Singaporean tech entertainment firm AnyMind raises US$26.4M Series B
AnyMind, a company started by Kosuke Sogo and Otohiko Kozutsumi, announced today it has secured US$26.4 million in Series B funding from Japan Post Capital and existing investors. The total capital raised to date is USD$62.3 million.
Already existing in 11 markets in Asia, the newly-raised capital will be used by the Singapore-based firm to scale its business and expand into India and the Middle East.
The group runs across three industries — entertainment technology, marketing technology and HR technology.
AnyMind Group is the parent company of AdAsia Holdings, TalentMind and CastingAsia.
Malaysia’s DoctorOnCall announces strategic partnership with Merchantrade Money
Malaysian digital health platform DoctorOnCall has partnered with money service business Merchantrade Money to expand user base, according to mobihealthnews.
Merchantrade Money application users simply have to click on “talk to a doctor” and “e-pharmacy,” to get a consultation.
“We believe this initiative will provide a growing number of our customers with better access to healthcare services and address any urgent medical needs conveniently and quickly. Our users could be overseas or in remote areas, therefore having DoctorOnCall directly on Merchantrade Money will give them the convenience and timely medical care they need, wherever they are,” said Ramasamy K. Veeran, Founder of Merchantrade Asia.
Oyo confirms 5000 layoffs globally as it aims to restructure
Indian hospitality giant Oyo confirms layoffs of over 5000 employees globally, according to Kr Asia.
“The worldwide overhaul was in full swing. By the time our restructuring process is complete, OYO will have over 25,000 employees worldwide,” Founder Ritesh Agarwal told Bloomberg.
“In our previous phase, we added a lot of properties to our platform and built the brand and mindshare. Our first focus of 2020 is growth with profitability, ” he added.
The Gurugram-based startup claims to have 1.2 million rooms across 40,000 properties in over 80 countries.
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Image Credit: Karla Rivera
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