News
US’s SentinelOne acquires India’s PingSafe to expand cloud security capabilities
SentinelOne, a United States-based leader in artificial intelligence (AI)-powered security, has recently announced that it has agreed to acquire PingSafe, an India-based unified cloud security platform.
Singapore’s Silicon Box valuation reaches over $1B after $200M Series B funding raise
Singapore-based semiconductor packaging company Silicon Box has announced a successful $200 million Series B fundraising round, bringing the company to over a one-billion-dollar valuation. All three founders were investors in the round.
Asia Partners’ Southeast Asia tech fund hits final close at $474M
Singapore-based Asia Partners Fund Management announced Tuesday that it has closed its Southeast Asia second tech fund at $474 million. Including the $384 million close of its debut fund in 2021, Asia Partners now has $1 billion in assets under management.
Open Campus Accelerator to deploy a $10M fund to onboard 100 education start-ups into the Open Campus ecosystem
Open Campus has on Monday announced that the Open Campus Accelerator (OC-X) will deploy a $10 million fund to drive the onboarding of a further 100 education start-ups into the Open Campus Alliance and Open Campus ID, enriching the variety and scope of the Open Campus ecosystem's educational offerings and learner base.
Indonesia’s KOMUNAL raises $5.5M in Series A+ funding round led by Sumitomo Corporation Equity Asia
KOMUNAL, an Indonesian fintech firm focused on driving financial inclusion through the digitalization of rural banks (BPR), has closed the year 2023 by raising $5.5 million in a Series A+ funding round led by Sumitomo Corporation Equity Asia.The funding round also saw participation from notableventure capital firms including Jafco Asia, Skystar Capital,…
AEON Bank gets nod to commence Islamic digital bank business in Malaysia
AEON Credit Service (M) Berhad (AEON Credit) has on Monday announced that its associated company - AEON Bank (M) Berhad (formerly known as ACS Digital Berhad) (AEON Bank) has obtained approval from the Bank Negara Malaysia (BNM) and the Minister of Finance to commence its digital banking operations in Malaysia.
Boost-RHB Digital Bank Consortium gets approval to commence operations in Malaysia
Boost, a regional fintech leader, and its consortium partner, RHB Banking Group (RHB), have received official approval from Bank Negara Malaysia (BNM) and the Ministry of Finance (MOF) to commence operations as a digital bank, with effect from January 15, 2024.
Crypto firm Metalpha invests in digital solutions provider NextGen Digital Venture
Metalpha Technology Holding Limited (Metalpha), a global crypto-based wealth management company, has invested in NextGen Digital Venture Limited (NextGen), strengthening the existing business partnership that provides institutional investors compliant investment channels for exposure to digital assets.
AirAsia Aviation Group strengthens leadership team with two executive appointments
AirAsia Aviation Group has announced two key leadership appointments - Chester Voo as Deputy Group Chief Executive Officer (Airline Operations) and Farouk Kamal as Deputy Group Chief Executive Officer (Corporate).
