Zupee, a leading innovator in India’s online skill-based gaming industry, has announced that it has raised $30 million at a pre-money valuation of $500 million in Series B funding round. This round of funding has been co-led by Silicon Valley based WestCap Group and Tomales Bay Capital, with participation from Matrix Partners India & Orios Venture Partners. Dilsher Singh This round comes within 6 months after its Series A round at a $100 million valuation, which is more than 5x increase in the company’s valuation. With total funds raised now at $49 million, Zupee is backed by some of the…
Author: Marie Jones
KGiSL, a global IT Products, Solutions, and Services provider, today announced the landmark contract that was won by KGiSL against significant competition from one of the largest stock exchanges in the ASEAN, The Stock Exchange of Thailand (SET). KGiSL will rollout Dolphin – a state of the art, cutting-edge technology back-office (BO) platform for brokers in Thailand. The platform will be hosted by SET and will be made available to brokers. The implementation is expected to be completed in the next 16 months. KGiSL’s flagship product for Capital Markets – Dolphin, caters to 60% of the leading institutional brokers in…
Asset Acquisition ushers Glimpse into the Architecture, Engineering and Construction (AEC) segment and entrance into the Australian enterprise markets The Glimpse Group, Inc. (NASDAQ:VRAR) (Glimpse or the Company), a diversified Virtual Reality and Augmented Reality (VR and AR) platform company providing enterprise-focused VR and AR software & services solutions, announced today that on August 13, 2021, it acquired the assets of Augmented Reality Investments Pty Ltd, an Australia based company (Auggd). Auggd (https://auggd.com/) provides AR software and services to the AEC industry in Australia, Europe, and the US, creating experiences that visualize buildings, bridges, roads and underground services at true…
More than 370,000 visitors attend Food Expo and concurrent events The HKTDC Food Expo, HKTDC Hong Kong International Wine & Spirits Fair (Special Edition), HKTDC Hong Kong International Tea Fair, HKTDC Home Delights Expo and HKTDC Beauty & Wellness Expo, organised by the Hong Kong Trade Development Council (HKTDC), as well as the International Conference of the Modernization of Chinese Medicine and Health Products (ICMCM), jointly organised by the HKTDC and the Modernized Chinese Medicine International Association, have all drawn to a successful close. The five public fairs brought together over 900 exhibitors and attracted more than 370,000 visitors. Benjamin…
Machinery purchases increase tape manufacturing capacity from 20 mil to 70 mil sqm Potential order book at 30 mil sqm Central Global Berhad (Central Global or Group), a producer of industrial masking tapes and label stocks as well as general building contractor, is in the midst of finalizing the purchase of machinery that will triple the Group’s manufacturing arm’s capacity to produce industrial masking tapes. With the purchase of the new machinery, the Group’s factory in Kuala Muda, Kedah, will have a capacity to produce up to 70 million square metres (“sqm”) per year of tapes from 20 million sqm…
Multifunctionality businesses rely on a strong network infrastructure that can support heavy data usage. With the quality of internet connectivity and broadband speed improving drastically, enterprises are seeking to shift from legacy MPLS to SD-WAN and SASE services. The shift in trend to cloud-based solutions combined with certain demographical advantages that APAC’s geographical positioning provides the potential for huge demand for SD-WAN and SASE services. The inaugural edition of SD-WAN and SASE Summit will digitally converge key players and experts to help Asian countries digitize at speed and scale, on 19 August 2021. The summit will feature eye-opening keynotes, government…
CDMO Business Achieves Leapfrog Breakthrough Two Products Approved for Launch Smooth Progress of Various Core Anti-tumor Drugs Clinical Trials To Allocate Resources to Boost Innovative ADC Drugs TOT BIOPHARM International Company Limited (TOT BIOPHARM or the Group; stock code: 1875.HK), a biopharmaceutical company dedicated to developing and commercializing innovative oncology drugs and therapies, announced today its unaudited interim results for the six months ended 30 June 2021. KEY MILESTONES IN 2021 1H In the first half of 2021, on the back of by national policies and driven by innovative R&D, the oncology drug market in China boomed and continued to…
Yanlord Land Group Limited (Z25.SI) (“Yanlord” or the “Company” and together with its subsidiaries, the “Group”), a Singapore Exchange-listed real estate developer focusing on developing high-end integrated commercial and residential property projects in strategically selected high-growth cities in the People’s Republic of China (“PRC”) and Singapore, today announced its unaudited first half year condensed interim financial statements for the six months ended 30 June 2021 (“1H 2021”). The Group’s revenue increased by 44.7% to RMB13.189 billion in 1H 2021 compared to the first half of financial year ended 31 December 2020 (“1H 2020”), of which, RMB11.359 billion was contributed from…
Week-long global gourmet food parade and a whole lot more The HKTDC Food Expo, HKTDC Hong Kong International Wine & Spirits Fair (Special Edition), HKTDC Hong Kong International Tea Fair, HKTDC Home Delights Expo and HKTDC Beauty & Wellness Expo, hosted by the Hong Kong Trade Development Council (HKTDC), opened today at the Hong Kong Convention and Exhibition Centre (HKCEC). The five public fairs have assembled 900 exhibitors from Hong Kong and beyond to showcase a global selection of delicacies and lifestyle products. About 85% of the exhibitors said they are making available at least one consumption voucher payment method…
Mainboard-listed Sunpower Group Ltd. (Sunpower or the Group), a leading provider of industrial steam with a sizeable portfolio of 100%-recurring, long-term, cash-generating Green Investments (GI) projects that uses innovative integrated environmental protection technologies to facilitate the development of the circular economy and help China attain carbon peak and carbon neutrality, today announced its financial results for the six months to 30 June 2021 (1H 2021). Results Highlights Completed disposal of M&S business to unlock value and improved return for shareholders Paid substantial Special Dividend of S$0.2412 per share Recognised gain on disposal of RMB934.0 million Green Investments (GI) is now…