Paytm parent company shares soar after PayPay sells stake to SoftBank
On Monday, the rupee hit a record high of 1,007 rupees ($11.87).
Vietnamese food procurement company Kamereo raises US$7.8 million
Investors in this round of financing include Sumitomo Corporation, SMBC Venture Capital and Mitsubishi UFJ Capital.
Indian electric two-wheeler company secures $15.3 million in financing
The investment was largely driven by Zoho, which provided approximately $10.6 million.
Chip company NXP sees growth in automotive and IoT
The company expects the growth rate of these industries to be between 9% and 14% from 2025 to 2027.
Chip company NXP sees growth in automotive and IoT despite China restrictions
The company expects the growth rate of these industries to be between 9% and 14% from 2025 to 2027.
Israeli solar company names new CEO
Shuki Nir succeeds Ronen Faier, who will serve as interim CEO from August 2024.
Paytm parent company to sell $250 million stake in PayPay to SoftBank
Through the expected stake sale, Paytm's cash reserves may increase from more than $1.1 billion to about $1.4 billion.
Digital media company TNL Mediagene lists on Nasdaq
TNL Mediagene manages 22 media brands and attracts more than 40 million unique users each month.
Israeli AI Clean Energy Company Receives US$10 Million in Series A Financing
Founded in 2021, EnSights focuses on optimizing renewable energy assets.
Indian sportswear company raises $945,000 in pre-Series A round
Terraactive specializes in fabric technologies that include anti-odor and cooling effects.
Chingari parent company launches astrology app
AstroLive has been operating since September and is an e-commerce platform that also provides astrology-related products.
Artificial intelligence infrastructure company Nebius raises $700 million from Nvidia and others
This round of financing is intended to enhance Nebius' cloud computing services for artificial intelligence applications.
Hong Kong-listed property management company ESR Group secures US$7 billion privatization offer
ESR Group owns and manages 50 million square meters of real estate in 28 countries. ESR Group ESR Group, Asia's largest real estate fund management company in terms of assets under management,
Asian data center company secures billions in investment from global investors
Data center operators from the Asia-Pacific region are receiving billions of dollars worth of investment from global investors looking to capitalize on the artificial intelligence boom. Although surging demand has led to
Israeli cloud security company Upwind receives US$100 million in Series A financing
Upwind was founded in late 2022 and has raised a total of $180 million.
Nasdaq-listed company Freshworks appoints new chief product officer
Srinivasan Raghavan will lead the company’s product strategy with an emphasis on customer and employee experiences powered by artificial intelligence.
Singaporean IoT company UnaBiz appoints Sunseap co-founder to its board of directors
UnaBiz currently powers more than 14 million devices worldwide through its Sigfox 0G technology.
Nazara subsidiary acquires gaming content company for $2.8 million
Trinity Gaming manages over 1,000 creators in India, enhancing Nodwin’s service offerings.