News
Temasek to invest $145M in Indian Mahindra & Mahindra EV unit
Singaporean state investor Temasek will invest INR 1,200 crore ($145.02 million) into Indian automaker Mahindra & Mahindra Ltd's electric vehicle (EV) unit for up to 3 percent stake.
Soft Space, Hong Leong Bank and JCB expand JCB card acceptance in Malaysia
Malaysia-based fintech-as-a-service provider Soft Space, Japan-based international payment brand JCB's international operations subsidiary JCB International (JCBI), and Malaysian lender Hong Leong Bank (HLB) have joined forces to actively drive JCB Card acceptance in Malaysia, bolstered by strong post pandemic economy recovery prospects.
Gobi Partners bolsters HealthTech portfolio to $11.8M in Greater Bay ASEAN
Pan-Asian venture capital firm Gobi Partners has bolstered its HealthTech portfolio with an aggregate investment of $11.8 million, spreading across 12 dynamic startups within China's Greater Bay Area (GBA) and Southeast Asia - or ‘Greater Bay ASEAN’.
Funding Societies partners CGC Digital to support MSMEs via digital supply chain financing guarantee
Singapore-based digital financing platform Funding Societies has partnered with CGC Digital, the FinTech subsidiary of Credit Guarantee Corporation Malaysia Berhad (CGC), to support micro, small and medium Eenterprises (MSMEs) via digital supply chain financing guarantee.
Australian clean energy company MGA Thermal secures $8.25M funding to accelerate operations
Australian clean energy company MGA Thermal, has secured $8.25 million in funding as it prepares to scale its long-duration energy storage (LDES) solution. The fundraising effort attracted strong support from existing investors, including Main Sequence, Varley Holdings, Melt Ventures and New Zealand’s Climate Venture Capital Fund.
Binance receives operational MVP license in Dubai
Crypto asset trading platform Binance's Dubai subsidiary Binance FZE has become the first exchange to receive the operational minimum viable product (MVP) license from Dubai's Virtual Asset Regulatory Authority (VARA).
Nomura’s crypto arm receives operating license from Dubai
Laser Digital Middle East FZE, Nomura’s Dubai-based digital asset subsidiary, announced Tuesday that it has received operating license approval from Dubai’s Virtual Asset Regulatory Authority (VARA) completing the final stage in VARA’s licensing process.
FWD Startup Studio Accelerator application is open to Asia-based startups to apply
Application for FWD Startup Studio Accelerator Program is now open, with a focus on Asia-based startups that are venture-backed in insurtech or adjacent verticals. FWD Startup Studio, in collaboration with 1337 Ventures, is thrilled to announce the 5th cohort of FWD Startup Studio Accelerator, a game-changing 13-week program designed to catapult insurtech…
Ni Hsin EV Tech partners foodpanda Malaysia for greener food delivery with EV motorcycles
Ni Hsin EV Tech Sdn Bhd (NH EV TECH), a wholly owned subsidiary of Malaysia-listed firm Ni Hsin Group Berhad, has partnered delivery platform foodpanda Malaysia for greener food delivery with electric vehicle (EV) motorcycles.
Diners Club Singapore rebrands to DCS Card Centre for transformation
Singapore-based payment firm DCS Card Centre (DCS) has announced Wednesday that it has rebranded from Diners Club Singapore to DCS, which represents a major transformation of the financial institution (FI).
