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Temasek-backed ABC Impact secures first close of Fund II with support from new investors
Temasek-backed private equity firm ABC Impact has announced the successful first closing of its second impact fund, ABC Impact Fund II. Launched in August 2023, ABC Impact Fund II has garnered support from new investors, notably a Southeast Asian sovereign wealth fund.
A closer look at Warren Buffett-backed Chinese EV giant BYD’s plan in Malaysia
Besides BYD, several Chinese car makers such as Great Wall Motor, SAIC Motor and Geely have been expanding their footprint in Southeast Asia.
Rently launches Singapore’s property management platform
Rently, a Singapore based fintech startup with a mission to redefine the property industry, has officially announced its launch in Singapore. The firm is currently in the seed stage and will execute a Series A funding in the first quarter of 2024 to scale its operations, grow its footprint in the Singaporean rental market, and expand to other geographies.
Singapore-based agritech firm DayaTani secures $2.3M seed round financing
In a significant move towards transforming agriculturaltechnology in Indonesia, DayaTani, a farming focused agritech startup based in Singapore, has announced its successful acquisition of $2.3 million in seed round financing. The round sees participation by prominent venture capitalists namely KBI Investment and MDI Ventures backed Ascent Venture Group who…
Binance Thailand digital asset exchange opens for trading
Gulf Binance Co., Ltd. (Gulf Binance), the joint venture between Binance’s subsidiary and Gulf Innova Co. Ltd., is launching full operations of its digital asset exchange and brokerage platform in Thailand, Binance TH by Gulf Binance (Binance TH), making it accessible to the general public.
TrueMoney Malaysia now supports DuitNow QR
TrueMoney, a Malaysia-based e-wallet and digital payment platform under Ascend Money, a joint venture between The Charoen Pokphand Group (C.P. Group) and Ant Financial (Alibaba), has on Tuesday announced its enablement to pay with DuitNow QR.
Hong Kong’s HashKey raises nearly $100M in Series A financing round to accelerate product diversification
HashKey Group (HashKey), an end-to-end digital asset financial services group based in Hong Kong, has announced the completion of a Series A financing round of nearly $100 million at a pre-money valuation above $1.2 billion.
South Korea maps out $470B plan to build chipmaking hub – report
The government on Monday outlined a blueprint involving investment of 622 trillion won from the private sector in the years leading up to 2047.
Entrepreneurial evolution: Redefining business models at the forefront of pharmaceutical Innovation
As the #pharmaceutical industry continues to evolve, embracing community-centric approaches could be the key to addressing the pressing challenges of today's pharmaceutical landscape. #HealthTech #BigPharma
