Latest news and trends about tech
India’s Ola to invest $500M in battery innovation and indigenous cell R&D
la Electric, India’s largest electric vehicles (EV) company, announced Monday the investment of $500 million for setting up its state-of-the-art battery innovation center (BIC) in Bangalore. BIC will be one of the world’s largest and most advanced cell research and development (R&D) facilities with more than 165 unique and cutting-edge lab equipment to…
ADA acquires SingPost’s eCommerce unit to expand eCommerce solutions across APAC
ADA, the regional integrated end-to-end eCommerce practice, said Tuesday it has acquired SingPost’s eCommerce arm. This deal, which includes the unit’s assets and staff, will further strengthen ADA’s eCommerce capabilities in technology and enablement, offering clients fully integrated services in Malaysia, Singapore, Indonesia, Thailand, the Philippines,…
Phillip Securities becomes first brokerage firm in Asia to offer US Market Making service during Asian market hours
Phillip Securities, the brokerage arm of PhillipCapital, launched the US Asian Hours on 19 July 2022, which facilitates the trading of 38 US-listed equities and exchange-traded funds (ETFs) during Asian market hours, through both the web trading platform of Phillip’s Online Electronic Mart System (POEMS) and the latest POEMS Mobile 3 App.
Singapore’s Fintonia awarded provisional virtual assets license in Dubai
Fintonia Group, an entrepreneurial financial services company based in Singapore, announced Tuesday that it has secured a provisional virtual asset license granted by the Dubai Virtual Assets Regulatory Authority (VARA). The license allows Fintonia to participate in Dubai’s fast-growing digital assets ecosystem by operating crypto native services under full…
AnyMind Group raises $29.4M in Series D funding to drive next-generation commerce
AnyMind Group, an end-to-end commerce enablement company has announced on Tuesday that it has raised ¥4 billion (approximately $29.4 million) in its Series D funding round, with total funding to date approximating $91.7 million.
Indonesia’s Pintarnya raises $8M seed fund from East Ventures and VVSEAI
Pintarnya, one-stop digital platform for blue collar workers to find employment opportunities in Indonesia, announced Tuesday it has raised $8 million from East Ventures and Vertex Ventures SEA & India (VVSEAI), bringing the total seed funding to $14.3 million. With this new funding, the group will grow its ecosystem of job seekers and employers across…
Techsauce Global Summit to return to Bangkok in physical form
Techsauce Global Summit 2022 is Southeast Asia’s largest tech event. The innovative conference takes place on the 26th and 27th of August at ICONSIAM, Bangkok, Thailand. Now in its 8th year running, Techsauce Global Summit is connecting the biggest minds in tech, it will bring together over 15,000 attendees and 1,500 startups from across the globe.
Vietnamese fintech startup MFast raises $2.5M funding led by Ascend Vietnam Ventures
Vietnamese financial service app MFast announced Monday it has raised $2.5 million in a funding round led by Ascend Vietnam Ventures with participation from Wavemaker Partners and existing investors Do Ventures & JAFCO Asia. With the fresh funding, MFast is actively hiring talent across various areas including technology, marketing, and sales to upgrade…
Indonesian social commerce platform KitaBeli raises $20M funding led by Glade Brook
KitaBeli, the largest fast-moving consumer goods (FMCG) social commerce platform for consumers in Indonesia’s second-and third-tier cities, announced Monday that it has closed a $20 million funding round led by Glade Brook Capital Partners (Glade Brook), a global growth equity investment firm. Its existing investors, AC Ventures and GoVentures joined the…
URECA introduces leading technology to democratise access to carbon credits
URECA introduced on Monday a proprietary technology and platform that is set to democratise the access to carbon credits globally.
