On location
Thai startup ZTRUS aims to double revenue as it expands in home country & regionally
ZTRUS hopes to scale in Thailand within two years and shall explore some clients in Southeast Asia.
Airasia Super App launches e-hailing service in Thailand
The Airasia Super App, which was officially launched in Thailand earlier in February announced Tuesday the start of operations for its e-hailing service, Airasia Ride in Bangkok. Thailand becomes the second country for Airasia Ride’s ASEAN expansion, and will offer taxi rides as part of its first phase of entry into the market.
Sooho.io partners with Lambda256 to unify South Korea’s crypto infrastructure
The bridge, along with a decentralized exchange (DEX), will both be developed by Sooho.io on top of Lambda256’s mainnet, called The Balance. The Balance was launched for a number of partners to develop various types of decentralized apps (dApps) to build the ecosystem, involving projects such as IPFS, play-to-earn, oracles, DEXs, NFTs, wallets, and…
Vingroup collaborates with Intel, signs agreement to develop advanced technologies
Vingroup announced on Tuesday that it has signed a Memorandum of Understanding with Intel to create a wide range of advanced computing systems including 5G enabled smart city and smart building solutions, smart manufacturing processes, cloud services and AI as well as ADAS based on Mobileye technology.
India’s Attero Recycling to invest $1 billion for global expansion
India’s largest and world’s leading li-ion battery recycling company Attero Recycling said Tuesday that it will invest $1 billion by 2027 for global expansion. Through this investment, Attero Recycling aims to recycle more than 3,00,000 metric tonnes (MT) of lithium-ion battery waste per year by 2027 in its facilities spread across Europe, United States,…
MAS partners the industry to pilot use cases in digital assets
The Monetary Authority of Singapore (MAS) announced Tuesday the commencement of Project Guardian, a collaborative initiative with the financial industry that seeks to explore the economic potential and value-adding use cases of asset tokenisation.
India’s SUGAR Cosmetics closes $50M Series D funding led by L Catterton
SUGAR Cosmetics (SUGAR), one of India's largest omnichannel beauty companies and a cult favorite amongst Gen Z and Millennial consumers, announced Monday the close of its $50 million Series D fundraise led by the Asia fund of L Catterton, the largest global consumer-focused private equity firm.
GoTo’s 1Q22 gross revenue grows 53 percent to $357.38m
PT GoTo Gojek Tokopedia Tbk (GoTo Group), the largest digital ecosystem in Indonesia, announced Monday that its gross revenue for the first quarter of 2022 (1Q22) increased by 53 percent year on year to Rp5.2 trillion ($357.38 million), representing an improvement in take rate from 3.5 percent to 3.7 percent due to better monetization in e-commerce and…
Amgen and NSG Biolabs announce golden ticket to boost Singapore’s Biotech Ecosystem
As part of the sponsorship, Amgen will support one "Golden Ticket" award each year for three years, providing winners with one year of free residency in NSG Biolabs’ fully equipped turnkey BSL-2 laboratory as well as additional facility benefits and connections to Amgen's scientific and business leaders.
Singapore’s Privyr raises $6M Series A funding led by MassMutual Ventures and Vulcan Capital
Privyr, a Singapore-based startup that helps consumer-facing salespeople and businesses convert leads right from their phones, said Tuesday it has raised $6 million in Series A funding. The round was led by MassMutual Ventures and Vulcan Capital, with participation from Wavemaker Partners, bestselling author Nir Eyal, and former Facebook executive Gwendolyn…
