Singapore

Gojek Singapore and ComfortDelGro Taxi ink cross-dispatch model partnership

Gojek Singapore and ComfortDelGro Taxi, Singapore’s largest taxi operator, have on Tuesday announced the official launch of their cross-dispatch model partnership.

SWAT Mobility secures $7.2M to fuel expansion across Asia

SWAT Mobility, a Singapore-based provider of artificial intelligence (AI)-powered vehicle routing solutions, has secured a total funding of $7.2 million in the latest round. SWAT Mobility said in a statement on Tuesday that this investment will fuel its expansion efforts across Asia, further solidifying its position in the region's mobility sector.

Toku to acquire Singapore-based AI-powered conversational CX platform AiChat

Toku, a Singapore-based provider of enterprise-grade cloud communications and customer experience (CX) solutions, has on Tuesday announced the intent to acquire AiChat, a Singapore-based artificial intelligence (AI)-powered conversational customer experience (CX) platform.

India-based real estate decarbonization platform Accacia raises $6.5M in pre-series A round led by Illuminate Financial

Accacia, a decarbonization platform focusing on the real estate and infrastructure sectors, has closed a $6.5 million in a pre-Series A round led by Illuminate Financial, a venture capital firm focused on enterprise fintech companies.

Singapore’s ComfortDelGro secures $73M from DBS to accelerate UK bus fleet decarbonization

Singaporean lender DBS and land transport firm ComfortDelGro Corporation (ComfortDelGro) have on Monday announced an SGD 100 million ($73 million) facility to decarbonize the global operator’s United Kingdom bus fleet.

MAS sets aside $26M to support upskilling Singapore’s financial services sector workforce in sustainable finance

The Monetary Authority of Singapore (MAS) has set aside SGUD 35 million ($25.7 million) in the Financial Sector Development Fund to support upskilling and reskilling, and develop specialists in sustainable finance over the next three years.

Apple plans to invest $250M to grow its campus in Singapore

Global technology firm Apple has announced new expansion in Singapore, with plans to invest over $250 million to grow its campus in Ang Mo Kio.

Singaporean fintech firm Seedflex raises seed funding from 500 Global

Seedflex Technologies (Seedflex), a Singapore-based fintech company, has raised seed funding from 500 Global to launch its proprietary shariah-compliant digital financing solution “Pay-As-You-Sell Advance™” (PAYS Advance) across Southeast Asia, starting first in Malaysia.

Coastal Sustainability Alliance invests $7.33M to advance maritime biofuel ecosystem in Singapore

The Coastal Sustainability Alliance (CSA), an industry collaborative effort led by Kuok Maritime Group (KMG), has on Tuesday announced its plans to advance the maritime biofuel ecosystem in Singapore with up to SGD 10 million ($7.33 million) in investments.

Softbank-backed Carro seeks valuation above $2B as it prepares for IPO- report

Carro is raising capital during one of the hardest possible times for fledgling firms. The Southeast Asia technology industry has been plagued by job cuts, CEO resignations and falling startup valuations, making it difficult for companies to debut on public markets.