News
Nadia Omer takes the helm at airasia MOVE as Chief Executive Officer
Airasia MOVE (formerly airasia Superapp) has announced Nadia Omer as its new Chief Executive Officer effective October 26, 2023, taking the helm from Mohamad Hafidz Mohd Fadzil who served as airasia MOVE’s acting Chief Executive Officer since April this year.
Malaysia’s Careplus diversifies its business to electric vehicles
Malaysia-listed glove maker Careplus has diversified its existing business to include the business of electric vehicles (EV). The firm has undertaken a joint venture with Malaysia-based EV firm Go Auto to import electric vehicles under the Neta brand, by taking up a 30 percent stake in Intro Synergy Sdn Bhd (ISSB), a wholly owned subsidiary of Go Auto…
Heidi Health completes $6.3 M Series A capital raise
Heidi Health, an artificial intelligence (AI) health-tech platform, has on Thursday announced the completion of an $6.3 million Series A capital raise to power its growth and product development. The raise was led by Blackbird Ventures - with participation by Hostplus, Hesta, Wormhole Capital, Archangel Ventures, Possible Ventures and Saniel Ventures.
Singapore’s YouTrip raises $50M Series B funding to accelerate regional expansion
YouTrip, a Singapore-based multi-currency digital payments platform, has on Thursday announced it has raised $50 million in its latest Series B fundraising round, led by new investor and global venture capital firm Lightspeed. This brings YouTrip’s total funds raised to over $100 million since inception.
Singapore’s OCBC rolls out generative AI chatbot to all employees globally
Singapore-based lender OCBC announced Wednesday that it will avail a generative artificial intelligence (AI) chatbot to its 30,000 employees globally in November to assist them with writing, research and ideation. The deployment of the chatbot, a collaboration between Microsoft’s Azure OpenAI and OCBC, aims to further boost productivity and better serve…
Malaysia’s Capital A prepares to raise more than $1B in debt, equity as it prepares New York SPAC listing – report
Fernandes has agreed a deal with Aetherium Acquisition, a special purpose acquisition company trading on NASDAQ, and plans to list several businesses through it next year, the FT reported.
917Ventures creates MSME ecosystem to address digitalization woes
917Ventures, a venture builder in the Philippines, has established six startups dedicated to supporting micro, small, and medium enterprises (MSMEs) in their digital transformation efforts, from securing funding and upskilling to expanding their customer reach.
Airasia MOVE achieves new record of 15.4 million average monthly active users in third quarter
Airasia MOVE, which was rebranded recently from airasia Superapp, has achieved a new record of 15.4 million average monthly active users in the third quarter, up by 61 percent year on year. This has led to another new high of 8.3 million transactions, up by 65 percent year on year.
SoPa’s Thoughtful Media ventures into concert sponsoring in Indonesia
Thoughtful Media Group Inc (TMG), the Thailand-based social commerce-focused, premium digital advertising network of Society Pass Incorporated (SoPa), has on Tuesday announced that it will commence sponsoring local live music events in Southeast Asia (SEA), resulting in creating unique marketing opportunities for advertisers.
Singapore’s Triple-A raises $10M Series A funding from Peak XV and Shorooq Partners
Singapore-based digital currency payment institution Triple-A has announced their $10 million Series A funding round on Wednesday. Leading the round are repeat investors Peak XV Partners (formerly known as Sequoia India & South East Asia), along with the strategic backing of Shorooq Partners, one of Middle East and North Africa (MENA)’s leading…
