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A new investment through a green loan facility will help develop more renewable energy projects in Thailand, Indonesia, and Vietnam, with IFC's $64 million to Sermsang Palang Ngan Company Limited (SPN) aiming to address the region's growing energy demand.

IFC Green Loan to Help Boost Renewable Energy in Thailand, Indonesia,...

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In a significant development for the remittance sector, Netherland-based  TerraPay, a global cross-border payments network, has announced a strategic partnership with Qatar-based Alfardan Exchange. This collaboration aims to leverage TerraPay’s advanced digital payment infrastructure and Alfardan Exchange’s established presence in the industry, marking a pivotal moment in the evolution of cross-border remittance solutions.

TerraPay and Alfardan Exchange Join Forces

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Blue Planet Environmental Solutions, a Singapore based company that has established a fully integrated waste management enterprise has acquired Recycle Force Limited (RFL), Complete waste Management and recycling Specialists in Corby, Northamptonshire.

Blue Planet Acquires Recycle Force

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BW Digital and Citramas Group announced the signing of a memorandum of understanding for the joint development of a carrier-neutral digital ecosystem in Batam’s Nongsa Digital Park (NDP), Indonesia. This strategic partnership follows BW Digital’s acquisition of more than 55,000 square meters of land at the Citramas-owned Nongsa Digital Park in Batam, to build its inaugural data centre in South-East Asia and strengthen its Asia-Pacific digital infrastructure portfolio.

BW Digital and Citramas Group Forge Strategic Partnership

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Singapore’s Impact private equity fund ABC Impact announced that it has invested in Winnow, the global leader in AI-driven food waste reduction solutions. Winnow’s advanced technology and comprehensive analytics are trusted by large hospitality businesses such as hotels, contract caterers, and cruise ships operating in over 2000 sites and more than 70 countries worldwide. The Company is headquartered in London with offices in Singapore, Chicago, Dubai, and Cluj-Napoca.

ABC Impact Invests Undisclosed Funding in Winnow

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EduSpaze, Singapore’s leading edtech accelerator, welcomes six early-stage startups across the region into its well-established three-month accelerator programme. The latest batch of edtech startups aligns with the accelerator’s programme goal of supporting the development of innovative solutions that can improve the education landscape in Singapore and its region.

EduSpaze Announces Eighth Cohort to Support Edtech Startups

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Accenture has completed the acquisition of the business of media and marketing technology company Jixie. Jixie’s intelligent digital marketing platform and team will be integrated into Accenture to strengthen its marketing transformation capabilities and resources through Accenture Song – the firm’s tech-powered creative group—helping Indonesian clients deliver more personalized experiences to enhance customer engagement for sustainable business growth. Terms of the transaction previously announced on December 21, 2023, were not disclosed.

Accenture Completes Acquisition of Jixie

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Many Asian Startups raised Funding in various Funding rounds from Venture Capitalists and Angel Investors in Asia Pacific. Let's talk about Top 10 Asian Startups Funding Deals among them.

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

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In a significant boost to Malaysia's rapidly expanding 5G ecosystem, Ficus Capital, leading ESG Shariah Compliant VC, through its Ficus SEA Fund announced its strategic investment of RM2 Million (US$422k) in Simplify. This collaboration is set to supercharge the mission of making internet access universally accessible and sustainable, leveraging the country's impressive 80% 5G population coverage.

Simplify Raises US$422k Series B Funding

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NewSpace Research and Technologies (NRT) based in Bengaluru, designs and develops Persistent Drones for Earth Observation and Communications has secured $52 Million in a bridge Round. NRT received $33 Mn of equity from marquee investors and $19 Mn debt from SBI’s startup hub and SIDBI.

Newspace Secures $52 Mn in bridge Round

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