Solar module manufacturer Waaree Energies has raised about $121 million (Rs 1,000 crore) from various investors and promoters through primary funding. Separately, HR-tech SaaS startup HROne and agri-tech platform Falca have also secured funding. Waaree Energies raises $121m Solar module manufacturer Waaree Energies has raised about $121 million (Rs 1,000 crore) from various investors and… Continue reading India Deal Roundup: Waaree Energies, HROne and Falca raise funding
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Volvo’s EX90 electric SUV will have bidirectional charging capabilities
/ The Swedish automaker is the latest to include bidirectional charging in its EVs. The feature will turn the EX90 into a mobile generator that can be used during blackouts. The EX90 will be based on Volvo’s Concept Recharge. Volvo’s upcoming flagship electric vehicle, the EX90 SUV, will feature bidirectional charging capabilities with enough battery… Continue reading Volvo’s EX90 electric SUV will have bidirectional charging capabilities
The 2024 Honda Prologue EV will be bigger than the biggest CR-V
/ The upcoming SUV, Honda’s first long-range EV for North America, will have a ‘generous cabin and lots of cargo space.’ But the automaker would like you to buy one of its hybrids first. The 2024 Honda Prologue will be the company’s first EV targeted at the North American market.Image: Honda Honda released new details… Continue reading The 2024 Honda Prologue EV will be bigger than the biggest CR-V
Uber is back in the robotaxi game after signing 10-year deal with Motional
/ After a tumultuous period for Uber, the company is charging back into the autonomous vehicle space with a new deal with Hyundai and Aptiv’s joint venture Motional. It could be one of the largest deployments of AVs on a ride-hailing network in the world. The Hyundai Ioniq 5 will be Uber and Motional’s robotaxi… Continue reading Uber is back in the robotaxi game after signing 10-year deal with Motional
Brookfield said to be in advanced talks to buy Hong Kong-based Trimco
Brookfield Asset Management is in talks to acquire Hong Kong clothing label maker Trimco from private equity firm Affinity Equity Partners, Bloomberg News reported on Wednesday. The firms are working up the details of a transaction that could value Trimco at as much as $1 billion, with Brookfield weighing potential financing banks for the deal… Continue reading Brookfield said to be in advanced talks to buy Hong Kong-based Trimco
SG Digest: bolttech acquires majority stake in Axle Asia; Proterra invests in Apeiron Bioenergy
Insurtech company bolttech has acquired a majority share of Indonesian insurance broker Axle Asia while Apeiron Bioenergy has secured an equity investment from Proterra Investment Partners Asia. bolttech buys into Axle Asia Singapore-based insurtech company bolttech announced on Thursday that it has completed the acquisition of a majority shareholding in Indonesian insurance broker Axle Asia,… Continue reading SG Digest: bolttech acquires majority stake in Axle Asia; Proterra invests in Apeiron Bioenergy
Apple iPhone 14 Plus review: It’s an iPhone, but bigger
Every year Apple has a surprise or two in store for its device lineup, and for 2022 one of those twists is the iPhone 14 Plus. That’s because instead of continuing to make a mini version of the basic iPhone, Apple has finally created a more affordable big-screen option starting at $899 for anyone who… Continue reading Apple iPhone 14 Plus review: It’s an iPhone, but bigger
Uber’s ex-security chief was found guilty of covering up a major data breach in 2016
Joseph Sullivan, who used to serve as Uber’s security chief, was convicted of federal charges for hiding a 2016 data breach from authorities. According to The New York Times, a jury in a San Francisco federal court has found Sullivan guilty of obstructing the FTC’s ongoing investigation into Uber at the time for another breach… Continue reading Uber’s ex-security chief was found guilty of covering up a major data breach in 2016
Chinese battery maker CALB’s shares fall on listing day in Hong KongThe company had raised $1.28b in its IPO — the largest in Hong Kong in 2022.
Chinese lithium battery maker CALB Co Ltd’s stock slipped into the red early after its Hong Kong Stock Exchange trading debut, falling below its HK$38 apiece issue price. The company raised $1.28 billion in its initial public offering (IPO), the largest in Hong Kong in 2022. The stock opened flat but then slid to trade down 1.4%,… Continue reading Chinese battery maker CALB’s shares fall on listing day in Hong KongThe company had raised $1.28b in its IPO — the largest in Hong Kong in 2022.
Creador-backed Malaysian bubble tea chain Loob Holding to revisit IPO plans
Malaysia’s Loob Holding, which owns Southeast Asia’s biggest bubble tea brand by stores, will consider plans for a share listing once it reaches its target of operating 1,000 Tealive stores in the country by 2024, its top executive said. “By then, we may consider an IPO if the timing and pricing are attractive,” Bryan Loo, Loob’s… Continue reading Creador-backed Malaysian bubble tea chain Loob Holding to revisit IPO plans