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Deals in brief: Thailand’s APX and Malaysia’s LiveIn secure funding, multiple China and India deals, and more
Thailand’s APX Solutions secures fresh funding to launch Singapore and Malaysia operations in 2024
The Thailand-based logistics technology company has secured fresh funding from ADB Ventures to support the launch of its operations in Singapore and Malaysia in 2024. The funding round also saw participation from Orzon Ventures and WV Fund II, and is expected to close in early 2024.
According to APX Solutions, the funds will facilitate the enhancement of its logistics platform by integrating artificial intelligence and advanced analytics capabilities. The company is aiming to leverage the strategic positions of Singapore and Malaysia in the Asia Pacific to expand its customer base and tap into the potential of the regional market.
“We are enthusiastic about the transformative impact that APX brings to the logistics landscape. [Its] palletised model addresses the critical issue of…
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