News
GXBank and Grab Malaysia announce eight local startups shortlisted to drive innovation for Malaysia’s fintech ecosystem
GXBank and Grab Malaysia have recently announced the inaugural top eight fintech startups shortlisted to be part of the six-month long TeXnovasi Accelerator Program.
Singapore’s BetterX secures $1.72M in Pre-Series A funding to expand into Asia, the Middle East, and the US
BetterX, a Singapore-based digital asset-focused business to business (B2B) platform, has successfully closed a S$2 million ($1.72 milion) pre-Series A funding round.
Bolttech appoints Chief Investment Officer at Dragon Fund Ridhi Chaudhary to Board of Directors
Singapore-based insurtech firm bolttech has appointed Ridhi Chaudhary, Chief Investment Officer of Dragon Fund by Liquidity and MUFG, to its Board as a Non-Executive Director.
Google Cloud and BCG launch AI Innovation Center in Indonesia
Google Cloud and Boston Consulting Group (BCG) have on Monday announced the launch of the artificial intelligence (AI) Innovation Center for Indonesia, a joint initiative to address key challenges in Indonesia's AI adoption and empower enterprises to innovate at scale.
MATRADE partners Nazsoft Tech to launch MADANI Digital Trade to boost Malaysian exports
The Malaysia External Trade Development Corporation (MATRADE), in partnership with software developer Nazsoft Tech Sdn Bhd, and with the support of the Royal Malaysia Customs Department (RMCD), have launched MADANI Digital Trade (MDT), an integrated virtual showcase designed to strengthen Malaysian exporters’ access to global markets.
Khazanah to acquire INCJ’s stake in Malaysia’s telecommunications infrastructure firm EDOTCO
Malaysia's sovereign wealth fund Khazanah Nasional Berhad and Innovation Network Corporation of Japan (INCJ) have announced that Khazanah will acquire INCJ’s stake in telecommunications infrastructure provider EDOTCO Group.
HKUST partners SIIC to launch Hong Kong biotechnology fund
The Hong Kong University of Science and Technology (HKUST) and Shanghai Industrial Investment (Holdings) Co., Ltd. (SIIC) have announced the establishment of the Hong Kong Biotechnology Fund (HKBF) to foster innovation in the life sciences sector.
Singapore’s PvX Partners raises $3.8M in seed funding co-led by Play Ventures and General Catalyst
PvX Partners, the Singapore-based financing platform designed for scaling consumer apps, has on Tuesday announced $3.8 million in seed funding co-led by Play Ventures and General Catalyst.
Tencent Cloud partners TrueWatch to launch Indonesia’s first multi-cloud SaaS observability platform
Tencent Cloud, the cloud business of global technology company Tencent, has on Monday announced its strategic partnership with TrueWatch, a Singapore-based unified monitoring platform provider, to launch Indonesia’s first multi-cloud software as a service (SaaS) observability platform.
Catcha Digital acquires 60 percent stake in Framemotion Studio for $8.4M
Malaysia-based digital media firm Catcha Digital Berhad has proposed to acquire 60 percent stake in digital media advertising solutions provider Framemotion Studio Sdn Bhd for MYR 37.32 million ($8.4 million).
