Latest news and trends about tech
Indian venture capital firm Java Capital announces final close of fund at $6M
Java Capital, an India-based deep tech venture capital fund, has on Tuesday announced the final close of INR 50 crore ($6 million) fund. The fund has seen participation from established founders from the Indian startup ecosystem, high net worth individuals (HNIs) based in India, Middle East and the United States.
TrustBridge Forum: Bridging Trust and Value for a Connected Digital Future
TNGlobal, in partnership with Ant Group Digital Technologies, is thrilled to announce the #TrustBridge Forum, scheduled for November 15, 2022, at the prestigious Park Avenue Changi Hotel in Singapore. The forum is dedicated to exploring the synergies between #AI and #Web3, focusing on the pivotal role of trust and value creation in our exponentially…
AirAsia parent Capital A to list brand management business on NASDAQ via SPAC deal
The proposed business combination will be at an indicative equity value of $1 billion based on an independent valuation of the AirAsia Brand.
Japan’s Mitsui invests $58M in ADA via Axiata Digital, valuing ADA at $550M
Following the investment, Mitsui’s stake in ADS will increase from 3.29 percent to 20 percent, resulting in an effective 12.69 percent stake in ADA.
Indonesian pet health and nutrition company secures new funding led by East Ventures
Compawnion, an Indonesian pet food company, has secured a new funding led by East Ventures, a sector-agnostic venture capital firm in Indonesia and Southeast Asia. The fund will be allocated to accelerate their distribution, research and development initiatives, broaden the company’s product portfolio, and effectively reach a larger demographic of pet…
Funding Societies raises $7.5M in debt from Norfund
Funding Societies | Modalku, the largest unified small and medium enterprises (SME) digital finance platform in Southeast Asia, has on Thursday announced that it has raised $7.5 million in debt from Norfund, a Development Financial Institution (DFI) which operates an investment fund owned by the Norwegian government for developing countries.
Singapore’s SPH Media to acquire tech media firm Tech in Asia
Financial terms of the transaction will not be disclosed.
NTT DATA gets contract from Singaporean government to provide data platform for EV
NTT DATA Singapore (NTT DATA), a unit of the Japan-based telecommunications firm NTT Group, has announced a groundbreaking partnership with electric vehicle (EV) ecosystem orchestrator EV-Electric Charging Pte Ltd. (EVe), a subsidiary of the Land Transport Authority (LTA). NTT DATA will provide an innovative data platform, bolstering EVe's mission to deploy…
MoMo integrates payment solution into the Grab app
MoMo, Vietnam’s fintech unicorn, and Grab Vietnam have on Wednesday announced the integration of MoMo’s payment solution into the Grab app. This partnership aims to provide users with a secure and hasslefree cashless payment experience. Also, it allows the two brands to become more integrated in the everyday life of local consumers.
Singapore’s VE Technology raises $21.9M in funding led by Mox Capital
VE Technology Group, a Singapore-based enterprise tech ecosystem, has announced a SGD 30 million ($21.9 million) funding round led by alternative investments think-tank Mox Capital. The firm will be utilizing this fresh injection of funds to expand into neighboring Southeast Asian markets, in preparation for an upcoming initial public offering (IPO) listing…
