Singapore

Singtel, Hitachi expand collaboration to next-generation data centers and GPU cloud

Singaporean telecommunications conglomerate Singtel and Japanese multinational conglomerate Hitachi, Ltd. have expanded collaboration to next-generation data centers and graphics processing unit (GPU) cloud to accelerate enterprise digital transformation by artificial intelligence (AI) adoption.

Singapore’s SleekFlow secures $7M with Atinum Investment to propel global expansion and AI tech innovation

SleekFlow, a Singapore-based provider of Omnichannel Conversational AI Suite for customer engagement, has secured $7 million in a Series A+ funding round led by Atinum Investment, a South Korean-based venture capital firm.

Singapore’s DiMuto secures $5.9M in Series A funding for global expansion

DiMuto, a Singapore-based AgriFood trade solutions company, has successfully closed its Series A funding round, securing a total of $5.9 million. The round, which was led by The Yield Lab Asia Pacific, saw contributions from prominent investors including SiS Cloud Global Tech Fund 8, Gold Sceptre Limited, and Dave Chen.

Igloo partners TrueMoney to provide critical health insurance products to Thai users

Singapore-based regional insurtech Igloo has on Tuesday announced its partnership with TrueMoney, a Thailand-based e-payment and financial service provider, to provide critical health insurance products to Thai users.

EQT Private Capital Asia acquires PropertyGuru for $1.1B

Hong Kong-based Asian investment firm EQT Private Capital Asia will acquire Southeast Asia leading proptech company PropertyGuru for $1.1 billion.

Singtel teams up with Bridge Alliance to offer GPU-as-a-Service in Southeast Asia

Singtel, a Singapore-based communications technology group in Asia, and Bridge Alliance, a mobile alliance of 35 member operators worldwide, have on Monday announced a strategic partnership that will bring Singtel’s GPU-as-a-Service (GPUaaS) offerings to enterprises across the region.

Grab’s revenue grows 17 percent year-on-year in second quarter

Singapore-based superapp Grab announced Thursday that its revenue grew 17 percent year-over-year to $664 million in the second quarter of 2024, driven by revenue growth across all segments.

Singapore’s Amilo acquires Thailand’s Sivadon Logistics to accelerate growth

Amilo, a Singapore-based logistics firm, has on Thursday announced its acquisition of Sivadon Logistics in Thailand to accelerate growth.

Singapore’s DCS Innov acquires wallet-as-a-service platform HolyWally

Singapore-based DCS Innov, a subsidiary of DCS Fintech Holdings, has on Thursday announced the acquisition of HolyWally, wallet-as-a-service (WaaS) platform. This strategic move marks a significant milestone in DCS Innov’s global expansion plans, particularly into the United States and European markets,.

Maxis partners Singtel to accelerate enterprise digital transformation with Malaysia’s first 5G orchestration platform

Malaysian telecommunications firm Maxis has partnered with Singapore Telecommunications (Singtel) to introduce Malaysia's first all-in-one platform for 5G network, edge computing, cloud and services orchestration, built on Singtel’s Paragon for telco networks.