News
Tata Communications to acquire global CPaaS platform player Kaleyra at $100M
India-based digital ecosystem enabler Tata Communications has on Friday announced that it will acquire United States-listed communications platform as a service (CPaaS) platform at approximately $100 million.
TechNode Global hosts forums in Singapore and Seoul, focusing on China Market Access and the Greater Bay Area
Both forums also showcased the Hengqin region's potential as a springboard for startups to access the vast opportunities in Greater China. Liang Ying, Chief Information Officer of Zhuhai Da Hengqin Development Co., Ltd., gave presentations on Hengqin's strategic location within the Guangdong-Hong Kong-Macao Greater Bay Area, its unique advantages, and…
ADB approves $1B loan to support low-carbon public transport in the Philippines
The Asian Development Bank (ADB) has on Thursday approved a $1 billion loan to help establish a city-wide public transport project in Davao City, the first project in the country to deploy electric bus fleets at scale in support of the Philippines’ efforts to reduce greenhouse gases and promote climate action.
Singapore’s SUNRATE closes Series D-1 funding round with Prosperity7 Ventures as lead investor
SUNRATE, an intelligent global payment and treasury management platform based in Singapore, has announced on Tuesday that Prosperity7 Ventures, the diversified growth fund under Aramco Ventures, has made an investment in the company in its latest D-1 funding round.
Taiwan’s Gogoro to deploy $1.5 billion smart battery infrastructure in India’s State of Maharashtra
Taiwanese battery-swapping refueling platform provider Gogoro will manufacture and deploy smart battery infrastructure in India's State of Maharashtra that would exceed $1.5 billion over eight years.
Packworks leverages AI to forecast future trends in sari-sari stores across the Philippines
Packworks, a Philippine startup that provides a business-to-business (B2B) open platform to sari-sari stores, is riding the wave of artificial intelligence (AI) and machine learning to help sari-sari stores across the Philippines make informed decisions in stocking their shelves.
Interest in lending products in SEA has risen by 15 percent since 2020, says Robocash
Interest in lending products in Southeast Asia (SEA) has risen by 15 percent since 2020, according to an investment platform Robocash Group. The fastest growing segment of lending in the region is related to online loans.
Singapore’s NDR Medical Technology automated robotic device gets FDA clearance
NDR Medical Technology, an artificial intelligence (AI)-empowered interventional robotics company in Singapore, has on Wednesday announced that its automated robotic device automated needle targeting system (ANT)-X has been granted FDA 510(k) clearance by the United States Food and Drug Administration (FDA).
Dat Bike, HSBC enter strategic partnership to back Vietnamese EV firms
HSBC Bank (Vietnam) Ltd. (HSBC Vietnam) and Dat Bike Vietnam Ltd. (Dat Bike) have signed a strategic agreement which allows the Vietnam’s international bank to help the electronic motorbike manufacturer digitalize their financial operation, and set up their initial footprint in the overseas financial market, opening up more opportunities to access foreign…
Singapore’s Igloo launches new insurance products across Southeast Asia
Singapore-based insurtech firm Igloo has launched a range of new insurance products aimed at addressing emerging risks and the underserved needs of consumers and businesses in Southeast Asia.
