News
Berjaya Corp partners MNC Group to explore E-Money business in Malaysia
Malaysia-listed conglomerate Berjaya Corporation Berhad (BCorp) and Indonesian conglomerate MNC Group arm PT MNC Kapital Indonesia TBK (BCAP) have signed a preliminary nonbinding term sheet to enable both parƟes to explore e-money business in Malaysia.
Singapore’s Alchemy Foodtech raises oversubscribed $3M in extended bridge round
Alchemy Foodtech, a Singapore-based food innovation company, has raised $3million from investors including public-listed Thai President Foods, Pine Venture Partners and Selera Kapital, an investment arm of Sour Sally Group.
Singlife with Aviva launches accelerator for Insurtech startups
Singapore homegrown financial services company Singlife with Aviva has announced the launch of Singlife Connect, its accelerator programme to support and spur the growth of promising insurtech startups.
Indonesia’s Fita receives $1.9M strategic investment from INDICO
Fita, a preventive health startup based in Indonesia, has on Wednesday announced a strategic investment of $1.9 million from INDICO, a Telkomsel's subsidiary organizing businesses in the digital sector.The fresh investment will be allocated for key product development, further enhancing Fita's health ecosystem that focuses on users but also on completing…
Indonesia’s Suryanesia raises $2M funding led by Intudo Ventures
Suryanesia, an Indonesian clean energy company, has on Thursday announced the completion of a $2 million seed round of financing led by Intudo Ventures.The round also saw the participation from a number of angel investors that includes executives from leading management consulting companies, private equity firms and sovereign wealth funds.
Doctor Anywhere acquires Singapore-listed Asian Healthcare Specialists, secures additional $38.8M funding
Doctor Anywhere, a regional tech-led healthcare company headquartered in Singapore, announced Wednesday that it has acquired Catalist-listed Asian Healthcare Specialists, an integrated healthcare provider in Singapore. The firm also announced a $38.8 million Series C1 financing round, an up round led by Novo Holdings, a Denmark-based international life…
Malaysia’s Sersol ventures into electric scooters business
Malaysia-listed coatings business firm Sersol is venturing into selling and producing electric scooters. Its JV firms have partnered China's Chongqing Beidou Jiean Neo-Energy Technology to sell, distribute, assemble and produce electric scooters and related accessories and infrastructures which will include the charging of the electrics scooters…
UK’s activpayroll acquires Malaysia-based payroll outsourcing and employee mobility specialist Propay Partners
United Kingdom-based human resources tech firm activpayroll has acquired Malaysia-based payroll outsourcing and employee mobility specialist Propay Partners to accelerate its growth in Asia Pacific.
Delhivery to acquire Algorhythm Tech to strengthen integrated supply chain solutions offering
Delhivery, India’s largest fully-integrated logistics service provider, said Tuesday it will acquire the Pune-based Algorhythm Tech Pvt. Ltd. that delivers intelligent planning and optimization solutions for enterprise supply chain operations, to strengthen its integrated supply chain solutions offering.
India’s Zoomcar appoints Delly Nugraha as Country Head for Indonesia
Zoomcar, the India-based marketplace for car sharing, has on Wednesday announced the appointment of Delly Nugraha as its Country Head for Indonesia. Indonesia is expected to be the second largest market for Zoomcar after India and Delly in his new role will be responsible for all aspects of growth, operations, and to build the company’s best achievement in…
