Momos, a Singapore-based SaaS platform for the F&B industry, has raised $6.5 million in a seed funding round co-led by Sequoia Capital India and Alpha Wave Incubation (AWI), according to an announcement. Global investors K3 Ventures, Captii Ventures, Hong-Kong-based Integrated Capital, HOF Capital, JIA Group, and leading angel investors from global food delivery and software… Continue reading SG’s F&B sector-focused SaaS platform Momos raises $6.5m seed round …
Category: Tech News
Category Added in a WPeMatico Campaign
Malaysia’s Top Glove plans to renew lapsed HKEX listing application
Malaysian glovemaker Top Glove Corp plans to renew its lapsed application to list in Hong Kong and pursue a dual primary listing, a stock market filing showed on Thursday. Its plans were delayed, sources told Reuters in June, as Top Glove sought to resolve a U.S. import ban on its products because of forced labour… Continue reading Malaysia’s Top Glove plans to renew lapsed HKEX listing application
Xiaomi revenue surges 64%, announces autonomous driving expansion
Smartphone maker Xiaomi Corp’s second-quarter revenue rose a record 64% from a year earlier, it said on Wednesday, announcing the purchase of an autonomous driving startup as it prepares to expand into the competitive market. Sales reached 87.8 billion yuan ($13.56 billion), up from 53.54 billion a year earlier and beating analyst expectations of 84.53 billion yuan.… Continue reading Xiaomi revenue surges 64%, announces autonomous driving expansion
FMC Ventures, Omnivore lead funding in TartanSense and 10 India deal updates
ResearchPremium Bengaluru-based agritech robotics startup TartanSense has raised $5 million in its Series A funding round led by FMC Ventures and Omnivore, the firm announced on Wednesday. The financing also saw participation of existing investor Blume Ventures. This brings the total funds raised by the company to $7 million. Founded in 2015 by Jaisimha Rao,… Continue reading FMC Ventures, Omnivore lead funding in TartanSense and 10 India deal updates
Indonesia Digest: Warung Pintar partners CICIL for BNPL; HIJUP launches $7m fund
Indonesia’s mom-and-pop-store focussed Warung Pintar Group has entered into a strategic partnership with fintech firm CICIL to develop a BNPL product, while HIJUP, an e-commerce platform for traditional muslim clothing, has launched a $6.92 million growth fund. Warung Pintar partners CICIL for BNPL Indonesia’s Warung Pintar Group, a B2B ecommerce platform focussed on warungs, or… Continue reading Indonesia Digest: Warung Pintar partners CICIL for BNPL; HIJUP launches $7m fund
TSMC is raising chip prices as supply shortages continue
TSMC is the biggest chipmaker in the world and the company responsible for the processors used by Apple, AMD, Nvidia, Qualcomm, and even some Intel products. And its products are about to get a lot more expensive: the company plans to raise prices of its advanced chips by around 10 percent and less advanced products… Continue reading TSMC is raising chip prices as supply shortages continue
JOYY’s top shareholders plan take-private deal valuing firm at up to $8b …
JOYY Inc’s top two shareholders, its Chairman David Li and Xiaomi founder Lei Jun, plan to take the Nasdaq-listed company private in a deal that could value it at up to $8 billion, three people with knowledge of the matter said. They are teaming up for the deal as they believe the Chinese social media… Continue reading JOYY’s top shareholders plan take-private deal valuing firm at up to $8b …
Blackstone acquires two assets worth $40m from Indian developer Tarc
Private equity major Blackstone has entered into an agreement to acquire two wholly-owned subsidiaries of Indian listed developer TARC Ltd for a consideration of about $40 million (Rs 295 crore). Under the agreement, BREP Asia II EIP Holding Pte. Ltd, a Blackstone affiliate, will acquire Goodluck Buildtech Private Limited and Anant Raj Hotels Limited (ARHL).… Continue reading Blackstone acquires two assets worth $40m from Indian developer Tarc
India may announce new rules for overseas listing in February 2022 budget
Login We will never share your information with third parties. If you don’t already have an account click the button below to create your account. Sign up here OR Sign in with Facebook Sign in with Twitter Sign in with Google Sign in with LinkedIn Go to Source
Barclays to pump in more than $400m in India investment banking arm
Barclays Plc announced it is pumping in more than $400 million into its India arm to tap rising corporate and investment banking activity in the country that is now recovering from the pandemic. This is Barclays‘ single largest capital infusion in the Indian business in the last three decades. It comes after the British lender pulled out… Continue reading Barclays to pump in more than $400m in India investment banking arm