Chrome-Cast-796x398

Chrome Can Now ‘Cast’ Sites, Music And Video Without An Extension

SD Asia Desk August 30, 2016

Nearly two months ago, Google included a ‘Cast’ option in a beta build of Chrome, which allowed users to beam content from their browser to Chromecast-equippedTVs and speakers, over a local wireless network. The company has now baked the Cast feature into the latest publicly available version of Chrome, so you can use it without an extension.

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airbnb

Indonesia’s Airbnb, Where Users Can Negotiate The Prices, Raises $2m

Accommodation booking site Travelio today raised a US$2 million pre-series

runnr-km6H--621x414@LiveMint

Food Delivery Platform Runnr Gets Around $7M Led By Nexus, Blume Ventures

Food delivery platform Runnr, the combined entity which was formed after

Smart-Card-New

PM Hasina To Launch Smart National ID Cards On Oct 2

The process of providing smart citizens’ identity cards, replacing the

citycell

Citycell To Pay Tk 4.775B Due To BTRC In 3 Months

The Appellate Division of the Supreme Court on Tuesday ordered

facebook_reuters-7591

Facebook Slapped With FTC Complaint Over WhatsApp Data Grab

Consumer privacy watchdogs filed a federal complaint Monday against Facebook

News

Chrome-Cast-796x398

Chrome Can Now ‘Cast’ Sites, Music And Video Without An Extension

SD Asia Desk World August 30, 2016

Nearly two months ago, Google included a ‘Cast’ option in a beta build of Chrome, which allowed users to beam content from their browser to Chromecast-equippedTVs and speakers, over a local wireless network. The company has now baked the Cast feature into the latest publicly available version of Chrome, so you can use it without an extension.

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airbnb

Indonesia’s Airbnb, Where Users Can Negotiate The Prices, Raises $2m

Tousif Alam Asia August 30, 2016

Accommodation booking site Travelio today raised a US$2 million pre-series A round led by Shanghai-based venture capital firm Gobi Partners. Travelio offers accommodation in hotel rooms, apartments, and private villas. Its unique proposition is that it gives travelers a chance to negotiate the price.

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runnr-km6H--621x414@LiveMint

Food Delivery Platform Runnr Gets Around $7M Led By Nexus, Blume Ventures

SD Asia Desk India August 30, 2016

Food delivery platform Runnr, the combined entity which was formed after the merger of Roadrunnr and TinyOwl, has raised around $7 million co-led by existing investors Nexus Venture Partners and Blume Venture Partners, as reported by TOI. Their former investor Sequoia Capital did not participate in this round. Runnr plans to go live on the consumer side in Delhi soon.  

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Smart-Card-New

PM Hasina To Launch Smart National ID Cards On Oct 2

SD Asia Desk Bangladesh August 30, 2016

The process of providing smart citizens’ identity cards, replacing the existing laminated ones will start on Oct 2 with a formal launch by Prime Minister Sheikh Hasina, Election Commission officials have said. The Election Commission initiative will require citizens to provide biometric details. Camps will be held at different localities to collect the biometric samples and for distributing new cards.

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citycell

Citycell To Pay Tk 4.775B Due To BTRC In 3 Months

SD Asia Desk Bangladesh August 30, 2016

The Appellate Division of the Supreme Court on Tuesday ordered Citycell, the country’s oldest mobile phone operator to pay its Tk 477.51 crore (Taka 4.775 billion) dues to the Bangladesh Telecommunications Regulatory Council (BTRC) in installments within three months. The court also ordered that Citycell can continue its operation on some conditions condition.

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facebook_reuters-7591

Facebook Slapped With FTC Complaint Over WhatsApp Data Grab

SD Asia Desk World August 30, 2016

Consumer privacy watchdogs filed a federal complaint Monday against Facebook over the tech titan’s decision to begin harvesting phone numbers from its popular WhatsApp messaging service. The complaint, which was expected, was filed with the Federal Trade Commission, and accuses Facebook of violating Section 5 of the Federal Trade Commission Act, which prohibits “unfair or deceptive acts or practices.”

