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Thursday 25 November 2021
India startup working with eCommerce giants expects drone delivery in two months
India may soon see commercial delivery services using drones, according to Skye Air, a startup company working with some of the largest eCommerce brands. The Indian government had recently revised rules regarding unmanned aerial vehicles, permitting companies to experiment with drones for delivering products like food, medicines, and even courier parcels.
LATEST STORIES
Monday 22 November 2021
India roundup: Samsung plans to shift production to India
Google plans to provide Hinglish support for Indian users while Samsung plans to expand its manufacturing facilities in India.
Monday 22 November 2021
Fisker cooperates with Magna Steyr, Foxconn Electronics to keep down costs for EVs
US-based start-up electric vehicle (EV) vendor Fisker has cooperated with Austria-based automaker Magna Steyr, a subsidiary of Canada-based automotive components supplier Magna International, for outsourced production of Ocean SUV (sport utility vehicle), its first EV model, and Taiwan-based EMS-provider Foxconn Electronics for jointly developing a new EV model, industry sources cited Japan-based Nikkei as indicating.
Monday 22 November 2021
Thailand startups bet on EV growth in post-Covid era
Thailand's startups venturing into the electric vehicle (EV) business foresee an enormous post-COVID growth in the EV sector, more particularly with an increase of charging facilities and EV-sharing service platforms, to accommodate new urban lifestyles.
Monday 22 November 2021
Hero Electric partners with Charzer to install 10,000 charging stations in India
India's largest electric two-wheelers company Hero Electric announced that the Group had formed a partnership with Bengaluru-based EV charging startup Charzer to install 10,000 charging stations. Although the EV market size in India is relatively small in terms of unit sales or volume, the industry has seen more and more new players getting into it. This makes Hero Electric agitated.
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.