Category: Tech News

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OYO founder set to invest $65m in firm: reportThe investment will increase OYO founder Agarwal’s shareholding in the entity to 32%.

An investment vehicle backed by Indian budget hotel chain OYO founder, Ritesh Agarwal, is set to invest another $65.1 million into the startup, at a valuation of $3.8 billion, according to media reports. The investment, through Redsprig Innovation Partners, will increase Agarwal’s shareholding in the entity to 32%, from 30% previously. The development comes about… Continue reading OYO founder set to invest $65m in firm: reportThe investment will increase OYO founder Agarwal’s shareholding in the entity to 32%.

The best portable monitors in 2024

Portable monitors have been around for years, but their importance skyrocketed during the pandemic. And with the continuation of remote and hybrid work positions, they’re going to be staples for the foreseeable future. But picking one isn’t as simple as it seems. At this point, almost every major PC maker has its own take on… Continue reading The best portable monitors in 2024

Logistics tech startup Portcast raises $6.5m in Series A fundingThe round was led by Susquehanna Asia VC.

Singapore-headquartered transportation technology startup Portcast has announced raising $6.5 million in its Series A funding round anchored by Susquehanna Asia VC, the Southeast Asian and Indian venture capital arm of Susquehanna International Group of Companies. The startup said it will use the proceeds to invest in generative AI technology, which will allow it to provide global… Continue reading Logistics tech startup Portcast raises $6.5m in Series A fundingThe round was led by Susquehanna Asia VC.

Alibaba aims to raise $5b via dual currency bond deal: reportThe dollar tranche would consist of a 5.5-year, 10.5-year and 30-year dollar bond.

Chinese ecommerce giant Alibaba Group is aiming to raise $5 billion in multi-tranche dollar and offshore Chinese yuan bonds, according to two sources with direct knowledge of the matter. The company in a regulatory filing on Monday said it was considering carrying out the transaction. The dollar tranche would consist of a 5.5-year, 10.5-year and… Continue reading Alibaba aims to raise $5b via dual currency bond deal: reportThe dollar tranche would consist of a 5.5-year, 10.5-year and 30-year dollar bond.

Apollo ramps up APAC expansion with Seoul officeThe firm has appointed Jay Hyun Lee to drive fundraising, and team growth in S Korea.

US-based alternative asset manager Apollo has opened an office in Seoul to help execute and build on its growth plans in the market as part of its Asia Pacific expansion, according to a company announcement on Monday.  The firm has appointed Jay Hyun Lee as partner and head of Korea to help drive fundraising, institutional… Continue reading Apollo ramps up APAC expansion with Seoul officeThe firm has appointed Jay Hyun Lee to drive fundraising, and team growth in S Korea.

Clean Technica: More Theories On Why Teslas Have The Highest Fatality Rate003717

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! I was surprised the other day to see that Tesla drivers were more likely to be in fatal car crashes than drivers of any other auto brand. The results are based on US data, but there is no way… Continue reading Clean Technica: More Theories On Why Teslas Have The Highest Fatality Rate003717

Clean Technica: Learn to Drive in an Electric Vehicle003716

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Should student drivers learn to drive on an EV? Should there be a special EV licence, like the manual and automatic categories? Thanks to my neighbour Ken for supplying the L and P plates in the picture below. Learners,… Continue reading Clean Technica: Learn to Drive in an Electric Vehicle003716