Latest news and trends about tech

Crypto industry veterans Nischal Shetty and Avinash Shekhar launch India’s crypto-INR perpetual futures exchange

Crypto industry veterans Nischal Shetty and Avinash Shekhar have on Wednesday announced the launch of their new venture, Pi42, India's first Crypto-INR Perpetual Futures Exchange. Pi42 aims to grow as the largest compliant crypto futures platform in the world.

SentinelOne completes acquisition of Indian cloud security startup PingSafe

SentinelOne, a global leader in artificial intelligence (AI)-powered security, has on Monday announced that it has completed its acquisition of Singapore-based cloud-native application protection platform (CNAPP) PingSafe, ushering in a new era of cloud security which it is in pole position to lead.

Securities Commission Malaysia introduces the FSA approach to gatekeeping

The Securities Commission Malaysia (SC) has on Tuesday introduced the Focused Scope Assessment (FSA) for new eligible Capital Market Intermediaries (CMIs) and Recognized Market Operators (RMOs). The FSA, which takes effect immediately via amendments to the guidelines on recognized markets, is part of the regulator’s new gatekeeping approach in light of the…

Solarvest partners CENTEXS, Huawei to unveil new wind turbine testbed and green energy gallery

Solarvest Borneo Sdn Bhd, a subsidiary of Malaysia-based clean energy expert Solarvest Holdings Berhad, has unveiled a new green energy testbed with the Centre for Technology Excellence Sarawak (CENTEXS) and Huawei Technologies (Malaysia) Sdn Bhd at CENTEXS’ Headquarters in Santubong, Kuching, Sarawak.

Wellness revolution: Vietnam’s Vinhomes creates landmark shift with in-home healing ecosystem

As digitalization propels us into a fast-paced world, Vinhomes, Vietnam’s largest #RealEstate developer, is venturing into uncharted territory with its innovative concept: healing begins at home. In the rapidly growing yet fragmented wellness industry, Vinhomes’ mega-complex Ocean City creates a turning point, bringing the power of comprehensive healing…

East Ventures and Kadin Indonesia launch free web-based greenhouse gasses calculator

East Ventures and The Indonesian Chamber of Commerce and Industry (Kadin Indonesia) have on Tuesday launched ECOVISEA, which stands for Emission Calculator & Visualization Southeast Asia.

KPMG : global investment in fintech sinks to a five-year low of $113.7 billion across 4,547 deals in 2023

Global investment in fintech sank to a five-year low of $113.7 billion across 4,547 deals in 2023 as investors pulled back from making large deals amid concerns about stubbornly high interest rates, conflicts in Ukraine and the Middle East, falling fintech valuations, and the parched exit environment, KPMG said Tuesday.

India’s Khyaal raises $4.2M in funding co-led by co-led by 62Ventures, SVQuad, Inventus Capital

Khyaal, an Indian app for senior citizens, has raised $4.2 million in a seed funding round. The round was co-led by 62Ventures, SVQuad, and Inventus Capital. Glen Tullman, Kanwal Rekhi, Raju Reddy, and Raj-Ann Gill, were also among the distinguished entrepreneurs and investors who participated in this round.

KPMG : Singapore’s AI funding soars 77 pct to $481.21M in 2023 across 24 deals

Singapore's fintech sector has witnessed an extraordinary surge in funding for artificial intelligence (AI) technologies, despite a global downturn in fintech investments, KPMG said Tuesday. The AI fintech funding in Singapore skyrocketed to an impressive $333.13 million in the second half of 2023, marking a significant 77 percent increase from the $148.08…

MAVCAP appoints veteran business leader Ter Leong Yap as chairman

Malaysia Venture Capital Management Berhad (MAVCAP), has appointed Ter Leong Yap as its new Chairman, effective December 15, 2023. Ter joins its family with a wealth of experience through his current roles as the Founder and Executive Chairman, Sunsuria Group.