News

AnyMind Group, a Singapore-founded business process as a service (BPaaS) company, has on Thursday announced that it has entered into an agreement to acquire all shares of Malaysia-based e-commerce enabler, Arche Digital.

Indonesian biggest tech firm GoTo has foreseen its 2024 group adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) to breakeven after achieving first quarterly profit.

Singapore-based venture capital firm Studio 30 50 has launched its first European cohort in Copenhagen, welcoming back previous cohort-founded startups Orbital Wave and Vanguard alongside emerging maritime entrepreneurs and startups.

B Capital, a global multi-stage investment firm, has on Tuesday announced the close of B Capital Opportunities Fund II, L.P. (Opportunities Fund II) with aggregate capital commitments of $750 million, nearly doubling the size of its predecessor B Capital Opportunities Fund I.

Eesee, the United Arab Emirates (UAE)-based gamified marketplace has received an investment from Animoca Brands, a Hong Kong-based gaming firm.

Switzerland-based insurance firm Chubb and Singapore-based digital financial services platform Atome, have announced a regional partnership to help drive consumer protection across Southeast Asia.

Philippines-based venture capital firm Kaya Founders is targeting PHP1.4 billion ($25 million) across two new funds to invest in early-stage start-ups in the Philippines and Southeast Asia.

Over 200 LPs, including more than 150 family offices from across 30 countries, set to attend, aiming for collaboration with international partners.

Malaysia-based power firm YTL Power International has on Monday announced the formation of YTL AI Cloud, a specialized provider of massive-scale GPU-based accelerated computing, and that it will deploy and manage one of the world’s most advanced supercomputers on NVIDIA Grace Blackwell-powered DGX Cloud – an artificial intelligence (AI) supercomputer for…

Singtel has on Tuesday launched Paragon-S, a digital aggregation and orchestration platform that will empower satellite operators to digitally transform and leverage the newest digital technologies.