News
Finture’s YUP secures $30M in Series B funding, aims for US IPO in 3-5 years
YUP aims to serve 50 million users over the next 8 to 10 years, positioning itself as Southeast Asia's leading digital banking service platform with plans for a US IPO in the next 3 to 5 years.
India’s Playbook Partners launches $250M growth capital fund backed by Singapore, Middle East, Europe investors to accelerate Digital India
In response to strong institutional investor interest, the fund is using the green shoe option and can grow up to $250 million.
Taiwan’s ELNA PCB opens $230M manufacturing plant in Penang
ELNA PCB(M) SDN. BHD., a Malaysian printed circuit board (PCBs) subsidiary of Global Brands Manufacture under the Taiwan-based Passive System Alliance (PSA) Group, has on Tuesday announced the opening of its second plant in Penang, Malaysia, with an investment exceeding MYR 1 billion ($230 million).
Singapore’s Genesis Alternative Ventures raises $125M for second venture debt fund
Singapore-based venture capital firm Genesis Alternative Ventures has raised total commitments of $125 million for its second Southeast Asia-focused venture debt fund.
Japan’s Panasonic Energy to commence mass production for higher-capacity EV batteries
Panasonic Energy Co., Ltd. (Panasonic Energy), a Panasonic Group company, has on Monday announced that it has finalized preparations for mass production of its high-capacity electric-vehicle (EV) batteries,
Malaysia’s ZUS Coffee raises $57.35M from KV Asia Capital, KWAP and Kapal Api for global expansion
Malaysia's tech-enabled coffee chain ZUS Coffee has secured investment from an investor consortium comprising private equity firm KV Asia Capital, pension fund Kumpulan Wang Persaraan (Diperbadankan) (KWAP), and Indonesian-based fast-moving consumer goods (FMCG) player Kapal Api Group.
Singapore’s SDAX closes $50M Series B2 funding round
SDAX, Singapore’s Digital Asset Exchange, has announced on Tuesday the closing of its $50 million Series B2 funding round led by the Oman-based Muscat Precious Metals Refining Company LLC (MPMR).
Animoca Brands Japan partners with TOKYO STUPID GAMES to support Web3 expansion and RWAs
Animoca Brands Japan, a strategic subsidiary of Animoca Brands, has announced it has entered into a partnership with TOKYO STUPID GAMES, a gaming platform for real-world assets (RWAs) for Japanese brands and IPs.
MyDIGITAL, Bursa Malaysia team up to drive ESG innovations through digital transformation
MyDIGITAL Corporation and Bursa Malaysia Berhad have entered into a memorandum of collaboration (MoC) to empower Public Listed Companies (PLCs) in Malaysia achieve their environmental, social, and governance (ESG) goals through the adoption of digital technologies.
Singapore dating agencies Lunch Actually and Paktor merge
Two Singapore-based dating services Lunch Actually and Paktor have merged to enhance dating experiences.
