News
Singaporean fintech firm Seedflex raises seed funding from 500 Global
Seedflex Technologies (Seedflex), a Singapore-based fintech company, has raised seed funding from 500 Global to launch its proprietary shariah-compliant digital financing solution “Pay-As-You-Sell Advance™” (PAYS Advance) across Southeast Asia, starting first in Malaysia.
FedEx : Southeast Asia emerges as top growth market for APAC region
Southeast Asia has emerged as top growth market for Asia Pacific (APAC) region, FedEx Express (FedEx) said Wednesday. Its survey reviewed that 68 percent of respondents see the greatest potential for growth in Southeast Asian countries such as Thailand, Vietnam, and Indonesia.
Nutanix study finds AI, security, sustainability are driving need for IT infrastructure modernization in healthcare
Artificial intelligence (AI), security, and sustainability are driving the need for information technology (IT) infrastructure modernization in healthcare, Nutanix said Thursday.
Indonesia’s Jago raises $6M in Series A round led by Intudo Ventures, BEENEXT Accelerate
Jago, an Indonesia-based mobile café company, has on Wednesday announced the completion of a $6 million Series A round of financing.The funding is led by Intudo Ventures and BEENEXT Accelerate, with participation from ORZON Ventures and D Global Ventures.
Apple Developer Academy expands to Bali
American technology firm Apple announced Tuesday it will open Indonesia’s fourth Apple Developer Academy in Bali, expanding on its investment to increase opportunities for developers, students, and entrepreneurs looking to embark on careers in the region’s growing iOS app economy.
South Korea’s Upstage raises $72M Series B funding to expand global reach
Upstage, a South Korea-based artificial intelligence (AI) company specializing in large language models (LLMs) and Document AI, has announced that it has raised $72 million in a Series B. With this latest investment, Upstage has now raised over $100 million since its founding in October 2020.
Coastal Sustainability Alliance invests $7.33M to advance maritime biofuel ecosystem in Singapore
The Coastal Sustainability Alliance (CSA), an industry collaborative effort led by Kuok Maritime Group (KMG), has on Tuesday announced its plans to advance the maritime biofuel ecosystem in Singapore with up to SGD 10 million ($7.33 million) in investments.
Lenovo partners NVIDIA to unveil hybrid AI solutions
Chinese multinational technology Lenovo has announced new hybrid artificial intelligence (AI) solutions via collaboration with American technology firm NVIDIA.
Tencent-backed Primer on track to hit 200 percent year-on-year revenue growth
Tencent-backed Primer, the unified infrastructure for global payments and commerce, has on Tuesday announced it's on track for 200 percent year-on-year revenue growth, as demand for unified payments continues to grow worldwide.
India’s Medulance secures $3M in Series A funding led by Alkemi Growth Capital
Medulance, a player in India's emergency healthcare services sector, has secured $3 million in Series A funding, led by Alkemi Growth Capital. Medulance said in a statement on Tuesday the funding round also saw participation from investors such as Dexter Capital, Aman Gupta, and Namita Thapar.
