CDP Institute

Escalating cyberattacks require companies to get serious about protecting customers.

InterSystems has partnered with Veromo to deliver Veromo’s Registration-as-a-Service (RaaS) capabilities directly within online banking websites.

Grab is acquiring premium supermarket chain Jaya Grocer. According to a filing with the US Securities and Exchange Commission (SEC), Grab said it will acquire all of the ordinary shares of Jaya Grocer and 75% of the preference shares of Jaya Grocer. This comes less than two weeks after the company’s Nasdaq listing and according to The Edge Markets, the deal is valued to be up to RM1.8 billion.

Philippine-based multi-channel commerce platform development startup, ChatGenie, has raised additional capital in its recent fundraising campaign as part of Accelerating Asia’s fifth cohort for its first batch of investments from its US$20 million Fund II.

American digital infrastructure company, Equinix, has announced that it is acquiring MainOne, a West African data centre and connectivity solutions provider with a presence in Nigeria, Ghana and the Ivory Coast at the rate of $320 million (N131.6 billion).

Kenyan retail-tech startup MarketForce is expanding into five further markets and targeting one million merchants after securing a partnership with fintech company Cellulant.  Co-founded in 2018 by Tesh Mbaabu and Mesongo Sibuti, MarketForce is a B2B retail marketplace that empowers informal merchants in Africa to source, order and pay for inventory digitally and conveniently, access financing, collect digital payments and make extra money by reselling digital financial services such as airtime, electricity tokens and bill payments.

South Africa-based crowd-solving startup, Zindi is using AI to solve real-world problems for companies and individuals. The startup has done that over the last three years they have been in existence. Just last year a team of data scientists under Zindi used machine learning to improve air quality monitoring in Kampala as another group helped Zimnat, an insurance company in Zimbabwe, predict customer behavior — especially on who was likely to leave and the possible interventions that would make them stay. Zimnat was able to retain its customers by offering... Read More >

GrubTech, a platform for restaurants and cloud kitchens, has raised a $13 million Series A investment. The funding was led by Addition, while other investors include BY Ventures and Hambro Perks Oryx Fund. GrubTech’s restaurant management system enables its customers to operate more efficiently as well as increase sales by operating multiple brands from a single location.

Dubai-headquartered digital asset exchange BitOasis has raised $30 million in a Series B round co-led by US VC firm Jump Capital and returning investor Wamda. BitOasis enables users in the Middle East to buy, sell and store crypto assets, including Bitcoin, Ethereum, Ripple, Tether, Bitcoin Cash, Litecoin, and a few others.

E-commerce roll-up play Opontia launched in June, raising $20 million in debt and equity to acquire older, small e-commerce brands in the Middle East and Africa. The company confirmed to TechCrunch that it has closed a subsequent round, a $42 million Series A nine months after it was founded.

Vervotech, a SaaS-based travel technology company has announced its collaboration with EaseMyTrip, India’s second-largest online travel platform, to enhance the travel portal’s end-user experience through Vervotech’s AI-powered hotel and room mapping platform.

Ernst & Young (EY) Australia and Microsoft have established a working group tackling Consumer Data Right (CDR) compliance deadlines for the energy sector.