Türkiye fines Google $75 million for abusing advertising market dominance
Google has a specific six-month deadline to resolve competition concerns.
Zomato disputes $94.8 million tax bill
Zomato claims that its defense is strongly supported by external legal and tax experts.
SK Telecom invests US$3 million in artificial intelligence video analysis startup
The company said it aims to increase its multi-modal AI impact through AI video analysis startup Twelve Labs.
Amazon donates $1 million to Trump's inaugural fund
The donation comes as Trump said relations with major technology companies may improve.
Nazara to invest $1.8 million in subsidiary to boost ad tech
Datawrkz was founded in 2013 and has operations in Bangalore, US and Singapore.
Indian artificial intelligence lending company Aye Finance to raise $174 million through IPO
The IPO aims to raise up to $174 million.
SG, Vietnam consider US$150 million submarine cable project
Undersea cables play a vital role in global communications by transmitting sensitive network data.
Indian fintech company Infinity raises $1.9 million in equity financing
Founded in 2023, Infinity helps companies manage cross-border sales.
Israeli AI healthcare startup raises additional US$15 million in Series B financing
This extended round was led by Healthier Capital and raised $20 million in May 2023.
UAE accounting platform raises US$7.5 million in Series A funding
The funds will be used to hire new employees and develop compliance-focused products.
Singaporean robotics company raises US$10.5 million in Series A funding
The funds will be used to enhance its main products, the Eureka controller and the Eureka 3D camera.
Avalanche gets $250 million for blockchain upgrade
The Avalanche Foundation plans to use the funds for upgrades.
Meta donates $1 million to Trump's first fund
Mark Zuckerberg has not previously endorsed Trump or Biden during the election.
Indonesian fintech company AwanTunai raises US$60 million in debt financing
This round of financing was led by Accial Capital and received donations from multiple investors.
Indian sneaker e-commerce platform raises $2 million in seed funding
It offers sneakers, streetwear and luxury fashion pieces from brands including Nike, Yeezy, Dior and Louis Vuitton.
Pakistani fashion marketplace Laam raises $5.5 million in seed funding
The platform offers over 100,000 fashion items including ethnic and formal wear, footwear and accessories.
Australia fines Kraken operator $5.1 million for regulatory breaches
Australia took legal action against the company for illegally extending credit.
Kraken cryptocurrency exchange operator fined $5 million in Australia
The Australian court has ordered bit tradingThe local operator of the Kraken cryptocurrency exchange has paid a hefty fine for illegally extending credit facilities to more than 1,100 customers. The country's corporate
Indian fintech startup Navanc raises $1 million in seed funding
Founded in 2021, Navanc plans to use the funds to expand its presence in urban and semi-urban areas of India.
Indian nutritional health startup Power Gummies nets $1.2 million
The company plans to use the funds to launch a zero-sugar product line and expand its range of healthy products.
Indian BNPL startup Snapmint raises $18 million in pre-Series B funding
These funds will support technology upgrades and the launch of new BNPL products.
India's FirstClub raises US$8 million in seed funding
FirstClub aims to launch an omnichannel platform by mid-2025, focusing on premium food.
Israeli SaaS startup Stigg receives US$17.5 million in Series A financing
Stigg plans to double its staff within a year and currently employs more than 20 people.
Microsoft loses $800 million as Cruise Robotaxi shuts down
General Motors plans to increase its stake in Cruise from nearly 90% to more than 97% through stock acquisitions.