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Temasek-backed Seviora appoints Gabriel Lim as new CEO
Seviora Holdings, a wholly-owned subsidiary of Temasek Holdings, has announced that Gabriel Lim will join the group on 1 May 2025 as Chief Executive Officer-Designate and will be appointed to the board of Seviora Holdings.
TNGlobal Tracker: Startup Funding Snapshot for March 2025
The Southeast Asia (SEA) Monthly Funding Tracker for March 2025 reflects a slight upward move in funding during the month. Total funding amounted to $99.5 million across 22 rounds, marking a rise of 10.31 percent compared with February 2025 and an 82.1 percent decline from March 2024.
Malaysia’s Capital A on track to complete restructuring plan by June amid strong operational momentum
Malaysia-based Capital A Berhad has reaffirmed its confidence in completing its proposed regularization and restructuring plan by June 2025, citing continued progress across key regulatory, financial, and operational milestones.
Maybank positive on Grab after management lifts its guidance
Maybank Investment Bank said Thursday that it was positively surprised by the lift in Grab's guidance as tariff uncertainty has raised the risk of macro and forex volatility.
MIMOS and MY E.G. Services team up to launch Malaysia Blockchain Infrastructure
MIMOS Berhad, a strategic agency for technology under the Malaysian government, and MY E.G. Services Berhad, a Malaysia-based digital services company, have announced the operationalization of the Malaysia Blockchain Infrastructure (MBI), a neutral and trusted platform for digital services and innovation across sectors, to boost Malaysia's digital economy…
Malaysia’s Capital A eyes dual listing in Hong Kong to accelerate growth, unlock new capital pools
Malaysia-based Capital A Berhad has on Friday announced that it is actively exploring a potential listing on the Hong Kong Stock Exchange (HKEX), as part of its strategic effort to broaden access to global capital markets and position its ecosystem of digital and aviation services businesses for the next phase of growth.
Bukalapak’s first quarter revenue up 37 percent q-o-q on growth in gaming and retail segments
PT Bukalapak.com Tbk, an Indonesian e-commerce company, announced Wednesday that its overall revenue grew 37 percent quarter-on-quarter to IDR 1.5 trillion ($89.74 million) in the first quarter of 2025 from IDR 1.1 trillion in the fourth quarter of 2024, driven by continued momentum across gaming and retail segments.
Cocoon Capital announces first close of $50M Fund III to accelerate Southeast Asia’s enterprise and deep tech startups
Cocoon Capital, a Singapore-based early-stage venture capital firms, has announced the first close of its third fund, Cocoon Capital Fund III, securing $30 million in commitments towards a target of $50 million.
MIDA, FMM, Bintang Capital launch fund to strengthen Malaysia’s semiconductor ecosystem
The Malaysian Investment Development Authority (MIDA), the Federation of Malaysian Manufacturing (FMM), and Bintang Capital Partners (Bintang Capital) have teamed up to launch innovative fund to strengthen Malaysia's semiconductor ecosystem and drive sustainable growth.
Singapore’s Thunes raises $150M in Series D funding led by Apis Partners and Vitruvian Partners
Thunes, the Singapore-based payment firm, has announced the successful raise of its $150 million Series D funding led by global private equity firms Apis Partners and Vitruvian Partners.
