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Press Release: Funding Societies Crosses US $3 Billion in SME Lending, Doubles Down Beyond Financing to Bolster Support for SMEs’ Needs
As the company expands across five countries in Southeast Asia, almost 100,000 SMEs have benefited from the access to financing.
- Categories
- Finance, Technology
- Region
- South Asia
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Asian Development Bank Joins GEAPP To Provide $35 Million For Energy Access And Transition In South And Southeast Asia
The Asian Development Bank (ADB) joined the Global Energy Alliance for People and Planet (GEAPP) to announce $35 million to help boost energy access and the energy transition in South and Southeast Asia.
- Categories
- Energy
- Region
- South Asia
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Edtech MindX Wants to Build ‘Little Silicon Valleys’ Across Vietnam
The startup’s goal is to create “small Silicon Valleys” across Vietnam, with educational centers that help prepare students of all ages for careers in tech.
- Categories
- Education, Technology
- Region
- South Asia
- Tags
- business education, edtech, youth
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Forge Ventures Leads US $1.5 Million Funding in Indonesian Supply Chain Tech Startup Baskit
Baskit aims to strengthen the traditional distribution chains of distributors and wholesalers with commercial support and technology.
- Categories
- Technology
- Region
- South Asia
- Tags
- startups, supply chains
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Indonesia Lowers Value-Add Tax on Electric Vehicles from 11% to 1%
Indonesia has lowered its value-add tax on battery-based electric vehicle sales.
- Categories
- Energy, Transportation
- Region
- South Asia
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Indonesian EV Battery Startup Swap Energy Raises $7.2 Million
Indonesia-based Swap Energy has raised about $7.2 million in a pre-Series A funding.
- Categories
- Energy, Technology, Transportation
- Region
- South Asia
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Malaysia’s Blueshark Launches Initiative to Accelerate Electric Motorcycles Adoption and Development
Malaysia Electric Vehicle Empowerment (MyEVE) has been created to accelerate the adoption and development of electric motorcycles in Malaysia.
- Categories
- Energy, Technology, Transportation
- Region
- South Asia
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Heritas, DBS Tackle ‘Severe Underfunding’ of Social Enterprises With New Impact Fund
The Asia Impact First Fund has hit a first close of US$20m and aims to support 10 to 15 companies.
- Categories
- Social Enterprise
- Region
- South Asia
- Tags
- venture capital