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OneFootball adopts Mocaverse’s Realm Network to offer Football ID to over 200 million football fans

Mocaverse, the marquee consumer network seeded by Animoca Brands, announced Friday a strategic partnership with OneFootball, a global football platform with more than 200 million fans, to leverage Mocaverse’s Realm Network interoperable SDK to launch Football ID, the universal football decentralized identifier (DID) and reputation layer to onboard football…

India’s OrbitShift raises $7M in seed funding led by Peak XV’s Surge, Stellaris Venture Partners

OrbitShift, an India-based artificial intelligence (AI)-native sales operating system that accelerates enterprise sales motions, has announced $7 million in seed funding led by Peak XV’s Surge and Stellaris Venture Partners.

SEA tech startups funding plunges 65 percent on year in first half

Companies in the Southeast Asia (SEA) tech space has raised $1.6 billion in the first half of 2024, a substantial 65 percent drop compared to the $4.5 billion raised in the first half of 2023, and 37 percent lower than $2.5 billion raised in the second half of 2023, Tracxn says Friday.

Gleneagles Hospital Kengeri partners Medulance to launch South India’s 5G-enabled ambulance service

Gleneagles BGS Hospital, Kengeri has announced the launch of South India's 5G-enabled ambulance service in partnership with Indian GPS-based technology platform Medulance.

Singtel, Deutsche Telekom, e&, SK Telecom, SoftBank Corp team up for developing multilingual Telco LLM

Singapore Telecommunications Limited (Singtel), Deutsche Telekom, e&, SK Telecom, SoftBank Corp., the founding parties of the Global Telco AI Alliance (GTAA), have signed a joint venture (JV) agreement focused on co-developing and launching a multilingual Telco Large Language Models (LLM).

Malaysia’s HOMA2u raises capital from Asia Fund X for regional expansion

HOMA Sdn Bhd (HOMA2u), a Malaysian marketplace for overstocked and new renovation and interior design materials, announced Friday that it has secured an additional $625,000 from Asia Fund X in its pre-series A funding round.

China’s Luckin Coffee to enter Malaysian market with local partner – report

The entry comes at a time when Malaysians are seeing a rising number of local and international coffee chain brands and outlets in the country. Both local and international coffee brands are competing for a larger market share as US brand Starbucks faces ongoing boycott amid the Israel-Gaza war. In China, Luckin Coffee's home market, the entry also comes…

Charge+ partners Porsche to launch 1,700km electric vehicle charging network in Vietnam

Charge+, a Singapore-based electric vehicle (EV) charging solutions provider, has partnered German automobile manufacturer Porsche to launch a 1,700 kilometers (km) EV Charging Network in Vietnam that connects Vietnam’s two largest cities Hanoi and Ho Chi Minh City.

Carro gets $56M multi-currency loan from HSBC to fund fintech arm Genie Financial Services

Singapore-based online used car marketplace Carro has signed a SGD 75 million ($55.52 million) multi-currency loan with HSBC to fund its fintech arm, Genie Financial Services.

Norfund grants $30M convertible loan to Vietnam’s SeABank

Norfund, the Norwegian Investment Fund for Developing Countries, has decided to invest $30 million to Vietnam-based Southeast Asia Commercial Joint Stock Bank (SeABank) in form of a convertible loan.