Breaking News
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India’s Ultraviolette raises $85 M to scale EV production and expand overseas
Indian electric motorcycle manufacturer Ultraviolette Automotive has secured $85 million in fresh funding, with Yali Capital and TDK Ventures leading…
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Thailand’s Lakeshore Capital closes $305 M Fund III to back Mekong mid-market deals
Thailand-focused private equity firm Lakeshore Capital has secured $305 million for its third flagship fund, reaching its hard cap and…
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Alpha JWC increases stake in Indonesia’s Kopi Kenangan in ongoing funding round
Early-stage investor Alpha JWC, an early backer of Indonesian coffee chain Kopi Kenangan, has increased its investment in the company…
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US tungsten producer Elmet to acquire 4.99 percent stake in Vietnam’s MSR for $124.75 M
US tungsten producer The Elmet Group, which received a $450 million investment from the US Department of War in mid-September,…
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Hong Kong’s fintech TROOPS to invest $12 M in new Southeast Asia AI-infrastructure unit
Hong Kong-based money-lending and property group TROOPS, which is listed on Nasdaq, plans to invest $12 million in establishing a…
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Ofiniti to acquire ZeroNorth’s eBDN business in Singapore expansion
Maritime technology company Ofiniti has reached an agreement to acquire ZeroNorth’s electronic bunker delivery note (eBDN) business, including Singapore-based BTS…
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Nutanix acquires Ryax Technologies to strengthen AI infrastructure orchestration
Nutanix has acquired French AI infrastructure startup Ryax Technologies as it looks to expand its capabilities for GPU utilisation, workload…
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Malaysia’s 3cat raises $4 M Series A funding to enter Philippines
Malaysia-based pre-owned electronics platform 3cat has secured $4 million in Series A funding in a round led by Foxmont Capital…
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Nexstrom raises $12 M Seed funding to scale 2D semiconductor platform
Singapore-based semiconductor startup Nexstrom has secured $12 million in seed funding in a round led by Xora Innovation, with Foothill…
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Bonbon Mobility raises $500K Pre-seed round led by Tasco
Vietnamese automotive services platform Bonbon Mobility has secured $500,000 in pre-seed funding in a round led by Vietnamese conglomerate Tasco,…
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