Thailand’s KASIKORNBANK (KBank) has chosen InstaReM to power cross-border payments for the bank’s clients across select markets. KBank clients will be able to realize faster turnarounds, while providing certainty on delivery times and payout amounts. Silawat Santivisat, Senior Executive Vice President of KASIKORNBANK, said, “This is an important partnership for KBank at an exciting stage […]
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Glowroad raises $11.5mil
Bengaluru-based social commerce startup GlowRoad has raised $11.5 Mn in a Series B+ funding round. Talking to Inc42, Kunal Sinha, co-founder and CEO, GlowRoad said South Korea-based Korea Investment Partners (KIP) and Singapore-based Vertex Ventures are part of the investment. The company had recently raised $10 Mn in Series B from Accel Partners and CDH […]
Continue ReadingTickled Media: The Tickled Effect
15 May 2019
In just a decade, Roshni Mahtani, has achieved what many can only dream of – a successful tech media company that is taking a leap into the world of e-commerce. Starting off as a platform for parents to talk about ‘real’ parental issues and not mundane discussions on blues and pinks, she has now set […]
Continue ReadingPatent database could hold secrets to future of mobility
Keeping abreast of industry trends is vital to ensure that precious time and money is spent wisely. If new technologies and business models are snapped up by the competition, it could also result in companies being left behind. While the automotive industry has long used traditional market intelligence to forecast where things are headed, intellectual […]
Continue ReadingSoCash turns shops into cheaper ATMs
BANKS in Singapore spend about US$200 million a year on ATM maintenance, logistics, insurance, counting and cleaning cash, and a host of other expenses just to maintain circulation of physical cash, estimates Singapore startup SoCash. Singapore-based fintech startup soCash has received a government grant of an undisclosed sum from Singapore’s central bank, the Monetary Authority of Singapore (MAS). […]
Continue ReadingFullerton Manor in Canada enjoys 30% spike in revenue with Hotelogix Cloud PMS
13 May 2019
Hotelogix, a leader in cloud-based Property Management Systems has announced that the adoption and efficient use of its PMS have helped Canada’s Fullerton Manor Inn see a 30% growth in its revenue. This substantial growth in revenue is a result of a 20% increase in OTA booking and a 10% increase in direct booking. Newly renovated in […]
Continue ReadingHappyFresh bags $20m in Series C round
22 April 2019
Indonesia-based online grocery platform HappyFresh raised US$20 million in a series C round led by South Korea’s Mirae Asset-Naver Growth Fund. The startup, founded in 2015, plans to use the fresh capital to expand further across Southeast Asia. It will also invest in developing its technology as well as scaling its data science and omnichannel tech teams. […]
Continue ReadingBinance’s Singapore Fiat-to-Bitcoin exchange is launching next week
17 April 2019
Cryptocurrency exchange giant Binance will launch its new fiat-to-crypto platform in Singapore next week, its chief financial officer said. CEO Changpeng “CZ” Zhao announced in early April that the Singapore fiat “on-ramp” would be coming sometime this month. But speaking to CoinDesk Wednesday from Paris, Binance CFO Wei Zhou gave a more precise timeframe. “Next week we […]
Continue ReadingHow Licious is grabbing a big bite of the $30B Indian meat market
15 April 2019
India consumes meat worth around $30 billion every year and the demand is only expected to grow faster driven by economic growth, rising per capita income, urban trends, and a rise in the awareness of the nutrition provided by meat and related products. However, 90 percent of this demand has been primarily addressed by the unorganised […]
Continue ReadingInstaReM Drives 24% YOY Volume Growth in South Asia Corridor
09 April 2019
Transferring money back home to India is now easier than ever. During a recent South Asia-focused briefing for media and community leaders, Mr Vinoth Manoharan, Country Manager of InstaReM, one of Southeast-Asia’s leading digital cross-border payments companies with a growing presence in Australia, revealed that focusing on customer experience and convenience has been integral in the […]
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