SEA
SEA,Partner Event,Malaysia,Sustainability
AtoZero Asean 2023 to be held in KLCC, Malaysia from Oct 4-6
AtoZero, or “Accelerate To Net Zero”, is a new series of events bringing together key decision makers and changemakers to comprehensively explore pathways, policies and business opportunities that will catalyse an acceleration of net zero pathways.
September 28, 2023
Funding Societies raises $27 million in debt funding from institutional investors
Funding Societies | Modalku, the largest unified small and medium enterprises (SME) digital finance platform in Southeast Asia, announced on Tuesday that it has successfully raised debt of $27 million. The funding was led by Asia-focused private credit financier AlteriQ Global, with multi-family office Aument Capital Partners (ACP), and…
September 26, 2023
Vietnamese Internet Platform VNG postpones US IPO – report
VNG has been exploring going public in the US since at least 2017.
September 25, 2023
SEA,Mergers and Acquisitions,FoodTech
Delivery Hero’s foodpanda’s business could be sold to Grab? – report
Delivery Hero plans to sell its activities under the foodpanda brand in Singapore, Cambodia, Laos, Malaysia, Myanmar, the Philippines and Thailand.
September 22, 2023
UnaFinancial: share of fintech in the GDP of Singapore will reach 3.56 percent in 2027
Analysts of UnaFinancial has projected that share of fintech in the gross domestic product (GDP) of Singapore will reach 3.56 percent in 2027. In 2022, 0.32 percent of Southeast Asia (SEA)’s GDP consisted of venture and other investments in the fintech industry. By 2027, this share is projected to reach 1.65 percent, growing five times.
September 21, 2023
Japan’s Terra Drone expands to precision agriculture sector after acquiring Avirtech
Terra Drone Corporation, a drone and Urban Air Mobility (UAM) technology provider based in Japan, has expanded into the precision agriculture sector by acquiring the business of Avirtech, a startup providing agricultural drone spraying and mapping service in Southeast Asia.
September 21, 2023
SEA,TNGlobal Q&A and Interviews,Vietnam,Features,Investments,Indonesia,InsurTech,Thailand
Backed by three unicorns, Indonesia’s InsurTech firm PasarPolis gears up to disrupt insurance industry
In the interview, Van Zyl also shared PasarPolis’ short-term and long-term plans, the company’s strategy and the challenges it faced. He also shared his views on the overall insurance industry in Indonesia and Southeast Asia.
September 14, 2023
IFC & Indonesia’s FinTech platform Amartha partner to support women-owned micro-enterprises in Indonesia
The International Finance Corporation (IFC) and Amartha, an Indonesian microfinance fintech platform, have developed an innovative funding solution to boost access to finance for women-owned micro-enterprises.
September 14, 2023
Vietnam’s EV maker VinFast plans Asia expansion; to build plant in Indonesia in 2026
VinFast, formed and almost entirely controlled by Vietnam richest man Pham Nhat Vuong, also plans to invest around $1.2 billion in the Indonesian market in the long-term.
September 13, 2023
Hong Kong’s cross-border eCommerce enabler Buyandship secures initial $10M in Series B funding, plans to expand into SE Asia
The funds will be allocated to automation of operations, research, and development in Artificial Intelligence (AI) and Machine Learning, and market expansion into the Southeast Asia (SEA) region.
September 13, 2023