Category: News Type

Xiaomi-backed Chinese tax platform Huisuanzhang bags $80m Series D

China’s Huisuanzhang, a SaaS-based corporate accounting and tax management platform, has secured $80 million in a Series D round of financing from undisclosed investors, per its announcement on Monday.  Investment bank Cygnus Equity served as financial advisor for the deal, it said in a WeChat post.  The platform will invest the funding proceeds to grow… Continue reading Xiaomi-backed Chinese tax platform Huisuanzhang bags $80m Series D

Tata Tech and Logility to supply digital supply chain solutions

Global engineering and product development digital services company Tata Technologies has partnered Logility to offer digital supply chain solutions to its customers worldwide. The move, according to the two companies, is driven by the need for industry to mitigate the effects of supply chain disruptions such as tackling supply-demand uncertainties, and maintaining continuity in the near term. Agility… Continue reading Tata Tech and Logility to supply digital supply chain solutions

Mihup partners Harman to bring multi-language voice command tech in Tata Motors’ cars

Kolkata-based vernacular voice interface platform start-up Mihup Communication has partnered with Harman International to provide voice-controlled conversation agents in Tata Motors cars. The partnership aims to enhance user experience in Tata Motors cars and bridge the gap between native-speaking users and providing access to innovation. Mihup says while Tata Motors vehicles had an in-vehicle voice… Continue reading Mihup partners Harman to bring multi-language voice command tech in Tata Motors’ cars

Samsung unveils a 43-inch version of its versatile Smart Monitor

Samsung has expanded its all-in-one Smart Monitor range with two new models, the company announced. On top of the 27- and 32-inch models launched late last year, it’s now offering the 43-inch 4K M7 and 24-inch 1080p M5, filling in the top and bottom of the range.  As before, the new models are designed for… Continue reading Samsung unveils a 43-inch version of its versatile Smart Monitor

China Digest: TYK Medicines bags $62m; TAOS Data raises $47m led by Matrix Partners China …

TYK Medicines has garnered nearly 400 million yuan ($62 million) in a Series B+ round led by Sealand Innovation, while TAOS Data has secured $47 million in a Series B round led by Matrix Partners China. TYK Medicines bags nearly $62m Series B+ Chinese biopharmaceutical firm TYK Medicines has garnered nearly 400 million yuan ($62… Continue reading China Digest: TYK Medicines bags $62m; TAOS Data raises $47m led by Matrix Partners China …

Asia Digest: Kakao Japan raises $550m; Tokyo-listed Saint Marc bags $64m

Anchor Equity Partners led a 60 billion yen ($550 million) investment round in Kakao Japan, while Advantage Partners invested 7 billion yen ($64 million) in restaurant operator Saint Marc. Anchor Equity invests $550m in Kakao Japan Anchor Equity Partners, a private equity firm focused on opportunities in Korea and North Asia, has led an investment… Continue reading Asia Digest: Kakao Japan raises $550m; Tokyo-listed Saint Marc bags $64m

SEA Digest: Thailand’s first initial coin offering; S&P assists Vietnam’s FiinGroup

SPV77 plans to raise $76.48 million in Thailand’s first initial coin offering (ICO); Vietnam’s FiinGroup will receive technical assistance from S&P Global Ratings.  SPV77 plans Thailand’s first initial coin offering SPV77 Co Ltd has announced plans to raise 2.4 billion baht ($76.48 million) from the launch of 240 million real estate-backed digital tokens, in Thailand’s… Continue reading SEA Digest: Thailand’s first initial coin offering; S&P assists Vietnam’s FiinGroup

Kredivo’s parent firm FinAccel builds 24% stake in Indonesia’s Bank Bisnis Internasional

FinAccel, the parent company of Indonesia’s digital credit platform Kredivo, has acquired a 24% stake in local bank PT Bank Bisnis Internasional Tbk, according to a stock exchange disclosure by the latter.  FinAccel spent 551.31 billion rupiah ($38.4 million) to buy the stake in Bank Bisnis Internasional from its existing shareholders PT Sun Land Investasi… Continue reading Kredivo’s parent firm FinAccel builds 24% stake in Indonesia’s Bank Bisnis Internasional