News
New Zealand commits $25M for ADB’s Energy Transition Mechanism
The government of New Zealand has committed $25 million to the Asian Development Bank’s (ADB) Energy Transition Mechanism Partnership Trust Fund (ETMPTF) to support the shift toward clean, sustainable energy in Southeast Asia.
VinFast expands aftersales network in France and Germany through agreement with Mobivia
VinFast Auto has announced the signing of a cooperation agreement with Mobivia, one of Europe's leading automotive repair and maintenance brands, expanding access to a comprehensive aftersales service network for VinFast customers in France and Germany.
India’s Aurionpro Solutions acquires Arya.ai at $16.5M
India-based technology firm Aurionpro Solutions Limited has announced the strategic acquisition of Mumbai-based banking and insurance focused platform-as-a-service (PaaS) startup Arya.ai at $16.5 million.
Oracle to invest more than $8B in cloud computing and AI in Japan
Oracle Corporation Japan has on Wednesday announced that it plans to invest more than $8 billion over the next ten years to meet the growing demand for cloud computing and artificial intelligence (AI) infrastructure in Japan.
Walmart-backed Ninjacart makes strategic investment in Philippine agritech firm Mayani
Walmart-backed Ninjacart, India's agri-startup that leverages technology and data to organize the global agriculture ecosystem, has joined forces with Philippine business to business (B2B) agritech innovator Mayani in a landmark deal.
Indonesian healthcare biotechnology firm PathGen raises funding from East Ventures, Royal Group Indonesia
PathGen Diagnostik Teknologi (PathGen), an Indonesia-based healthcare biotechnology startup, announced Friday that it has raised funding from venture capital firms East Ventures and Royal Group Indonesia.
MAS sets aside $26M to support upskilling Singapore’s financial services sector workforce in sustainable finance
The Monetary Authority of Singapore (MAS) has set aside SGUD 35 million ($25.7 million) in the Financial Sector Development Fund to support upskilling and reskilling, and develop specialists in sustainable finance over the next three years.
IFC, Amundi raise $436M to support green, resilient, inclusive recovery in emerging markets
The International Finance Corporation (IFC), a member of the World Bank Group, and Amundi, an European asset manager, have raised $436 million to support green, resilient, inclusive recovery in emerging markets
Malaysia aims to create 900 startups by 2026 via AI Sandbox program
Malaysia aims to create 900 startups by 2026 via its artificial intelligence (AI) sandbox program.
Malaysia’s MYStartup, NEXEA shortlist 25 tech startups for third accelerator program
MYStartup, a national project initiated by the Ministry of Science, Technology and Innovation (MOSTI) in Malaysia and developed by Cradle Fund, has in partnership with NEXEA, a venture capital and startup accelerator firm, kicked off its third accelerator program by shortlisting a total of 25 promising tech startups.
