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Seviora Holdings, a Singapore-based asset management group, wholly owned by Temasek, and Mubadala Capital, the wholly owned alternative asset management subsidiary of Mubadala Investment Company, today announced the signing of a Memorandum of Understanding (MOU) to establish a strategic partnership between both organisations.

Seviora Holdings and Mubadala Capital Establish a Strategic Partnership

Yan li - October 29, 2024 0
Loqate, a GBG solution, the leader in global address verification, today announced a strategic partnership with GrabMaps. This collaboration will see Loqate integrating GrabMaps’ extensive and high-quality location data for Malaysia into its platform, with plans to extend this partnership to Singapore, Thailand, the Philippines, and Indonesia.

Loqate Partners with GrabMaps to Enhance location Data Capabilities in Southeast...

Yan li - October 29, 2024 0
Gobi Partners led a strategic investment in DCAP Holdings Sdn Bhd (DCAP), a Malaysian FinTech company focused on promoting financial inclusion and mobility ownership for the underbanked.

Gobi Partners Invests in Malaysian Fintech DCAP Holdings

Yan li - October 29, 2024 0
M1 Limited (M1), a leading telecommunications provider in Singapore, announced today that it has signed an agreement to acquire a 70% stake in ADG National Investment and Technology Development Corp (ADG), a prominent Information Technology (IT) solutions provider based in Vietnam.

M1 To Acquire 70% Stake in Vietnam’s ADG

Yan li - October 29, 2024 0
India-based Zinc founded by PaySense cofounder and former PayU Credit CEO Prashanth Ranganathan has secured $25.5 Mn (about INR 214 Cr) in a seed funding round led by Nexus Venture Partners with participation from Quona Capital, EDBI, Global Ventures, and Saison Capital.

Edu-wealth Startup Zinc Secures $25.5 Mn Seed Funding

Yan li - October 29, 2024 0
Dubai Aerospace Enterprise (DAE) Ltd (“DAE”) announced that it had recently signed an agreement to acquire 10 aircraft for an aggregate consideration of approximately US$0.5 billion.

DAE Announces Portfolio Aircraft Acquisition and Managed Portfolio Transactions

Yan li - October 28, 2024 0
Singapore-based Supermom, Asia’s largest marketplace for parents and expecting moms, has secured S$18 million ($14 million) in Series B funding, led by Granite Asia with Hearst Ventures, Qualgro Partners, and AC Ventures joining. 

Supermom Secures $14 Mn in Series B Funding Round

Yan li - October 28, 2024 0
Vietnam’s conglomerate Vingroup has launched a US$150 million VinVentures capital fund to invest in technology startups in Vietnam and eventually expand to companies in regional markets, including Singapore, Indonesia, and the Philippines. 

Vingroup launches $150 Mn VinVentures Capital Fund

Yan li - October 28, 2024 0
Asian Startups raised capital in order to expand and move into more successful. Here is this week’s Top 10 Asian Startups Funding Roundup.

Funding Wrap of The Week | Asian Startups Funding Roundup |...

Yan li - October 26, 2024 0
Kumpulan Wang Persaraan (Diperbadankan) (“KWAP”) has completed its investment of RM219 million for a minority stake in Cyan Renewables (“Cyan“), Asia’s largest offshore support vessels owner and operator.

Malaysia-based KWAP Invests $50 Mn in Cyan Renewables

Yan li - October 25, 2024 0
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