News

VinFast Founder launches global EV charging stations company V-Green

Pham Nhat Vuong, Chairman of Vingroup Corporation and Founder of VinFast, has announced the establishment of V-Green Global Charging Station Development Company (V-Green).

Penjana Kapital and Proficeo’s Soonicorn Collective selects 18 pioneer members in Malaysia

Proficeo Consultants Sdn Bhd (Proficeo) in partnership with Penjana Kapital Sdn Bhd (Penjana), has on Monday announced the selection of the pioneer group of 18 Founders for the Soonicorn Collective.

Malaysia’s iMotorbike launches new showroom; partners STDC to empower the state youth

Malaysia-based motorcycle platform for buying and selling pre-owned motorcycles iMotorbike has launches three-storey grand Glenmarie showroom and forged partnership with Selangor Technical Skills Development Centre (STDC) to empower the state youth.

Vietnam’s VinFast expands to African market via partnership with Ghana’s Jospong

Vietnamese automaker VinFast Auto has signed a distribution agreement with Jospong Group of Companies, Ghana's leading multi-industry conglomerate, in Ghana and West African market. This deal marks the Vietnamese electric vehicle pioneer's initial foray into the African market, solidifying its position as a frontrunner in the global shift towards…

EPF commits $53M to catalyzes Malaysian mid-to-growth stage firms

Malaysian pension fund Employees Provident Fund (EPF) has on Monday announced a commitment of up to MYR 250 million ($53 million) aimed at catalyzing mid-to-growth stage companies in Malaysia through its partnership with Gobi Partners, a pan-Asian venture capital firm with an extensive investing track record.

Chinese EV maker XPeng appoints Bermaz Auto Bhd as official distributor in Malaysia

XPeng's move to enter the Malaysian market also came as competition in China's EV market intensified. EV companies race to cut prices, with market leader BYD spearheading a deeper round of price reductions.

Malaysia’s MYStartup selects 26 startups for pre-accelerator cohort 3 program

Malaysian government held MYStartup, in partnership with startup accelerator Growth Charger, has selected 26 high potential startups for the MYStartup Pre-Accelerator Cohort 3 Program.

Animoca Brands partners Blockpass for secure and regulatory compliant Web3

Blockpass, the United Kingdom-based provider of compliant identity verification solutions for the Web3 space, and Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse and a long-standing Blockpass customer, have on Friday announced a strategic partnership to build a safer and more compliant Web3…

Singapore’s 9 Lives Interactive secures $3M in funding round led by Mechanism Capital

9 Lives Interactive, an independent game studio based in Singapore, has on Thursday announced a successful $3 million funding round led by Mechanism Capital. The round also saw participation from Delphi Digital, Sfermion, 3Commas Capital, Momentum 6, Kosmos Ventures, Devmons GG and CSP DAO.

India’s HiLabs raises $39M in Series B financing co-led by Eight Roads Ventures and Denali Growth Partners

HiLabs, an India-based provider of artificial intelligence (AI)-powered solutions to manage dirty data, has on Thursday announced a $39 million Series B financing. The round was led by Denali Growth Partners and Eight Roads Ventures, with participation from F-Prime Capital.