Latest news and trends about tech

Supermom, a Singapore-based parenting networks, has on Wednesday announced the closing of its oversubscribed SG$8 million ($6.01 million) Series A fundraising, led by Qualgro, with participation from AC Ventures.

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has on Tuesday announced the launch of Apsara Developer Community, a new hub created to support global developers through an enhanced provision of diverse developer tools and resources.

Grab Company Ltd. (Grab Vietnam) and ZaloPay E-wallet have on Monday officially announced their collaboration to launch ZaloPay on the Grab app. Payment via ZaloPay is now available for almost all Grab app services, including transport, food and grocery, and parcel delivery.

Beyond joining the crowd of payments and financing, what we foresee is the need to focus on digitizing and automating the backend; specifically, procurement and supply chain management, especially so in the wake of Covid-19.

Bintai Kinden Corporation Berhad, a Malaysia-listed mechanical and electrical (M&E) engineering services specialist, is venturing in digital assets through its wholly-owned subsidiary Bintai Trading Sdn Bhd (BTSB) as part of the company’s treasury management while taking into consideration longer-term needs in business expansion.

Chintai, a Singapore-based blockchain platform-as-a-service (BPaaS) company, has signed a memorandum of understanding (MoU) with Passion Venture Capital (PVC) to forge closer collaboration between traditional finance and adoption of security tokens.

Singapore-based insurtech bolttech, has partnered with Thailand’s mobile network operator AIS, to deliver embedded protection services including mobile device switch and replacement services to AIS customers for the recently-launched AIS Care+ programme.

ICG, the global alternative asset manager, announced Monday that its Asia-Pacific Corporate team has completed its investment in Big Mama Seafood, a premium seasoning and condiment manufacturer located in Tong Yeong, South Korea.

Qritive, a Singapore-based healthcare artificial intelligence (AI) startup has on Monday announced that it has raised $7.5 million in a funding round led by MassMutual Ventures. The round was also supported by SEEDS Capital, the investment arm of Enterprise Singapore, and Exfinity Venture Partners.

Amplify Health, a Singapore-based health solutions provider, has on Tuesday announced the acquisition of AiDA Technologies (AiDA), a provider of artificial intelligence (AI) solutions to companies in Asia Pacific.