Business

Singapore-based Vertex Growth Fund leads Series E funding in Indian company Licious

The funds raised will reportedly be used towards expanding Licious’ presence across the country.

Zilingo acquires Sri Lanka-based nCinga Innovation in SGD 15.5 million deal

Singapore-headquartered Zilingo has acquired Sri Lanka-based software company nCinga Innovations in a landmark SGD 15.5 million cash and...

Maybank Kim Eng cuts 5 per cent of Singapore manpower

Maybank Kim Eng has reduced 5 per cent of its manpower in Singapore amid stiff competition from fintech firms, according to news reports.

Airtel stakeholder Bharti Telecom seeking nod for Singtel investment: Sources

Bharti Airtel promoter Bharti Telecom has sought the Indian government’s permission to allow an SGD 937.03 million (INR 4,900 crore)...

Tookitaki appoints Subhas Samanta as V-P of Research & Engineering

Singapore-based financial regulator startup Tookitaki has hired Subhas Samanta, ex-Director of LinkedIn, as their new Vice-President of...

Google's Sundar Pichai appointed CEO at parent firm Alphabet

According to media reports, Google's Sundar Pichai will be taking over the role of Chief Executive Officer (CEO) at parent firm Alphabet...

Singapore-based startup SensorFlow offers energy optimisation solutions for hotels in Asia

Singapore-based startup SensorFlow offers energy optimisation solutions that combine the use of Internet of Things and Artificial...

Dyson's new global HQ is at the historic St James Power Station in Singapore

British technology company Dyson will be shifting its global headquarters to Singapore in 2021, the company said on Thursday, November 28.

Catapulting moneylending into the cyber age: LendFoundry CEO Sandeep Phophaliya

Money-lending is one of the cornerstones of the global economy, with the concept almost as old as currency itself.

Singapore startup Tookitaki announces SGD 26.2 mn Series A funding round

Singapore-based anti-money-laundering startup Tookitaki announced on Monday that it has raised an additional USD 11.7 million in funding...

Office-sharing firm WeWork lays off 2,400 employees worldwide

The layoff affects roughly a fifth of WeWork's workforce, as the company struggles to reorganise amid mounting losses.

EU-Singapore free trade agreement kicks off

Companies based in Singapore will get to enjoy greater market access into the EU.

New Creation Church's business arm to acquire The Star Vista from Capitaland

CapitaLand is selling The Star Vista for SGD 296 million to Rock Productions, the business arm of New Creation Church.

DBS adopts AI-powered screening technology to enhance compliance

As financial criminals grew increasingly sophisticated, DBS Bank has implemented an artificial intelligence (AI) powered solution to fend...

NIUM launches digital cross-border payments in Indonesia

NIUM’s digital money transfer service will enable consumers and enterprises in Indonesia to send money to over sixty destinations...

India building a strong FinTech partnership with Singapore: HCI Ashraf

There are a lot of exciting possibilities in Singapore and Indian youth are looking at how they can build startup brands in the region,...

SFA, FICCI sign MoU to enhance cooperation at Singapore FinTech Festival 2019

The Singapore Fintech Association (SFA) and the Federation of Indian Chambers of Commerce and Industry (FICCI) on Monday inked a partnership...

Parenting platform theAsianparent closes 7-figure series C funding

Southeast Asian parenting platform theAsianparent has closed a seven-figure Series C2 funding from new strategic investors Mirae Asset...

Vistara launches drive to expand its fleet

Tata Sons and Singapore Airlines’ joint venture airline Vistara announced plans to nearly double its fleet size from 22 aircraft to 42 by...

Singapore’s Qoo10 acquires Indian e-commerce vendor ShopClues stock in merger

India-based e-commerce vendor ShopClues on Thursday announced its merger with Singapore-based platform Qoo10

Livspace launches in Singapore, marking first phase of APAC expansion

During the six month soft launch phase in Singapore, Livspace is already operating at USD 15 million gross revenue run rate and growing at...

Three Indian-origin executives in Harvard Business Review’s top 10 CEOs list

The list, which features 100 CEOs, is topped by American technology company NVIDIA's CEO Jensen Huang.

Singapore-based remittance firm InstaReM rebrands as Nium

Digital cross-border payments provider InstaReM is rebranding to become part of Nium, the company announced on Sunday.

Scoot shifts operations to Terminal 1 at Changi Airport

Singapore budget airline Scoot successfully completed the shift of its operations from Singapore Changi Airport Terminal 2 to Terminal 1....

7 Indian-origin entrepreneurs in Forbes’ 400 wealthiest Americans list

Amazon founder and CEO Jeff Bezos kept his spot as the richest in the US for the second year running, followed by Bill Gates.