News

Jungle Ventures, the Singapore-based independent venture capital firm, has announced the addition of the HealthXCapital (HXC) team to lead the firm’s healthcare investments in Southeast Asia and India. Founded in a joint commitment of driving positive change within healthcare, this move marks a seamless and timely transition in reflection of HXC and Jungle…

Beep, a Singapore-based internet of things (IOT) transaction platform startup has successfully completed its seed round, with GGV Capital and Wing Vasiksiri as the lead investors. The round saw additional participation from NUS Technology Holdings (a fully owned subsidiary of NUS), SUTD Venture Holdings, XANetwork, and other prominent angel investors.

Open Campus, a community-led protocol for educators, content creators, parents, and students, and TinyTap, an edtech subsidiary of Hong Kong-based gaming firm Animoca Brands, have on Thursday announced a strategic partnership with Code Green, the trailblazing Web3 organization driven by a commitment to the planet's health. The collaboration aims to help…

The summit saw over 16,000 visitors from 50 countries worldwide, with an international participation rate of over 40 percent.

Malaysia-based insurtech platform Ouch! has launched its first digital takaful product Pusara Pro in the country. The plan marks Ouch!’s formal entry into the takaful market as the first digital Takaful operator in Bank Negara Malaysia’s regulatory Sandbox.

The digital wallet race intensifies as banks and FinTechs inAsia and around the world invest in insurance, according to Chubb survey revealed on Wednesday. A majority (56 percent) of financial executives involved in insurance decision-making globally expect to generate more than 10 percent of their revenue from embedded insurance within three years.

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, announced Wednesday that it has become an official AWS Activate Provider, enabling it to offer to its portfolio companies the tools, resources, content, and expert support to build on AWS and accelerate development for Web3 products and services.…

Malaysian engineering-based infrastructure and services company UEM Group Berhad has secured majority shares in sustainable energy solutions company Cenergi SEA Berhad (Cenergi) from Khazanah Nasional Berhad (Khazanah).

Vietnamese electric vehicle (EV) automaker VinFast Auto Ltd. (VinFast) has made a strong debut on Nasdaq on Tuesday. The stock opened at $22, more than double the $10 per share agreed with VinFast's special purpose acquisition company (SPAC) partner Black Spade Acquisition (Black Spade) that had valued VinFast at $23 billion. The stock ended at $37.06 on…