Asia

India’s OrbitShift raises $7M in seed funding led by Peak XV’s Surge, Stellaris Venture Partners

OrbitShift, an India-based artificial intelligence (AI)-native sales operating system that accelerates enterprise sales motions, has announced $7 million in seed funding led by Peak XV’s Surge and Stellaris Venture Partners.

Gleneagles Hospital Kengeri partners Medulance to launch South India’s 5G-enabled ambulance service

Gleneagles BGS Hospital, Kengeri has announced the launch of South India's 5G-enabled ambulance service in partnership with Indian GPS-based technology platform Medulance.

Singtel, Deutsche Telekom, e&, SK Telecom, SoftBank Corp team up for developing multilingual Telco LLM

Singapore Telecommunications Limited (Singtel), Deutsche Telekom, e&, SK Telecom, SoftBank Corp., the founding parties of the Global Telco AI Alliance (GTAA), have signed a joint venture (JV) agreement focused on co-developing and launching a multilingual Telco Large Language Models (LLM).

Japan’s Ayudante acquires Singapore digital marketing company Sparkline

Ayudante, a Japan-based digital marketing and digital measurement consulting agency, has announced its acquisition of Sparkline, a Singapore-based digital marketing company.

ADB signs $50M commitment to accelerate energy transition in Asia and the Pacific

The Asian Development Bank (ADB) has signed a $50 million commitment to Actis Asia Climate Transition Fund, an infrastructure fund managed by Actis, a global sustainable infrastructure investor, to help accelerate the clean energy transition and address development challenges arising from climate change impacts in Asia and the Pacific.

IFC partners Li & Fung and LFX to support SME growth and digitalization in Asia’s supply chains

International Finance Corporation (IFC) has partnered with Hong Kong-based supply-chain services provider in the apparel and general merchandise industry Li & Fung and its affiliate LFX to support small and medium-sized enterprise (SME) growth and digitalization in Asia's supply chains.

ORIGIN: Asia Tech Conference: Southeast Asia – The Bright Spot For VC Investing Amidst Global Uncertainties?

“Southeast Asia: The Bright Spot For VC Investing Amidst Global Uncertainties?” was a panel that featured Thomas G. Tsao of Gobi Partners, Roderick Purwana of East Ventures and Angela Toy of Golden Gate Ventures, moderated by James Kwan, Founder & Executive Chairman, Jumpstart Media at the ORIGIN: Asia Tech Conference. ​​

Soul Ventures announces strategic expansion into Japan with new office

Soul Ventures, a global venture capital firm, has on Tuesday announced a significant milestone with the establishment of Soul Ventures Japan, marking the firm’s expansion into the Japanese market.

Japan’s Arches raises $2.6M additional funding for expansion

Arches Corporation, a Japan-based provider of knowledge-sharing services, announced last Friday that it has raised an additional 410 million yen ($2.6 million) in funding. The funding comes from KUSABI, VISIONAL Corporation, SMBC Venture Capital, Grove Advisors Ventures, and seven angel investors from Japan and abroad, bringing the total funds raised to 640…

Dubai travel tech firm RateHawk opens first Asian headquarters in Singapore

RateHawk, a travel tech platform developed by the Dubai-based company Emerging Travel Group., has established its first Asian headquarters in Singapore.