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Vietnam’s VinFast to focus on US, European EV markets before expanding in Southeast Asia
VinFast owns an automotive manufacturing complex that boasts up to 90 percent automation in Hai Phong, Vietnam. Capacity is 250,000 cars annually.
Will web3 interoperability fortify a unified metaverse ecosystem? [Podcast]
One of the toughest challenges hindering mainstream adoption of the Metaverse is the lack of uniformity and interoperability between multiple ecosystems. This challenge prevents the niche technology from serving the Metaverse community in a more seamless and user-friendly way.
Malaysia’s Exabytes partners with China’s Huawei Cloud to provide cloud-first smart solutions
Malaysia-based all-in-one business cloud, digital, and e-commerce solutions provider Exabytes said Monday it continues to expand its capabilities by establishing a partnership with Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia), offering cloud infrastructure-platform-and-software-as-a-service (IaaS, PaaS and SaaS) systems to boost the digital…
Malaysia’s TNG eWallet raises $168M funding led by Lazada
Touch ‘n Go Group announced Monday that TNG Digital Sdn Bhd (TNGD), the owner and operator of Touch ‘n Go eWallet, Malaysia’s largest eWallet company, has raised MYR750 million ($168.39 million) from its latest round of equity funding. This funding round was led by a new investment in TNG Digital by Lazada Group and a follow-on investment by TNG Digital’s…
Aspire partners with Know Your Customer to financially empower SMEs and entrepreneurs across South-East Asia
Aspire, an all-in-one finance operating system for growing businesses in Southeast Asia has joined forces with award-winning RegTech provider Know Your Customer to safely facilitate access to its financial products to underserved SMEs and entrepreneurs in the region.
Singapore’s CrediLinq raises $2.6M co-led by 1982 Ventures and White Venture Capital
CrediLinq, a Singapore-based artificial intelligence (AI) and machine-learning credit underwriting firm, has raised $2.6 million funding co-led by 1982 Ventures and White Venture Capital. The round was further supported by 500 Global, Sequoia Sprouts, Arkana Ventures, GK Plug and Play Indonesia, Sketchnote Partners, Boleh Ventures and EPIC Angels.
J&T Express celebrates Its fourth anniversary in Vietnam
Global logistics service provider J&T Express celebrates its fourth anniversary in Vietnam, marking four years of extensive expansion of its domestic network since its launch in Vietnam in July 2018.
Singapore’s HeveaConnect raises $7.1M Series A funding led by Provident, DeClout and HC management
HeveaConnect Pte Ltd (HC), a Singapore-based, agri-commodities platform company, announced Monday that it has completed its series A round led by Provident Capital Partners (Provident), DeClout Ventures (DeClout) and HC management. Proceeds from the investment will be used for working capital, technology development and continued business development in…
Singapore’s Omni HR raises $2.4M pre-seed funding from Alpha JWC Ventures and Picus Capital
Singapore-based human resource (HR) automation platform Omni HR announced Monday it has recently closed $2.4 million in an oversubscribed pre-seed funding round co-led by Alpha JWC Ventures and Picus Capital. The round also saw participation from FEBE Ventures, Basis Set Ventures, Ratio Ventures, and Frances Kang at Horizons Ventures.
Indian EdTech firm upGrad acquires Harappa Education for $38M
UpGrad, an India-based integrated higher EdTech firm has announced a merger with Harappa Education at a value of $38 million, to establish leadership in enterprise learning in India. Harappa will clock about $10 million in revenue this year.
