SEA

Maybank Investment Bank said Monday that it expects core e-commerce/on-demand services growth of internet companies in Singapore to be sustained over the medium term owing to under-penetration.

EQT Private Capital Asia has completed the acquisition of the Singapore-based property technology (PropTech) company PropertyGuru Group.

Malaysian clean energy solutions provide Solarvest Holdings Berhad has partnered with Singapore-based renewable energy (RE) company Vista Contracting and Investment Global Pte Ltd, to jointly develop certain rooftop and utility scale solar projects in Malaysia, Brunei, Taiwan and Cambodia.

In the interview with TNGlobal, Van Zyl shared the importance of the partnership with GoTo, the company’s plans and strategy expanding in Southeast Asia. He also shared PasarPolis' competitive edge against other insurtech firms and traditional insurance companies, among others.

GrabAds, the advertising arm of Singapore-based superapp Grab, will expand its strategic partnership with GroupM, WPP’s media investment group, to help the latter’s clients unlock the power of Grab’s retail media network (RMN) capabilities for brand, performance and business growth.

Based in Singapore, Ant International provides partners across industries and markets a comprehensive range of digital payment and financial technology solutions. It is committed to driving inclusive growth through open collaboration and continuous innovation.

Thai venture capital firms are also creating opportunities for collaboration by connecting startups with international investors and industry leaders. This ecosystem not only accelerates local innovation but also positions Thailand as a gateway for global investors seeking to tap into the dynamic Southeast Asian market.

Malaysia-based utility firm Tenaga Nasional Berhad (TNB) and Singapore’s licensed electricity importer, Sembcorp Power (Sembcorp), a wholly-owned subsidiary of Sembcorp Industries, have advanced regional energy sustainability by signing a renewable energy supply agreement (RESA) on Monday.

In November, early-stage funding dominated at 70.5 percent of the total investments, while seed-stage funding contributed 29.5 percent, reflecting a focus on early-stage investments.

Despite headwinds, Gobi Partners saw three of its portfolio startups exit over the last year, generating $350 million in total value with a 20x return on investment. The companies represent diverse sectors and exit strategies: e-commerce enabler Synagistics’ de-SPAC in Hong Kong, Mize’s acquisition by Korea’s Yanolja and Brite Semiconductor’s IPO on the…