Startup
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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…
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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…
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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;…
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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…
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Saas Unicorn Amagi Receives Fresh Funding From General Atlantic Amounting To $105 Million
Bengaluru-based Saas unicorn Amagi has recently raised a whopping $105 million in a mix of primary and secondary funding from private equity firm General Atlantic. The funding round saw participation from Norwest Venture Partners and…
