Asia
Most digital banks are not profitable, Simon-Kucher study shows
Despite lofty valuations, most neobanks (digital banks) are not profitable, Simon-Kucher study showed Thursday. The global commercial strategy consultancy said in a statement…
June 3, 2022
News,Mergers and Acquisitions,Asia
India’s Gupshup acquires omnichannel customer service platform OneDirect for global businesses
Gupshup, an India-based conversational engagement firm, announced Thursday the acquisition of OneDirect, the omnichannel, artificial intelligence (AI)-enabled customer service…
June 2, 2022
Asia,Metaverse,News,Blockchain / Crypto
Binance Labs closes $500M investment fund to boost blockchain, Web3, and value-building technologies
Binance Labs, the venture capital and incubation arm of Binance, announced Wednesday the closing of a new $500 million investment fund with support from leading global…
June 2, 2022
500 Global, Taiwan Tech Arena join forces again to fuel early-stage startup growth on a global scale
500 Global, a United States-based venture capital firm and Taiwan Tech Arena, a deep tech startup ecosystem-building program, have renewed their partnership to bring back 500…
June 1, 2022
United Kingdom’s Unlimint partners China’s Alipay+ to expand global online payment
Unlimint, the United Kingdom-based fintech company, announced Wednesday that it has partnered with the Ant Group's Alipay+ to further expand its global online payment portfolio.…
June 1, 2022
Infobip and Data Cohorts collaborate to transform customer experience within Malaysia life insurance market
Global cloud communications company Infobip has inked a partnership with Data Cohorts, a company specializing in Customer Communications Management and Business Process…
June 1, 2022
Sooho.io partners with Lambda256 to unify South Korea’s crypto infrastructure
Sooho.io, the South Korea-headquartered smart contract auditing firm, announced on Monday a strategic partnership with Lambda256, a subsidiary of Dunamu, operator of South Korea…
May 31, 2022
Electric Vehicles & Mobility,Asia
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. Staying committed…
May 31, 2022
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…
May 31, 2022
Indian data insights start-up Synaptic raises $20M Series B funding from Valor Equity Partners
Synaptic, an India-based alternative data insights start-up, announced Tuesday the successful closure of $20 million in Series B funding round led by Valor Equity Partners.…
May 31, 2022