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Asia
Trending topics and news from the Asia category
Back to news homeTech giants brace for impact in India as new recurring payments directive goes into effect
Apple, Sony, Google, Zoom, PayPal and several other tech companies as well as scores of banks have cautioned customers and partners in India to expect a surge in declined transactions […]
Indian social commerce Meesho raises $570 million at $4.9 billion valuation
Meesho has more than doubled its valuation in less than six months, to $4.9 billion, as a growing number of high-profile investors back the Indian social commerce startup that is […]
Facebook-backed 2Africa set to be the longest subsea cable upon completion
Facebook announced on Tuesday that its 2Africa cable would now extend to over 45,000 kilometers with the addition of nine landings collectively dubbed the 2Africa Pearls. The subsea cable will […]
Amazon-backed buy now, pay later platform Capital Float raises $50 million
Capital Float, an Amazon-backed startup that offers its buy now, pay later service on many popular online platforms in India including that of the e-commerce firm, said on Tuesday it […]
Indonesian ID and data verification startup Verihubs gets $2.8M led by Insignia Venture Partners
For many financial institutions in Southeast Asia, verifying new customers takes a week or two, said the founders of Verihubs. The startup cuts that time down to as little as […]
Indian food delivery giant Swiggy in talks to raise funds at over $10 billion valuation
Indian food delivery startup Swiggy is in talks to raise over $500 million in a new financing round that could value it at over $10 billion, two sources familiar with […]
Oraan raises $3M to increase financial inclusion among Pakistani women
After working as an investment banker in Canada for a decade, Halima Iqbal moved back to Pakistan in 2017 and quickly realized how difficult it is for women to access […]
Aspire raises $158M Series B to build a full-stack “financial operating system” for Southeast Asian businesses
Aspire, the Singapore-based neobank that wants to become an “end-to-end financial operating system” for Southeast Asian businesses, is moving closer to its aspirations with a $158 million Series B. The […]
Singapore-based logistics startup Ninja Van secures $578M Series E
Ninja Van, a Singapore-based logistics startup, has closed a $578 million Series E round to support its operations infrastructure and technology systems growth. Investors include China’s Alibaba Group as well […]