Ola Electric's e-scooter is displayed at the headquarters in Bangalore in 2021. The company is seeking to raise 55 billion rupees in an IPO.
Startups

SoftBank-backed Ola Electric set to become India's first EV listing

Profitability, competition woes cloud offering with investors cool to startups

25 June 2024
Vietnam's first tech unicorn, VNG, which turned 19 last year, has repeatedly postponed plans to list on the Nasdaq. (Photo by Lien Hoang)
Technology

Vietnam's VNG aims to earn majority of gaming revenue overseas by 2027

Online games still cash engine as startup expands AI, cloud divisions

24 June 2024
Suzuki will work with Tier IV to quickly commercialize self-driving minicars. (Source photos by Nikkei)
Automobiles

Suzuki to develop self-driving minicars by teaming with startup

Collaboration with Tier IV will help reduce development costs

17 June 2024
Synspective launches small satellites equipped with synthetic aperture radars and analyzes the information they collect. (Synspective)
Aerospace & Defense Industries

Japan defense startups draw interest from U.S. venture capital

Government push for stronger defenses seen accelerating industry's growth

16 June 2024
Eleven Israeli startups exhibited in a pavilion set up by the Israeli government at the Sustainable High City Tech Tokyo expo in May. (Photo by Takeshi Kumon)
Startups

From eels to EVs, Israel startups raise profile in Japan amid war

Growing international isolation has not deterred outreach to investors

15 June 2024
Sakana AI's anticipated funding round would value the startup at over $1 billion, achieving the fastest jump to unicorn status by a Japanese company. (Nikkei montage)
Artificial intelligence

Japan's Sakana AI by Google alums to become unicorn in under a year

Startup with evolution-inspired development model set to raise $125m this month

15 June 2024
Plastic waste often fouls Bali's renowned beaches. (Photo courtesy of Plastic Bank Indonesia)
Business trends

Indonesia's Bali tackles plastic waste with social enterprise

Canadian recycling platform works with businesses, benefits scavengers

9 June 2024
Kleiner Perkins, which is backing the new fund, previously invested in logistics robotics startup Dexterity. (Dexterity)
Startups

TSMC-backed U.S. fund targets chip, robotics, other hardware startups

VC Kleiner Perkins and Japanese trading house Sojitz among other investors

8 June 2024
Arthur Mensch's Mistral AI, based in France, is one of a growing number of AI unicorns based outside the U.S.
Technology

Nvidia, Google funding helps double AI unicorns to 37 in a year

Tech giants search for next OpenAI as investor focus shifts away from EVs

7 June 2024
Rabo's smart collars will soon be able to track the quality of sleep of cats that wear them. (Rabo)
Technology

Japan startups use AI to keep senior cats healthy

Technology offers greater insight into feline health, from sleep to pain

2 June 2024
Laborers work at a construction site in Ahmedabad, India: Infra.Market, an Indian construction materials company, hopes to cash in as the country expands its infrastructure budget.
DealStreetAsia

Indian construction unicorn raises $50m from MUFG-backed fund

Company looks to grab slice of country's growing infrastructure budget

29 May 2024
MarCoPay is a digital platform dedicated for sailors, strengthening niche services for them. (Photo by MarCoPay)
Finance

Philippine fintech app MarCoPay addresses seafarers' needs

Startup that began by offering farm equipment branches out

27 May 2024
Japan hopes innovation by startups will drive economic growth. 
Startups

Japan to address unfair startup contracts to breed more unicorns

Government to roll out standardized forms for negotiating with big firms

24 May 2024
GCash has over 90 million registered users and is accepted by more than 6 million restaurants, convenience stores and other businesses. (Photo by Yuki Fujita)
Finance

Philippine e-wallet GCash eyes evolution into all-in-one financial app

Tie-ups with Lazada and others offer expansion into consumer loans, insurance

24 May 2024
Fukuoka Growth Next is a startup hub for exchanging ideas and making connections.
Opinion

Japan can draw foreign startups by fostering community support

Information access remains key obstacle to capitalizing on interest in country

20 May 2024
Sumikama, a Japanese knife maker founded in 1916, plans to launch an e-commerce operation with the help of startup Omomuki. (Sumikama)
Food & Beverage

From Japanese knives to sake, startups open new doors for traditional crafts

E-commerce and tourism give small businesses a path to high-end markets

19 May 2024
The market for on-demand pet goods delivery apps is strong among young, urban professionals in China.
Startups

China-focused pet goods startup draws Zozo founder's fund as investor

Tokyo-based Onedot raises $13m from group including Maezawa Fund, Unicharm

18 May 2024
Vertex Holdings CEO Chua Kee Lock sees "strong potential" in Japan's startup ecosystem. (Nikkei montage/Source photos by Tsubasa Suruga)
Startups

Temasek's venture capital arm to launch first Japan-focused fund

Singapore's Vertex group plans to raise $65m, invest in software, 'deep tech' startups

17 May 2024
Grab credits a strong concert lineup in Singapore, visa-free arrangements elsewhere in Southeast Asia and an in-house translation function with lifting its earnings. (Photo by Ken Kobayashi)
Startups

Singapore's Grab lifts annual profit target on strong demand

Ride-hailing super app sees more upside as Chinese visitors return to ASEAN

16 May 2024
VNG is one of Vietnam's most successful startups, with a range of offerings from data centers to a chat app. (Photo by Reuters and VNG Corporation website)
Startups

Vietnam tech startup VNG becomes Nvidia cloud partner

U.S. giant expands role in Southeast Asian nation's AI, semiconductor sectors

15 May 2024
Lionsbot, a developer of cleaning robots based in Singapore, has expanded its production capacity to 4,000 units a year. (Photo by Tsubasa Suruga)
Startups

Singapore's industrial robot startups eye global markets

Backed by government, hardware makers grow amid labor crunch

13 May 2024
Malaysian Economy Minister Rafizi Ramli speaks to Nikkei Asia during an interview in Kuala Lumpur. (Photo by Norman Goh)
Interview

Malaysia aims to lure overseas venture capital to spur startups

Economy minister says such funding is key to sector's development

11 May 2024
Commuters on scooters and motorists wait for a traffic light to change at an intersection during a morning rush hour in Ho Chi Minh City. 
Technology

Vietnam's corruption crackdown stokes startup funding woes

Stock market officials among those affected by clampdown, fanning investor concerns

9 May 2024
Japanese manga such as "One Piece" have attained far-reaching popularity overseas. (Photo by Kyra Jaegar)
Media & Entertainment

Japan startup taps AI to quadruple English manga translations in 5 years

Investors pump $19m into startup Orange to expand manga's reach

7 May 2024
An IT engineer works at startup incubator in Singapore. The city-state is traditionally Southeast Asia's startup market. (File photo by Akira Kodaka)
Startups

Southeast Asia's startup fundraising lowest in over 5 years

Survey finds equity investment fell 41% on year in Q1 as funding winter persists

3 May 2024