News
Malaysia’s Involve Asia raises over $10M in funding round led by Bintang Capital Partners
Bintang Capital Partners Berhad (Bintang) has announced its second investment under its maiden fund, BCP Asia Fund I L.P., into Involve Asia Technologies Sdn. Bhd. The $10 million investment round of Involve Asia was led by Bintang, and supported by co-investors Orbit Capital Malaysia, 500 Global, and Monumental Productions.
Singapore and India launch real-time payments
The Monetary Authority of Singapore (MAS) and the Reserve Bank of India (RBI) have on Tuesday launched the linkage between Singapore’s PayNow and India’s Unified Payments Interface (UPI).
Fitch Solutions sees Malaysia’s EV sales to reach 1 percent of total vehicle sales by 2024
Fitch Solutions has on Monday anticipated that passenger electric vehicle (EV) sales in Malaysia will expand in 2023, albeit from a low base, as a result of the implementation of incentives to encourage adoption.
Princeton Digital to invest $1B for data center campus in Malaysia and Indonesia
Princeton Digital Group (PDG), Asia’s leading data center provider, has on Monday unveiled its SG+ strategy with the announcement of a 96 MW data center campus in Batam.
Singapore’s ProfilePrint partners Guatemala’s Anacafé to provide digital platform to Guatemalan coffee farmers
Anacafé, the Guatemalan National Coffee Association and ProfilePrint, a Singapore-based artificial intellignece (AI) agrifood tech company, have on Monday announced an alliance to provide Guatemalan coffee farmers a digital platform to grade their coffee beans more effectively and efficiently with its cutting-edge technology, complementing the current…
AC Ventures launches advisor community to support startups
Indonesia’s leading early-stage venture capital firm AC Ventures (ACV) has on Tuesday formally announced its latest value creation initiative in the form of an expert advisor community, designed to help startups achieve operational excellence from day one.
Carsome enters after sales market with launch of Carsome service center
Malaysia-based integrated car e-commerce platform Carsome has ventured into the after-sales car service market with the launch of Carsome Service Center.
Tencent Cloud ranks as the No. 1 cloud services provider in media services market, says Frost & Sullivan
Tencent Cloud, the cloud business of global technology company Tencent, has on Tuesday announced that it has been recognized as the no. 1 services provider in the media services market, according to Frost & Sullivan’s 2022 Asia-Pacific (APAC) Media Service Market Report.
Savvy Games invests $265M in Chinese esports player VSPO
China-based esports player VSPO (formerly VSPN) has announced the biggest direct investment ever made in the industry with a $265 million deal by innovative games and esports company Savvy Games Group, wholly owned by Saudi Arabia’s Public Investment Fund (PIF), who will now become VSPO’s single largest equity holder.
Nominations for 3rd edition of 100 Women in Tech list now open
The Singapore Computer Society (SCS), in partnership with the Infocomm Media Development Authority (IMDA), have on Monday announced the third edition of the Singapore 100 Women in Tech (SG 100 WiT) list.
