SaaS
Malaysia’s Catcha Digital acquires 51 percent stake in Nexible Solutions for $2.56M to expand into SaaS and AI sectors
Malaysia-based digital platform Catcha Digital Berhad has announced its entry into a share sale agreement to acquire a 51 percent interest in Malaysian software as a service (SaaS) firm Nexible Solutions Sdn Bhd (Nexible) for a cash consideration of MYR 11.38 million ($310 million).
3 Best practices for large-scale AWS migrations
Despite all the potential benefits of migrating to Amazon Web Services, the migration process itself can be very complex, especially if a company is moving hundreds of servers and apps and large amounts of data to #AWS. A company has to identify all dependencies between its apps, ensure the security of migrated data, and also calculate the migration cost…
Thailand’s Amity Solutions and its parent Amity Corp raise $60M Series C funding
Amity Solutions, a software and artificial intelligence (AI) business from Thailand, together with its parent company, Amity Corporation, have announced the completion of a $60 million Series C financing round.
Global Founders Capital and Insight Partners launch Singapore-headquartered SaaS firm Summit
Germany-based venture capital firm Global Founders Capital and United States-based investment firm Insight Partners have teamed up to launch Summit, a Singapore-headquartered software as a service (SaaS) company.
Rocketlane raises $24M in Series B funding co-led by 8VC, Matrix Partners India, and Nexus Venture Partners
Indian workflow automation platform Rocketlane has on Tuesday announced $24 million Series B funding round as it expands the opportunity for professional services teams with artificial intelligence (AI) capabilities.
India’s SingleInterface raises $30M in funding led by Asia Partners
SingleInterface, an India-based software as a service (SaaS) startup, has on Wednesday announced a $30 million financing in its first ever external fundraising round.The firm said in a statement that Asia Partners, a Singapore-headquartered growth equity investment firm, led the round.
Harnessing an inclusive future with generative AI in Southeast Asia
The GenAI era holds untold potential for the global economy and SEA looks set to gain a lot from it. While its diverse markets have their own journeys, there are encouraging signs and signals about their respective abilities to thrive in the dawn of the GenAI era. By embracing holistic strategies that focus on empowering its people with the technology,…
India’s Perfios raises $80M funding from Teachers’ Venture Growth
Perfios, an India-based business to business (B28) software as a service (SaaS) fintech company, announced Wednesday that Teachers' Venture Growth (TVG), the late-stage venture and growth investment arm of Ontario Teachers' Pension Plan Board (Ontario Teachers), will invest $80 million into the company.
VMware acquisition by Broadcom: Who benefits from the deal and what Southeast Asian businesses can do
The Broadcom acquisition of VMware shook the virtualization industry in #SoutheastAsia. While some see it as a mere shift of ownership, others fear price hikes, product cuts, and service quality decreases. This article analyzes the situation and potential scenarios and describes some actionable steps that businesses can take to navigate this turbulence.
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.
