Entrepreneur News Network

PolicyStreet Raises Additional US$5 Million from BlueOrchard, Extends Series C Funding to US$26 Million

Policystreet

Kuala Lumpur: Southeast Asian insurtech company PolicyStreet has raised an additional US$5 million in its Series C funding round from BlueOrchard, a leading global impact investment manager and member of the Schroders Group. The latest investment increases the company’s total Series C funding to US$26 million, strengthening its plans to expand digital insurance access across … Read more

Cribl Acquires Israeli Cybersecurity Startup CardinalOps to Strengthen AI-Powered Security Platform

Cribl Founder

San Francisco | Tel Aviv: U.S.-based telemetry management company Cribl has announced the acquisition of Israeli cybersecurity startup CardinalOps, strengthening its artificial intelligence-driven cybersecurity platform and expanding its global operations. While the companies did not officially disclose the financial terms of the transaction, industry estimates value the deal at approximately $100 million. The acquisition is … Read more

TCS Launches AI-Powered Autonomous Engineering Lab with NVIDIA in Bengaluru

TCS

Bengaluru | Mumbai: Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, has launched the TCS Autonomous Engineering Lab Powered by NVIDIA at its Global Axis campus in Bengaluru. The new facility will function as a dedicated Physical AI hub designed to accelerate the development, testing, and deployment of AI-driven … Read more

Spain’s Submer Group to Invest ₹19,000 Crore in Madhya Pradesh Semiconductor and Data Centre Ecosystem

Submer Group

Bhopal: Spain-based Submer Group has announced a ₹19,000 crore investment in Madhya Pradesh to develop semiconductor and data centre infrastructure, marking one of the state’s largest technology investments to date. The project is expected to generate nearly 5,000 direct employment opportunities while strengthening India’s rapidly growing semiconductor and digital infrastructure ecosystem. The announcement was made … Read more

ILO Report: Nearly 80 Million ASEAN Workers Could Be Impacted by Generative AI, But Mass Job Losses Unlikely

ILO

Singapore: Generative artificial intelligence (GenAI) is expected to reshape the future of work across Southeast Asia, with nearly 80 million workers in ASEAN employed in occupations that have at least some level of exposure to AI technologies, according to a new report released by the International Labour Organization (ILO). Despite the growing influence of AI, … Read more

Robo.ai Appoints Former INTERPOL President Ahmed Naser Al-Raisi as Chairman of Neurovia AI

Ahmed Naser Al-Raisi

Dubai: Artificial intelligence company Robo.ai Inc. has appointed H.E. Ahmed Naser Al-Raisi, the former President of INTERPOL, as the Chairman of Neurovia AI, its recently integrated subsidiary. The appointment takes immediate effect and marks a significant step in strengthening the company’s leadership, governance, and AI security capabilities. The move reflects Robo.ai’s strategy to build trusted … Read more

Top 10 Asian Startup Funding Rounds This Week: Aligned Leads with $60 Million Series B

Top 10 Asian Startup Funding

Asia’s startup ecosystem continued to attract strong investor interest during the week of June 28 to July 3, with companies across artificial intelligence, aerospace, robotics, healthtech, enterprise software, fintech, and consumer brands securing fresh capital to accelerate growth. From AI-powered business platforms to aerospace innovations and sustainable consumer products, startups across the region raised funding … Read more

Who is Shankh Mitra? Indian-origin CEO becomes the World’s Second-Highest-Paid CEO

Shankh Mitra

Two engineering graduates from Indian universities now sit inside the world’s most exclusive — and most scrutinised — pay bracket. When the Wall Street Journal published its closely watched annual ranking of the highest-paid chief executives at S&P 500 companies, an Indian-origin name landed in second place globally, trailing only Tesla’s Elon Musk. The executive … Read more

Kioxia Becomes Japan’s Most Valuable Company as AI-Driven Chip Demand Reshapes Corporate Rankings

Kioxia

Japan’s corporate hierarchy is undergoing a dramatic shift as Kioxia Holdings, one of the world’s leading memory chip manufacturers, has overtaken Toyota Motor Corporation to become the country’s most valuable company by market capitalization. The milestone underscores the growing influence of artificial intelligence on global financial markets, with semiconductor companies increasingly emerging as the biggest … Read more