Asia

Vietnam’s VinFast inks deal with Guam AutoSpot to distribute EVs in Micronesia

Vietnamese car maker VinFast Auto has officially signed a cooperation agreement with Guam AutoSpot to distribute VinFast electric vehicles in Micronesia, VinFast said in a statement on Wednesday.

UAE’s Eesee receives strategic investment from Animoca Brands

Eesee, the United Arab Emirates (UAE)-based gamified marketplace has received an investment from Animoca Brands, a Hong Kong-based gaming firm.

BEYOND Expo & Asian Family Legacy Foundation to co-host exclusive Wealth Summit on May 24, 2024, part Of BEYOND Expo 2024

Over 200 LPs, including more than 150 family offices from across 30 countries, set to attend, aiming for collaboration with international partners.

Country Builders Bank partners India’s fintech firm Kiya.ai to advance banking infrastructure

Country Builders Bank, Inc. (CBB), a rural bank in the Philippines, has on Monday announced its strategic collaboration with Kiya.ai, a fintech firm based in India, to advance its banking infrastructure.

India’s Jumbotail raises $18.2M in Series C3 equity round led by Artal Asia

Jumbotail, an India-based business to business (B2B) marketplace and new retail platform for food and grocery, has raised INR 151 crore ($18.2 miilion) equity capital in Series C3 equity funding round led by Artal Asia Pte. Ltd. (Artal).

Japan’s EMURGO invests in NFT and asset tokenization provider NMKR

EMURGO, a Singapore blockchain technology company that provides products and services to drive the adoption of the Cardano blockchain’s Web3 ecosystem, has on Monday announced a strategic investment in NMKR, a Cardano-based non-fungible token (NFT) and tokenization service provider.

Japan’s Sumitomo Life completes Singlife acquisition

Singapore insurer Singapore Life Holdings Pte Ltd (Singlife) announced Monday that it has become a fully owned subsidiary of Japan-based Sumitomo Life Insurance Company (Sumitomo Life).

Animoca Brands partners Blockpass for secure and regulatory compliant Web3

Blockpass, the United Kingdom-based provider of compliant identity verification solutions for the Web3 space, and Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse and a long-standing Blockpass customer, have on Friday announced a strategic partnership to build a safer and more compliant Web3…

India’s HiLabs raises $39M in Series B financing co-led by Eight Roads Ventures and Denali Growth Partners

HiLabs, an India-based provider of artificial intelligence (AI)-powered solutions to manage dirty data, has on Thursday announced a $39 million Series B financing. The round was led by Denali Growth Partners and Eight Roads Ventures, with participation from F-Prime Capital.

Japan, ASEAN to integrate QR code payments by 2025 – report

Five ASEAN member countries, namely Singapore, Indonesia, Thailand, Malaysia and Philippines, signed a memorandum of understanding on payment integration between the countries in 2022 and began interaction in several areas.