News

Indian agri-consumer tech startup Eggoz raises $8.8M led by IvyCap Ventures

Eggoz, an India-based agri-consumer tech startup, has on Wednesday announced that it has raised $8.8million in a series B funding round led by Mumbai-based IvyCap Ventures Pvt Ltd. The round also saw participation from the existing investors NABVENTURES, Avaana Capital, and Rebright Partners.

Bursa Malaysia and RAM collaborate on a new debt fundraising platform

Malaysian stock exchange Bursa Malaysia Berhad and credit ratings firm RAM Holdings Berhad have entered into a shareholders’ agreement on Thursday to develop a new debt fundraising platform that will facilitate listed and unlisted small to mid-sized companies tapping into a new pool of capital outside of traditional wholesale markets, offering a new avenue…

XtalPi and EDDC collaborate in AI-empowered drug discovery program for non-small cell lung cancer

XtalPi, a China-based pharmaceutical technology company powered by artificial intelligence (AI) and automation, has on Monday announced a strategic collaboration with the Experimental Drug Development Centre (EDDC), Singapore's national platform for drug discovery and development hosted by the Agency for Science, Technology and Research of Singapore…

Berjaya Corp partners MNC Group to explore E-Money business in Malaysia

Malaysia-listed conglomerate Berjaya Corporation Berhad (BCorp) and Indonesian conglomerate MNC Group arm PT MNC Kapital Indonesia TBK (BCAP) have signed a preliminary nonbinding term sheet to enable both parƟes to explore e-money business in Malaysia.

Singapore’s Alchemy Foodtech raises oversubscribed $3M in extended bridge round

Alchemy Foodtech, a Singapore-based food innovation company, has raised $3million from investors including public-listed Thai President Foods, Pine Venture Partners and Selera Kapital, an investment arm of Sour Sally Group.

Singlife with Aviva launches accelerator for Insurtech startups

Singapore homegrown financial services company Singlife with Aviva has announced the launch of Singlife Connect, its accelerator programme to support and spur the growth of promising insurtech startups.

Indonesia’s Fita receives $1.9M strategic investment from INDICO

Fita, a preventive health startup based in Indonesia, has on Wednesday announced a strategic investment of $1.9 million from INDICO, a Telkomsel's subsidiary organizing businesses in the digital sector.The fresh investment will be allocated for key product development, further enhancing Fita's health ecosystem that focuses on users but also on completing…

Indonesia’s Suryanesia raises $2M funding led by Intudo Ventures

Suryanesia, an Indonesian clean energy company, has on Thursday announced the completion of a $2 million seed round of financing led by Intudo Ventures.The round also saw the participation from a number of angel investors that includes executives from leading management consulting companies, private equity firms and sovereign wealth funds.

Doctor Anywhere acquires Singapore-listed Asian Healthcare Specialists, secures additional $38.8M funding

Doctor Anywhere, a regional tech-led healthcare company headquartered in Singapore, announced Wednesday that it has acquired Catalist-listed Asian Healthcare Specialists, an integrated healthcare provider in Singapore. The firm also announced a $38.8 million Series C1 financing round, an up round led by Novo Holdings, a Denmark-based international life…

Malaysia’s Sersol ventures into electric scooters business

Malaysia-listed coatings business firm Sersol is venturing into selling and producing electric scooters. Its JV firms have partnered China's Chongqing Beidou Jiean Neo-Energy Technology to sell, distribute, assemble and produce electric scooters and related accessories and infrastructures which will include the charging of the electrics scooters…