Asia

The latest startup and technology news coming out of Asia.

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…

Grab acquires Singapore’s restaurant reservation platform Chope  

Indian food delivery and quick commerce startup Swiggy is pivoting one of its smaller businesses, Swiggy Minis, into a link-in-bio service.

Swiggy turns Minis into a link-in-bio platform

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…

WazirX halts trading after $230 million ‘force majeure’ loss

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.

WazirX halts withdrawals after losing $230 million, nearly half its reserves

The warrant is part of an investigation into alleged stock market manipulation related to a high-profile bidding war for music label, SM Entertainment.

Korean prosecutors file warrant to arrest Kakao founder for stock manipulation

Wittaya Aqua enables seafood farmers to consolidate existing data points across the seafood supply chain.

Wittaya Aqua’s data-driven AI helps seafood farmers increase aquaculture production

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…

Ultrahuman’s smart ring gets AFib detection

An Indian court has initiated insolvency proceedings against edtech giant Byju’s, once-valued at $22 billion.

Byju’s, once valued at $22 billion, faces insolvency proceedings

Lhoopa has raised $80 million to address the lack of affordable housing in Southeast Asian markets, starting with the Philippines.

Lhoopa raises $80M to spur more affordable housing in 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%.

Mitti Labs aims to make rice farming less harmful to the climate, starting in India

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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.

India clings to cheap feature phones as brands struggle to tap new smartphone buyers

Last month, the company also started applying an international authentication rate for activities like sending login codes for cross-border users.

WhatsApp now allows businesses to send authentication codes to users in India

Uzbekistan’s mobile-only bank TBC Bank Uzbekistan has raised $38.2 million in a fresh funding by its existing shareholders.

Uzbekistan mobile bank TBC raises $38.2M to expand its financial products

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…

Beeble AI raises $4.75M to launch a virtual production platform for indie filmmakers

When people start navigation on Google Maps, the vehicle’s speed is shown in miles or kilometers, depending on the region.

Google Maps is rolling out speedometer, speed limits on iPhone and CarPlay globally

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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.

Investors chase wealth tech startups in India as affluent class grows

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,…

India’s Airtel dismisses data breach reports amid customer concerns

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…

CoinDCX acquires BitOasis in international expansion push

Unacademy is slashing another 250 jobs in latest round of cuts as Indian edtech sector continues to struggle.Q

Indian edtech Unacademy cuts another 250 jobs

The round was led by KKR and Teachers’ Ventures Growth, an investment arm of Ontario Teachers’ Pension Plan.

Japan’s SmartHR raises $140M Series E as strong demand for HR tech boosts its ARR to $100M

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.

Here are India’s biggest AI startups based on how much money they’ve raised

Reliance Jio and Airtel, the two largest telecom operators in India, have initiated what analysts expect to be an industrywide increase in tariffs in the world’s second largest wireless market,…

Reliance Jio, Airtel kick off Indian telecom price hike

SoftBank Group founder Masayoshi Son announced on Thursday that the Japanese tech giant has set up a joint venture in the country with Chicago-based health tech company Tempus. Together, the…

SoftBank forms AI healthcare JV in Japan with Tempus

A hacker claims to be selling an extensive database associated with an Indian government portal meant for blue-collar workforce emigrating from the country.

Hacker claims data breach of India’s eMigrate labor portal

Indian e-commerce giant Flipkart has quietly started rolling out a payments app, dubbed Super.money, as it broadens its fintech ambitions. 

Flipkart Group launches payments app, Super.money, in fintech push

Accel, India’s most successful e-commerce investor, is making a contrarian move by turning its focus to smaller towns and villages.

Accel turns to rural India in hunt for future unicorns

k-ID’s platform makes it easy for game devs to comply with child safety and data privacy regulations.

k-ID wins $45M to help game devs speedrun the child safety compliance puzzle

Snapchat on Tuesday announced a new suite of safety features, including updates to its account blocking functionality and enhanced friending safeguards, making it difficult for strangers to contact users on…

Snapchat introduces new safety features to limit bad actors from contacting users

Rocketlane initially aimed to support customer onboarding. However, it has broadened its scope and doubled down on addressing the needs of professional services teams.

Rocketlane snags $24M to bring AI-led experiences for professional services teams

The Gurugram-based startup works with Indian factories to help them manufacture fashion wear for global brands.

India’s Zyod raises $18M to expand its tech-enabled fashion manufacturing to more countries