News
TNGlobal Tracker: Startup Funding Snapshot for November 2024
In November, early-stage funding dominated at 70.5 percent of the total investments, while seed-stage funding contributed 29.5 percent, reflecting a focus on early-stage investments.
Singapore’s Omni HR raises $7.4M to fuel expansion
Singapore-based employee management platform, Omni HR, has on Monday announced it has recently closed $7.4 million in funding, bringing its total funding to date to $9.8 million since its founding in 2021 by former Goldman Sachs executive Brian Ip.
Vietnam’s Kamereo secures $7.8M Series B funding to accelerate growth
Kamereo International, which operates a business to business (B2B) food supply e-commerce platform in Vietnam, has raised $7.8 million in its Series B funding round.
Ant International joins Swift’s network interoperability reference implementation program to explore innovations in cross-border treasury management solutions
The program is a pre-pilot designed to improve payment transparency in cross-border payments, by exploring the business scenarios on cross-border end-to-end transactions tracking through banks, PSPs and tracking on e-wallet use cases.
MAS and ABS launch electronic deferred payment solutions in mid-2025
The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have on Thursday announced that two new payments solutions will be launched in mid-2025 to support the transition to e-payments for both corporate and retail cheque users.
Singapore’s Temasek establishes $7.5B wholly-owned private credit platform
Singapore's state investor Temasek has on Friday announced the formation of a wholly-owned private credit platform with initial funding of about S$10 billion ($7.47 billion).
ADB approves $14.8M grant to accelerate climate action
The Asian Development Bank (ADB) has approved a technical assistance (TA) grant of $14.8 million to accelerate climate action, foster innovation, and strengthen private sector development across its regional operations.
Singapore’s HB Global partners HIS to develop AI-powered agriculture and plantation initiatives
Singapore-based frozen food manufacturer HB Global Limited has partnered Malaysian property firm HIS Holdings Sdn. Bhd. to develop artificial intelligence (AI) technology agriculture and plantation initiatives in Pahang of Malaysia.
Malaysia’s Bintang Capital Partners invests in yoga and pilates firm The Flow Studio
Malaysia-based impact investment firm Bintang Capital Partners Berhad (Bintang) has announced its investment through BCP Asia Fund I L.P. in Project Studio Sdn Bhd (The Flow), a Malaysia-based pilates and yoga firm.
Japan’s NTT DATA acquires land for new data center in Malaysia
NTT Data, a Japan-based global technology services firm, is acquiring land for new data center in Malaysia.
