Fintech firm Xendit becomes a unicorn following USD 150 million funding

Fintech firm Xendit becomes a unicorn following USD 150 million funding

Published: Just now By Akshay Kedari

Indonesian financial technology company Xendit has reportedly secured USD 150 million during a Series C funding round which was led by Tiger Global. Other investors that participated in the latest fundraising included Ju....

Google fined USD 177 Mn by South Korea over anti-competitive practices

The fine is considered to be the ninth-biggest by the regulator to date. It was announced when South Korea’s Telecommunications Business Act, popularly known as “anti-Google law” came into effect.  South Korea&rs....

Samsung Biologics to participate in 2050 carbon-neutral initiative

South Korean biotechnology firm Samsung Biologics recently revealed the signing of a Memorandum of Understanding (MoU) to join the ‘Frontier 1.5D initiative’ to devise a climate risk management model. The company is set to join ....

England to become the first country to require EV chargers in new homes

Even the commercial establishments will be required to include EV chargers. The news echoes on U.K.’s efforts to achieve net-zero greenhouse gas emissions by 2050. The British government is expected to introduce a new law in 202....

Ola’s highly anticipated e-scooter sale postponed over website glitch

The sale date for the Ola S1 and S1 Pro e-scooters was previously scheduled for 8th September. Test rides for the Ola S1 and S1 Pro scooters will begin from October 2021. Ola Electric Mobility has postponed the sales of its first e-sco....

SoftBank, Deutsche Telekom partner to expand portfolio, scale business

Japan-based SoftBank Group Corp. recently announced a strategic alliance and an equity share swap deal with Deutsche Telekom AG (DT). As part of the partnership, SoftBank's more than 300 portfolio firms receive access to about 240 mill....

BMW places battery order worth USD 23.8 billion amid rising EV demand

The automaker is planning to use these batteries in its upcoming EVs. BMW had previously signed various battery cell contracts worth USD 14.2 billion. Bayerische Motoren Werke (BMW) AG has increased the orders for battery cells owing t....

TotalEnergies and Iraq ink USD 27 billion oil, gas, solar agreement

French multinational energy company TotalEnergies SE has reportedly signed a USD 27 billion contract for investing in oil, gas, and solar energy production in Iraq. Iraq’s oil minister Ihsan Ismail and Chief Executive Officer of Tota....

Google signs agreement with Engie for 140MW renewable energy supply

Google has recently signed a 140MW renewable energy supply agreement with Engie Deutschland. The utility company will build and manage an energy portfolio to deliver renewable electricity from solar and wind sources in Germany to Google. T....