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Tracxn: K-Beauty startups raise $4.9M funding in first four months of 2025
K-Beauty startups have recorded $4.9 million funding in the first four months of 2025, signaling a recovery after a weak 2024, Tracxn said Wednesday.
May 9, 2025
Maybank sees Grab-Gojek potential merge faces regulator risk in Singapore
While there have been numerous media reports of a potential merger between Grab and GoTo, analyst has seen a real risk of the regulator objecting to a Grab-Gojek merger in Singapore.
May 9, 2025
South Korea opens applications for the 10th K-Startup Grand Challenge 2025
Now in its tenth year, the 2025 edition offers a combined pool of up to ₩950 million in total government support. This includes equity-free prize money for top teams, travel and living stipends for selected participants, and commercialization grants for the best-performing startups. KSGC has been redesigned as a more flexible, founder-first…
May 8, 2025
Malaysia’s Capital A shareholders approve capital reduction for PN17 exit plan
Malaysia-based Capital A Berhad announced Thursday that its shareholders has approved capital reduction for PN17 exit plan.
May 8, 2025
Thailand’s A2D Ventures enters India via cross-border partnership with We Founder Circle
A2D Ventures, a Thailand-based venture capital firm and startup investing platform, has entered India through a strategic partnership with We Founder Circle (WFC), an India-based angel investment syndicates.
May 8, 2025
Bolttech, Sumitomo team up to deliver technology-enabled embedded solutions to distribution partners in Asia
Bolttech, the Singapore-based insurtech, announced Thursday its partnership with Sumitomo Corporation, a Japan-based trading houses, to deliver technology-enabled embedded solutions to distribution partners in Asia.
May 8, 2025
News,Venture Capital,Singapore
Singapore’s Granite Asia announces $250M first anchor close of private credit strategy
Singapore's venture capital firm Granite Asia has secured over $250 million in anchor commitments for its private credit strategy, Libra Hybrid Capital Fund, ahead of the official fund launch.
May 8, 2025
News,Blockchain / Crypto,Singapore
Singapore’s Crypto.com sets up Washington, D.C. office
Singapore's crypto trading platform Crypto.com announced Wednesday that it will establish a North America regional office in Washington, D.C.
May 8, 2025
News,Electric Vehicles & Mobility,Asia
Foxtron to develop and supply EV model to Mitsubishi Motors for OEM
Foxtron Vehicle Technologies, a subsidiary of Taiwanese Hon Hai Technology Group (Foxconn), has inked a deal with Japanese automobile manufacturer Mitsubishi Motors Corporation to develop and supply an electric vehicle (EV) model to Mitsubishi Motors as an original equipment manufacturer (OEM) model.
May 8, 2025
News,SEA,Indonesia,Singapore,Mergers and Acquisitions
Singapore’s super app Grab looks to strike deal to acquire Indonesia’s GoTo in 2Q – report
Grab Co-Founder and CEO Anthony Tan declined to comment to TNGlobal's query on Grab-GoTo merger news when asked at GrabX event in Singapore last month.
May 8, 2025