Indonesian SaaS startup iSeller raises $12m Series B, eyes profitability in three yearsThe Series B round was led by Intudo Ventures.

iSeller, an Indonesian omnichannel sales SaaS startup, has raised $12 million in a fresh funding round while setting its sight on achieving profitability in the next three years on the back of healthy growth bolstered by robust economic activities in the archipelago. The company announced its Series B funding round on Thursday led by Intudo… Continue reading Indonesian SaaS startup iSeller raises $12m Series B, eyes profitability in three yearsThe Series B round was led by Intudo Ventures.

Bain Capital sells stake in India’s JM Baxi Ports & Logistics to Hapag-Lloyd

Global private equity firm Bain Capital is selling its stake in the Indian maritime logistics player JM Baxi Ports & Logistics (JMBL) to German shipping major Hapag-Lloyd. The details of the financial transaction were not disclosed. However, media reports suggest Bain Capital is selling a 35% stake in the company to Hapag-Lloyd. The Economic Times… Continue reading Bain Capital sells stake in India’s JM Baxi Ports & Logistics to Hapag-Lloyd

India Hosts Egypt’s Sisi as It Looks to Increase Defense Sales – Yahoo News

(Bloomberg) — Most Read from Bloomberg India and Egypt elevated their relationship to a strategic partnership and agreed to substantially increase bilateral trade as the South Asian nation looks for new markets, including for its military hardware. Trade between India and Egypt will touch $12 billion annually in the next five years, Prime Minister Narendra… Continue reading India Hosts Egypt’s Sisi as It Looks to Increase Defense Sales – Yahoo News

Generative AI Won’t Revolutionize Game Development Just Yet

Creating a video game demands hard, repetitive work. How could it not? Developers are in the business of building world, so it’s easy to understand why the games industry would be excited about generative AI. With computers doing the boring stuff, a small team could whip up a map the size of San Andreas. Crunch becomes… Continue reading Generative AI Won’t Revolutionize Game Development Just Yet

Global Ride-Hailing Platform inDrive Partners SHIELD to Boost Trust and Fairness

SAN FRANCISCO, Jan. 25, 2023 /PRNewswire/ — inDrive, the world’s fastest-growing online ride-hailing service, today announced that it is utilizing global risk intelligence company SHIELD‘s Device Intelligence. SHIELD’s technology is strengthening inDrive’s defenses against fraud and helping it achieve the highest levels of trust, transparency and fairness for drivers and passengers worldwide. Continue Reading With… Continue reading Global Ride-Hailing Platform inDrive Partners SHIELD to Boost Trust and Fairness

Tier Mobility and Spin lay off 100 more employees

Around a year ago, Tier Mobility was winning the shared micromobility game. Fueled by its $200 million Series D fundraise in October 2021, the company went on to acquire three other micromobility operators and a computer vision startup, giving it access to e-bikes — a reach that extended beyond Europe and into the U.S. —… Continue reading Tier Mobility and Spin lay off 100 more employees

SMMT : 2022 UK car production down but electric vehicle output surges to new record

Annual UK car production falls -9.8% to 775,014 units in 2022 as global chip shortages and structural changes depress output. Record levels of electrified vehicle production with almost a third of all cars made fully electric or hybrid – worth £10 billion in exports alone. Volumes for UK rise 9.4% but fail to offset declining… Continue reading SMMT : 2022 UK car production down but electric vehicle output surges to new record

SMMT : 2022 UK car production down but electric vehicle output surges to new record

Annual UK car production falls -9.8% to 775,014 units in 2022 as global chip shortages and structural changes depress output. Record levels of electrified vehicle production with almost a third of all cars made fully electric or hybrid – worth £10 billion in exports alone. Volumes for UK rise 9.4% but fail to offset declining… Continue reading SMMT : 2022 UK car production down but electric vehicle output surges to new record

SMMT : 2022 UK car production down but electric vehicle output surges to new record

Annual UK car production falls -9.8% to 775,014 units in 2022 as global chip shortages and structural changes depress output. Record levels of electrified vehicle production with almost a third of all cars made fully electric or hybrid – worth £10 billion in exports alone. Volumes for UK rise 9.4% but fail to offset declining… Continue reading SMMT : 2022 UK car production down but electric vehicle output surges to new record

SMMT : 2022 UK car production down but electric vehicle output surges to new record

Annual UK car production falls -9.8% to 775,014 units in 2022 as global chip shortages and structural changes depress output. Record levels of electrified vehicle production with almost a third of all cars made fully electric or hybrid – worth £10 billion in exports alone. Volumes for UK rise 9.4% but fail to offset declining… Continue reading SMMT : 2022 UK car production down but electric vehicle output surges to new record