News

Manis Leting and Triphie tops the 1337 Ventures’ Alpha Startups™ Pre-Accelerator

Malaysian food tech firm Manis Leting and trip planning platform Triphie have topped the 1337 Ventures’ Alpha Startups™ Pre-Accelerator program.

ORIGIN Conference: Next Generation: Different Breeds of Unicorns

The panelist first discussed about what are the key ingredients needed to build a successful startup in modern Southeast Asia. They also shared their company's strategies and plans, and the latest trends in their respective industries, among other issues.

BYD outbids Tesla to power Indonesian Blue Bird taxis – report

Bluebird is committed to using 10 percent of electric vehicles by 2030, according to its latest annual report.

Indonesia’s Ringkas raises $3.5M in seed round co-led by East Ventures and Crestone Venture Capital

Ringkas, an Indonesia-based digital mortgage platform, announced Wednesday it has secured a US$3.5 million in seed round co-led by East Ventures and Crestone Venture Capital. Other investors that participated include 500 Global, Teja Ventures, Orvel Ventures, Hustle Fund, and others.

Singapore’s MPFunds secures $1.1M in Pre-Seed funding to scale and expand into wider APAC region

Singapore-based funded trader program MPFunds, has announced a successful pre-seed funding round amounting to SGD 1.5 million ($1.11 million) secured from a prominent Singaporean angel investor from the region’s software and information technology (IT) industry.

Anthill Ventures invites applications for Lumos Health program to support disruptive HealthTech startups in India

Anthill Ventures, an India-based venture capital firm and speed-scaling ecosystem, has on Thursday announced the launch of a new cohort for its Lumos Health program, which is designed for startups with disruptive solutions and health technologies.

Tourists can now use AlipayHK, Kakao Pay, Touch ‘n Go, Alipay China in Thailand

Ant Group, the Chinese operator of Alipay+, the global cross-border digital payments and marketing solution, has on Monday announced that a total of four mobile wallets are now accepted in Thailand. These include AlipayHK (Hong Kong SAR), Kakao Pay (South Korea), Touch ‘n Go eWallet (Malaysia) and Alipay (Chinese mainland), which has been accepted by Thai…

Stockbit and Fullerton Fund Management forge strategic partnership and acquire PT Ayers Asia Asset Management

Indonesia-based digital investing platform PT Stockbit Investa Bersama (Stockbit) and Singapore-headquartered investment firm Fullerton Fund Management Company Ltd (Fullerton), have entered into a strategic partnership to address the wealth management needs of Indonesian investors.

Singapore Deep-Tech Alliance announces revamped venture building program for SDTA24 cohort

Sustainability-focused deep-tech venture builder, Singapore Deep-Tech Alliance (SDTA) has on Monday announced the launch of its revamped venture building program for its third cohort at the annual Sustainable Innovation Asia 2023.

SoftBank launches in-house AI chat service

SoftBank Corp., a Japan-based telecom and IT operator, has on Monday announced it launched its own artificial intelligence (AI) Chat service for internal use. As of May 29, 2023, the generative AI service is available to all SoftBank employees, a workforce of approximately 20,000 people.