News
Catcha Digital sets up new unit to develop technology solutions and software for Malaysia’s public sector
Malaysia-based Catcha Digital has on Thursday announced the formation of a new business unit called “i-Gov", specifically focused on working to develop technology solutions and software for the Malaysian government and the public sector.
Carsome partners PolicyStreet to introduce personal accident coverage in Malaysia
Malaysia-based user car platform Carsome has partnered InsurTech firm PolicyStreet to introduce Carsome Care+, a car personal accident coverage that also covers car loan payments in the event of unemployment.
Singapore IoT multi-sensing platform nami raises $10.5M Series A funding
Nami, a Singapore-based multi-sensing platform and ecosystem enabler for the Internet of Things (IoT) industry, has announced the close of its Series A financing round, raising $10.5 million from strategic investors including Verizon Ventures, Amavi Capital, INSPiRE and Aconterra.
Malaysia PM Anwar to meet Elon Musk to discuss investment – report
"Next week, Elon Musk asked to discuss with me the possibility and his commitment to increase his investments in Malaysia," Anwar was quoted as saying.
Malaysia’s Gentari partners JomCharge, chargEV for EV charging points roaming network
Malaysia-based clean energy solutions provider Gentari Sdn Bhd (Gentari) via its wholly-owned subsidiary Gentari Green Mobility Sdn Bhd has activated its roaming network of electric vehicle (EV) charging points in partnership with EV Connection Sdn Bhd (EVC) and Green EV Charge Sdn Bhd (GEV), a subsidiary of Yinson GreenTech (YGT).
Bain & Company to acquire global venture-building studio Rainmaking APAC arm
Global management consulting firm Bain & Company has on Friday announced that it intends to acquire the Asia Pacific (APAC) arm of global venture-building and start-up development studio, Rainmaking, to help companies across the region better innovate, launch, and scale new businesses.
Hong Kong’s OneDegree receives venture debt financing from HSBC
OneDegree Group, a Hong Kong-based InsurTech company, has on Thursday announced that the group has closed its first venture debt financing transaction with HSBC. The facility is provided under the HSBC New Economy Fund.
Japanese robotics firm Telexistence raises $170M funding from investors including SoftBank
Japanese robotics startup Telexistence (TX) has successfully raised a $170 million Series B round. Other than old investors, TX also secured funding from new investors including SoftBank Group Corp. (SBG), HH-CTBC Partnership (Foxconn Co-GP Fund), and Globis Capital Partners (GCP).
Malaysia’s Proton forms partnerships with E-bidding firms myTukar, MUV and Carsome
Malaysian national carmaker Proton has formalized strategic partnerships with three E-Bidding Companies (EBC), namely myTukar, MUV and Carsome, to refine the disposal process of trade-in cars for customers.
Singapore’s NodeFlair secures $2M in Series A funding led by Iterative
NodeFlair, a Singapore-based career advancement platform fortech talents, announced Thursday that it has raised $2 million Series A funding. The round was led by Iterative with participation from 500 Global and PERSOL VENTURE PARTNERS, the corporate venture capital arm of human resource management group PERSOL.
