Latest news and trends about tech
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…
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. With the funding, Synaptic will continue to invest in product innovations, double down on its data science capabilities, partnerships with data vendors, and expand its go-to-market teams…
The social imperative for start-ups to grow
It has become imperative for businesses to consciously and intentionally incorporate social purpose and impact into their business model early on.
iFarmer raises $2.1 M in Bangladesh’s largest Agritech Funding from IDLC Ventures and Millville Opportunities
Launched in 2019, iFarmer is Bangladesh’s largest AgriTech company, offering comprehensive solutions for farmers, agricultural input sellers, and buyers, including retailers, processing companies, and wholesale markets. iFarmer works closely with farmers to improve production, harvest predictability, and streamlining agricultural supply chains through the…
GetGo partners HMGICS and CDG ENGIE to accelerate shared and sustainable mobility in singapore
GetGo, the Point A-to-A carsharing platform in Singapore, announced Monday that it has signed two separate memorandum of understandings (MoUs) with HMGICS and CDG ENGIE, commemorating the company’s next major step towards realising its vision of a sustainable and shared mobility ecosystem within Singapore.
