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Indonesia’s Elevarm secures $2.6M in seed funding to empower horticulture farmers
Funding round led by Singapore’s Insignia Ventures Partners, with participation from 500 Global and Gibran Huzaifah, CEO and Founder of eFishery.
Carsome reports first quarterly profit, “on track” to achieve first full-year profitability this year
Carsome has also marked another achievement in its growth trajectory, surpassing the sale of 500,000 cars since its inception in 2015. This milestone was achieved in just two years after crossing 100,000 cars in 2021. Last year, the group sold over 150,000 cars.
VinFast aims to expand authorized dealers to at least 120 by year-end
VinFast aims to become the leading car manufacturer in Vietnam, taking on established gasoline car brands. To achieve this, VinFast plans to further expand its national network of showrooms and authorized dealers to at least 120 by year-end.
Malaysia’s AI governance and ethics code framework at final stage, will be launched soon – report
The Ministry of Science, Technology and Innovation (MOSTI) has been working with Universiti Teknologi Malaysia and other representatives of government agencies, higher education institutions and industry players, to develop the framework.
Indian AgTech firm Superplum completes $15M Series A financing
Superplum, an Indian AgTech company, has announced the completion of its $15 million Series A financing. The round was led by the company’s incoming Chairman, Erik Ragatz, former Partner and current Senior Advisor of the global private equity firm Hellman & Friedman.
Ant International to expand business in Saudi Arabia
Ant International has inked a Memorandum of Understanding (MoU) with the Ministry of Investment of Saudi Arabia (MISA) to expand its business into the Kingdom.
AWS to invest additional $9B in Singapore cloud infrastructure by 2028
Amazon Web Services (AWS) has announced plans to invest an additional SGD 12 billion ($8.87 billion) into its existing cloud infrastructure in Singapore from 2024 to 2028 to meet growing customer demand for cloud technology and services in the country.
Japan’s EMURGO partners liquidity provider GSR to strengthen Cardano ecosystem
EMURGO, a Japan-based blockchain technology company that facilitates commercial adoption of the Cardano blockchain, has on Tuesday announced a strategic relationship with GSR, the global cryptocurrency trading firm and liquidity provider.
GXBank, Zurich Malaysia team up to offer insurance products in Malaysia
Grab-backed digital bank GX Bank Berhad (GXBank), Zurich General Insurance Malaysia Berhad and Zurich Life Insurance Malaysia Berhad, have jointly announced their ten-year exclusive bancassurance tripartite partnership to co-create micro protection products for underserved Malaysians.
The hidden secrets of building a successful ecommerce brand in Singapore
By leveraging niche opportunities, cultivating a compelling #brand identity, prioritizing customer satisfaction, and embracing innovation, founders can navigate the complexities of the #ecommerce landscape and build brands that resonate with consumers while achieving long-term success.