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Livspace Raises US$15M To Help You Personalise The Interior Of Your Home

Tousif Alam Asia August 30, 2016

Livspace, an online home design automation platform, has raised INR 100 crore (US$15 million) in its third round of funding led by existing investor Bessemer Ventures Partners. The round also saw participation from other existing investors Jungle Ventures and Helion Venture Partners.

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t-mobile-office

T-Mobile Responds To Customers’ Concerns Over ONE Unlimited Plans

Tousif Alam World August 30, 2016

A week or so ago, T-Mobile announced its newest Amp One unlimited data plans with several catches. T-Mobile said it figured out how to give its customers unlimited data, and that is by throttling all video streams to optimize the network.

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sharp-results_1

Sharp Wants To Team Up With Japan Display In OLED: Nikkei

SD Asia Desk Japan August 29, 2016

Japan’s Sharp Corp is hoping to team up with its domestic rival Japan Display Inc in organic light-emitting diode (OLED) displays to catch up with South Korean manufacturers, the Nikkei business daily reported on Monday. They want to gather all Japanese talents in liquid crystal displays, develop (the OLED technology) and jointly manage.

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mitrabiotech

Mitra Biotech Raises $27.4M In A Series B Round Led By Sequoia India And Sands Capital Ventures

SD Asia Desk India August 29, 2016

Mitra Biotech Inc., a biotech company that develops and provides technologies that personalize cancer treatment, has raised $27.4 million in a Series B round of funding led by Sequoia India and Sands Capital Ventures . They plan to use the funds to expand the availability of its CANScript service, which predicts personalized responses to cancer treatments.

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space-market-daisuke-shigematsu

Japan’s Space Market, On-Demand Venue Rental Marketplace, Secures $4 Million

SD Asia Desk Japan August 29, 2016

Tokyo-based Space Market, offering a marketplace of unused or idle venues for on-demand rental use, announced today that it has fundraised about 400 million yen (about $4 million) in the latest round. They will use the funds to strengthen marketing efforts and human resources and also solidify business development in addition to management capabilities for both mid- and long-term perspectives.

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_90956807_uber.hq.g

Uber Suspends Services In Abu Dhabi

SD Asia Desk Asia August 29, 2016

Taxi-hailing company Uber has suspended its service in Abu Dhabi, the capital of the United Arab Emirates. Rival service Careem has also put its service there on hold after some of its cars were stopped by authorities. An Emirates newspaper, The National, reported that as many as 50 drivers had been arrested over the weekend.  

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snapdeal-logo-e1438841457524-600x300

Snapdeal Looking To Overhaul Its Brand Image, A New Logo And Tagline In Pipeline

SD Asia Desk India August 29, 2016

Online marketplace Snapdeal has initiated a branding overhaul as it seeks to create a clear niche for itself. Snapdeal, which is now a distant number three, is working on a new logo—one that resembles that of Dropbox, looking to introduce a fresh colour and introduce a new tagline, the people said on condition of anonymity.

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app.testing1.768x506.000-1

Mobile App Testing Platform Testin Scoops US$30M C Round For Overseas Expansion

SD Asia Desk China August 29, 2016

Testin, a leading cloud testing service in China, announced last week that it completed a US$30 million Series C funding round led by an undisclosed domestic dollar fund. This round of financing is earmarked for upgrading products and recruiting and expanding to global markets, according to a statement from the company.

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2016-08-26 (1)

Fashion & Beauty App LYKE Raises Close To US$4M Series A Led By Holtzbrinck Ventures

SD Asia Desk Asia August 29, 2016

Fashion and beauty app LYKE today announced that it has secured close to US$4 million in Series A funding, led by German Vc fund Holtzbrinck Ventures, which is looking to enter the Southeast Asian market. Singapore-­based APACIG also participated in the round with a significant contribution. The company plans to use the funding for product development.

