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I wish I had more to offer

Nothing here but dreams

Author: Tech In Asia Online News

Ex-Ola and PayU exec’s fintech firm bags $18.5m seed money from Lightspeed, Accel

Part of the fresh capital will be used to build the team and bolster its market and customer acquisition efforts. Go to Source

Published October 7, 2020
Categorized as Automotive, News Site Tagged M and A, Mobility

Didi-linked Brazilian ride-hailer to enable bookings through WhatsApp

The partnership allows 99’s users to book rides directly from WhatsApp. Go to Source

Published October 6, 2020
Categorized as Automotive, News Site Tagged Didi, M and A, Mobility

London bans India’s Ola over safety concerns

This comes after Uber won a legal bid to operate in the capital nearly a year after TfL rejected its application over safety concerns. Go to Source

Published October 5, 2020
Categorized as Automotive, News Site Tagged Mobility, Uber

Grab looks to raise up to $500m for fintech arm, sources say

Potential investors in the round include insurers Prudential and AIA Group. Go to Source

Published September 8, 2020
Categorized as Automotive, News Site

Ola Electric begins restructuring plans with 2,000-person hiring spree

It plans to hire 1,000 engineers worldwide over the next three months, plus another 1,000 people for other positions. Go to Source

Published August 26, 2020
Categorized as Automotive, News Site Tagged Mobility, People

Grab launches micro-investment product as it expands financial services

It also announced consumer loans via a third-party platform as well as buy-now-pay-later payment plans for select ecommerce sites. Go to Source

Published August 4, 2020
Categorized as Automotive, News Site Tagged People, Production/Sales News

Grab said to raise $200m from Korea’s Stic Investments

The Seoul-based investment firm will be investing US$100 million from one of its funds, while the remaining will come from co-investors. Go to Source

Published August 3, 2020
Categorized as Automotive, News Site Tagged People, Production/Sales News

Tesla is looking for a country manager in Singapore

Elon Musk’s company also posted at least seven other positions, including service manager, store leader, and “Tesla advisor.” Go to Source

Published July 29, 2020
Categorized as Automotive, News Site Tagged Electric vehicles, Tesla

Grab looks to charge a platform fee for all rides in Singapore

Singapore’s competition watchdog is inviting public feedback on Grab’s proposal platform fee until August 11. Go to Source

Published July 28, 2020
Categorized as Automotive, News Site

As Covid-19 wipes out ride-hailing, Myanmar’s Oway turns to the online grocery space

Oway Fresh has been live for just over a month, but CEO Alok Kumar sees great potential in the business. Go to Source

Published July 27, 2020
Categorized as Automotive, News Site Tagged Mobility

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