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Crypto industry veterans Nischal Shetty and Avinash Shekhar launch India’s crypto-INR perpetual futures exchange
Crypto industry veterans Nischal Shetty and Avinash Shekhar have on Wednesday announced the launch of their new venture, Pi42, India's first Crypto-INR Perpetual Futures Exchange. Pi42 aims to grow as the largest compliant crypto futures platform in the world.
SentinelOne completes acquisition of Indian cloud security startup PingSafe
SentinelOne, a global leader in artificial intelligence (AI)-powered security, has on Monday announced that it has completed its acquisition of Singapore-based cloud-native application protection platform (CNAPP) PingSafe, ushering in a new era of cloud security which it is in pole position to lead.
Solarvest partners CENTEXS, Huawei to unveil new wind turbine testbed and green energy gallery
Solarvest Borneo Sdn Bhd, a subsidiary of Malaysia-based clean energy expert Solarvest Holdings Berhad, has unveiled a new green energy testbed with the Centre for Technology Excellence Sarawak (CENTEXS) and Huawei Technologies (Malaysia) Sdn Bhd at CENTEXS’ Headquarters in Santubong, Kuching, Sarawak.
Wellness revolution: Vietnam’s Vinhomes creates landmark shift with in-home healing ecosystem
As digitalization propels us into a fast-paced world, Vinhomes, Vietnam’s largest #RealEstate developer, is venturing into uncharted territory with its innovative concept: healing begins at home. In the rapidly growing yet fragmented wellness industry, Vinhomes’ mega-complex Ocean City creates a turning point, bringing the power of comprehensive healing…
KPMG : global investment in fintech sinks to a five-year low of $113.7 billion across 4,547 deals in 2023
Global investment in fintech sank to a five-year low of $113.7 billion across 4,547 deals in 2023 as investors pulled back from making large deals amid concerns about stubbornly high interest rates, conflicts in Ukraine and the Middle East, falling fintech valuations, and the parched exit environment, KPMG said Tuesday.
KPMG : Singapore’s AI funding soars 77 pct to $481.21M in 2023 across 24 deals
Singapore's fintech sector has witnessed an extraordinary surge in funding for artificial intelligence (AI) technologies, despite a global downturn in fintech investments, KPMG said Tuesday. The AI fintech funding in Singapore skyrocketed to an impressive $333.13 million in the second half of 2023, marking a significant 77 percent increase from the $148.08…
MAVCAP appoints veteran business leader Ter Leong Yap as chairman
Malaysia Venture Capital Management Berhad (MAVCAP), has appointed Ter Leong Yap as its new Chairman, effective December 15, 2023. Ter joins its family with a wealth of experience through his current roles as the Founder and Executive Chairman, Sunsuria Group.
KPMG : Asia Pacific region sees fintech investment fall more than 75 percent
It was a challenging year for fintech investment in theAsia Pacific (ASPAC) region, as it sees its fintech investment fall more than 75 percent, KPMG said Tuesday. According to its Pulse of Fintech report, the region saw $10.8 billion in investment across 882 deals in 2023, compared to $51.3 billion across 1,537 deals in 2022.
India’s Swirl secures $1.1M in seed funding round led by Shastra VC
Indian live commerce software as a service (SaaS) Swirl has raised $1.1 million in a seed round led by Shastra VC and other renowned Angel Investors. The round also saw participation from accomplished angel investors spanning India, Middle East, and United States.
Japan’s Reazon invests in Validus Vietnam
Japanese information technology firm Reazon Holdings has announced the successful closing of its investment in VGrowth Development Co. Ltd. (Validus Vietnam), which is the Vietnamese subsidiary of Validus Investment Holdings Pte. Ltd. (Validus Group).
