Asia

The New York Stock Exchange (NYSE) and Singapore Exchange (SGX) announced Thursday the signing of a new agreement to collaborate on the dual listing of companies on both exchanges and work together in a number of other key areas focused on the capital markets. This collaboration represents an important initiative for both markets.

Bluejay Finance, a capital-efficient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies, said Wednesday it has raised $2.9 million funding from Zee Prime Capital, C2 Ventures, Stake Capital Group, RNR Capital, Daedalus Angels, Moonlanding Ventures, Oval Ventures, and more, with operator-angels including DeFi projects…

New World Development Company Limited (NWD) announced Thursday that the group has initiated the New World Green Transport Alliance (NWGTA) and signed a memorandum of understanding (MOU) with Shell Hong Kong Limited (Shell) and Sime Darby Motors Group, who joined hands to commit HK$50 million ($6.37 million) to the alliance over a three-to-five-year period.

Y Combinator-backed startup Tablevibe partners with Foodpanda, DoorDash, and other delivery platforms to offer a commission-free online ordering system to over one million restaurants in Southeast Asia, Australia, and North America. The Singapore-based venture is the world’s first business to tie up with leading delivery platforms across these regions.

Brinc, a Hong Kong-based venture accelerator with a global sustainability mandate, and DayDayCook, a Hong Kong-based content-to-commerce culinary platform, announced Thursday a commitment of $10 million to invest in food technology companies that are developing the sustainable, animal-free, global food ecosystem and scaling commercialization in Greater…

Samsung SDI announced Thursday it will invest 1.7 trillion won ($1.3 billion) in cylindrical battery lines in Malaysia to accelerates challenge to be global top tier company by 2030. Its decision to construct the second factory in Malaysia comes as a strategy to meet the rising demand for cylindrical batteries recently.

Indian plant based meat company Shaka Harry said Wednesday it has received a total investment of $2 million in seed funding round led by Better Bite Ventures, Blue Horizon and venture debt fund Panthera Peak. Other investors include; Dexler Holdings, Chef Manu Chandra and a group of domestic family offices and angel investors.

XLD Finance, a borderless decentralised ecosystem that provides financial tools to emerging economies, announced Wednesday that it has successfully raised $13 million during the pre-Series A funding round led by Dragonfly Capital and Infinity Ventures Crypto (IVC).

B Capital, a global multi-stage investment firm, announced Wednesday the $250 million close of Ascent Fund II (Ascent), its first dedicated early-stage fund.B Ascent invests in pre-seed through series A rounds globally, with an emphasis on the United States and Asia.

la Electric, India’s largest electric vehicles (EV) company, announced Monday the investment of $500 million for setting up its state-of-the-art battery innovation center (BIC) in Bangalore. BIC will be one of the world’s largest and most advanced cell research and development (R&D) facilities with more than 165 unique and cutting-edge lab equipment to…