Latest news and trends about tech

Bukalapak and Standard Chartered launch digital banking service in Indonesia

Indonesia e-commerce firm Bukalapak and global bank Standard Chartered have officially launched BukaTabungan, a digital banking service that leverages the reach of Bukalapak’s all-commerce platform and the technology of nexus, a banking-as-a-service (BaaS) solution powered by Standard Chartered.

India’s PurpleTutor raises $1.25M Series A round to strengthen product offering

PurpleTutor, an Inda-based startup focusses on artificial intelligence (AI) based live classes, has recently raised Rs 10 crore ($1.25 million) in its Series A round. The round saw participation from Disruptors Capital, IvyCap Ventures, Arjun Malhotra (Co-Founder, HCL) and others.

Rethink customer experience in a digital-first world with intelligent data management

Intelligent data management -- one that is cloud-native and powered by artificial intelligence and machine learning -- is key to retailers' better understanding and serving their customers.

Korea’s Naver Z joins hands with Thailand’s True to power metaverse ecosystem in Thailand

Naver Z, affiliate of South Korea-based internet giant Naver Corp., announced Thursday that the company has signed a memorandum of understanding (MoU) with Thailand's biggest communications conglomerate True Corporation to build a global metaverse hub for creators.

Japan’s oVice raises $32M Series B funding led by multiple investors

oVice, a Japan-based virtual office platform, announced Wednesday a 45 billion yen (around $32.5 million) Series B funding round led by a group of Japanese and overseas investors. The investment puts the company's total raised capital at $45 million.

Tencent, Sony buy 30.34 percent stake in Japan’s FromSoftware for $260M

Hong Kong-based Tencent Holdings Limited and Japan-based Sony Group Corporation have acquired 30.34 percent stake in Japanese game developer FromSoftware for 36.4 billion yen ($259.48 million).

Singapore’s Carro achieves profitability in FY22 as revenue more than doubles

Singapore-based online used car retailer Carro achieved profitability in its last financial year (FY2022) as its revenue more than doubled to S$650 million ($463.49 million).

Singapore awards Taiwan’s Gogoro sandbox pilot

Gogoro Inc, a Taiwan-based battery swapping ecosystems provider announced Thursday that Singapore’s Land Transport Authority (LTA) has awarded it with a sandbox pilot to deploy and validate battery swapping as a means for next generation smart mobility. The firm is kicking off its sandbox pilot by partnering with Jardine Cycle & Carriage, a diversified…

Declout Ventures leads $4.5M investment in Charged Indonesia

Singapore-headquartered DeClout Ventures Pte. Ltd. has led a $4.5 million investment in Indonesia-focused e-mobility scale up Charged Indonesia, as part of their inaugural funding round.

Li Ka-shing-funded Horizon Ventures ‘sees gold’ in Southeast Asia – report

The investment firm has set up a Singapore office earlier this year. Its notable exits include include Meta, Razer, and Zoom, data platform Crunchbase showed.