News

UAE’s Param Labs secures strategic investment from Animoca Brands, strengthening partnership to fuel Web3 ecosystem development

Param Labs, a gaming infrastructure startup based in the United Arab Emirates, has secured a strategic investment from Animoca Brands, a Hong Kong-based company advancing digital property rights for gaming and the open metaverse.

Malaysia’s Ucrest partners Mediprima Healthcare to digitalize medical services

Malaysian cloud hospital and mobile health services provider UCrest Berhad has partnered clinics managing group Mediprima Healthcare (M) Sdn Bhd to digitalize medical services.

Malaysia’s Carsome appoints Eric Chan as Group President and COO

Carsome Group Inc., an integrated car e-commerce platform in Southeast Asia, has on Thursday revealed strategic leadership transitions designed to fortify further the company’s commitment to growth and operational efficiency.

IFC provides $200M loan to boost sustainable finance in Indonesia

Through a $200 million loan to PT Bank Shinhan Indonesia (BSI) — a corporate and retail finance bank in the country —IFC aims to boost sustainable financing while supporting the nation's climate goals, including a first of its kind blue finance component.

SPORTPASS partners Queens Park Rangers to deliver immersive gaming to football fans

SPORTPASS, a subsidiary of Hong Kong-based gaming firm Animoca Brands, has on Wednesday announced a collaboration with Queens Park Rangers Football Club (QPR), marking the beginning of a new era in fan interaction and entertainment by bringing together the passion of football fandom with the innovative features of SPORTPASS.

India’s Perfios raises $80M funding from Teachers’ Venture Growth

Perfios, an India-based business to business (B28) software as a service (SaaS) fintech company, announced Wednesday that Teachers' Venture Growth (TVG), the late-stage venture and growth investment arm of Ontario Teachers' Pension Plan Board (Ontario Teachers), will invest $80 million into the company.

Dubai’s Kaskade Finance closes successful pre-seed round

Kaskade finance, a gamified incentivization layer protocol based in Dubai, has just announced the closure of its pre-seed funding round from over 40 investors.

Malaysia Airlines partners Google to boost tourism driven by digitalization

Malaysia Airlines has on Wednesday unveiled an innovative collaboration with Google, designed to accelerate Malaysia's ascent as a top-tier tourism destination while driving digital evolution within the aviation sector.

VAST Data launches regional headquarters in Singapore

VAST Data, the data infrastructure company for the artificial intelligence (AI) era, has launched its regional headquarters in Singapore to service the Asia Pacific and Japan (APJ) region.

First Move makes ten strategic investments in first year

First Move, an early stage fund, created by entrepreneurs for entrepreneurs, is making moves in the Malaysian startup scene by backing its first ten ventures in the first year.