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paytm

Paytm In Talks To Raise $300M From Goldman Sachs, Temasek, Mediatek

SD Asia Desk India August 29, 2016

Mobile payment and e-commerce platform Paytm, is in advanced talks to raise fresh funding of about Rs 2,000 crore ($300 million) from Taiwanese semiconductor maker MediaTek, Goldman Sachs, Singapore’s Temasek and other investors, as reported by ET. The money will be deployed across all of Paytm’s businesses -digital payments, online marketplace and the upcoming payments bank.

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iphone-650_650x400_81470720317

Apple Plans To Integrate Touch ID Into iPhone

SD Asia Desk World August 28, 2016

US tech giant Apple is planning to remove the physical Touch ID button below the screen and directly integrate with it the biometric functionality for its 2017 iPhone model, a media report said. Users will then need to press on the designated Touch ID area and will feel a slight vibration when the feature is activated.

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whatsapp-lede

Regulators and Watchdogs Are Coming Down Hard on WhatsApp’s New Privacy Policy

Tousif Alam World August 28, 2016

WhatsApp’s recent decision to share user data with parent company Facebook is quickly turning into a full blown privacy scandal. If you are not in the know about the move, it basically comes down to a change in terms and conditions that will enable sharing some WhatsApp info, like online status and your phone number with Facebook.

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Huwaei Pixlr

Huawei Flagships (Starting With Honor 8) To Come Preloaded With Truecaller Dialer App

Tousif Alam World August 28, 2016

Swedish company Truecaller has partnered with China’s Huawei to bring its popular smart dialer/caller ID app to the latter’s flagship smartphones, including the Honor 8 which has just been launched in the US and many other regions around the world. The Truecaller app will be rolled out to Huawei mobile phones.

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facebook-free-wifi-at-railway-stations-india

Facebook To Offer Free Wi-Fi At Railway Stations In India

SD Asia Desk India August 28, 2016

Facebook this time is going to provide free Wi-Fi on the Indian railway stations. Indian Railways’ communications arm RailTel, which has a robust optic fibre-based network across some 4,000 railway stations is in talks with the social network to provide free Wi-Fi services to not only to railway stations but also to villages in the vicinity as well.

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truecaller

Truecaller Lands Pre-Install Deal With Huawei

SD Asia Desk World August 28, 2016

Truecaller has landed a partnership with Huawei which will see its caller ID and smartphone book app pre-loaded on the fast-growing Chinese company’s overseas smartphones. The deal represents the most significant tie-up to date for Stockholm-based Truecaller, which offers social features inside the caller app and uses a crowdsourced directory to help identify spam calls.

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bing-money-ss-1920-800x450

Update to Microsoft Bing’s iOS app brings new reading Mode Option

Tousif Alam World August 28, 2016

Microsoft has pushed out a new update to Bing’s iOS app. The update bumps the app to version 6.7.2 and brings along several changes, including a new reading mode option. The new option will appear on news pages, making “reading more enjoyable.”

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applovin1

Mobile Ad Startup AppLovin In Talks For $1.5 Billion Acquisition

SD Asia Desk China August 28, 2016

Mobile ad startup AppLovin is in talks with a Chinese buyer for an acquisition of around $1.5 billion, according to multiple sources with knowledge of the company. Founded in 2012 by CEO Adam Foroughi, AppLovin operates a mobile ad network that helps advertisers target and deliver personalized ads to people who are similar to their existing user base.

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Fynd

Singapore’s Mobile Repair Platform Fynd Closes US$385K Funding Round Led By Far East Ventures

SD Asia Desk Asia August 28, 2016

Fynd, Singapore’s on-demand mobile device repair platform, has raised US$385,000 in pre-Series A funding in a round led by Far East Ventures and supported by industry veteran Koh Boon Hwee. Far East Ventures is the venture capital arm of Far East Organisation, Singapore’s largest private property developer. The funding will enable the company to accelerate its scaling around Southeast Asia.

