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India-based OYO To Lay Off 600 Employees In Major Reorganisation
In a corporate and technological division restructuring, Oyo, which is a SoftBank-backed India-based hotel chain, is looking to lay off 600 staff members. In a statement, the company said, “OYO will downsize 10 percent of its 3,700-employee base, which includes fresh hiring of 250 members and letting go of 600 employees.” The company also added […]
Fraud Detection Startup FrankieOne Receives Fresh Funding From Series A+ Round
FrankieOne is an Australian compliance technology startup. It provides a global platform connecting customers to multiple identity verification and fraud detection vendors via one API. Recently, it has secured fresh funding of US$ 15.5 million for its Series A+ round which was led by AirTree and Greycroft that also saw the participation of Reinventure, Tidal […]
Touch ‘n Go eWallet To Expand Its Services To Mainland China And Sees Enhanced Security Features
Touch ‘n Go continues to see improvements and further expansion of its operations. The eWallet company has incorporated new security measures which were imposed on banks by Bank Negara Malaysia to combat malicious financial scams; this is due to the recent rise of security breaches among eWallets and bank transactions. The company’s Chief Executive Officer […]
LSIGraph Launches New Contextual Terms Feature For Improved Content Optimization
With its latest update, LSIGraph encourages its users to add contextual terms for improved SEO content, allowing higher search engine rankings and traffic growth. Kuala Lumpur, Malaysia – November 16, 2022 In its determined effort to help its users climb search rankings and grow traffic, LSIGraph launches a new update on its flagship SEO keyword […]
Indonesian Digital Trust Provider Seeks Series C Funding Round Lead By KKR
Kohlberg Kravis Roberts, also known as KKR, the global investment firm, said that it would participate as the lead investor for the Indonesian-based digital trust provider company, Privy. The Series C funding round, which will be led by KKR, is set to inject the digital trust provider with $48 million in fresh funding. The funding […]