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The investment round has been closed and Ola will be receiving the funds within a week's time, though there will be another round of fund raising before it files papers for an up to $1 billion IPO planned for late 2023, said the first source, according to the report.

Otoklix is also gearing up to be a first-mover in Indonesia’s electric vehicle aftermarket, with a focus on outfitting and educating workshop teams to service electric motorbikes. The startup has also entered into a strategic partnership with Indonesia’s state-owned oil and natural gas corporation Pertamina to reestablish the Bright Olimart service chains…

Users can now set up a web3 wallet, win blockchain-based rewards, pay with NFTs and more.

In the first half of 2023, international business posted double digit revenue growth, with particularly strong performances in Japan, Singapore, Malaysia, Indonesia, Europe, and the Middle East.

This strategic investment will fuel SLEEK EV's mission to accelerate the transition of 2-wheelers in Southeast Asia to electric.

#Singapore's iconic public housing scheme is undergoing pivotal changes for greater inclusivity and equity. But Prime Minister Lee Hsien Loong's recent National Day Rally also touched on another vision: We need to empower more Singaporeans to build our digital domain to forge our economic future.

Under the agreement, the Korean flag carrier has selected Viasat’s inflight broadband solution for its upcoming fleet of Airbus A321neo aircraft.

Limited partners (LPs) across its early-stage and growth investment vehicles include a sovereign wealth fund, public and private pension funds like Khazanah Nasional Bhd, Kumpulan Wang Persaraan (Diperbadankan) [KWAP], and Employees Provident Fund (EPF).

Glints announced in December last year it is reducing its team size and retrenching some of its staff.

Global Brain and Globis Capital Partners led the latest infusion of capital, bringing its total funding to $125 million.