Singapore

Grab launches mapping service GrabMaps

Singapore-based super app Grab Holdings Limited announced Wednesday the launch of GrabMaps, a new enterprise service that will allow the company to tap into the $1 billion market opportunity in Southeast Asia per year for mapping and location-based services.

Southeast Asia primed for investments to bridge sustainability opportunities, says Bain & Co, Temasek report

SEA needs to move from promises to action and bridging the gap between opportunities and results will be a key milestone. We remain bullish on the $1 trillion economic opportunities in SEA, but we need to step up as a region to strengthen the investable market and increase green capital flows,” said Dale Hardcastle, Partner and Director of the Global…

Singapore’s Omnistream closes $7M Series A investment led by SIG Venture Capital

Omnistream, a Singapore-based data-empowered solutions company for the retail industry, said Tuesday it has raised $7 million in Series A funding led by SIG Venture Capital, the Asian venture capital arm of Susquehanna International Group (SIG). The round also saw participation from Delivery Hero Ventures, an independently managed venture capital fund…

Singapore’s used car platform Carro buys 50% stake in Indonesian rental firm MPMRent – report

MPMRent is one of Indonesia's leading car rental firms with a fleet of more than 13,000 cars and provides financing services.

Singapore’s Temasek allocates $3.64B for decarbonization investment platform

Singapore state investor Temasek said Monday it has commited an initial amount of S$5 billion ($3.64 billion) to establish GenZero, an investment platform company that aims to accelerate decarbonisation, for future generations towards a net zero world.

Slash launches the first of its kind venture builder map with over 400 VBs globally

With venture building on a consistent rise, Slash, a boutique venture and tech studio, is coming forward with a new social project - Venture Builder Map. This is the first attempt to create a global interactive directory of all the venture builders.

Applications are now open for TiE SEA Women’s Pitch Competition 2022

Shortlisted candidates will be judged by a panel of regional VC’s, entrepreneurs, ecosystem leaders and tech corporate executives, and will also get networking opportunities with regional and international VC’s. The top winner of the Southeast Asia start-up founders will be flown to Dubai by TiE for the global finale.

Allianz Insurance Singapore expands its digital capabilities with Fermion’s SaaS claims platform and enters the Singapore Motor Insurance ecosystem

The digital claims platform helps deliver a better customer experience and enables the insurer to attain robust claims management and cost control capabilities.

Malaysia’s home services platform Kaodim to cease operations next month

The prolonged COVID lockdowns and their “knock on” effects in the form of operational disruptions, labor shortages and higher running costs have significantly impacted its business and the quality of service.