News

Gogoro partners Zomato, Kotak Mahindra Prime to accelerate electric vehicles adoption in India

Gogoro Inc., a Taiwan-based battery swapping firm, has on Tuesday announced a partnership with Zomato, the food ordering and delivery platform in India, and Kotak Mahindra Prime Limited, a subsidiary of Kotak Mahindra Bank Limited. The partnership is focused on accelerating the adoption of sustainable electric vehicles (EV) in India.

Thai insurtech Roojai raises $42M Series B funding led by HDI International

Roojai, a Thai-based online business to consumer (B2C) insurtech, has announced a $42 million Series B funding round led by HDI International, the international retail insurance division of the German Talanx Group.

Indonesia’s Social Bread officially launched after raising $400,000 seed funding led by East Ventures

Social Bread, an Indonesia-based digital marketing marketplace to support business owners, predominantly small and medium enterprises (SMEs), has been officially launched.

Xapo Bank becomes fully licensed bank to enable USDC deposits and withdrawals

Xapo Bank, a bitcoin custodian and licensed private bank based in Gibraltar, has collaborated with Circle, a global financial technology company helping money move at internet speed, to become the first licensed bank in the world to integrate USDC payment rails as an alternative to SWIFT.

Malaysia’s private equity and venture capital funding up 8.43 pct to $3.64B in 2022

Malaysia's private equity (PE) and venture capital (VC) funding rose 8.43 percent to MYR16.08 billion ($3.64 billion) in 2022 from MYR14.83 billion ($3.35 billion) a year ago, according to the Securities Commission Malaysia (SC)’s Annual Report 2022 released on Monday.

GDS, TNB sign supplemental agreement for powering data center campus in Malaysia

China-based data centers developer and operator GDS has signed a supplemental agreement with Malaysia-based utility firm Tenaga Nasional Berhad (TNB) for powering data center campus in Malaysia.

Vinfast expects to ship V8 electric SUVs to North America in early April

Vietnamese car maker Vinfast expects to export the VF 8 electric sport utility vehicles (SUVs) standard edition models to the United States and Canadian markets in April 2023.

Aussie startup Cauldron secures $7M to scale precision fermentation tech

Cauldron, the Australian company for precision fermentation facilities, has raised AUD$10.5 million ($6.98 million) from local and global investors to expand its existing pilot plant, and build a national production network and a world-beating team of precision fermentation experts.

Advisonomics partners Kakitangan.com to provide financial planning app in Malaysia

Malaysia-based financial planning firm Advisonomics has joined hands with cloud payroll and human resource software provider Kakitangan.com to work together in making the CashKu digital financial planning app accessible to more people.

Mystifly closes $8M in Pre Series B funding to expand operations in Singapore

Singapore-based travel technology company Mystifly, announced Friday it has closed $8 million in Pre Series B funding.The funding was from Cornerstone Venture Partners (CSVP), along with earlier investments from RSI Fund I. LLC, a subsidiary of Recruit Co. Ltd., Jenfi and Crusade Partners.