News

HeveaConnect Pte Ltd (HC), a Singapore-based, agri-commodities platform company, announced Monday that it has completed its series A round led by Provident Capital Partners (Provident), DeClout Ventures (DeClout) and HC management. Proceeds from the investment will be used for working capital, technology development and continued business development in…

Singapore-based human resource (HR) automation platform Omni HR announced Monday it has recently closed $2.4 million in an oversubscribed pre-seed funding round co-led by Alpha JWC Ventures and Picus Capital. The round also saw participation from FEBE Ventures, Basis Set Ventures, Ratio Ventures, and Frances Kang at Horizons Ventures.

UpGrad, an India-based integrated higher EdTech firm has announced a merger with Harappa Education at a value of $38 million, to establish leadership in enterprise learning in India. Harappa will clock about $10 million in revenue this year.

DataStax, the real-time data company, announced a partnership with Nanyang Polytechnic (NYP) on Friday to help develop the next generation of big data talent and support Singapore's Smart Nation and Digital First initiatives.

Cake DeFi, Asia’s fastest growing cryptofinance platform dedicated to providing access to decentralized financial services, has announced on Friday a market-leading partnership with Razer Silver, a loyalty rewards program for gamers, backed by Razer Inc, the world’s leading lifestyle brand for gamers.

The New York Stock Exchange (NYSE) and Singapore Exchange (SGX) announced Thursday the signing of a new agreement to collaborate on the dual listing of companies on both exchanges and work together in a number of other key areas focused on the capital markets. This collaboration represents an important initiative for both markets.

Bluejay Finance, a capital-efficient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies, said Wednesday it has raised $2.9 million funding from Zee Prime Capital, C2 Ventures, Stake Capital Group, RNR Capital, Daedalus Angels, Moonlanding Ventures, Oval Ventures, and more, with operator-angels including DeFi projects…

New World Development Company Limited (NWD) announced Thursday that the group has initiated the New World Green Transport Alliance (NWGTA) and signed a memorandum of understanding (MOU) with Shell Hong Kong Limited (Shell) and Sime Darby Motors Group, who joined hands to commit HK$50 million ($6.37 million) to the alliance over a three-to-five-year period.

The Institute of Operations Research & Analytics (IORA) at the National University of Singapore and Pickupp, an on-demand delivery platform, have recently signed a Research Collaboration Agreement for a two-year project. The project aims to set a new benchmark in logistic and fulfilment efficiency.

MetaVerse Green Exchange (“MVGX”), a digital green exchange licensed and regulated by the Monetary Authority of Singapore (“MAS”), announced on Thursday the appointment of former Bank of England Senior Advisor Michael Sheren as President and Chief Strategy Officer (CSO) as the firm strengthens its end-to-end suite of Carbon as a Service (CaaS) products to…