Vertical

Turno, an India-based electric vehicle (EV) distribution and financing company, has raised $6 million as an extension to its Series-A funding. The round was co- led by British International Investment (BII), the United Kingdom’s development finance institution and impact investor, Quona Capital, Stellaris Venture Partners and B Capital.

Google announced Thursday that it has committed an investment of $2 billion in Malaysia, including the development of its first Google data center and Google Cloud region to meet the growing demand for cloud services locally and around the world, and artificial intelligence (Al) literacy programs for Malaysian students and educators.

#CoWorking spaces act as a solution to negate the negative working culture and the inflexible work-life balance by providing amenities and services that allow the employees to thrive. Consequently, this results in an increase in employee productivity levels as well as job satisfaction.

The Innovate UK Global Incubator Program, a collaborative initiative between Singapore Deep Tech Alliance (SDTA), Better Earth Ventures (BEV), and Innovate UK, has returned to Singapore to boost clean tech ventures.

MOVE Digital, the digital arm of Malaysia-based Capital A, saw its revenue fell 18 percent year on year to MYR 130.2 million ($27.68 million) in the first quarter. The drop was mainly attributed to decline in sale of AirAsia flights due to heightened price competition in the online travel agency (OTA) landscape, and the cessation of commissions from sales…

As #blockchain technology matures and becomes simpler to use, we can expect its adoption in sports #gaming to accelerate. More platforms and industries will embrace the use of #NFTs, #SmartContracts, and decentralized systems to enhance user experiences and create new revenue models.

Malaysian conglomerate Sunway Group (Sunway), technolgy firm Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia), and electric vehicle charging solutions firm ChargeHere EV Solution Sdn Bhd (ChargeSini) have teamed up to expand EV charging infrastructure in Malaysia.

Malaysia's Prime Minister Anwar Ibrahim said Tuesday that the government will allocate at least MYR 25 billion ($5.3 billion) in fiscal support to operationalize the three phases National Semiconductor Strategy (NSS) with targeted incentives.

Malaysia’s fintech firm Curlec by Razorpay has announced its partnership with TNG Digital, the operator of TNG eWallet. Directly integrated with the TNG eWallet enables Curlec to work collaboratively to empower underserved markets to improve financial accessibility for merchants and consumers nationwide.

Aspire, a finance platform headquartered in Singapore, has on Wednesday announced that the company has successfully obtained a money service operator (MSO) license issued by the Hong Kong Customs and Excise Department.