News

Infobip and Data Cohorts collaborate to transform customer experience within Malaysia life insurance market

Global cloud communications company Infobip has inked a partnership with Data Cohorts, specialising in Customer Communications Management and Business Process Outsourcing, to offer the financial services and insurance industries a unified communications platform to enhance customer service experience through digital solutions.

Airasia Super App launches e-hailing service in Thailand

The Airasia Super App, which was officially launched in Thailand earlier in February announced Tuesday the start of operations for its e-hailing service, Airasia Ride in Bangkok. Thailand becomes the second country for Airasia Ride’s ASEAN expansion, and will offer taxi rides as part of its first phase of entry into the market.

Sooho.io partners with Lambda256 to unify South Korea’s crypto infrastructure

The bridge, along with a decentralized exchange (DEX), will both be developed by Sooho.io on top of Lambda256’s mainnet, called The Balance. The Balance was launched for a number of partners to develop various types of decentralized apps (dApps) to build the ecosystem, involving projects such as IPFS, play-to-earn, oracles, DEXs, NFTs, wallets, and…

Vingroup collaborates with Intel, signs agreement to develop advanced technologies

Vingroup announced on Tuesday that it has signed a Memorandum of Understanding with Intel to create a wide range of advanced computing systems including 5G enabled smart city and smart building solutions, smart manufacturing processes, cloud services and AI as well as ADAS based on Mobileye technology.

Singapore skyline SGX SPAC

MAS partners the industry to pilot use cases in digital assets

The Monetary Authority of Singapore (MAS) announced Tuesday the commencement of Project Guardian, a collaborative initiative with the financial industry that seeks to explore the economic potential and value-adding use cases of asset tokenisation.

India’s SUGAR Cosmetics closes $50M Series D funding led by L Catterton

SUGAR Cosmetics (SUGAR), one of India's largest omnichannel beauty companies and a cult favorite amongst Gen Z and Millennial consumers, announced Monday the close of its $50 million Series D fundraise led by the Asia fund of L Catterton, the largest global consumer-focused private equity firm.

GoTo’s 1Q22 gross revenue grows 53 percent to $357.38m

PT GoTo Gojek Tokopedia Tbk (GoTo Group), the largest digital ecosystem in Indonesia, announced Monday that its gross revenue for the first quarter of 2022 (1Q22) increased by 53 percent year on year to Rp5.2 trillion ($357.38 million), representing an improvement in take rate from 3.5 percent to 3.7 percent due to better monetization in e-commerce and…

Amgen and NSG Biolabs announce golden ticket to boost Singapore’s Biotech Ecosystem

As part of the sponsorship, Amgen will support one "Golden Ticket" award each year for three years, providing winners with one year of free residency in NSG Biolabs’ fully equipped turnkey BSL-2 laboratory as well as additional facility benefits and connections to Amgen's scientific and business leaders.

Singapore’s Privyr raises $6M Series A funding led by MassMutual Ventures and Vulcan Capital

Privyr, a Singapore-based startup that helps consumer-facing salespeople and businesses convert leads right from their phones, said Tuesday it has raised $6 million in Series A funding. The round was led by MassMutual Ventures and Vulcan Capital, with participation from Wavemaker Partners, bestselling author Nir Eyal, and former Facebook executive Gwendolyn…

Indian data insights start-up Synaptic raises $20M Series B funding from Valor Equity Partners

Synaptic, an India-based alternative data insights start-up, announced Tuesday the successful closure of $20 million in Series B funding round led by Valor Equity Partners. With the funding, Synaptic will continue to invest in product innovations, double down on its data science capabilities, partnerships with data vendors, and expand its go-to-market teams…