Indonesian P2P firm UangTeman to raise up to US$20 million Series B

28/2/2018 – Indonesian peer-to-peer lending platform UangTeman announced today that it is set to raise a Series B financing round by mid-2018, claiming that it would be one of the largest rounds for a fintech firm in Southeast Asia. According to UangTeman Founder and CEO Aidil Zulkifli, the financing round is expected to be tens … Read more

SGX to see first fintech listing on Catalist board with Ayondo IPO

28/2/2018 – After a failed reverse takeover (RTO) involving Starland Holdings last year, European social-trading broker Ayondo Ltd has changed its course to become the first financial technology (fintech) enterprise to list on the Catalist growth board of the Singapore Exchange (SGX). Ayondo’s Chief Executive Robert Lempka said in an official statement, “The end of … Read more

Thai space technology startup mu Space to raise more than US$9.2 million in 2018

3/1/2018 – mu Space Corp, Thailand’s first space technology startup to acquire a satellite license is set to raise over 300 million baht (about US$9.2 million) this year in an effort to fund its business development and expansion. The fundraising round is planned after the startup has received a license from the National Broadcasting and … Read more

Gorakhpur Lok Sabha byelections: SP takes huge lead, Yogi Adityanath’s citadel crumbles

Uttar Pradesh Chief Minister and Bharatiya Janata Party (BJP) leader Yogi Adityanath is facing a serious challenge on his home turf Gorakhpur. The byelections for the Gorakhpur Lok Sabha Assembly seat is turning out to be in Samajwadi Party’s favour. After 11 rounds of counting, SP candidate Pravin Kumar Nishad is leading by 13,879 votes against his nearest rival … Read more

Amid Mohammed Shami-Hasin Jahan saga, elder daughter calls for peace

KOLKATA: The Mohammed Shami-Hasin Jahan saga continues to get murkier with time. Jahan, the wife of the Indian fast bowler embroiled in a domestic violence and adultery scandal, has alleged that her husband is a womaniser. According to her, Shami has had several extra-marital affairs and has fixed matches also. It has come to light … Read more

High-level corruption and massive irregularities at Meerut Development Authority

Evasive response of RTI applications on related matters There was allotment of plots by Meerut Development Authority (MDA) under Shatabdi Nagar Schemes. But there are confirmed reports that certain corrupt officials at MDA have prepared duplicate files under forged signatures in anticipation that genuine allottees might never return for taking possession of plots for which … Read more

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