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Singapore’s dtcpay raises $16.5M in Pre-Series A funding round led by Kwee Liong Tek
Dtcpay, a Singapore-based digital payments platform, on Wednesday announced it has raised $16.5 million in a pre-Series A funding round. Singapore's conglomerate family business owners and Pontiac Land Group Chairman Kwee Liong Tek led this round.
India’s Digantara raises $10M is Series A1 funding led by Peak XV Partners and Kalaari Capital
Digantara, an India-based space situational awareness (SSA) company, announced Tuesday that it has raised $10 million in a Series A1 funding round to further develop its revolutionary Space-Mission Assurance Platform (Space-MAP).
Monetary Authority of Singapore proposes standards for digital money
The Monetary Authority of Singapore (MAS) has on Wednesday published a whitepaper proposing a common protocol to specify conditions for the use of digital money such as central bank digital currencies (CBDCs), tokenized bank deposits, and stablecoins on a distributed ledger.
MYStartup partners Maxis, Petronas, Cyberview and airasia academy to support Malaysian startups
MYStartup, an initiative by the Ministry of Science of Technology and Innovation (MOSTI) and Cradle Fund Sdn Bhd (Cradle), has partnered with Malaysian firms Maxis, Petroliam Nasional Berhad (Petronas), Cyberview and airasia academy to foster growth in Malaysia’s startup ecosystem.
GoTo-backed Go-Ventures rebrands as Argor; raises $240M
GoTo-backed investment firm Go-Ventures has rebranded as Argor Capital Management Pte. Ltd. (Argor) and closed its second flagship venture fund at $240 million.
Funding Societies introduces Shariah-compliant Guaranteed Islamic Investment Note in Malaysia
Following the launch of its comprehensive Islamic financing solutions recently, Funding Societies, the Singapore-based unified small and medium sized enterprise (SME) digital finance platform, has introduced its Guaranteed Islamic Investment Note (GN-i) in Malaysia.
Without secured remote connectivity, most enterprises aren’t fully ready to tackle IT challenges hybrid work brings
While hybrid work is already largely considered normal, the report makes it clear that modern platforms are better at coping with the demands and challenges around user support in tandem with the current realities of #IT talent supply. While a remote connectivity platform can represent a transformative solution, I believe it is also a necessity for…
Grab plans biggest job-cut round since pandemic – report
Last month, Grab said it is ‘on track’ to achieve breakeven by the fourth quarter after its losses narrowed in the first quarter.
Lenovo invests $1B to advance AI infrastructure solutions
Chinese multinational technology company Lenovo has announced its plans to invest $1 billion over three years in the expansion of infrastructure solutions to accelerate the artificial intelligence (AI) deployment for businesses around the world.
Google Cloud appoints Mark Micallef to lead its Southeast Asia business and advance regional AI momentum
Global cloud computing services provider Google Cloud has on Monday announced the appointment of Mark Micallef as Managing Director of its business in Southeast Asia.
