By Mars Woo
Teko utilises a proprietary platform for real-time access to service and repairs for home appliances,
The world’s largest music streaming service has secured deals with many of the major rights holders in India over the past few months, clearing one of its final hurdles to entering the country of 1.3 billion people.
The UK-based firm had announced in January its plans to expand into the Asia Pacific region with new data centres in Singapore and India.
AdaSky, which provides far-infrared (FIR) camera technology to help self-driving cars “see” better, said the financing was part of a larger round.
The platform is aimed at connecting companies to financial institutions globally and become a banking solution for the unbanked.
“Innovation is also going beyond the digital revolution,” Zhang said. “You can walk away without your wallet and I think that actually inspires a completely different set of companies.”
The YOLO platform enables users to digitalise their daily activities, from basic banking transactions like savings and money transfer, to online payments for services including bills, restaurants and booking.
The cyber law, that goes into effect on Jan. 1, requires them to open local offices and store data of Vietnamese users in the country.
At least half a dozen new mobility startups in India—including Rapido, Ather Energy, Bounce and Vogo—are in funding talks to raise large amounts of capital.
Tencent’s restructuring comes as the company’s main business of gaming and online services grew at a slower pace, hit by regulatory hurdles this year.