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Temasek’s VC arm Vertex raises $900M in first round of new fund, plans to close in “coming months”, says CEO

Vertex Master Fund III was set up by Vertex Holdings to provide Japanese investors diversified exposure to key innovation hubs globally by investing into its Vertex family of funds

Former Allianz Indonesia CEO joins PasarPolis as President

Indonesia-based insurtech startup PasarPolis has appointed industry veteran Peter Van Zyl as its President. Former Director and Chief Executive Officer of Allianz Indonesia, Van Zyl will bring his deep expertise and leadership to bear on the firm's ongoing mission to democratize insurance.

Urban solutions & sustainability dominate the 11th Lee Kuan Yew Global Business Plan competition revolutionary finalists

With the theme 'Innovations Beyond Boundaries - Reimagining a Smart, Sustainable & Resilient Future’, one of Asia’s largest university-led startup challenge empowers young founders to solve urgent global challenges through deep-tech solutions.

India’s Razorpay launches payment gateway in Malaysia via Curlec

Indian Fintech Unicorn Razorpay has on Wednesday launched a full-stack payment gateway in Malaysia through Curtech, a Malaysian fintech firm it acquired last year. The Curlec Payment Gateway will serve more than 5,000 businesses with a target of MYR 10 billion ($2.15 billion) in annualized gross transaction value (GTV) by 2025.

Indonesia’s SoLeLands raises funding led by East Ventures

SoLeLands, an Indonesia-based immersive game-based learning platform to support kids’ self-discovery, has on Wednesday announced that the company had raised funding led by East Ventures, with the participation of SMDV.

India’s Wipro commits to invest $1B in AI over the next three years

India-based technology services and consulting company Wipro Limited said Wednesday it will commit to make a $1 billion investment in advancing artificial intelligence (AI) capabilities over the next three years.

Singapore healthtech startup Speedoc partners Parkway Shenton to expand medical care reach

Singapore healthtech start-up Speedoc has on Wednesday announced a partnership with Singapore’s primary healthcare provider Parkway Shenton. The partnership intends to leverage Speedoc's expertise in providing hospital-level care and expand care options for patients of Parkway Shenton, extending their reach into the community while providing medical care…

Khazanah-backed insurtech firm PolicyStreet aims to serve underserved & underinsured communities including gig workers [Q&A]

TechNode Global recently spoke to its Co-Founder and Chief Executive Officer Yen Ming Lee to learn more about the company’s plans after its latest funding round, what are the opportunities and challenges the company sees in the insurance industry.

Temasek reports lower net portfolio value of $285B in FY2023

Singapore investment firm Temasek has reported a net portfolio value (NPV) of SGD 382 billion ($284.61 billion) in financial year ended March 31, 2023 (FY23), a drop of 5.21 percent as compared to SGD 403 billion ($300.26 billion) in FY2022.

LeapFrog Investments plans to commit over $500M to climate solutions in Asia and Africa

Global private investment firm LeapFrog Investments plans to commit $500 million to companies combating climate change in Africa and Asia, providing green tools and technologies to 50 million low-income people.