Asia

IndusInd Bank partners with Wise to offer online inward remittance to India

Indian financial services provider IndusInd Bank has on last Friday announced its partnership with global payment firm Wise to offer online inward remittance services to Non Resident Indians (NRIs) residing in United States and Singapore.

Animoca Brands partners Mitsui & Co. for Web3 market in Japan

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the metaverse, has signed a memorandum of understanding for a strategic partnership with Mitsui & Co., Ltd. (Mitsui) through a strategic investment.

The Third Hengqin International Scientific and Technological Innovation and Entrepreneurship Competition Offers RMB 300M Prize Pool

This prestigious competition, organized by the Guangdong-Macao in-Depth Cooperation Zone in Hengqin Economic Development Bureau, presents a lucrative opportunity for participants to showcase their talents and ideas while vying for a substantial prize pool of RMB 300 million.

Australian energy start-up Sicona Battery Technologies raises $15M in Series A funding

Australian energy start-up Sicona Battery Technologies (Sicona) has on Wednesday announced it has raised AUD 22 million ($15 million) in Series A funding which will be used to further the company's development plans both in Australia and the United States.

Mocaverse launches custom NFT marketplace with Rarible to address community safety

Mocaverse, the Animoca Brands membership non-fungible token (NFT) collection, has partnered with Rarible, a NFT platform for creators and brands, to launch Mocaverse Marketplace, a custom marketplace for the Mocaverse community.

Over 40 percent of Singapore IT leaders doubt digital infrastructure’s readiness for AI, says Equinix

More than four in ten information technology (IT) leaders surveyed in Asia-Pacific (44 percent) believe their existing IT infrastructure is not fully prepared for the demands of artificial intelligence (AI) technology, despite its widespread adoption across industries, according to the Equinix 2023 Global Tech Trends Survey revealed on Wednesday.

Gusto Collective expands into SEA with acquisition of Mercury Integrated

Hong Kong-based brand technology group Gusto Collective is expanding into Southeast Asia (SEA) with acquisition of Singapore-based luxury-marketing firm Mercury Integrated.

India’s HighXP raises $2.2M in seed funding led by 3one4 Capital

HighXP, an India-based casual gaming studio building social games, has raised $2.2 million in seed funding. The funding was led by 3one4 Capital with participation from Prime Venture Partners and Gemba Capital.

Quest Ventures-backed ApartX raises $250,000 in oversubscribed series seed round

ApartX, a Quest Ventures-backed property technology startup focused on rental property management, has on Wednesday announced that it had secured seed funding of $250,000 from Kazakhstan-based Big Sky Capital and Activat VC.

Hong Kong’s Finblox launches tokenized US T-Bills with OpenEden

Finblox, a Hong Kong-based crypto superapp backed by Dragonfly and Saison Capital, has announced the launch of tokenized rights to US Treasury Bills (T-Bills) in partnership with OpenEden, a firm that operates the first smart contract vault to offer 24/7 access to U.S. Treasury Bills.