Asia

Creador acquires 7 percent stake in India’s La Renon Healthcare

Malaysia-based private equity firm Creador announced Monday its investment into La Renon Healthcare by acquiring a 7 percent stake from the promoter and existing investor Peak XV Partners (formerly Sequoia India).

Bolttech and Kyobo Lifeplanet partner to build out digital insurance distribution offerings in South Korea

South Korea’s digital life insurer Kyobo Lifeplanet Life Insurance and Singapore's insurtech bolttech have signed a strategic agreement to collaborate on building innovative digital insurance distribution solutions for Korea and beyond.

Airwallex raises $330M Series G funding, establishes San Francisco as dual global headquarters

Airwallex, the Australian-founded financial platform, has raised $330 million in a Series G funding round, led by Addition and with participation from T. Rowe Price, Activant, Lingotto, Robinhood Ventures and TIAA Ventures.

Markets that encourage responsible AI will drive APJ’s next wave of innovation – Sonar

Artificial intelligence (AI)-assisted software development will drive workforce recalibration in Asia Pacific and Japan (APJ) region, while markets that encourage responsible AI will drive APJ’s next wave of innovation, said Marcus Low, Vice President and Managing Director, APJ, Sonar.

Singapore’s SC Capital Partners breaks ground on $600M Osaka data center site

SC Capital Partners Group (SCCP), a Singapore-based institutional real estate investment management firm, has commenced construction of a new data center in Osaka with 100MW of allocated power.

The Radical Fund launches AI-native studio to build next generation of climate and AI ventures across Southeast Asia, Middle East

The Radical Fund, Southeast Asia’s climate-focused venture capital firm, has announced the launch of The Studio, UTOPIA’s artificial intelligence (AI)-native venture builder supporting high-potential founders and technical experts across the Global South.

Binance appoints Co-Founder Yi He as Co-CEO as the company nears 300M users

Binance, the global blockchain ecosystem behind the world's largest digital asset exchange by trading volume and users, announced Wednesday that its Co-founder Yi He, has been appointed as Co-Chief Executive Officer (Co-CEO).

MoneyHero partners HashKey to expand Hong Kong digital asset wealth product offerings

MoneyHero Limited, a tech- and artificial intelligence (AI)-powered personal finance aggregation and comparison platform and a digital insurance brokerage provider in Greater Southeast Asia, has announced the expansion of its digital asset wealth product offerings through its new collaboration with HashKey Group, a Hong Kong-based digital asset company.

Animoca Brands partners with Rayls to advance access to tokenized real-world assets

Hong Kong-based Web3 firm Animoca Brands announced Monday that it has entered into a memorandum of understanding (MOU) with Rayls, a blockchain ecosystem to bridge traditional finance with decentralized finance, for a strategic partnership focused on the tokenization of real-world assets (RWAs).

The cross-market forces shaping APJ’s emergence in the global AI landscape – UiPath

The cross-market forces is shaping Asia Pacific and Japan (APJ)’s emergence in the global artificial intelligence (AI) landscape, a report from UiPath showed recently.