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Alipay+ partners LankaPay to enhance digital travel experience to and from Sri Lanka

Alipay+, the payment platform of China-based Ant Group, announced Monday that it has partnered LankaPay, Sri Lanka’s National Payment Network, to enhance digital travel experience to and from Sri Lanka. The duo have recently signed an memorandum of understanding (MoU) towards enhancing inbound and outbound travel experience through cross-border digital…

Singaporean insurtech bolttech partners Three Sweden for device protection

Singapore-based insurtech, bolttech has on Monday announced its partnership with Three Sweden, an innovative telecommunications service provider based in Sweden, to offer comprehensive device protection solutions to customers both online and in-store. The partnerhip strengthens its existing collaboration with CK Hutchison Holdings (CKHH), building on other…

Peak XV’s Surge unveils ninth cohort

Peak XV’s rapid scale-up program Surge has on Monday launched its ninth cohort of early-stage startups featuring 32 inspiring founders across 13 startups. Surge’s curated community of startups now includes nine cohorts, 330+ founders and 140+ startups across 16+ sectors in less than five years.

Malaysia’s EPMB invests $21M for new EV car manufacturing facility in Melaka

Malaysia-listed EP Manufacturing Berhad (EPMB) has announced that it will invest MYR 100 million ($20.98 million) to build an automotive manufacturing facility in Melaka, Malaysia. This strategic move is part of EPMB commitment to establishing a manufacturing hub for energy-efficient vehicles (EEVs) and electric vehicles (EVs) in Malaysia, contributing…

Vietnam’s VinFast enters into $1B share sale agreement with Yorkville Advisors

VinFast Auto Ltd. (VinFast) on Friday announced that it has entered into a standby equity subscription agreement with YA II PN, Ltd.(Yorkville). The subscription agreement highlights that VinFast has the option, but not the obligation, to require Yorkville to subscribe for up to $1 billion of ordinary shares in VinFast at any time during the term of the…

Monetizing influence: Where fame meets fortune

As influencers master the art of monetizing their fanbase, they use various strategies, including social media advertising, brand partnerships, global events, and targeted SEOs to reach the world. The influencer culture continues to evolve using an array of techniques, shaping the digital landscape, fame, and global connections in the modern age.

Singapore’s Cosmos Innovation raises $19.7M in Series A round led by Xora Innovation, Temasek

Cosmos Innovation, an artificial intelligence (AI)-first company building next-generation perovskite silicon tandem (PST) solar cell technology, has on Thursday announced raising $19.7 million in total funding. The Series A round was led by Xora Innovation, an early-stage, deep-tech investment platform of Temasek, a global investment company headquartered…

Tuya Smart teams up with T3 Technology & SCG to elevate Thailand’s smart living ecosystem as part of driving digital economy and creative economy

The Tuya Innovation Roundatable (Asia Pacific) on Wednesday also came after Tuya Smart, which has primary listings in both New York and Hong Kong, announced a partnership agreement with SCG in August. Media representatives were also given the opportunities to experience "mind" smart home solution and some other IoT products and services developed by SCG.

Malaysia’s Plus partners Gentari to roll out modular, portable EV fast charging station with BESS at Behrang Lay-by

Malaysian expressway service provider PLUS Malaysia Berhad (PLUS) has partnered clean energy solutions provider Gentari Sdn Bhd to launch the electric vehicles (EV) fast charging modular and portable station with battery energy storage system (BESS), at the Behrang Lay-by (Northbound).

Patrick Grove-backed Proptech firm Sidespace seeks $1.6M funding

Patrick Grove-backed Proptech firm Sidespace is seeking AUD $2.5 million ($1.6 million) to disrupt commercial real estate. The firm is seeking the capital infusion from new and existing investors to fund its path towards AUD 12 million ($7.56 million) in annual revenue by 2026.