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screenshot-2016-08-27-13-24-19

Opera Says Its Service For Syncing Web Browser Data Was Hacked

SD Asia Desk World August 28, 2016

Opera, which recently agreed to sell its browser business to a Chinese consortium, has reset user passwords for one of its services after its servers were breached by hackers this week. The company revealed that attackers gained access to Opera Sync, a service that lets users synchronize their browser data and settings across multiple platforms.

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axis-bank-thought-factory

Axis Bank Partners With Amazon Internet Services, Visa, And Others To Strengthen Association With Fintech Startups

SD Asia Desk India August 28, 2016

Axis Bank is engaging with Indian startups to develop fin-tech solutions to a next level. It has partnered with Indian division of AWS, Amazon Internet Services, Visa, and Oversea-Chinese Banking Corporation’s fintech unit ‘The Open-Vault at OCBC for the same. Under the partnership, Amazon Internet Services, will support startups with the technical expertise of AWS by hosting sessions with experts.

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Facebook-snoop

Facebook Changes ‘Trending’ To Hardly Rely On Editors

SD Asia Desk World August 28, 2016

Facebook Inc changed its popular “Trending” feature, which shows users the most-talked about topics of the day, to make it more automated and further eliminate the potential for human bias, the company wrote in a blog post on Friday. The update is Facebook’s latest attempt in recent months to stress its neutrality as its influence grows.

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Whatsapp-video-calling-feature-

Regulators And Watchdogs Are Coming Down Hard On WhatsApp’s New Privacy Policy

Tousif Alam World August 28, 2016

WhatsApp’s recent decision to share user data with parent company Facebook is quickly turning into a full blown privacy scandal. If you are not in the know about the move, it basically comes down to a change in terms and conditions that will enable sharing some WhatsApp info, like online status and your phone number with Facebook.

Read More
Bangladesh+Bank

Entrepreneurship Held Back By Poor Access To Finance: Analysts

Tousif Alam Bangladesh August 28, 2016

The private sector as an engine of economic growth is playing a key role in Bangladesh’s progress, but limited access to finance still remains as a major barrier to developing new entrepreneurs, analysts said yesterday. They also suggested creating an ‘entrepreneurial ecosystem’ to develop and promote entrepreneurship in Bangladesh.  

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googlewallet-table

Google Wallet Debuts Automatic Transfers So You Can Skip “Cashing Out”

SD Asia Desk World August 27, 2016

Google today announced an update to its Google Wallet mobile app, which now allows for automatic transfers to your bank account. That is, transfers will no longer require you to cash out money from your Wallet balance first. This will speed up the time it takes for Wallet users to gain access to their cash.

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mobikwik-690x390-final

South Africa’s Net1 Forays Into India’s Online Payments Space With A US$40M Investment In MobiKwik

SD Asia Desk India August 27, 2016

Net1 UEPS Technologies, a Nasdaq-listed alternative payments company headquartered in Johannesburg, has agreed to invest US$40 million in Indian mobile wallet company MobiKwik. The South African firm has also signed a subscription agreement with MobiKwik. As part of this, Net1’s virtual card technology will be integrated across all MobiKwik wallets, in order to provide ubiquity across all merchants in India.

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AlibabaCloud-640x360

Alibaba Cloud Partners With Infocomm Investments To Bridge SE Asia’s And China’s Ecosystem

SD Asia Desk Asia August 27, 2016

The cloud computing arm of Chinese internet giant Alibaba, Alibaba Cloud has announced it has signed a Memorandum of Intent (MOI) with government-backed VC Infocomm Investments Pte Ltd (IIPL) to ramp up innovation in Singapore’s tech ecosystem. This partnership seals the interconnectivity and open exchange benefits startups looking to the China market and Southeast Asia market through Singapore.

