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Indonesia’s GoTo Group partners Tencent for cloud infrastructure & digital services
As part of the five year partnership, GoTo will leverage Tencent Cloud’s technology and Platform as a Service (PaaS) services to support its comprehensive ecosystem.
Ant-backed TNG Digital eyes Malaysian IPO in next 2-3 years – report
TNG Digital could potentially fetch the valuation of a unicorn (with a valuation of $1 bilion or more) before the potential IPO, the sources added.
Citi: family offices in Asia Pacific are investing more in public equity and fixed income; bullish on private equity
Family Offices in Asia Pacific are investing more in public equity and fixed income, and are bullish on private equity, Citi Private Bank Survey showed Wednesday.
Temasek-backed ABC Impact leads Aye Finance $30M Series G funding
Indian fintech firm Aye Finance has entered into definitive agreements for INR 250 crores ($30 million) in Series G funding, led by Singapore’s ABC Impact, the leading Pan-Asia impact investor backed by Temasek and Temasek Trust.
Indonesia’s eFishery to expand Indian market after positive first year achievements
EFishery, an Indonesian aquaculture technology company, intends to continue expanding the Indian market by targeting other strategic areas in India, especially South and East India, after positive first year achievements.
Mox Capital announces strategic support for rapid-scaling startups across Vietnam and Southeast Asia
Mox Capital, venture capital firm based in the United States, has announced its strategic support for a vast array and variety of regional high-potential startups across Vietnam and Southeast Asia.
MATRADE partners HYT Cross Border to boost Malaysian MSMEs e-commerce activities
Malaysia External Trade Development Corporation (MATRADE) has concluded a cooperation with HYT Cross Border Sdn Bhd on Thursday as part of its ongoing efforts to enable and empower Malaysia micro, small and medium enterprises (MSMEs) to begin their cross-border journeys and assist those who are currently expanding into the region.
Momos raises $10M in Series A funding led by 645 Ventures
Singapore and the United States-headquartered artificial intelligence (AI)-powered customer platform Momos, has on Thursday announced its $10 million Series A funding led by 645 Ventures.
J&T Express sees strong growth in 9.9 mega sales, continues to ramp up investments & network enhancements across SE Asia
To meet growing demand and peak season volumes, J&T Express said it has continued to ramp up its local investments and network enhancements across Southeast Asia.
Indonesia’s GoTo appoints former Alibaba executive William Xiong as Group CTO
Xiong, a French citizen, brings more than 25 years of experience in software and product development, with a strong background in e-wallets, insurance core systems, business intelligence, data platforms, and ESG platforms.
