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Byju’s New India CEO Arjun Mohan to Cut More Than 4,500 Jobs
The final size of the India workforce at Byju’s may still vary as various teams will be assessing the impact of the latest changes.
- Categories
- Education, Technology
- Region
- Asia Pacific
- Tags
- edtech, employment, failure
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Apple to Scale Up Production over Five Times in India to $40 Billion
The company has for the first time made available the 'made-in-India' iPhones on the same day it started selling the devices in other parts of the globe.
- Categories
- Technology
- Region
- Asia Pacific
- Tags
- manufacturing, scale
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Press Release: IFC, Sunteck Realty Create Joint Platform Investing up to US $90 million to Expand Green Urban Housing in Maharashtra
With a population exceeding 22 million, the MMR is India's largest and most active housing market, grappling with a significant housing deficit.
- Categories
- Environment, Investing, Technology
- Region
- Asia Pacific
- Tags
- decarbonization, housing, water
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Ant Group Introduces Ten Asian E-Wallets to China to Boost Cross-Border Mobile Payment
In total, these payment methods reach a population of over 175 million in Southeast and East Asia.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- fintech, mobile finance
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Japanese VC Incubate Fund Asia Announces First Close Of $50 Million Fund To Back India & Southeast Asia Startups
The VC firm will look to deploy the funds in 20 pre-seed and seed stage startups across India and Southeast Asia.
- Categories
- Investing
- Region
- Asia Pacific
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US International DFC Approves $20 Million for Ummeed Housing Finance
The project is expected to create a positive impact in Tier 2, 3 & 4 cities of India by improving access to institutionalized credit through affordable housing finance.
- Categories
- Finance
- Region
- Asia Pacific
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Zyp Raises $1.2 Million in Seed Funding, Launches Made-In-Pakistan Electric Bikes with Battery Swapping
The company said that in light of climate change and rising fuel prices in the country, the urgency to electrify transportation “has never been greater".
- Categories
- Transportation
- Region
- Asia Pacific
- Tags
- climate change, e-mobility, startups
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General Mills investing $12 million in India
General Mills, Inc. broke ground earlier this month on a new $12 million baking plant in Nashik, Maharashtra.
- Region
- Asia Pacific
- Tags
- corporations, manufacturing, scale
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