News
Thailand’s KTC partners China’s Ant Group to introduce ‘Alipay+’ to Thai Merchants
Thailand-based consumer financial services company Krungthai Card Public Company Limited (KTC) has partnered with China-based technology firm Ant Group to launch has launched 'Alipay+', a suite of global cross-border digital payment and marketing solutions, on KTC's payment gateway.
India’s Arkam Ventures launches $180 million fund to tap “Middle India” opportunity
Indian venture capital firm Arkam Ventures has launched its Fund II with a target size of $180 million to tap "Middle India" opportunity. The fund will continue to build a thesis-driven, concentrated portfolio by going deeper in its existing sectors and, as well as identifying category leaders in promising areas like manufacturing, tech and electric…
Hong Kong greentech firm Ampd Energy raises $8M funding for global expansion
Ampd Energy (Ampd), a trailblazing startup and energy storage systems provider based in Hong Kong, has raised $8 million in an extension of Series A funding for global expansion. MTR Lab Company Limited (MTR Lab) has partnered with technology investors 2150 and Taronga Ventures to co-invest in Ampd.
Iskandar Investment collaborates with seven EV players to promote EV use in Malaysia
In keeping up with global efforts towards sustainable development and reducing carbon emissions, Iskandar Investment Berhad (IIB) has on Monday announced a document exchange ceremony with seven partners in the sustainable electric vehicle (EV) industry, to promote use of EVs and renewable energy solutions in Iskandar Puteri, Malaysia.
Singapore’s Lion TCR secures $40M in Series B2 financing led by Chinese investors
Lion TCR, a Singapore-based clinical-stage T-cell immunotherapy company, has announced the successful completion of its $40 million Series B2 financing round. Guangzhou Industrial Investment and Capital Operation Holding Group Ltd. led the financing with participation from Guangzhou Guoju Investment and CSPC NARD Capital Fund.
Pouch.ph launches Send Globally feature to ease money transfers from the Philippines to US banks
Pouch, the lightning payment operator in the Philippines, has introduces its latest app feature "Send Globally" to facilitate instant, low-cost, and safe money transfers from the Philippines to any bank account in the United States.
Switzerland’s ABB invests $1M in New Digital Solutions and Training Center in Singapore
ABB, a Switzerland-based global technology company, has announced that it is investing $1 million to open a Digital Solutions & Training Center in Singapore, the first of its kind in Asia Pacific for ABB Electrification Service.
Malaysia’s iMotorbike raises $2.6M in Series A round led by Gobi Partners and Ondine Capital
IMotorbike, a Malaysia-based e-commerce platform for preowned motorcycles, has announced that it has raised MYR12 million ($2.6 million) in its Series A funding round led by Gobi Partners and Ondine Capital.
Indonesia’s Baskit secures $3.3M seed round to digitize distribution infrastructure for SMEs
Baskit plans to utilize the newly-raised funds to expedite its tech roadmap and extend its reach within #Indonesia. "Our goal is to harmonize the #supplychain, embracing transformative technologies while respecting traditional norms," says Baskit's CEO, Yann Schuermans. "To achieve this, we are developing cutting-edge tools that will be both functional and…
