Latest news and trends about tech

The key success factors of corporate innovation are -- Process, Structure, and Culture. First, process needs to be optimized. Second, enable a structure to facilitate agile resources and empowerment. And third, cultivate culture to embrace change and nurture unorthodox thinking.

AirAsia has secured its Certificate of Approval (COA) from the Civil Aviation Authority of Malaysia (CAAM), to conduct remote drone pilot training. With the approval, AirAsia has become first in Malaysia to provide industry support with quality remote pilot training.

Carsome Group announced the completion of its $290 million Series E round, increasing the company’s valuation to approximately $1.7 billion. The latest financing round was jointly led by Qatar Investment Authority, 65 Equity Partners and Seatown Private Capital Master Fund. The round also saw strong participation from investors such as Mediatek, Sunway,…

Dunzo has raised $240 million in its latest round of funding led by Reliance Retail Ventures Limited. Existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital also joined the round. The capital will be used to further Dunzo’s vision to be the largest quick commerce business in the country, enabling instant delivery of essentials from a network…

A transaction could value the combined entity at as much as $1.5 billion.

J&T Express has official launhced its express network in the United Arab Emirates (UAE) and Saudi Arabia. The two countries are the first markets to be covered by the firm in the Middle East, and the latest expansion brings the firm's global network coverage to a total of ten countries.

Carsome, Malaysia's first tech unicorn, is said to be planning for an initial public offering in the US later this year.

Olsera has raised $2.5 million in seed round funding from Kejora-SBI Orbit. With this fresh capital, Olsera seeks to strengthen its technological infrastructure, recruit more talents and accelerate their merchant acquisition in another 200 cities in Indonesia.

Zoomcar has launched Zoomcar Host - the Philippines’ first ever car sharing marketplace, allowing vehicle owners to generate income by sharing their car on the Zoomcar platform. With Zoomcar Host, Filipinos can rent out their vehicles from a six-hour to six-month periods and generate additional income when not in use.

Indonesian conglomerates CT Corp, Salim Group, e-commerce marketplace Bukalapak, ride-hailling firm Grab, used car marketplace Carro, and private equity firm Growtheum Capital Partners have jointly participated in the rights issue of Bank Allo to accelerate the expansion of credit services across Indonesia. Bank Allo is a fully licensed bank offering…