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ProCredit, a Philippines-based small and medium-sized enterprise (SME) lender, closed a $4.1 million pre-seed round, led by Integra Partners. The round also saw participation from the Menardo Jimenez Family Office, M Venture Partners (MVP), Cento Ventures, Gobi Partners (Gobi-Core Philippine Fund), and several local angels.

VinFast, a Vietnam-based electric vehicle manufacturer, has officially broke ground on its first integrated electric vehicle (EV) manufacturing facility in the state of Tamil Nadu, India. The electric vehicle facility boasts a total initial investment of $500 million over five years, with a projected capacity of 150,000 vehicles annually.

NativeX, a Vietnam-based EdTech startup, has secured $4million in total funding within just eight months since its launch. The firm has raised $1.5 million from angel investors through SAFE instruments in June 2023, and it now completes its seed round for an additional $2.5 million.

Spark, Peak XV’s fellowship for female founders, has announced their latest cohort with 14 companies and 16 female founders. This cohort includes four companies building AI solutions in travel, fraud detection, wholesale trade and ecommerce.

Tenaga Nasional Berhad (TNB), a Malaysia-based energy company, is pioneering a bold step towards a sustainable future by committing to electrify 30 percent of its operational fleet by 2030 as part of an extensive carbon reduction strategy.

Malaysian clean energy solutions provider Gentari Sdn Bhd, through its subsidiary Gentari Green Mobility Sdn Bhd (Gentari), has launched Gentari Go, a customer experience platform offering an integrated sustainable lifestyle by unifying Gentari’s clean energy ecosystem.

Data sharing within applications serves as the lifeblood of modern organizations, facilitating seamless communication and enabling cross-functional workflows. Whether it's sharing data between departments to streamline operations or integrating third-party services to enhance functionality, the exchange of data fuels organizational growth and drives…

Yulu, India’s largest shared electric two-wheelermobility company, has on Friday announced the successful equity infusion of $19.25 million in its business. The funds have been raised via further issuance of shares to Yulu’s existing strategic investors Magna and Bajaj Auto Ltd.

British Malaysian Chamber of Commerce (BMCC) and the Malaysia Digital Economy Corporation (MDEC) have on Thursday announced the signing of memorandum of understanding (MOU) in a move to bolster digital trade and economic cooperation between the United Kingdom and Malaysia.

For global companies, rising economies represent an enormous growth opportunity, especially for digital businesses. Digital industries across the world have reached a plateau, with high levels of competition and user penetration.