News
UK’s activpayroll acquires Malaysia-based payroll outsourcing and employee mobility specialist Propay Partners
United Kingdom-based human resources tech firm activpayroll has acquired Malaysia-based payroll outsourcing and employee mobility specialist Propay Partners to accelerate its growth in Asia Pacific.
Delhivery to acquire Algorhythm Tech to strengthen integrated supply chain solutions offering
Delhivery, India’s largest fully-integrated logistics service provider, said Tuesday it will acquire the Pune-based Algorhythm Tech Pvt. Ltd. that delivers intelligent planning and optimization solutions for enterprise supply chain operations, to strengthen its integrated supply chain solutions offering.
India’s Zoomcar appoints Delly Nugraha as Country Head for Indonesia
Zoomcar, the India-based marketplace for car sharing, has on Wednesday announced the appointment of Delly Nugraha as its Country Head for Indonesia. Indonesia is expected to be the second largest market for Zoomcar after India and Delly in his new role will be responsible for all aspects of growth, operations, and to build the company’s best achievement in…
Vietnam’s VinFast gets regulatory approval to sell EVs in United States
Vietnamese carmaker VinFast announced Wednesday that it has received all the necessary certifications to sell cars in the United States, and will begin delivering vehicles to customers by the end of this month.
Animoca Brands, LayerZero jointly launch global hackerhouse initiative
Animoca Brands, the Hong Kong-based blockchain gaming startup, and LayerZero, the Canada-based omnichain interoperability protocol, have launched the LayerZero-Animoca Brands Hackerhouse global initiative to advance cross-chain standards and demonstrate real-world use cases of interoperable digital assets.
East Ventures announces the 30 team champions from the coaching and hackathon program
Indonesia-based venture capital firm East Ventures, has on Tuesday announced the 30 selected team champions from the coaching and hackathon program of Indonesia PASTI BISA, Maju Terus Pantang Mundur (Keep Moving Forward, Never Give Up) or IDPB MTPM.
Touchstone Partners invests $1M in Vietnamese B2B distribution platform Quqo
Vietnamese venture capital firm Touchstone Partners has on Tuesday announced that it is investing $1 million in a seed round in Quqo, a Vietnam-based asset-light business to business (B2B) distribution platform that connects buyers, suppliers, and end-consumers in the fast-moving consumer goods (FMCG) sector.
US-listed Prenetics acquires Asia-based genomics company ACT Genomics
Prenetics Global Limited, a United States-listed genomic and diagnostic testing firm, has announced that it is acquiring a majority stake in ACT Genomics Holdings Company Limited, an Asia based genomics company specializing in precision oncology.
Malaysia’s Aerodyne acquires controlling stake in Brazil’s drone inspection company Grupo DR1
Aerodyne Group, a Malaysia-based drone company, has on Monday announced that it has signed an agreement to acquire a controlling interest in Grupo DR1, one of the leading professional drone operators and service providers in Brazil, to further expand its presence in Latin America (LATAM), in line with Aerodyne’s global expansion plan.
Y Combinator-backed Indonesian startup Bakool bags seed funding
Y Combinator-backed Radius rebrands Bakool, an Indonesia-based buying platform for fresh produce, has raised an an undisclosed seed round, with participation from Kleiner Perkins, Goodwater, Insignia Ventures, Global Brain, former minister of Indonesia Mari Elka Pangestu, and others.
