News
UOB Malaysia launches financing solution for electric vehicle ecosystem
Banking group UOB Malaysia has announced the launch of U-Drive, a comprehensive financing solution for the electric vehicle (EV) ecosystem in the country. The solution seamlessly connects the EV value chain, including automotive component suppliers, automotive brand owners, dealers, and charging point operators to end-users.
INA and GDS collaborate to co-invest in data center platform in Indonesia
Indonesia’s sovereign wealth fund Indonesia Investment Authority (INA) and China-based data centers operator GDS have announced their partnership to develop and expand the data center landscape in Indonesia. The two entities recognized Indonesia’s potential as an emerging data center market and share a common vision regarding the pivotal role that data…
LINE MAN Wongnai and LINE Thailand acquire Rabbit LINE Pay’s shares
LINE MAN Wongnai and LINE Company (Thailand) Limited acquire the shares of Rabbit LINE Pay Company Limited (RLP) from previous shareholders RabbitPay System Company Limited and Advanced mPAY Company Limited. The transaction allows LINE MAN Wongnai to become the majority shareholder of RLP.
India’s Facets.cloud raises $4M in seed funding led by 3one4 Capital
Facets.cloud, a self-serve infrastructure management platform based in India, has raised $4 million in a seed funding round led by 3one4 Capital. The firm aims to use this capital to expand in the United States market, promote and advance the platform engineering philosophy and enhance its product offerings.
Duet AI expands across Google Workspace and Google Cloud
Google Cloud announced Wednesday that Duet AI will now provide artificial intelligence (AI) assistance across an even wider range of Google Cloud products and services to cloud users spanning employees, software developers, information technology (IT) operators, data practitioners, and cybersecurity professionals.
Singaporean SaaS HealthTech firm MiyaHealth concludes $7.7M Pre-Series A fundraise for global expansion
MiyaHealth, a Singapore-headquartered software as a service (SaaS) HealthTech firm, has closed SGD 2.4 million ($1.78 million) Pre-Series A extension round amidst the funding winter, bringing the total fundraise to SGD 10.4 million ($7.7 million).
Superbank, Genesis Alternative Ventures launch $39.38M financing solution for innovative Indonesian startups
PT Super Bank Indonesia (Superbank) and Genesis Alternative Ventures (Genesis), Singapore-based venture lender, have launched a financing solution, with both entities committing up to IDR 600 billion ($39.38 million) to back innovative Indonesian startups.
India’s PhonePe launches stock broking platform Share(dot)Market
Indian digital payments and financial services company PhonePe, has on Wednesday announced its foray into stock broking with Share(dot)Market, under its subsidiary PhonePe Wealth Broking Pvt. Ltd. Share(dot)Market elevates discount broking by providing market intelligence, quantitative research-based WealthBaskets, a scalable technology platform, and great…
Malaysia’s iPrice launches price comparison platform in Australia
IPrice Group, a Malaysia-based e-commerce technology company, has launched its price comparison platform in Australia. With the launch of iPrice.au, iPrice stands apart in the Australian market with its unique ability to compare and curate offers at the same scale that has led to their dominance across Southeast Asia (SEA).
Singapore’s Qashier raises $10M in Series A funding co-led by Delivery Hero Ventures, IFP Securities
Singapore-based fintech startup Qashier announced Wednesday that it has secured $10 million in a Series A funding round. The funding round was co-led by Delivery Hero Ventures, an independent venture capital fund backed by Delivery Hero, the world’s leading local delivery platform, and IFP Securities.
