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Vietnam’s Oxalus raises $1.1M in seed funding led by IDGCVB and Kyber Ventures

Oxalus, a Vietnam-based blockchain startup developing a non-fungible token (NFT) social commerce platform, has raised $1.1 million in seed funding led by IDGCVB and Kyber Ventures. With the new fund, the firm will consider making further investments in data development and growing its engineering team.

India’s Capillary Technologies raises $45M Series D funding from Avataar Ventures and its LPs

Indian software as a service (SaaS) startup Capillary Technologies has on Thursday announced the successful closure of its Series D funding round at $45 million. The company said in a statement that it has raised the fund from a consortium of global investors- Avataar Ventures along with its limited partners (Pantheon, 57Stars, and Unigestion), Filter…

Malaysian FinTech firm Bayo Pay raises $2.2M in funding led by VentureTECH SBI

Malaysian FinTech firm Bayo Pay (M) Sdn Bhd has raised $2.2 million Series A funding led by venture capital firm VentureTECH SBI Sdn Bhd. VentureTECH SBI and VentureTECH Sdn Bhd have invested MYR 7 million ($1.52 million) and MYR 3 million ($650,000) respectively in Bayo Pay.

Singapore private equity firm EMIA to invest in Cambodia’s FWF Full Well and Nisshin Logistics

Singapore-based private equity fund manager Emerging Markets Investment Advisers (EMIA), has on Thursday announced its investment in FWF Full Well and Nisshin Logistics (FWF), Cambodia’s logistics service provider, through its new fund, ASEAN Frontier Markets Fund (AFMF).

Is ChatGPT ready for the world? AI experts discuss loopholes and potential solutions

The goal of AI-driven technology is to improve and enhance human life rather than replace humans. The panel encouraged the audience not to worry but instead to learn how to wisely delegate tasks to AI.

Singapore’s Sea Ltd winds down investment arm – report

New York-listed Sea launched Sea Capital in March 2021 with initial capital of $1 billion after buying Hong Kong's Composite Capital Management.

ChatGPT app is now available in Malaysia; ranks first on App Store’s Top Chart

A check on App store's top charts on Thursday showed that ChatGPT now ranked number one on the list.

Crypto.com obtains license to offer digital payment token services in Singapore

Singapore-based cryptocurrency exchange company Crypto.com announced Thursday that it has received its major payment institution (MPI) license for digital payment token (DPT) services from the Monetary Authority of Singapore (MAS).

Paywatch partners KB Bukopin to empower Indonesian workers with bank-backed EWA service

Paywatch, a Singapore-based earned wage access (EWA), has partnered with Bank KB Bukopin, to launch the first bank-backed EWA service in Indonesia, aimed at promoting greater financial inclusion and improving the financial well-being of employees.

Temasek’s GenZero backs $50M investment in US greentech CleanJoule

GenZero, a decarbonization-focused investment platform company of Temasek based in Singapore, has backed the $50 million investment in CleanJoule, the United States-based startup focused on the production of sustainable aviation fuel (SAF).