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Thailand’s Freshket Raised Funding To Develop Its Platform

Thailand’s B2B online marketplace for food businesses Freshket announced on Sunday that it has raised a six-digit US dollar first round of venture capital (VC) funding. Freshket founder and CEO Ponglada Paniangwet stated that the startup plans to use the funding to develop its platform, which was soft-launched in January. Freshket is also looking toward Vietnam and Indonesia
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Grameenphone's Profit Drops

Grameenphone Returns Unused Balance Of Connections That Were Blocked In Between 2008 And 2014

Grameenphone yesterday deposited Tk 7.33 crore with the telecom regulator against the unused balance of connections that were blocked in between 2008 and 2014. Bangladesh Telecommunication Regulatory Commission had blocked 2,540,666 SIMs of the market leader in the six years to December 31, 2014. The operator will now be eligible to resell these blocked numbers.
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BTRC

BTRC To Take Stern Actions Against Operators For False SIM Info

Bangladesh Telecommunication Regulatory Commission (BTRC) is going to take stern actions, including financial penalty if any mobile phone operator’s retailers are found involved with selling SIM cards using false information. The regulator is insisting that actions be taken, as the operators are pressurizing retailers to increase SIM cards selling to grab more customers, said officials.


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BTRC

BTRC Called Off Auction For Mobile Number Portability License

The telecom regulator has called off the much-awaited auction for mobile number portability-license. The auction was earlier scheduled to be held on September 28 last year. BTRC will now advise the government to use the beauty contest method to award the license. The mobile number portability-service allows mobile subscribers to switch from one operator to another without changing their existing-numbers.
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Grameenphone's Profit Drops

Grameenphone Sought Permission To Set Up Tower Company

Grameenphone has sought permission from the telecom regulator to establish a subsidiary company for its network infrastructure such as towers, energy equipment, and civil works, following the footsteps of Robi and Banglalink. Given the BTRC's policy of encouraging infrastructure sharing, Grameenphone now wants to establish the subsidiary, according to the application sent last week.
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Qourier

Singapore-Based Startup Qourier Has Raised US$626,000

Same-day delivery startup Qourier has raised S$890,000 (US$626,000) seed round to bolster its market share. Qourier will use the newly-raised capital to expand its teams and grow its service, as well as upgrade its platform to include smart notifications/recommendations to increase drivers’ efficiencies, open API integrations, knowledge center. It will also be looking into moving into a bigger office space.
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