Ifvex

Ifvex

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2025-04-22 04:52:44 -

Singapore’s Groundup.ai bags $4.25M in Series A funding led by Tin Men Capital
Groundup.ai, an industrial Al expert in machine maintenance and workplace safety Al solutions, announced Monday a close of its US$4.25m Series A funding round. The round was led by local venture capital firm Tin Men Capital, with continued support from Wavemaker Ventures, the early-stage fund of Wavemaker Partners, who also invested in the company’s earlier funding stages and...

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2025-04-22 04:51:03 -

Zero-Knowledge Proofs: The key to privacy and safety in crypto?
The rise of cryptocurrency has been nothing short of explosive. By the end of 2024, the global crypto market capitalization surpassed $2.5 trillion. However, alongside this meteoric rise, there has been an equally alarming increase in crypto hacks, resulting in losses of up to $14 billion. In 2025 alone, the industry saw its largest ever breach when globally renowned crypto exchange Bybit was...

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2025-04-22 04:49:02 -

MAS’ experts panel proposes ways to enhance technology resilience
The Monetary Authority of Singapore’s (MAS) Cyber and Technology Resilience Experts (CTREX) Panel has proposed ways to enhance technology resilience and tackle emerging threats. MAS said in a statement on last Friday that the key insights and recommendations from the panel recent meeting include adopting a service-centric approach to strengthen operational resilience; addressing...

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2025-04-22 04:46:48 -

Malaysia’s U Mobile transfers merchant acquiring business GoBiz to NTT DATA
Malaysia’s Next Gen 5G network provider U Mobile has entered into a strategic agreement to transfer its merchant acquiring business, GoBiz, to NTT DATA Cardpay, a subsidiary under NTT DATA Payment Services Sdn. Bhd. (formerly known as GHL Systems Berhad). U Mobile said in a statement on Monday that this move will enable U Mobile to further strengthen its resources to drive 5G enterprise...

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2025-04-22 04:42:54 -

Singapore’s Keppel secures $1.53B new funding for its flagship funds
Singapore’s asset manager and operator Keppel Ltd. has secured close to S$2 billion ($1.53 billion) of capital commitments from global institutional investors for its Keppel Data Center Fund III (KDCF III), Keppel Education Asset Fund II (KEAF II) and Sustainable Urban Renewal (SUR) strategy, representing approximately S$4.9 billion ($3.74 billion) in Funds under Management (FUM). Keppel...

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2025-04-22 04:40:10 -

Indonesia’s Eratani secures $6.2M in Series A funding led by Clay Capital
Indonesian agricultural technology company Eratani has successfully raised $6.2 million in a Series A funding round led by Clay Capital. The round also saw participation from TNB Aura, SBI Ven Capital, AgFunder, Genting Ventures, and IIX, Eratani said in a statement on last Thursday. The raise underscores investor confidence in Eratani’s ability to transform Indonesia’s rice...

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2025-04-21 13:44:43 -

DNB, Ministry of Digital, MDEC, Maxis lead EmpowerHER Digital Program to bridge gender digital divide in Malaysia
Digital Nasional Berhad (DNB), in collaboration with the Ministry of Digital, the Malaysia Digital Economy Corporation (MDEC) and Maxis Berhad, have on last Friday led the second instalment of the EmpowerHER Digital Program, a national initiative dedicated to equipping B40 women with critical digital, financial, and entrepreneurial skills to thrive in the digital economy. DNB said in a...

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2025-04-21 13:39:54 -

Malaysia’s digital third-party administrator HealthMetrics launches in Indonesia
HealthMetrics, a Malaysia-based digital third-party administrator (TPA), announced the official launch of HealthMetrics Indonesia – uniting the longstanding expertise of Across Asia Assist Indonesia (AAA) with its advanced digital infrastructure to create a single, integrated digital TPA powerhouse poised to transform healthcare administration in Indonesia and Southeast Asia....

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2025-04-21 13:36:08 -

Singapore organizations double down on AI but face growth challenges due to skills gap: Autodesk research
Singapore organizations double down on artificial intelligence (AI) but face growth challenges due to skills gap, Autodesk research showed Monday. The study also finds that despite ongoing geopolitical and economic uncertainty, the majority of business leaders in Singapore are investing in AI, technology advancement, and sustainability across all industries, with efforts to overcome a...

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2025-04-18 06:08:49 -

Indonesia’s Populix raises $4.3M in Series B funding led by MSW V Asia Fund X
Populix, an Indonesian tech-based research company, announced Tuesday it has secured $4.3 million in the first close of its Series B funding round. The investment was led by MSW V Asia Fund X, with participation from existing investors Intudo Ventures, Altos Ventures, and Acrew Capital, Populix said in a statement. Through the Series B funding received, Populix said it is committed to...

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2025-04-18 04:49:29 -

Yiren Digital partners AG Network to deliver AI-driven financial solutions across Indonesia
Yiren Digital Ltd., an artificial intelligence (AI)-powered platform providing financial and lifestyle services in China, has announced the formation of a strategic joint venture with PT. Pinjaman Kemakmuran Rakyat (klikUMKM) and PT. Artha Digital Investama, member of Artha Graha Network (altogether AG Network), to deliver AI-driven financial solutions across Indonesia. Yiren Digital said in a...

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2025-04-18 04:41:46 -

FancyTech eyes expansion into Indonesia to drive global AI content growth
Global artificial intelligence (AI) firm FancyTech is eyeing expansion into priority markets, especially Indonesia, following its B+ funding round. The firm said in a statement on Wednesday that the round is co-led by GSR Ventures and Zhilin Capital, with previous backers, including DCM, reaffirming their commitment to further develop FancyTech’s AI-driven content platform. The company...

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