News

Five Malaysian firms selected to pilot projects with MRANTI and UNICEF

Five Malaysian firms have been selected to pilot projects with the Malaysian Research Accelerator for Technology and Innovation (MRANTI) and the United Nations Children’s Fund (UNICEF).

Sequoia India & Southeast Asia rebrands as Peak XV Partners

Sequoia India & Southeast Asia, the largest venture capital firm in the region which manages over $9.2 billion across 13 funds, will now be known as Peak XV Partners globally.

Gobi Partners releases 2022 Sustainability Report as part of its commitment to UNGC’s Corporate Sustainability Principles

Pan-Asian venture capital firm Gobi Partners (Gobi) has on Monday released its 2022 sustainability report, highlighting the firm’s progress towards building more sustainable and diverse companies.

More than 400 small businesses in the Philippines now accept Bitcoin payments

Pouch.ph, a payment fintech launched in 2021 in the Philippines, said Monday it is transforming the landscape of the Philippine digital economy by enabling more than 400 small businesses to accept and process Bitcoin payments.

Khazanah leads PolicyStreet’s $15.3 million Series B fundraising round

Malaysia's sovereign fund Khazanah Nasional Berhad (Khazanah), under its Dana Impak mandate, recently led a Series B fundraising round of a Malaysian homegrown insurance technology (InsurTech) company, PolicyStreet, raising a total of $15.3 million. PolicyStreet recent fundraising round also garnered strong support from other local and international…

UK’s YOOBIC opens Bangkok office, doubles down on Asia Pacific

YOOBIC, the all-in-one frontline employee experience platform based in United Kingdom, has on Tuesday announced the opening of its Asia Pacific (APAC) headquarters in Bangkok, Thailand, to support the company’s rapid expansion in the region.

Green investment in SEA falls 7 percent year-on-year to $5.2B in 2022, a report shows

Green investment in Southeast Asia (SEA) fell 7 percent to $5.2 billion in 2022 from $5.6 billion in 2021, continuing a downward trend from previous years. a report showed Tuesday.

US SEC files 13 charges against Binance entities & Founder Changpeng Zhao

Charges include operating unregistered exchanges, broker-dealers, and clearing agencies; misrepresenting trading controls and oversight on the Binance.US platform; and the unregistered offer and sale of securities.

Ex-Fave boss Joel Neoh joins NASDAQ-listed HealthTech firm Prenetics

Prenetics is a genomics and precision oncology company dedicated to transforming patient care through advanced genomic and molecular technologies.

Capital A plans to launch ride-hailing in the Philippines challenging Grab – report

Capital A, previously known as AirAsia Group, has been aggressively building its digital businesses and super app over the last three years as most of its planes were grounded due to travel restrictions to contain the COVID-19 pandemic. The group has hoped to build its super app, modeling regional tech giants such as Grab’s and Gojek’s super apps which…