Singapore

Temasek-backed AI venture firm Xora Innovation appoints Eric Rosenblum as General Partner

Xora Innovation, an early-stage AI and deep tech venture firm backed by Singaporean state-owned investment firm Temasek, has appointed Eric Rosenblum as General Partner.

Singapore-headquartered ESR secures $850M to grow logistics, data centers

ESR, an Asia-Pacific-focused real asset owner and manager, has secured $850 million in additional equity capital from existing shareholders, strengthening its balance sheet and supporting its expansion strategy.

Singapore’s Velox Networks expands to Philippines

Velox Networks, a Singapore-based cloud telephony provider, has announced its expansion into the Philippines, marking its third Southeast Asian market after Singapore and Malaysia.

Malaysia unicorn Carsome, Singapore CarTimes, Japan JACCS formalise auto financing partnership

Malaysia-based Carsome Group Inc, Southeast Asia’s largest integrated car e-commerce platform, Singapore's CarTimes Group, and Japan's JACCS have reached a strategic auto financing partnership in Singapore.

Singapore healthtech startup injewelme raises $1.2m to advance AI monitoring technology

Catalytic Capital for Climate and Health (C3H), a catalytic investment vehicle of Temasek Trust, has led a US$1.2 million funding round in Singapore-based AI healthtech startup injewelme, C3H said in a press release on Wednesday.

Singapore AI startup OnSite raises $1.3M to solve construction inefficiencies

OnSite, a Singapore-based startup developing an AI-powered communication platform for the construction and facilities management industry, has raised S$1.7 million ($1.3 million) in a seed funding round.

Singapore’s private healthcare fragmentation spurs rise of integrated, tech-driven platforms [interview]

As digital transformation accelerates across industries, Singapore’s private healthcare sector is facing a critical bottleneck: while medical innovation and digital tools are advancing rapidly, the underlying infrastructure connecting providers, insurers, and patients remains fragmented.

India’s tech firm Wipro to acquire IT unit Mindsprint of Singapore’s agribusiness Olam for $291M, signs $1B deal

India's AI-power technology company Wipro will acquire Mindsprint, the technology subsidiary of Singapore's agribusiness Olam Group, for S$375 million ($291 million) cash, as part of a broader strategic partnership that includes a long-term digital transformation deal valued at over $1 billion.

E-commerce platform Carousell, Shopee-affiliated courier SPX Express expand delivery network

Carousell Singapore, an e-commerce platform, has expanded its delivery services through a partnership with SPX Express, a courier affiliated with e-commerce platform Shopee, providing additional options for users to send and receive secondhand items.

Singapore-based data center operator DayOne to invest $7B in Malaysia

Singapore-based data center developer and operator DayOne Data Centers will invest over MYR28 billion ($6.9 billion) in Malaysia by the end of 2026, as part of efforts to expand its data center operations and strengthen the country’s role as a regional digital hub.