Noida-based Queuebuster, a mobile point of sale application, has raised about $8.16 million (Rs 63.3 crore) in its Series A funding round led by Chiratae Ventures, Omidyar Network India, and Flourish Ventures. DMI Alternative Investment Fund and Unaprime Investment Advisors also joined the round, said QueueBuster in a statement. Go to Source
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Asia Digest: Keppel Infra inks MoU with Jinko Power; Eke Panuku, NZ Super Fund in pact
Keppel Infrastructure Fund Management has signed an MoU with Jinko Power (HK) Company Limited while New Zealand Superannuation Fund (NZ Super Fund) and Eke Panuku Development Auckland have formed an investment partnership. Keppel Infra signs MoU with Jinko Power Keppel Infrastructure Fund Management Pte Ltd (KIFM), as trustee-manager of Keppel Infrastructure Trust (KIT), has signed… Continue reading Asia Digest: Keppel Infra inks MoU with Jinko Power; Eke Panuku, NZ Super Fund in pact
Tesla is operating a virtual power plant demonstration in Texas
Tesla is operating a virtual power plant demonstration in Texas to show the grid authorities the potential of such a product. But until some rule changes, the company needs the collaboration of local Powerwall owners without compensation. Last month, we reported on Tesla lobbying for any homeowner with solar and batteries to participate in Texas’s… Continue reading Tesla is operating a virtual power plant demonstration in Texas
SEA Digest: Vietnam’s MoMo, SG-based Mighty Jaxx snap up assets …
Vietnamese e-wallet MoMo has picked up a 49% interest in a local securities brokerage firm while Singapore-based future culture platform Mighty Jaxx has acquired two startups. MoMo picks up 49% stake in CV Securities Vietnamese fintech unicorn MoMo has acquired a 49% stake in local securities brokerage house CV Securities, according to the latter’s filing… Continue reading SEA Digest: Vietnam’s MoMo, SG-based Mighty Jaxx snap up assets …
Sea Group’s Shopee said to lay off staff across several SE Asian markets
Sea Group’s e-commerce arm Shopee is said to be executing layoffs across multiple markets in the region as it seeks to rationalise its e-commerce business, DealStreetAsia has learnt. The layoffs have affected employees across several of the company’s Southeast Asian markets including Indonesia, Thailand and Vietnam, several sources told DealStreetAsia. The company is said to… Continue reading Sea Group’s Shopee said to lay off staff across several SE Asian markets
India tribunal rejects Amazon appeal against suspension of deal with Future
An Indian appeals tribunal on Monday rejected Amazon.com Inc’s appeal against an antitrust suspension of its $200 million investment deal with Future Group, saying the US company concealed information when it sought approval in 2019. India’s antitrust agency issued the suspension in December, stating that Amazon suppressed the actual scope of the 2019 investment and made false and… Continue reading India tribunal rejects Amazon appeal against suspension of deal with Future
Thailand approves $1b Foxconn-PTT electric vehicle battery JV
Thailand‘s investment agency on Monday approved a joint venture worth 36.1 billion baht ($1.04 billion) between Taiwan’s Foxconn and Thailand‘s PTT to produce batteries for electric vehicles. The Horizon Plus Co project is one of several investment applications worth a total of 209.5 billion baht in manufacturing and infrastructure that were approved on Monday, the Board… Continue reading Thailand approves $1b Foxconn-PTT electric vehicle battery JV
Krungsri Finnovate looks to step into Metaverse, Web3 with new $52m fund …
Krungsri Finnovate, the venture capital arm of Bank of Ayudhya, is looking to tap into Web3, Metaverse, decentralised finance (DeFi) and blockchain through its newly established 1-billion-baht ($52 million) ‘Finnoverse’ fund, its Managing Director Sam Tanskul said in an exclusive interview to DealStreetAsia. The fund will invest in fintech startups and blockchain, and enhance Krungsri’s… Continue reading Krungsri Finnovate looks to step into Metaverse, Web3 with new $52m fund …
Clean Technica: Tesla Vision Expanded To Australia, New Zealand, and Japan 002039
Australia, New Zealand, and Japan are now able to use Tesla Vision, a camera-based and neural network Autopilot feature that helps drivers to drive safely when the feature is on. Tesla recently expanded Tesla Vision, its camera-based Autopilot, to Australia and New Zealand, Teslarati reported. In May 2021, Tesla started shipping its Models 3 and… Continue reading Clean Technica: Tesla Vision Expanded To Australia, New Zealand, and Japan 002039
Geneticists Figure Out Why Dogs Are So Friendly to Humans
Good boys are made of these. Happy Accidents This week scientists came one step closer to learning what makes a good boy a good boy. Turns out dogs may have learned some of their human social skills from a previously undiscovered genetic mutation. A group of researchers from Japan’s Azabu University published a study in… Continue reading Geneticists Figure Out Why Dogs Are So Friendly to Humans