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The Mumbai-based company is raising a total of US$500 million from this round of investment Japanese telecom and Internet giant SoftBank is looking to invest up to US$300 million in Indian cab-hailing leader Ola, according to a report by The Economic Times. The Mumbai-based company is raising a total of US$500 million from this round...

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Each plaintiff is demanding a compensation of US$440 527 Samsung Galaxy Note 7 users in South Korea have filed a class action suit against Samsung, according to a report by Bloomberg. They are demanding a compensation of 500,000 won (US$440) for “time and effort lost” during the phone’s initial and subsequent scrapping due to numerous...

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Frontier will maintain its current equity shareholding at 30 per cent, which will be valued at US$27 million Malaysia-based digital investment firm Frontier Digital Ventures today announced that it is going to participate again in a fundraising round for Zameen, a leading property portal in Pakistan. Having first invested in the company in May 2014,...

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Wealth management and life insurance in particular should see an exciting wave of transformational startups and business propositions emerge in years to come A game designer, hipster and digital nomad meet in a boardroom. No – this is not a joke. Insurers are increasingly bringing customer experience focused talent from startups and major tech giants...

The post Fintech, insurtech and institutions in Asia – a match made in heaven? appeared first on e27.

Sparkle is part of CapitaLand’s CapitaStar app Navigating Singapore’s labyrinth-like shopping centres can be really exhausting, especially when you have to jostle with seemingly unending streams of crowds. Major real estate developer CapitaLand wants to alleviate this problem through its new chatbot, Sparkle, which is available on its CapitaStar app. Users can engage with the...

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Chinese fintech companies represent well in the Top 100 of the list published by Fintech Innovators Alibaba Group’s fintech arm Ant Financial has been announced as the number one company in the Top 50 Established list of the Fintech100 2016, an annual list of the world’s “most successful, exciting and high impact” fintech companies published...

The post The China century: Ant Financial tops global fintech innovation list appeared first on e27.