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China’s internet regulator takes aim at forced data collection

China’s internet regulator takes aim at forced data collection China is a step closer to cracking down on unscrupulous data collection by app developers. This week, the country’s cybersecurity watchdog began seeking comment on the range of user information that apps from instant messengers to ride-hailing services are allowed to collect. The […]

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Health tech venture firm OTV closes new $170 million fund and expands into Asia

Health tech venture firm OTV closes new 0 million fund and expands into Asia OTV (formerly known as Olive Tree Ventures), an Israeli venture capital firm that focuses on digital health tech, announced it has closed a new fund totaling $170 million. The firm also launched a new office in Shanghai, China […]

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Web Summit will hold RISE 2022 in Kuala Lumpur, launch a new event in Tokyo

Web Summit will hold RISE 2022 in Kuala Lumpur, launch a new event in Tokyo Web Summit announced today that it will revive RISE, one of Asia’s largest tech conferences, in March 2022, moving it to Kuala Lumpur after five years in Hong Kong. It also announced a new event, called Web […]

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PhonePe raises $700 million, becomes a separate entity

PhonePe raises 0 million, becomes a separate entity PhonePe, the crown jewel in Flipkart’s acquisition by Walmart, is “partially” spinning off, the Bangalore-based financial services firm said on Thursday. To kick off its new journey, the firm said it has secured $700 million in a new financing round. This round, the name […]

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AutoX becomes China’s first to remove safety drivers from robotaxis

AutoX becomes China’s first to remove safety drivers from robotaxis Residents of Shenzhen will see truly driverless cars on the road starting Thursday. AutoX, a four-year-old startup backed by Alibaba, MediaTek and Shanghai Motors, is deploying a fleet of 25 unmanned vehicles in downtown Shenzhen, marking the first time any autonomous driving […]

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Neuroglee gets $2.3 million to develop digital therapeutics for neurodegenerative diseases

Neuroglee gets .3 million to develop digital therapeutics for neurodegenerative diseases There are now about 50 million people with dementia globally, a number the World Health Organization expects to triple by 2050. Alzheimer’s is the leading cause of dementia and caregivers are often overwhelmed, without enough support. Neuroglee, a Singapore-based health tech […]

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Eat Just to sell lab-grown meat in Singapore after gaining “world first” regulatory approval

Eat Just to sell lab-grown meat in Singapore after gaining “world first” regulatory approval Eat Just will start offering lab-grown chicken meat in Singapore after gaining regulatory approval from the Singapore Food Agency (SFA). The cell-cultured chicken will eventually be produced under Eat Just’s new GOOD Meat brand through partnerships with local […]

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Despite everything, Oyo still has $1 billion in cash

Despite everything, Oyo still has billion in cash India’s Oyo has been one of the worst impacted startups with the coronavirus, but it has enough cash to steer through the pandemic and then look at funding further scale, a top executive says. In a townhall with employees last week, Oyo founder Ritesh […]

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Singapore-based mental health app Intellect reaches one million users, closes seed funding

Singapore-based mental health app Intellect reaches one million users, closes seed funding Theodoric Chew, co-founder and chief executive officer of mental health app Intellect Intellect, a Singapore-based startup that wants to lower barriers to mental health care in Asia, says it has reached more than one million users just six months after […]

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China’s tech firms rush to deliver solutions for grocery shopping

China’s tech firms rush to deliver solutions for grocery shopping Nearly all of China’s largest internet firms have established a presence in online grocery. Just this week, news arrived that Alibaba co-led the $196 million C3 funding round of Nice Tuan, the two-year-old grocery group-buying firm’s fourth round year to date. People […]

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