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Rajitha Reddy

Journalist

Articles, Links, and Press

Otsaw Digital is testing robot deliveries in Singapore with 700 households

Otsaw Digital's robots are capable of delivering food and parcels automatically.

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Finder.com buys struggling startup GoBear

GoBear raised $97 million before shutting down its operations earlier this year

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Glints recruitment startup raises $22.5 million; largest funding for career platform in SEA

Glints fundraising is the largest to date for a career startup in Southeast Asia

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AirAsia plans to offer ride-hailing services similar to Grab and Gojek

AirAsia posted a record loss of $570 million for Q4 2020 after revenues fell by 92%

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Ascent, Wipro, and Amazon lead Series C funding of Indian startup MyGlamm; raises $24 million

Indian beauty startup MyGlamm is the first D2C company that Amazon invested in.

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TikTok owner ByteDance reportedly building a Clubhouse clone

ByteDance wants to dominate the social media space

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Fortnite creator Epic Games buys Tonic Games Group to build a gaming 'metaverse'

Epic Games made headlines last year due to the company's feud with Apple

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Klarna wants to replace credit cards with 'buy now pay later'; now valued at $31 billion

Klarna's main service lets customers buy now and pay later in 4 interest-free instalment payments.

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Malaysian launches Bukku.my to accelerate SME accounting digitalisation; raises $170k

Bukku's fundraising round was closed in 2 weeks back in December 2020.

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TransferWise rebrands as 'Wise'; now valued at $5 billion

TransferWise is expected to go public real soon.

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Malaysian founder of sugar-dating startup Sugarbook arrested

Sugarbook founder is being investigated for violating country laws.

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In just 6 months, Tesla's supercharger factory now up and running in China

There are currently over 730 Tesla charging stations in China, with over 410 supercharger stations being built in 2020 alone.

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A new accelerator is opening in Singapore, and it focuses on defense and aerospace

Starburst claims to be the first and only global defense and aerospace accelerator in the world.

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Fireside Ventures closes new $118 million fund; will invest in 15 - 20 new companies

Fireside Ventures focuses on investing in consumer brands, and has already deployed 95% of their first fund.

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India’s Prime Minister launches $136 million fund for startup companies

The government is investing 10 billion rupees in the new fund to grow startup companies in India

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Tesla to expand more aggressively in India; sets up new subsidiary company

India presents a huge market for Tesla, with lesser restrictions compared to China.

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The Asian Entrepreneur raises $8 million; rebrands to 'Empirics Asia'

Empirics Asia will continue what The Asian Entrepreneur has been working on and more.

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Flash is dead; Adobe officially ends support for the infamous browser plug-in

Adobe will also be blocking content from running on Flash players starting January 12th.

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Master the Mainframe is helping students gain experience in a fun and rewarding manner

Master the Mainframe is a virtual coding competition for students aged 13 years and above.

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China ride-hailing giant DiDi is now testing credit payment terms for its services

Credit payment terms provides more flexibility for DiDi's customers in China.

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Netflix of China, iQIYI, aims for aggressive Southeast Asia expansion; hiring up to 200 new staff in Singapore

iQIYI has quickly rose as one of the most popular video streaming platforms in China.

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5 Free Business Networking Apps to Find Collaboration Partners and Startup Founders

These free business networking apps are great for finding clients, partners, and even startup founders.

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