Anjali Ghodvaidya

SGX-listed transportation company ComfortDelGro announced on Tuesday that it has acquired the UK-based ground transport management firm CMAC Group for around 80.2 million pounds ($100 million).

Bonnie Y Chan will take over as the new chief of Hong Kong Exchanges and Clearing (HKEX) on March 1, two months ahead of schedule.

INA has named Thomas Soegiarto Oentoro as the chief risk officer, while UBS has named Ben Sung as the head of corporate book for Southeast Asia.

A Reliance Industries-backed consortium is planning to launch an AI Model next month, while Uber is testing its “Store Pickup” feature in India.

Singapore-based mobile advertising platform Novosol has closed its Series B round at $10 million.

India-based furniture rental marketplace Rentomojo has raised around $25 million in its ongoing Series D and Series D1 funding round led by Edelweiss, according to a statement on Wednesday.

Singapore-based Seviora Capital has partnered with Temasek to jointly invest in late-venture and early-growth agri-food companies in the Asia Pacific

Wavemaker Impact has backed green assets financing platform Refy, while former Funding Societies executive Ishan Agrawal has launched Branch AI.

India-based transportation company Shadowfax has raised $100 million in its Series E funding round led by TPG, according to a statement.

The potential acquisition could be finalised within weeks and could have a share-swap agreement, the report said.