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Friday 19 November 2021
Ola Electric's shipments delayed due to chip shortages
India's Ola Electric is seeing delays in deliveries since it launched its first e-scooter S1 and S1 Pro in September this year, according to First Post and Economic Times.
Thursday 18 November 2021
We know users better than ICE brands: India's first electric scooter maker
India's first electric scooter maker, Ather Energy, says it has the edge over the traditional two-wheeler companies like Bajaj, Enfield, and TVS because of their early start and in-depth knowledge of the market.
Thursday 18 November 2021
GoTo Group raises more than US$1.3 billion in pre-IPO funding round
Indonesia-based GoTo Group, the largest technology group in Southeast Asia, announced that it has secured over US$1.3 billion in its pre-IPO funding round. The Group is preparing for its dual listing.
Wednesday 17 November 2021
Asia Venturing V: Global capital market flat? New trends emerging in Asia
Is the global capital market getting flat? Are late-stage investors chasing early-stage startups a new trend or a fad? Is Rivian SPAC reasonably valued? Experts discussed these questions at the fifth round of Asia Venturing, a monthly event co-powered by Anchor Taiwan and DIGITIMES.
Tuesday 16 November 2021
Innovative EV charging startups try to upgrade India's creaking infra
Electric vehicles are slowly making an entry into the Indian market, but their adoption remains slow. The main reason for this is concerns about charging infrastructure. EV charging stations are not widely available yet. Charging at home is not an easy option because many high-rise apartments have yet to develop policies on installing EV chargers.
Monday 15 November 2021
NATEA US Taiwan High-Tech Forum: Dawn of new blockchain era
New trends and tech advances are emerging from the horizon of blockchain technology. On the second day (Nov.13th, Taipei time) of the 2021 U.S. Taiwan High-Tech Forum (UTHF) hosted by the North America Taiwanese Engineering and Science Association (NATEA), Blockchain experts including Edward Chang, adjunct professor at Stanford University, Andrew Tang, chair of the executive committee at Draper University, Clara Tsao, founding officer and director of Filecoin Foundation shared insights in new technologies and latest trends.
Monday 15 November 2021
India roundup: Paytm and Nykaa see strong IPO results
Startups and digital services are growing fast in India, and Paytm, Nykaa, Amazon Pay, and Battery Smart are seeing growth potential.
Monday 15 November 2021
APT keen on 5G startup incubation
Startup incubators are playing an increasingly crucial role in promoting the commercialization of innovative 5G applications, prompting Asia-Pacific Telecom (APT) to step up efforts on incubating 5G tech startups.
Friday 12 November 2021
Malaysian unicorn Carsome aims to go public in US
Malaysian secondhand car selling site Carsome has reportedly raised about US$200 million in its latest round of fundraising, and it aims at IPO in the US in 2022, sources familiar with the matter have been cited as saying.
Friday 12 November 2021
6 megatrends in capital market: Interview with Duncan Davidson, co-founder of Bullpen Capital
Companies around the world kept tapping the capital market with trillions of dollars. In 2021, some US$8.7 trillion has been raised through equity sales, bond offering, and loan deals, according to the data of Refinitive, also cited by Financial Times. This year, SPACs boom and the number of IPOs also broke the record in the past decade. All these stats show the capital market has never been so hot and full of investors from all over the world.
Thursday 11 November 2021
IOT Factory expands into Asia to seek EaaS partners
Almost six years after its establishment in Europe, Belgian company IOT Factory is paving the way for its future development in Asia, avid for serving the Equipment as a Service (EaaS) market with its strength in IoT applications. The company joined Garage+, an incubation project for startups initiated by the Epoch Foundation, to unlock the door to the Asian IoT market.
Wednesday 10 November 2021
New economy in Taiwan likely to grow threefold in 10 years: Q&A with QIC CEO Alex Lee
In a pre-event interview with DIGITIMES, Quantum International Corp. (QIC) founder and CEO Alex Lee shared his insights on the triple forces boosting the growth of Taiwan after the US-China Trade War and the COVID-19 pandemic. He also made an impressive prediction on the new digital economy of Taiwan in the next 10 years.
Tuesday 9 November 2021
The Philippines paves its way to the second unicorn
Startups in the Philippines have emerged as key drivers of the country's economic recovery, inclusive and sustainable growth as well as job creation. As the Philippines enters the post-crisis future, its government has the vision that tech startups will lead the way in the startup ecosystem and propel its tech scene into success.
Tuesday 9 November 2021
Innovation's way at Taipei Entrepreneurs Hub Demo Day
The Department of Economic Development, Taipei City Government is actively fostering its International Startup Soft Landing Program. To this end, the department founded the Taipei Entrepreneurs Hub and held a Demo Day event in t.Hub Taipei on November 2, 2021. The event was not only a chance for startups to exhibit their products, but also to further promote collaboration between global startups and domestic enterprises by helping prospective teams adjust their products and services to adapt to the Taipei market. Notable venture capitalists and business representatives were invited to attend, including Amanda Liu, executive director of Yong-Lin Educational Foundation and founder of Everiii Consulting , and Nicholas Yang, head of Blockchain in DDT of Cathay Financial Holdings, and Charlie Wu, general manager, Cooler Master.
Monday 8 November 2021
India roundup: Starlink registers business in India
The fast-growing logistics startup in India, Delhivery, plans to raise US$1 million through IPO, while Elon Musk's Starlink is poised to start its satellite and network services in India.