Vertical

MYEG partners Beitou IT Innovation to spearhead international digital identity credentials service on Zetrix blockchain

Malaysia's e-government services provider MY E.G. Services Berhad (MYEG) has teamed up with China's state-owned entity Guangxi Beitou IT Innovation Technology Investment Group Co., Ltd. (Beitou IT Innovation), to spearhead international digital identity credentials service on Zetrix blockchain.

CapitaLand Investment acquires logistics property in South Korea for $82.5M

Singapore-based real estate investment firm CapitaLand Investment Limited’s (CLI) has acquired a newly completed, Grade A logistics property in South Korea for SGD 112 million ($82.5 million). The acquisition was done through its flagship regional core-plus fund, CapitaLand Open End Real Estate Fund (COREF).

black and white vinyl record

The game changer for online retail in Asia: Digital shelf AI-driven analytics and beyond

A digital shelf analytics platform is crucial. In the context of #ecommerce, a digital shelf is the online version of product shelves at a brick-and-mortar store. It is a collection of digital experiences through which consumers discover, learn about, compare, and ultimately make purchases of products. Digital Shelf platforms provide #AI-powered insights…

IFC to invest up to $15M in Indonesia’s Tawada Healthcare

The International Finance Corporation (IFC) said on Monday that it will invest up to $15 million in IDR equivalent in PT. Tawada Healthcare (Tawada Healthcare) to support the company's medical device and consumables distribution business while also enabling it to expand its manufacturing operations.

Hong Kong’s Bowtie secures $34.9M Series B2 funding to fuel expansion and innovation

Bowtie, a Hong Kong-based virtual insurer, has announced the successful completion of a $34.9 million Series B2 funding round. The round was led by main investor Sun Life Hong Kong Limited, with further participation by Mitsui & Co., Ltd.

Malaysia’s Gentari rebrands WIRSOL Energy to officially commence operations in Australia

Malaysia-based clean energy solutions company Gentari has officially rebranded leading renewable energy solutions provider WIRSOL Energy on Tuesday, following the completion of its full acquisition in February 2023. With the rebranding, WIRSOL Energy will now be known as Gentari Solar Australia.

Singapore-headquartered SHEIN allocates additional $85M for global community empowerment

SHEIN, a global, integrated, fashion and lifestyle marketplace , announced Thursday that it is allocating an additional $85 million over five years towards initiatives that support the "Equitable Empowerment" pillar of its evoluSHEIN roadmap. This is in addition to $70 million already committed in April.

Kedaara Capital invests in Indian ed-tech firm K12 Techno Services

K12 Techno Services Private Limited (K12 Techno), a an education and technology services provider in India, has on Thursday announced an investment from Kedaara Capital, for a significant minority stake in the company.

Dubai’s Cultos Global Web3 venture secures investment from industry leaders

Cultos Global, a web3 venture headquartered in Dubai, has successfully secured an undisclosed sum in their ongoing funding round. The funds raised will primarily bolster the expansion of Cultos Global's product and engineering teams across the UAE and India as well as expanding its platform development by introducing several new innovative functionalities.

India’s Kae Capital announces the final close of its Winners Fund II at $50M

Kae Capital, an early-stage investing firm in India, has closed its Winners Fund II (KWF II), raising $50 million. Through KWF II, Kae is targeting to invest in 20 companies.