News
Packworks leverages AI to forecast future trends in sari-sari stores across the Philippines
Packworks, a Philippine startup that provides a business-to-business (B2B) open platform to sari-sari stores, is riding the wave of artificial intelligence (AI) and machine learning to help sari-sari stores across the Philippines make informed decisions in stocking their shelves.
Interest in lending products in SEA has risen by 15 percent since 2020, says Robocash
Interest in lending products in Southeast Asia (SEA) has risen by 15 percent since 2020, according to an investment platform Robocash Group. The fastest growing segment of lending in the region is related to online loans.
Singapore’s NDR Medical Technology automated robotic device gets FDA clearance
NDR Medical Technology, an artificial intelligence (AI)-empowered interventional robotics company in Singapore, has on Wednesday announced that its automated robotic device automated needle targeting system (ANT)-X has been granted FDA 510(k) clearance by the United States Food and Drug Administration (FDA).
Dat Bike, HSBC enter strategic partnership to back Vietnamese EV firms
HSBC Bank (Vietnam) Ltd. (HSBC Vietnam) and Dat Bike Vietnam Ltd. (Dat Bike) have signed a strategic agreement which allows the Vietnam’s international bank to help the electronic motorbike manufacturer digitalize their financial operation, and set up their initial footprint in the overseas financial market, opening up more opportunities to access foreign…
Singapore’s Igloo launches new insurance products across Southeast Asia
Singapore-based insurtech firm Igloo has launched a range of new insurance products aimed at addressing emerging risks and the underserved needs of consumers and businesses in Southeast Asia.
Thailand’s KTC partners China’s Ant Group to introduce ‘Alipay+’ to Thai Merchants
Thailand-based consumer financial services company Krungthai Card Public Company Limited (KTC) has partnered with China-based technology firm Ant Group to launch has launched 'Alipay+', a suite of global cross-border digital payment and marketing solutions, on KTC's payment gateway.
India’s Arkam Ventures launches $180 million fund to tap “Middle India” opportunity
Indian venture capital firm Arkam Ventures has launched its Fund II with a target size of $180 million to tap "Middle India" opportunity. The fund will continue to build a thesis-driven, concentrated portfolio by going deeper in its existing sectors and, as well as identifying category leaders in promising areas like manufacturing, tech and electric…
Hong Kong greentech firm Ampd Energy raises $8M funding for global expansion
Ampd Energy (Ampd), a trailblazing startup and energy storage systems provider based in Hong Kong, has raised $8 million in an extension of Series A funding for global expansion. MTR Lab Company Limited (MTR Lab) has partnered with technology investors 2150 and Taronga Ventures to co-invest in Ampd.
Iskandar Investment collaborates with seven EV players to promote EV use in Malaysia
In keeping up with global efforts towards sustainable development and reducing carbon emissions, Iskandar Investment Berhad (IIB) has on Monday announced a document exchange ceremony with seven partners in the sustainable electric vehicle (EV) industry, to promote use of EVs and renewable energy solutions in Iskandar Puteri, Malaysia.
