News
India’s Medulance secures $3M in Series A funding led by Alkemi Growth Capital
Medulance, a player in India's emergency healthcare services sector, has secured $3 million in Series A funding, led by Alkemi Growth Capital. Medulance said in a statement on Tuesday the funding round also saw participation from investors such as Dexter Capital, Aman Gupta, and Namita Thapar.
April 16, 2024
Tracxn : SEA FinTech startups see 13 percent decline in funding in first quarter amid slowdown in economic activity
The Southeast Asia (SEA) finTech sector secured funding worth $530 million in the first quarter of 2024, a 13 percent lower than the $607 million raised in the corresponding quarter last year, Tracxn said in a a report on Tuesday.
April 16, 2024
Malaysia’s Sunway inks TVET agreement with Ministry of Youth and Sports
Malaysia-based conglomerate Sunway and the National Youth Advance Skills Training Institute (IKTBN) in Dusun Tua, a public vocational school under the Ministry of Youth and Sports of Malaysia, have inked deal to foster closer cooperation focusing on Technical and Vocational Education and Training (TVET) in the fields of electrical and mechanical, and…
April 16, 2024
Analysts see renewable energy export a new growth driver for Malaysia
Analysts view the Malaysian government's move to set up an energy exchange platform to facilitate cross-border trading of renewable energy positively as it will boost the country's renewable energy industry.
April 16, 2024
Features,News,Singapore,eCommerce,SEA
Softbank-backed Carro seeks valuation above $2B as it prepares for IPO- report
Carro is raising capital during one of the hardest possible times for fledgling firms. The Southeast Asia technology industry has been plagued by job cuts, CEO resignations and falling startup valuations, making it difficult for companies to debut on public markets.
April 16, 2024
Malaysia sets up energy exchange for cross-border green electricity sales
In line with Malaysia’s energy transition aspiration and commitment to support regional power integration via the ASEAN Power Grid Initiative, the government of Malaysia has agreed to establish Energy Exchange Malaysia (ENEGEM) for cross-border green electricity sales to neighboring countries.
April 15, 2024
Study: SEA’s 13 decarbonization investment ideas present $150B green economy market opportunities
Bain & Company, GenZero, Standard Chartered and Temasek have in their recent report highlighted top 13 decarbonization investment ideas in Southeast East Asia which present $150 billion green economy market opportunities.
April 15, 2024
News,Malaysia,Logistics,Vietnam
Vietjet Air Cargo, Teleport deepen partnership with exclusive commercial rights on first key lane
Teleport, a Malaysia-based integrated logistics solutions provider, announced Monday that it will be managing the exclusive commercial rights of Vietjet Air Cargo’s New Delhi – Ho Chi Minh City belly space.
April 15, 2024
BII partners FMO to offer $50M financing facility to support commercial and industrial renewables sector in South-East Asia
British International Investment (BII), the United Kingdom's development finance institution and impact investor, and FMO, the Dutch entrepreneurial development bank, have on Monday announced a joint loan commitment of $50 million to BECIS, a leading energy-as-a-service (EaaS) provider in South-East Asia.
April 15, 2024
Bandar Utama City Centre appoints Solarvest to install solar panels on mall
Malaysia-based Bandar Utama City Centre Sdn Bhd (BUCCSB), the operator of 1 Utama Shopping Centre (1 Utama), has appointed Solarvest Energy Sdn Bhd, a wholly-owned subsidiary of clean energy expert Solarvest Holdings Berhad (Solarvest), to install Malaysia’s largest on-site solar photovoltaic (PV) panels and building-integrated photovoltaic (BIPV) panels…
April 15, 2024












