On location
Lotus Cars aims to re-establish brand in Malaysia – report
All-new fully electric Lotus Eletre was aunched on Thursday (Apr 13) in the Malaysian market and for the first time in Asia.
Japan’s SmartRyde raises $3.38M in Series A+ funding round
SmartRyde, the operator of a pre-booked airport transfer marketplace, has raised approximately JPY 450 million ($3.38 million) in a series A+ funding round. The fund was raised through the third-party allocation of shares led by NVC No.1 Limited Liability Partnership, a fund jointly managed by NVenture Capital Limited and NEC Capital Solutions Limited).
Changi Airport expands into the metaverse with launch of ChangiVerse on Roblox
Changi Airport Group (CAG) unveils ChangiVerse, an innovative online experience, marking the airport’s global debut in the metaverse.
Airwallex survey finds majority of Singapore SMEs are bracing for a potential recession
Singapore businesses have a cautious economic outlook, as new data from global fintech Airwallex reveals seven in ten small and medium-sized enterprises (SMEs) here are bracing for a potential recession within the next two years.
Sustainable tech funding in SEA is growing 2.5 times faster than the global average, says Robocash
Starting from 2020, the average year on year increase in the number of Southeast Asian (SEA) sustainability tech companies is 15.23 percent, exceeding the world average of 10.95 percent by 4.3 percentage points, said analysts at Robocash Group on Thursday.
Indian early-stage venture fund pi Ventures raises $12M from SIDBI
Indian early-stage venture fund pi Ventures has received a commitment of INR 100 Crores ($12 million) or 15 percent of the corpus out of Fund of Funds for Startups (FFS) managed by Small Industries Development Bank of India (SIDBI).
VinES and Li-Cycle seal strategic, long-term battery recycling agreement
VinES Energy Solutions (VinES), Vingroup's mobility and energy storage applications advanced batteries subsidiary, and Li-Cycle Holdings Corp. (Li-Cycle), a lithium-ion battery recycler in North America, have on Wednesday announced that they have signed a definitive agreement for a long-term recycling relationship.
The Edgeof to acquire SoftBank Ventures Asia to establish Pan-Asian ecosystem for pioneering startups
The Edgeof, a newly formed ecosystem builder and venture capital entity in Singapore, announced Wednesday that it will acquire SoftBank Ventures Asia Corp (SBVA), a wholly-owned subsidiary of Japanese investment bank SoftBank Group Corp. (SBG), to establish a Pan-Asian ecosystem for pioneering startups.
Equinix partners Astra to develop the digital infrastructure in Indonesia
United States-listed infrastructure company Equinix. Inc and Indonesian conglomerate PT Astra International Tbk (Astra), have on Tuesday announced a joint venture to develop the digital infrastructure in Indonesia that multinationals and local businesses need to accelerate their digital transformation.
Cainiao clinches Gold and Silver Stevie Awards in 2023 Asia-Pacific Stevie Awards for Innovation, Sustainability and CSR Efforts
Cainiao Network (Cainiao), the logistics arm of China-based technology firm Alibaba Group Holding Limited, was named the winners of the Gold Stevie® Award for Innovation in Transportation & Logistics, and the Silver Stevie® Award for Innovative Achievement in Corporate Social Responsibility (CSR) in the 10 th annual Asia-Pacific Stevie Awards last……
