The co-founders of Battery Smart
Grab partners with IMDA, DISG to strengthen Singapore’s tech ecosystem
How it plans to do it: The partnership will see Grab work with Infocomm Media Development Authority (IMDA) and Digital Industry Singapore (DISG) to grow its product and engineering teams’ capabilities through the support of talent development programmes such as the TechSkills Accelerator (TeSA).
As part of its regional hiring efforts, Grab expects to create around 350 new jobs in Singapore this year.
Roles Grab is hiring in: Some of these hires will come from fields including AI, cybersecurity, data science, software engineering, as well as product management and design. Besides tech roles, Grab will be offering new employment opportunities in areas such as finance, operations, legal, public affairs and business development.
Bukku raises US$173k seed round
What will the funding be used for: The fresh funds, raised from six undisclosed private investors, will be used to expand its team and enter the Malaysian market.
About Bukku: Launched in 2020, the Malaysia-based startup provides cloud-based accounting software for small and medium-sized enterprises (SMEs). Besides, the company partners with dozens of accounting firms across the country, providing accounting services including company incorporation, company secretary, accounting & bookkeeping, auditing, and tax services.
Battery Smart raises seed round
Investors: The round was led by Orios Venture Partners, with participation by angel investment platform Faad Network.
What will the funding be used for: The fresh financing will go towards Battery Smart’s plans to construct 300 battery swapping stations in Delhi-NCR by the year-end and onboard 5,000 E-rickshaw drivers on its platform within the next 10 months.
Also Read: ‘Singapore isn’t ready for mass adoption of EVs yet; hybrid may be better for the present’
About Battery Smart: The Indian company provides advanced Li-ion batteries to e-rickshaws on a membership basis where the driver can stop at any of the company’s partner swapping stations and get a fully charged battery exchanged for a discharged battery.
Blueshift Raises US$30M Series C to scale customer data platform
Investors: The round was co-led by Fort Ross Ventures and Avatar Growth Capital. Existing investors including Softbank Ventures Asia, Storm Ventures, Conductive Ventures and Nexus Venture Partners also participated.
What will the funding be used for: Blueshift will use the proceeds from this latest funding round to further accelerate its global growth, as part of efforts to “cement” its leadership position in the customer data platform space.
About Blueshift: Blueshift is an AI marketing platform that leverages customer data to help brands deliver “relevant and connected experiences”.
More about the story: The Series C funding brings the total amount raised by the US-based startup to $65 million. Ratan Singh of Fort Ross Ventures will join Blueshift’s Board of Directors.
Indonesia to issue digital currency
The story: The Governor of Bank Indonesia Perry Warjiyo, said that the central bank will issue a digital currency. This development was reported by CNBC Indonesia.
More about the story: “We formulate the Central Bank Digital Currency, which BI will issue and circulate with banks and fintech on a whole shale and retail basis,” he told CNBC Indonesia.
Warjiyo also said that while the nation wants to introduce digital money, bitcoin will not be legal.
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Image Credit: Battery Smart
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