News

Quest Ventures appoints April Ong Vaño as Head of Environmental, Social & Governance

China-based venture capital firm Quest Ventures has appointed Philippine-based April Ong Vaño as its Head of Environmental, Social & Governance (ESG). In this capacity, Ong Vaño will play a pivotal role in advancing the company's mission and advancing sustainability efforts in key markets.

Thailand expects Tesla, Google, Microsoft to invest $5B — report

"Tesla would be looking into an EV manufacturing facility, Microsoft and Google are looking at data centers," Thailand's Prime Minister Srettha Thavisin said.

Vietnamese Internet Platform VNG postpones US IPO – report

VNG has been exploring going public in the US since at least 2017.

Japan’s Incubate Fund Asia announces first close of $50M third fund

Japan's venture capital firm Incubate Fund Asia has on Thursday announced the first close of its third fund which has a target corpus of $50 million. The fund is expanding its focus on supporting pre-seed and seed-stage startups in India and South East Asia (SEA).

Ant Group introduces ten Asian e-wallets to China to boost cross-border mobile payment

Chinese digital payment firm Ant Group has officially welcomed seven new leading e-wallets and payment apps from Asia to the “Alipay+-in-China” Program (A+China Program). The new additions bring the total number of overseas e-wallets accepted in the Chinese mainland to ten.

SC Ventures launches audax Financial Technology to help financial institutions accelerate digital banking capabilities

SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, has launched audax Financial Technology (audax), a digital banking technology solutions provider. The platform is designed to empower banks and financial institutions to accelerate their digital transformation, deliver new business models, serve new customer segments and…

Malaysian pension fund KWAP launches $107M to boost Malaysia’s venture and startup ecosystem

Malaysia's pension fund Kumpulan Wang Persaraan (Diperbadankan) [KWAP] has on Thursday announced the launch of Dana Perintis, aimed at injecting vitality into Malaysia's venture and startup ecosystem. With a commitment to invest up to MYR 500 million ($106.6 million) over the next 18 to 24 months, KWAP is set to empower early-stage companies, drive…

Google Cloud to provide developers with access to data from 11 more blockchains

Google Cloud has on Friday announced that it has added 11 more of the most in-demand blockchains to the BigQuery public datasets program, while making improvements to existing datasets in the program. The 11 in-demand chains that Google Cloud is adding into BigQuery public datasets include: Avalanche; Arbitrum; Cronos; Ethereum (Görli); Fantom (Opera);…

Pakistan’s Truckistan Technologies secures $1M initial funding

Truckistan Technologies, the Pakistan-based tech-enabled less-than-truckload (LTL) company, has on Tuesday announced its successful seed fundraising round. The final amount is nearly $1 million with some late-stage participants yet to finalize their commitments.