News
Carousell partners Carzuno to launch Carousell Car Subscription in Singapore
Riding on the newly-launched Carousell Certified program for cars, multi-category classifieds and recommerce marketplace Carousell is partnering car-as-a-subscription company Carzuno to launch the Carousell Car Subscription in Singapore, providing further convenience for users.
INA and BII announce partnership to foster green investments in Indonesia
Indonesia Investment Authority (INA), the sovereign wealth fund of Indonesia, and British International Investment (BII), the United Kingdom’s development finance institution (DFI) and impact investor, have on Tuesday announced a strategic partnership aimed at fostering sustainable economic development and cooperation, especially in green sectors.
Malaysia’s Gentari appoints Navjit Gill as India’s Country Head
Malaysian clean energy solutions provider Gentari Sdn Bhd (Gentari) has appointed energy industry veteran Navjit Gill as its new Country Head for India, effective July 10 2023. As Country Head of Gentari India, Navjit will lead the team in growing all three core pillars, fortifying its presence not only in commercial & industrial sectors by 2025 but…
Singapore’s Hydroleap raises $4.4M in Series A funding led by Real Tech to enter new APAC markets
Hydroleap, the next-generation green wastewater technology company headquartered in Singapore, has on Tuesday announced it has raised $4.4 million in Series A funding. The funding round was led by Japanese Venture Capital firm Real Tech Holdings, and joined by a mix of new and existing corporateinvestors such as Mitsubishi Electric, Seeds Capital, Wavemaker…
Singapore’s Thunes extends Series C funding to $72M with support from Visa, EDBI, Endeavor Catalyst
Thunes, the Singapore-based business to business (B2B) payment infrastructure platform, has on Monday announced it has extended its Series C funding to $72 million backed by three prominent investors Visa, a world leader in digital payments, EDBI, a Singapore-based global investor and Endeavor Catalyst, a San-Francisco co-investment fund of Endeavor, have…
Tesla starts accepting orders in Malaysia
As part of Malaysia's commitment to promoting the adoption of low-carbon mobility and supporting the development of the electric vehicle (EV) industry, customers can enjoy full import and excise duties exemption for newly registered zero-emission Tesla electric vehicles.
Indian open-source low-code platform ToolJet raises funding from Microsoft’s M12 Fund, GitHub
ToolJet, the open-source low-code platform for developers in India, announced Monday that it has secured an investment from M12, Microsoft’s venture fund and GitHub via the M12 GitHub Fund to fuel its next stage of growth.
Tracxn: Vietnam’s tech startup ecosystem sees 82 percent plunge in funding
Total funding into Vietnam tech startups fell 82 percent to $66 million in the first half of 2023 from $372 million in the first half of 2022, indicating a funding winter in the region, Tracxn Technologies Ltd. said Monday.
AEON Credit Service partners Aeon Financial Service to undertake digital Islamic bank business in Malaysia
Malaysia's financial service firm AEON Credit Service (M) Berhad has partnered Japan-listed financial institution Aeon Financial Service Co. Ltd. (AFS) to undertake the business of a digital Islamic bank in Malaysia.
Malaysia’s Ni Hsin partners UNIVERSITI TEKNIKAL MARA to promote EV motorcycles
Ni Hsin EV Tech Sdn. Bhd. (NH EV TECH), a wholly-owned subsidiary of Malaysia main market-listed Ni Hsin Group Berhad, has signed a letter of intent (LOI) with UNIVERSITI TEKNIKAL MARA SDN. BHD. (UnIKL), to promote the innovative electric motorcycles known as EBIXON EV Motorcycles.
