Latest news and trends about tech
Korean Air selects NASDAQ-listed satellite communications firm Viasat’s inflight broadband service
Under the agreement, the Korean flag carrier has selected Viasat’s inflight broadband solution for its upcoming fleet of Airbus A321neo aircraft.
500 Global closes $143M across early-stage & growth vehicles for Southeast Asia; ropes in Khazanah, KWAP & EPF as LPs
Limited partners (LPs) across its early-stage and growth investment vehicles include a sovereign wealth fund, public and private pension funds like Khazanah Nasional Bhd, Kumpulan Wang Persaraan (Diperbadankan) [KWAP], and Employees Provident Fund (EPF).
Singapore’s talent recruitment firm Glints’ revenue hits record highs; up 85% y-o-y, gross profits up 110%
Glints announced in December last year it is reducing its team size and retrenching some of its staff.
Josys raises $93M Series B to drive expansion & revolutionize global IT operations
Global Brain and Globis Capital Partners led the latest infusion of capital, bringing its total funding to $125 million.
India’s IndoSpace raises additional $150M investment led by Qatar Investment Authority, Grosvenor’s Diversified Property Investments
IndoSpace, the largest investor, developer, and operator of grade A industrial and logistics real estate in India, has announced the successful completion of its second round of fundraising for IndoSpace Logistics Parks IV (ILP IV), securing an additional USD 150 million in investment.
Grab-led digibank GXBank becomes first to get Malaysia central bank’s approval to commence operations
GXBank has completed an operational readiness review and has been approved to commence operations effective Sept 1, 2023.
Bridging the digital divide: Empowering SMEs to thrive in the digital age
Regardless of a business's scale or digital literacy, the future of #Singapore's business ecosystem hinges on collective efforts toward a more digitally inclusive landscape, one where SMEs thrive and contribute to a brighter, digitally empowered tomorrow. #DigitalTransformation
China’s Ant Group brings Alipay+ to the Philippines with 3 new mobile wallets – AlipayHK, Kakao Pay, Touch ‘n Go eWallet
The acceptance of three new mobile wallets, via Alipay+, comes as travellers return to the Philippines.
Vynn Capital announces partnership with Marubeni Malaysia to drive innovation & growth
The partnership brings together Vynn Capital's local network in the Southeast Asia region and expertise in identifying and nurturing promising startups and Marubeni Malaysia's extensive network and deep industry knowledge.
Singapore’s iMin Technology raises $5M in Series Pre-A funding led by Yonghua Capital
iMin Technology has also launched the iMinKit Mobile Device Management (MDM) platform. This platform caters to various business partners, ranging from food delivery services to digital payment platforms and SaaS companies in the F&B and retail sectors.
