News

NTU Singapore and RGE launch $4.4M joint research centre to tackle textile waste

Nanyang Technological University, Singapore (NTU Singapore) and Royal Golden Eagle (RGE), a global resources-based manufacturing group, on Thursday launched the S$6 million ($4.36 million) joint research centre to accelerate innovation in textile recycling and translate research outcomes into practical solutions that can be deployed in urban settings like…

India’s CredAble raises $9M from Axis Bank and OAKS Asset Management

Indian working platform CredAble said Thursday it has received fresh funding of $9 million via an equity infusion from Axis Bank, India’s third largest private sector bank, and its existing investor OAKS Asset Management. The investment will be used to accelerate its growth plans.

Malaysia’s Grab, Foodpanda food delivery riders on 24-hour strike, call for better fees & benefits – report

Dubbed "Food Delivery Blackout", riders who attended a press conference said that the number of p-hailing and e-hailing drivers that went on strike on Friday is still unknown, but it is happening nationwide.

Airasia Super App offers gig riders in Malaysia full-time employment

Airasia Super App, has become the first in Asia to provide gig riders with full-time employment, as part of its commitment in giving them a better working environment and job stability, while enhancing income opportunities for the riders.

US’s DataMesh closes new funding round led by SIG Asia

DataMesh, a United States-based enterprise metaverse platform, announced Thursday it has recently closed a new round of funding led by SIG Asia Investment, LLLP, followed by Singtel Innov8 and Global Brain.

She Loves Tech Global Startup Competition is back

The world’s largest startup competition and accelerator program for women-led and women-impact tech startups has returned for its 8th year, operating in over 60 countries.

India’s Bizongo gets $25M working capital facility from Liquidity Group’s Mars Growth Capital

India-based business to business (B2B) trade enablement giant Bizongo announced Wednesday it has secured a $25 million working capital facility from Liquidity Group’s Mars Growth Capital. With the working capital facility Bizongo will enable businesses across South East Asia to cater to the unprecedented demand.

Taiwan’s KKday aims to drive $100M in revenue for Vietnam’s tourism industry

KKday, a Taiwan-based online travel experiences platform, announced Thursday it will be aggressively expanding its footprint in Vietnam, and driving over $100 million in revenue for Vietnam’s tourism industry by 2023.

United Kingdom’s Revolut launches cryptocurrency service in Singapore

Revolut, the United Kingdom-based financial superapp, on Thursday launched a new cryptocurrency service in Singapore, enabling customers to securely buy, hold and sell cryptocurrencies with the tap of a button. Revolut is providing all customers in Singapore with more than 80 tokens available via its app.

India’s River rasies $11M Series A funding led by Lowercarbon Capital

River, an India-based startup that builds electric two-wheelers, announced on Tuesday an $11 million Series A fundraise led by Chris Sacca’s Lowercarbon Capital in participation with Toyota Ventures and existing investors Maniv Mobility and Trucks VC, bringing the total funding to $13 million.