Asia
VinFast accelerates expansion in India with 24 operational dealerships
VinFast Auto India, a subsidiary of Vietnam-based electric vehicle (EV) manufacturer VinFast, has accelerated its retail network expansion, with 24 dealerships now operational across major cities in India.
SoftBank partners OpenAI to deliver enterprise AI solution
The Japan-based investment firm SoftBank Group and US-based technology firm OpenAI Group PBC have on Wednesday launched their joint venture, SB OAI Japan GK.
Airwallex’s ARR hits $1 billion in October
Global fintech firm Airwallex hits a major milestone with its annualized run rate revenue (ARR) crossed $1 billion in October.
Singapore’s HeyMax launches in Hong Kong, announces Cathay partnership
HeyMax, the Singapore-based loyalty and travel rewards platform, has on Wednesday announced its launch into the Hong Kong market, marking its first international expansion and a new partnership with Cathay.
Singapore Gulf Bank selects Fireblocks to power secure wallet infrastructure
Singapore Gulf Bank (SGB), a fully licensed digital wholesale bank regulated by the Central Bank of Bahrain, has selected Fireblocks, the global enterprise platform for secure digital asset custody, settlement, trading operations, and stablecoin payments, to power secure wallet infrastructure.
Malaysia’s Solarvest strengthens regional footprint with Nextree’s LSS5 award
Malaysia's energy firm Solarvest Holdings Berhad said last Thursday that it continues to accelerate its regional growth momentum with a major milestone in Asia as Nextree Synergy Sdn. Bhd. officially signed the letter of award (LOA) with Atlantic Blue Sdn. Bhd., a wholly-owned subsidiary of Solarvest.
Currenc Group proposes reverse merger with Hong Kong’s Animoca Brands
Currenc Group Inc., a Singapore-based artificial intelligence (AI) solutions fintech firm, announced Monday that it has entered into a non-binding term sheet with Hong Kong-based gaming firm Animoca Brands Corporation Limited in relation to a potential proposal for Currenc to acquire 100 percent of Animoca Brands’ issued shares via a reverse merger.
Mandala Capital secures Green Climate Fund approval to scale climate adaptation and transform food systems in South and Southeast Asia
Mandala Capital, a private equity fund investing in the agriculture and food sectors across South and Southeast Asia, announced last Thursday that the Green Climate Fund (GCF) has officially approved the Mandala Capital SSEA Food Fund at its 43rd Board Meeting.
Alternate Futures launches as a fund-backed Innovation Center in Singapore
Alternate Futures, a fund-backed Innovation Center was officially launched in Singapore through a strategic alliance with Agrifood Futures, to boost climate, food and energy investment across the region.
Ant International invests in R2 to expand credit access for SMEs in LATAM
Ant International, a Singapore-based global digital payment firm, announced last Thursday a strategic investment in R2, an embedded lending infrastructure company in Latin America (LATAM), to expand access to credit for small and medium-sized enterprises (SMEs) across the region.
