News
MRANTI partners pitchIN to boost Malaysian startups
Malaysian Research Accelerator for Technology & Innovation (MRANTI), a commercialization catalyst in the technology and innovation ecosystem, and pitchIN, Malaysia's Digital Fundraising and Investment Hub, have announced their strategic partnership aimed at revolutionizing the investment landscape for Malaysian startups and spinoffs.
Singapore yellow biotech firm Ento Industries raises growth funding to ramp up production capabilities
Singapore home-grown biotechnology start up Ento Industries has secured growth funding from a pair of environmental, social and governance (ESG)-focused private investors Tak Wai CHUNG and Te-LingNAI. The funding will expedite the firm's move to a larger facility and ramp up its production capabilities.
New report by AC Ventures, AEML reveals promising outlook for electric vehicles in Indonesia
New Report by Indonesia's early-stage venture capital firm AC Ventures and and the Electric Mobility Ecosystem Association (AEML) has revealed a promising outlook for electric vehicles (EV) in Indonesia.
Former Fave Execs launches pre-seed fund to support consumer-focused startups in Southeast Asia
Former Fave Execs Joel Neoh and Audra Pakalnyte have launched First Move, a founder-led early-stage fund, to empower consumer-focused startups across Southeast Asia. The fund provides vital pre-seed funding of up to $100,000, and has a current portfolio of seven companies spanning Singapore, Malaysia, and Indonesia.
Singapore’s NEU Battery Materials concludes oversubscribed $3.7M seed funding round
NEU Battery Materials, a Singapore-based lithium-ion battery recycling startup, has raised a total of $3.7 million in an oversubscribed seed funding round led by SGInnovate, a Singapore government-backed deep tech investor and ecosystem builder.
Touch ‘n Go eWallet offers complete payment coverage for on-street parking in Kuala Lumpur and Selangor
Touch ‘n Go eWallet users are now able to conveniently payat more areas under the 19 enabled councils, with complete coverage for both Kuala Lumpur and Selangor areas in Malaysia. The newly enabled councils are the Majlis Perbandaran Klang, MajlisBandaraya Seremban - Nilai, and Majlis Perbandaran Ampang Jaya.
Hong Kong and Saudi Arabia to boost information and technology collaboration
Hong Kong and Saudi Arabia are boosting their information and technology collaboration with the visit of Saudi Minister of Communications and Information Technology (MCIT) Abdullah Al-Swaha and the signing of various agreements on Sunday.
Indonesia’s fintech P2P lending market share surges by 28 percent in six months, says YouGov
Despite the economic challenges faced post-pandemic, Indonesia has seen a 28 percent growth in the market share of peer to peer (P2P) lending in just 6 months, YouGov's study showed on Monday. The study further solidifies the position of fintech in Indonesia, particularly P2P lending, as an attractive investment instrument for the public.
Vietnam’s VinFast expands European network with opening of Berlin store
Vietnamese electric vehicle (EV) manufacturer, VinFast, has opened the doors to its new showroom in Berlin. The new store is the third in Germany and continues the expansion of the marque’s network across Europe.
Thailand’s Roojai acquires FWD General Insurance Public Company to boost market share
Roojai, Thailand’s online insurance provider, has on Monday announced it has agreed to acquire FWD General Insurance Public Company Limited in Thailand. With this acquisition, Roojai will substantially increase its market share in Thailand with a combined portfolio of over $50 million in annual premium.
