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Malaysia’s Mosti Prioritizes Tech Innovation and Startup Ecosystem in its Annual Budget

AsiaTechDaily

Among these priorities is enhancing the startup ecosystem, marked by a desire for increased funding to nurture emerging entrepreneurs. To encourage greater EV usage, the government plans to establish 10,000 charging stations by 2025, aligning with the broader global push towards sustainable transportation solutions.

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Ola Electric raises $200 million at $3 billion valuation

TechCrunch

Together we will bring mobility to a billion and sustainability to the future,” said Bhavish Aggarwal, founder and chief executive of Ola, in a statement. In recent quarters, Aggarwal has urged New Delhi, and players in the industry, to evolve from using gasoline-powered vehicles and switch to those run by electric by 2025.

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4 Indian investors explain how their investment strategy has changed since 2021

TechCrunch

A hallmark of that spirit is quite visible these days in the country’s flourishing startup ecosystem, which has expanded rapidly in the past few years, to say the least. However, the global slowdown has impacted startups’ growth in the country, just like everywhere else in the world.

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PH venture investor Kickstart Ventures commits to expand investments globally

AsiaTechDaily

Committing to enabling startups When Kickstart was established in 2012, the Philippine startup ecosystem was at its nascent stage. Ambitious and promising startups abound, but none managed to scale as fast or as large as those in neighboring countries. on its first year.