Latest news and trends about tech

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.

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.

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.

With the higher obligation to facilitate customer engagement, improved profitability, and control, the stronger need for automating the traditional banking services has paved the path for real-time payment transactions.

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.

Singaporean direct-to-consumer (DTC) startup Evo announced Wednesday the completion of its $600,000 seed funding round led by East Ventures. The round also saw participation from notable angel investors Aaron Tan from Carro, Joel Leong from ShopBack, Mohandass from Spenmo, and Jonathan Tan from Prism+.

Catcha Investment Corp 2.0 intends to focus its search on a target with operations or prospective operations in the technology, digital media, financial technology, or digital services sectors, which it refers to as the “new economy sectors”, across Asia Pacific, in particular Southeast Asia and Australia, according to its prospectus.

WebEngage, an India-based full stack retention operating system and business to business (B2B) software as a service (SaaS) startups, announced Tuesday that it raised $20 million in Series B led by Singularity Growth Opportunities Fund and SWC Global. The round also saw participation from existing investors India Quotient, Blume Ventures and IAN Fund,

Skyports, the United Kingdom-based advanced air mobility (AAM) vertiport infrastructure and drone services provider, said Tuesday it has completed the final close of its Series B capital raise with fresh investment of $3.13 million from ST Engineering through its Corporate Venture Capital unit, ST Engineering Ventures.

UpGrad, an India-based higher EdTech major announced on Tuesday it has acquired Exampur, one of India’s largest test-prep providers for government jobs, for an undisclosed amount, to build India’s largest test-prep platform for government jobs.