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Robi

Robi Rakes In Tk 12 Billion Second Quarter Revenue, Sees 5% Growth

SD Asia Desk Bangladesh August 27, 2016

Robi Axiata has posted 5.1% revenue growth in Q2 of 2016 in very challenging business conditions. The mobile-phone operator in a media statement on Thursday said the revenue rose to Tk 12.4billion in April-June period. It has maintained its subscriber base of 27.4million even though the biometric re-registration of SIM cards has slowed down new activation.

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An autonomous vehicle is parked for its test drive in Singapore Wednesday, Aug. 24, 2016. The world’s first self-driving taxis, operated by nuTonomy, an autonomous vehicle software startup, will be picking up passengers in Singapore starting Thursday, Aug. 25. The service will start small - six cars now, growing to a dozen by the end of the year. The ultimate goal, say nuTonomy officials, is to have a fully self-driving taxi fleet in Singapore by 2018, which will help sharply cut the number of cars on Singapore’s congested roads. (AP Photo/Yong Teck Lim)

Singapore Debuts World’s First Self-Driving Taxis

SD Asia Desk Asia August 25, 2016

The world’s first self-driving taxis will be picking up passengers in Singapore starting Thursday. Selected members of the public will be able to hail a free ride through their smartphones in taxis operated by nuTonomy, an autonomous vehicle software startup. The service will start small — six cars now, growing to a dozen by the end of the year.

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India-FINAL2

Low-key Loans Startup Raises $75m In 2016’s Largest Fintech Round Yet

Tousif Alam India August 25, 2016

On Tuesday, an Indian fintech startup quietly announced that it has raised US$75 million in funding, reports Business Standard. That makes it India’s biggest fintech round so far this year. The startup, InCred, will conduct small and medium business loans, education loans, and mortgage loans, among other things.

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Screen-Shot-2016-08-24-at-12.15.32-AM-990x653

Coda Payments Nabs $2M, Plans To Add Capabilities And Geographies To Its Online Payment Gateway

SD Asia Desk Asia August 25, 2016

Coda Payments, a Singapore-based Fintech startup has secured $2m from IMJ Investment Partners. The round also saw the participation of existing investors namely GMO Global Payment Fund, Golden Gate Ventures, and Toivo Annus. The funding would be used to expand into new geographies and to support more payment methods, such as subscription billing for services like music or film streaming.

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unacademyindianweb2

Unacademy Raises Additional $1M From Blume Ventures, Stanford Angels India And Marquee Angels

SD Asia Desk India August 25, 2016

Unacademy, Indian free online learning platform, has raised additional $1 million in their second round of external investment. In April 2016, they raised their first round of funding worth $500k. Unacademy is India’s largest free online learning platform that allows educators to create courses using their app on various subjects, including exclusive content for various competitive exams.

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google-android-marshmallow

New Google Drive Update Ends Support For Android 4.0, Brings Other Changes

Tousif Alam World August 25, 2016

Google has rolled out a new update to Drive’s Android app. If your Android device still runs Ice Cream Sandwich (Android 4.0), there’s some bad news: the Drive app on your device will no longer receive any updates.As for other changes, now you can easily upgrade your storage plan in-app.

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Careem-790x413

Careem Launches Economy Fleet In Islamabad

SD Asia Desk Asia August 24, 2016

Careem, the app-based car booking platform has launched its economy fleet for the residents of Islamabad. This launch shall provide the users with an option in the app to choose from amongst the Economy Car or the Business Car. They are already operating in Lahore & Karachi, and would provide a cheaper way of transportation for Twin-cities residents.

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xiaomi-redmi-note-3-review-5

Xiaomi Redmi Note 4, Redmi 4 Likely To Be Unveiled In China Tomorrow

SD Asia Desk China August 24, 2016

Xiaomi looks all set to introduce two new smartphones in China tomorrow. The company, in partnership with China Mobile, has released a new teaser image for its launch event, where it is widely expected to unveil the Redmi Note 4 and Redmi 4 smartphones. The teaser confirms the previous report that hinted at Redmi 4 launch on August 25.

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