News

Malaysia’s MRANTI stepping up pace to accelerate 5G enterprise innovation

In driving enterprise 5G adoption forward, the Malaysian Research Accelerator for Technology and Innovation (MRANTI) has on last Friday brought together 20 key stakeholders to discuss pertinent issues, as well as to connect and collaborate on initiatives to progress the design, development and deployment of industry and enterprise 5G innovations in order to…

Indonesian insurtech firm PasarPolis sees significant growth potential in Indonesia

With less than two percent insurance penetration, Indonesia presents a market with significant headroom for growth, Indonesia-based insurtech firm Pasar Polis said Monday.

Indonesia’s Travelio raises an undisclosed Series C funding led by a large Korean financial group

Indonesia-based home rental startup Travelio has raised an undisclosed Series C funding round led by a large Korean financial group.

Telkom to integrate broadband arm IndiHome into Telkomsel

Telkomsel major shareholders Singapore Telecommunications (Singtel) and Indonesian telecommunications firm Telkom have signed an agreement to spin off and integrate Telkom's fixed broadband business IndiHome into Telkomsel.

Singapore’s Eleos Labs partners Grab to offer anti-theft and fraud detection solutions to Polygon

Eleos Labs, a Singapore-headquartered Web3 cybersecurity startup, has partnered with GrabDefence, a proprietary anti-fraud software as a service (SaaS) solution from Southeast Asian superapp Grab, to offer anti-theft and fraud detection solutions to Polygon.

Indian e-mobility startup Magenta Mobility raises $22M from bp and Morgan Stanley India Infrastructure

Indian e-mobility firm Magenta Mobility has secured $22 million equity investment from bp ventures, the venture capital arm of United Kingdom-based oil and gas firm bp, and Morgan Stanley India Infrastructure, the Indian infrastructure arm managed by the United States-based investment bank Morgan Stanley.

Amazon India and Ministry of Information & Broadcasting join hands to boost India’s creative economy

Amazon India has on Wednesday announced that it has signed a letter of engagement (LoE) with the Ministry of Information and Broadcasting (MIB), government of India, with an objective of growing India’s creative economy.

Indonesia sees consistent improvement in EV-DCI up to 2023, says East Ventures

Indonesia's East Ventures - Digital Competitiveness Index (EV-DCI) has increased for four consecutive years with the median score of 38.5 in 2023, said Singapore-based venture capital firm East Ventures Wednesday.

Toku acquires customer engagement firm Activeo Singapore to boost APAC businesses

Toku, a Singapore-based dedicated cloud communications provider, has on Tuesday announced that it has signed an agreement to acquire the Southeast Asia operations of Activeo, a leading customer experience (CX) consulting firm headquartered in France.

Oracle opens second cloud region in Singapore to meet growing cloud services demand

American technology firm Oracle has on Tuesday announced its plans to open a second cloud region in Singapore to meet the rapidly growing demand for its cloud services in South East Asia.