News

ORIGIN Conference: Why is Southeast Asia Prime for the Next Decade?

The panellists discussed about the reasons why Southeast Asia is prime for the next decade and where they see opportunities within the region. They also discussed the challenges of investing and operating in the Southeast Asian region and had given some pieces of advice to investors and companies looking into this multi-cultural and diverse market.

Singapore’s TVM Capital Healthcare invests $10.82M in DEBx Medical

TVM Capital Healthcare, a global specialist healthcare private equity firm headquartered in Dubai and Singapore, has on Monday announced an investment, from its TVM Healthcare Afiyah Fund, of EUR 10 million ($10.82 million) into DEBx Medical, an Amsterdam-based medical devices company.

India’s PhonePe secures an additional $100M investment from General Atlantic

Indian financial technology firm PhonePe has on Monday announced that it has secured an additional $100 million investment from General Atlantic, a global growth equity firm, as part of its ongoing fundraise.

Animoca Brands subsidiary Forj receives ApeCoin DAO approval to build first Bored Ape Yacht Club ecosystem accelerator

Forj, an Animoca Brands subsidiary and a Web3 technology firm, has been granted approval from the ApeCoin DAO to launch Ape Accelerator, an incubation platform for the Bored Ape Yacht Club (BAYC) community.

Singapore’s Foundation Healthcare enters Hong Kong in partnership with FWD

Singapore-based healthcare group Foundation Healthcare Holdings Pte. Ltd. (FHH) has announced that it has entered the Hong Kong market with the implementation of Smarter Health Pte. Ltd. (SH)’s digital pre-authorization platform, launched in partnership with FWD Hong Kong.

SC takes enforcement action against Huobi Global for illegally operating digital asset exchange in Malaysia

Malaysian regulator the Securities Commission Malaysia (SC) has taken action against Huobi Global Limited, and its Chief Executive Officer Leon Li for operating a digital asset exchange (DAX) in Malaysia without registration.

Vietnam’s VNGGames sets up new offices in Taipei

VNG Games, the gaming publishing unit of Vietnamese tech giant VNG Corporation, has continued its international expansion with its new offices in Taipei with thirty-five employees. Taipei is the next city for VNGGames to establish a publishing presence after Bangkok, Kuala Lumpur, Jakarta, Shanghai, and Beijing.

Vietnamese edtech firm EQuest raises $120M funding from KKR’s Global Impact Fund

Vietnamese edtech firm EQuest Education Group has announced the successful raising of $120 million through a combination of debt from creditor, and equity from its existing investor KKR’s Global Impact Fund.

India’s Course5 Intelligence raises $55M funding led by 360 ONE Asset

India-based analytics and artificial intelligence (AI) solutions company Course5 Intelligence has on Thursday announced today that it is raising a round of funding of $55 million. 360 ONE Asset has led the round by investing $28 million in Course5.