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MUFG Innovation Partners Co., Ltd. (MUIP) and MUFG Bank, subsidiaries of Mitsubishi UFJ Financial Group, Inc. (MUFG), have on Tuesday announced that they have established a $100 million fund called the MUFG Innovation Partners Garuda No. 1 Limited Investment Partnership with PT Bank Danamon Indonesia, Tbk (Danamon), a leading commercial bank in Indonesia.

Grab Holdings Limited, the Southeast Asia’s leading superapp, has on Monday announced that it has promoted Philipp Kandal to Chief Product Officer, effective February 1, 2023. Kandal will oversee the product, design and analytics teams and lead the product vision and strategy for Grab.

EdenFarm, a food service-focused startup based in Indonesia, has secured $13.5 million in its latest Pre-Series B bridge round led by Telkomsel venture arm Telkomsel Mitra Inovasi (TMI), AppWorks, and AC Ventures. The round was also supported by Decart Ventures, Fubon Capital, Trihill Capital, OCBC NISP Ventura, Nakhla and Capria Ventures.

United Kingdom-listed CMC Markets Plc, a global online financial trading firm, has on Tuesday announced that its Singapore subsidiary entity, CMC Markets Singapore Invest Pte. Ltd. (CSMI), has received a regulatory in-principle approval from the Monetary Authority of Singapore (MAS) for a capital markets services licence (CMSL) to offer online and mobile…

JD.com is China’s largest online retailer and its biggest overall retailer, as well as the country’s biggest Internet company by revenue.

Eazy Digital, a Thai insurtech startup that provides digital platforms for insurance companies, has raised $850,000 in an oversubscribed seed funding round. The round was led by Wavemaker Partners, with participation from Seedstars International Ventures, Wing Vasiksiri, and Sasin Bangkok Venture Club.

Singapore-based private market exchange ADDX has listed a global macro hedge fund by Chua Soon Hock, the Chief Investment Officer and fund manager behind the famed Japan Macro Fund (JMF).

Sea Ltd,a Singaporean global consumer internet company, through its e-commerce platform Shopee, has committed to expand its investments in Malaysia. SEA's proposed expansion plans in Malaysia involving the setting up of cloudservices, data hosting and processing, as well as new logistics e-commerce warehouse.

VinBrain, an artificial intelligence (AI) healthcare company funded by conglomerate VinGroup, said Thursday it will collaborate with Microsoft in data sharing, product cross-validation, and product research and development.

India-based supply chain tech startup Locad has raised $11 million Series A investment led by Singapore-based global venture capital Reefknot Investments. Other notable investors including Access Ventures, JGSummit, as well as returning investors Sequoia Surge, Febe Ventures, Antler, Hustle Fund, and Foxmont.