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Singapore’s Cerebry raises $1M in seed funding led by Ascend Vietnam Ventures
Cerebry, a Singapore-based artificial intelligence (AI) edtech startup, has announced that it has raised a $1 million seed round led by Vietnam-based venture capital firm Ascend Vietnam Ventures (AVV). The funding round also saw participation from Pentathlon Ventures and strategic investors.
This Singapore-based insurtech firm offers unique microinsurance for ‘underserved’ groups including farmers, gamers & even your pets [Q&A]
In the interview, Mehta also shared about Igloo's plans and strategy after the fundraise last year. He also shared his views about the insurance industry in Southeast Asia, the challenges Igloo faces expanding in the region and the company plans to address these challenges, among others.
Bosch invests $384M for new semiconductor backend site for chips in Malaysia
Bosch, a global supplier of technology and services, has officially opened one of the Asia’s most advanced semiconductor backend sites in Penang of Malaysia for the final testing of its automotive chips and sensors. Until the middle of the 2030, Bosch intends to invest around EURO 350 million ($384.35 million) in the site.
Indonesia’s Bukalapak confident in turning profitable by the fourth quarter of 2023
Indonesian e-commerce company Bukalapak is more confident in delivering its long-term mission of turning profitable by the fourth quarter of 2023 after having posted six sequential quarters of adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) improvement.
Thailand’s HD secures investment from FEBE Ventures to fuel expansion into Vietnam
HD, the healthcare and surgery marketplace based in Thailand, has announced a significant investment from FEBE Ventures, a prominent venture capital firm based in Vietnam. This strategic partnership further strengthens HD’s position as the go-to platform for accessible and affordable healthcare services and elective surgeries in the Southeast Asia……
Malaysia Airports, Asia Mobiliti enter strategic collaborations with Google Cloud to enhance travel experiences in Malaysia
Google Cloud has on Tuesday announced strategic collaborations with Malaysian airports operator Malaysia Airports Holdings Berhad and mobility technology startup Asia Mobiliti, who are now adopting Google Cloud’s open data cloud to deliver sustainable, digital-first travel experiences.
Alpro Pharmacy partners GrabExpress for on-demand prescription medication deliveries in Malaysia
Malaysia’s prescription pharmacy chain Alpro Pharmacy has launched its door-to-door prescription medication delivery in partnership with GrabExpress, Grab Malaysia’s on-demand delivery service. The collaboration aims to provide the much-needed support for stay-alone elderlies, chronic-illness patients and parents of young children, who might find leaving…
Standard Chartered partners Ant Group to promote global sustainable development
Standard Chartered and Ant Group have entered into an agreement to deepen their partnership in driving green and inclusive finance, global fund management and sustainable development. Both parties will jointly contribute to tackling global issues such as climate change and ocean protection.
Why website personalization is key to winning in Southeast Asia’s e-commerce space
In #SoutheastAsia, website personalization based on a customer’s in-session attributes, such as location, device type, or browsing behavior, can help businesses tailor web content and functionality to the region’s diverse preferences and needs. Relevant and localized content can improve the customer experience and build trust across geographies, while…
US’s SEC declares effective for Vinfast and Black Spade merger
Vietnamese automaker VinFast Auto Pte. Ltd. (VinFast) and special purpose acquisition company Black Spade Acquisition Co (Black Spade) have announced that the U.S. Securities and Exchange Commission (SEC) has declared effective the registration statement of their proposed business combination.
