News

Switzerland-based venture capital firm QAI Ventures announced Wednesday that it has partnered with Enterprise Singapore to launch its venture capital (VC)-funded accelerator and IP-driven venture builder dedicated to QuantumAI startups and Advanced Computing.

VinFast Auto India, a subsidiary of the Vietnam-based electric vehicle (EV) brand VinFast, has signed a memorandum of understanding (MOU) with YES BANK, Indias sixth-largest private sector bank, to provide retail and inventory financing for its exclusive dealer network.

The Monetary Authority of Singapore (MAS) is seeking feedback on proposals to consolidate the listing review functions under the Singapore Exchange Regulation (SGX RegCo) with a view to streamline the listing process.

Global banking group HSBC announced Wednesday the launch of Innovation Banking in Singapore, a dedicated proposition to further deepen its support to the innovation and venture ecosystem in Singapore and across the region.

The competition, one of the projects under the Korea - ASEAN Digital Innovation Flagship Project (KADIF), funded by the ASEAN-Korea Cooperation Fund through the Government of Korea, seeks to advance the growth of the regional AI startup ecosystem and contribute to the achievement of the United Nations Sustainable Development Goals (SDGs).

Carro, Asia Pacific’s largest online automotive platform, has posted a strong FY2025, achieving record revenues of S$1.2 billion ($920 million) and a gross profit of S$149 million ($111 million).

IndustrialMind.ai, an artificial intelligence (AI) company founded by former Tesla manufacturing AI team, announced Thursday a $1.2 million pre-seed round.

Weixin Pay has signed a strategic cooperation agreement with National ITMX (NITMX), the operator of Thailand's national real-time payment system, PromptPay.

TikTok, the subsidiary of the China-based tech firm ByteDance, has signed a Memorandum of Understanding (MOU) with the Center of Digital Transformation under Vietnam's Ministry of Culture, Sports and Tourism to boost the country's digital ecosystem.

Microsoft, Enterprise Singapore and NUS Enterprise – the entrepreneurial heart of the National University of Singapore (NUS), have teamed up to offer up to 150 qualified artificial intelligence (AI) startups with more streamlined access to funding through the Startup SG Tech grant over the next three years.