Asia
The latest startup and technology news coming out of Asia.
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UK’s Zapp EV plans to expand globally with an early start in India
Zapp is launching its urban electric two-wheeler in India in 2025 as it plans to expand globally.
iCloud Private Relay has not been working for some Apple users across major markets, including the U.S., Europe, India and Japan.
Apple has reduced prices of its iPhone models in India by 3-4% following a cut in import duties in the South Asian market.
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Endeavor CEO says long-term capital needs to be prioritized in emerging ecosystems
Venture capital has become a more global industry as the tech sector slowly decentralizes. In 2022, more than 50% of VC deployed globally was invested in startups outside the U.S., according to data available from the National Science Foundation (NSF) — a stark contrast to 20 years ago, when nearly…
Singaporean e-commerce firm Qoo10’s Korean units face probe due to payment delays to merchants
The e-commerce market in South Korea ranks as one of the largest in the world, but it’s also proving to be a precarious one. On Thursday, South Korea’s Fair Trade…
Google Maps is improving navigation through flyovers and narrow roads in India through new feature updates.
India’s Jio has partnered with Taiwanese semiconductor giant MediaTek to launch its 4G smart dashboards for electric two-wheelers.
A hacker claims to be selling data relating to thousands of current and former employees of India’s Piramal Group.
A powerful new video-generating AI model became widely available today — but there’s a catch: The model appears to be censoring topics deemed too politically sensitive by the government in…
Singapore’s ride-hailing and food delivery company Grab is expanding its services beyond ride and food delivery by doubling down on the competitive restaurant booking industry in Southeast Asia. Grab confirmed…
Indian food delivery and quick commerce startup Swiggy is pivoting one of its smaller businesses, Swiggy Minis, into a link-in-bio service.
WazirX, one of India’s largest cryptocurrency exchanges, has “temporarily” suspended all trading activities on its platform days after losing about $230 million, nearly half of its reserves, in a security…
The Mumbai-based firm said one of its multisig wallets had suffered a security breach, and it was temporarily pausing all withdrawals from the platform.
The warrant is part of an investigation into alleged stock market manipulation related to a high-profile bidding war for music label, SM Entertainment.
Wittaya Aqua enables seafood farmers to consolidate existing data points across the seafood supply chain.
The smart ring has long played second fiddle to the smart watch. While tech giants like Apple and Google duked it out over wrists for years, the ring has been…
An Indian court has initiated insolvency proceedings against edtech giant Byju’s, once-valued at $22 billion.
Lhoopa has raised $80 million to address the lack of affordable housing in Southeast Asian markets, starting with the Philippines.
Mitti Labs aims to transform rice farming in India and other South Asian markets by reducing methane emissions by 50% and water consumption by 30%.
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India clings to cheap feature phones as brands struggle to tap new smartphone buyers
India is struggling to get new smartphone buyers, as millions of Indians don’t go for an upgrade and continue to be on feature phones.
Last month, the company also started applying an international authentication rate for activities like sending login codes for cross-border users.
Uzbekistan’s mobile-only bank TBC Bank Uzbekistan has raised $38.2 million in a fresh funding by its existing shareholders.
Visual effects (VFX) have emerged as essential in filmmaking and have transformed storytelling and creativity in the film industry with its diverse digital techniques. However, the high cost of VFX…
When people start navigation on Google Maps, the vehicle’s speed is shown in miles or kilometers, depending on the region.
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Investors chase wealth tech startups in India as affluent class grows
The high-net-worth and ultra-high-net-worth segments are booming in India, prompting some wealth management firms to aggressively expand their relationship manager networks to capture this market.
Airtel, India’s second-largest telecom operator, on Friday denied any breach of its systems following reports of an alleged security lapse that has caused concern among its customers. The telecom group,…
CoinDCX, India’s leading cryptocurrency exchange, is expanding internationally through the acquisition of BitOasis, a digital asset platform in the Middle East and North Africa, the companies said Wednesday. The Bengaluru-based…
Unacademy is slashing another 250 jobs in latest round of cuts as Indian edtech sector continues to struggle.Q
Japan’s SmartHR raises $140M Series E as strong demand for HR tech boosts its ARR to $100M
The round was led by KKR and Teachers’ Ventures Growth, an investment arm of Ontario Teachers’ Pension Plan.
India’s top AI startups include those building LLMs and setting up the stage for AGI as well as bringing AI to cooking and serving farmers.