News
GCash parent Mynt secures more than 20 cornerstone investors ahead of IPO
Mynt, the parent of GCash, has secured commitments from more than 20 global and Philippine cornerstone investors for its planned IPO, with final pricing expected October 1.
India’s Ultraviolette raises $85M to scale EV production and global expansion
Indian electric motorcycle maker Ultraviolette has raised $85 million led by Yali Capital and TDK Ventures to expand manufacturing, develop new EV platforms and grow internationally.
Twilio says 70 percent of APAC consumers abandon AI service interactions that lack context
Twilio research finds a gap between brands' confidence in AI customer memory and consumers' experience, with 70 percent of APAC consumers saying they often have to start over.
Zeekr Malaysia partners EON to expand Klang Valley retail and aftersales network
Zeekr Malaysia has signed a dealership agreement with EON, starting with a Shah Alam pop-up store in October and a Glenmarie retail and aftersales facility planned for Q1 2027.
Vietnam’s budget airline Vietjet signs Starlink deal for free in-flight Wi-Fi on 120 aircraft
Vietnamese budget airline Vietjet and SpaceX's Starlink will provide free high-speed Wi-Fi to passengers, starting with 120 aircraft.
Indonesian court reduces Gojek founder Nadiem Makarim’s sentence to nine years – report
Nadiem was sentenced to 10 years in prison in June after the court found him guilty of abusing his authority during the procurement of Google Chromebooks for schools in Indonesia that led to $125 million in state losses, Reuters reported.
Thailand’s Lakeshore Capital closes $305M Fund III for Mekong mid-market deals
Thailand-focused private equity firm Lakeshore Capital has closed its third flagship fund at a $305 million hard cap for growth and buyout investments across Thailand and the Greater Mekong region.
Alpha JWC raises stake in Indonesia’s Kopi Kenangan in ongoing funding round
Alpha JWC, an early backer of Indonesian coffee chain Kopi Kenangan, has increased its stake in the company as part of an ongoing funding round, alongside founder Edward Tirtanata and existing investors.
CUHK develops AI magnetic tracking for miniature medical robots
CUHK researchers have developed an AI-driven magnetic tracking system that localizes millimeter-scale wireless medical robots during magnetic actuation and enables closed-loop navigation.
Southeast Asia startup funding quadruples to $7.25B in H1/2026
A single $4.5 billion data-center financing by Singapore's DayOne drove Southeast Asian startup funding to $7.25 billion in the first half of 2026, more than quadruple a year earlier, according to a report of Kickstart Ventures.
