With an impressive list of home-grown startups like Grab, ReferralCandy and 99.co, the island nation is also considered as the best place to start a new business.
The blockchain technology, which was being viewed as skeptical in the past, is now beginning to move past cryptocurrencies to the companies in diverse sectors
The global investment company recently acquired Sygnia, an Israeli cyber technology company providing high-end consulting and incident response support for organizations worldwide
Grab has raised more than $6 billion in funding this year, with the latest rounds of funding from Chinese ride-hailing firm Didi Chuxing and Toyota Motor Corp
In addition to funding, a joint venture between SBI and AntWorks was also announced to tap the opportunities in the emerging AI space in South-East Asia.
The recent funds will be channeled towards growing the team base, exploring new business verticals and developing more healthcare solutions from this year onwards.