News

Singtel has on Tuesday announced it will be launching its GPU-as-a-Service (GPUaaS) in Singapore and Southeast Asia in the third quarter of this year, providing enterprises with access to NVIDIA’s artificial intelligence (AI) computing power to drive greater efficiencies to accelerate growth and innovation.

Jumbotail, an India-based business to business (B2B) marketplace and new retail platform for food and grocery, has raised INR 151 crore ($18.2 miilion) equity capital in Series C3 equity funding round led by Artal Asia Pte. Ltd. (Artal).

Accredify, a Singapore-based verifiable technology solutions provider, has on Tuesday announced that it has secured a strategic investment from Okta Ventures as part of its Series A extension.

GrabAds, the advertising arm of Southeast Asian superapp Grab, has on Tuesday announced that Marketing Manager is now available on mobile to empower micro, small and medium-sized enterprises (MSMEs) in Southeast Asia.

EMURGO, a Singapore blockchain technology company that provides products and services to drive the adoption of the Cardano blockchain’s Web3 ecosystem, has on Monday announced a strategic investment in NMKR, a Cardano-based non-fungible token (NFT) and tokenization service provider.

NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), has on Monday launched SGD 20 million ($7.48 million) fund to grow Singapore’s deep tech innovation and venture ecosystem.

Talent Corporation Malaysia Berhad (TalentCorp), an agency mandated by Malaysian government to drive Malaysia’s talent strategy, has allocated MYR 30 million ($6.36 million) for internship matching grant for Malaysian small and medium-sized enterprises (SMEs) and start-ups.

Huawei, a China-based information and communication technology (ICT) provider, and Singapore’s EV-Electric (EVe) Charging Pte Ltd, a wholly owned subsidiary of Singapore Land Transport Authority (LTA), have inked a memorandum of understanding (MoU) to facilitate collaboration in several key areas to meet Singapore’s growing Electric Vehicle (EV) charging…

Singapore insurer Singapore Life Holdings Pte Ltd (Singlife) announced Monday that it has become a fully owned subsidiary of Japan-based Sumitomo Life Insurance Company (Sumitomo Life).

The survey findings also show that women still make up a minority of FinTech portfolios, with 63 percent of the lending-focused FinTech firms reporting that women-owned small and medium sized enterprises (SMEs) make up less than a quarter of their portfolio.