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In brief: NanoMalaysia sets up nanotech initiative targeting Indian startups

NanoMalaysia

NanoMalaysia CEO Rezal Khairi Ahmad

NanoMalaysia partners with 10000StartupsIndia, Foodie Box Group to kickstart nanotechnology initiative

The objective: The tripartite memorandum of agreement (MOA) will allow NanoMalaysia to initiate technology transfer activities through 10000StartupsIndia to enable Indian startups in sectors, including clean energy, textile, urban farming, healthcare and social enterprise, to adopt and deploy nanotechnology in their product offerings.

The nanotechnology intellectual property rights (IPR), products and solutions deployed are jointly developed and co-owned by NanoMalaysia and its suite of local SME partners.

About NanoMalaysia: Launched in 2011, NanoMalaysia is an entity under Malaysia’s Ministry of Science, Technology and Innovation (MOSTI), entrusted with nanotechnology commercialisation and industrialisation activities through a venture builder model.

ServiceNow acquires India-based Intellibot to improve digital workflow solutions

Who they are: ServiceNow is an NYSE-listed SaaS company focused on managing digital workflows for enterprises, whereas Intellibot is a robotic process automation (RPA) company based in Hyderabad.

The objective: ServiceNow intends to build Intellibot’s capabilities into its platform, enabling customers to easily integrate with both modern and legacy systems to drive productivity and strengthen existing artificial intelligence (AI) and machine learning (ML) efforts.

Also Read: How gamification is increasing productivity during COVID-19

This acquisition also supports ServiceNow’s broader commitment to the Indian market, which the company claims is one of its fastest-growing markets.

SoCash partners with Singtel’s DASH to provide mobile payment top-up solutions

Why: Through this collaboration, Dash users can top up their mobile wallets at selected SOCASH retail touchpoints throughout Singapore. The partnership is aimed at expanding payments and remittance services for Dash users using SOCASH’s network. With this partnership, Dash users will have more options to top up their wallets in their neighbourhood shops and minimarts.

About SoCash: SOCASH is a Singapore-based fintech company that aims to solve cash management and digital payment challenges for retailers using real-time payment infrastructure. It claims its goal is to convert every shop and customer into a virtual distribution network for banks and financial institutions.

DON DON DONKI, Grab sign regional e-commerce partnership

Who is DONKI: It is a popular specialty retail mart for affordable Japanese foods and products.

The objective: The partnership aims to offer consumers a more convenient and rewarding online and in-store shopping experience to cater to new consumer expectations of ultra-fast door-to-door delivery.

Grab will serve as DONKI’s preferred on-demand delivery partner in Southeast Asia and offer its cashless payment service across DONKI retail stores. DONKI fans and Grab users can conveniently shop and pay for DONKI products on the Grab app through GrabMart and GrabPay, and enjoy immediate or scheduled delivery straight to their door.

As DONKI continues its expansion across the region, both companies plan to collaborate on in-market campaigns to further engage Grab users and retail shoppers.

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Image Credit: NanoMalaysia

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