CDP Institute

Dapio, the U.K.-based cashless payment solutions provider for businesses, today announced that it has raised $3.4 million to fuel the launch of its “Tap to Pay” solution for Android users in the U.K. and Europe. African payments giant Flutterwave co-led the growth round with Techstars.

Kenyan startup Apollo Agriculture, a commercial farming platform that helps small-scale farmers maximise their profits, has raised a US$40 million Series B funding round to help it expand internationally and enhance its product.

Morocco’s Al Mada Holding Group has launched a US$110 million pan-African venture capital fund to invest in fast-growing startups across the continent. Al Mada, an investment holding company controlled by the Moroccan royal family, is one of the largest private investment funds in Africa, and its new fund aims to attract innovative investors and take part in the exponentially growing African startup landscape.

The expansion of the Indian data centre industry will be supported by the accelerated adoption of digital infrastructure led by the pandemic, rising digital usage, cloud consumption and the national 5G rollout.

HiDoc Dr, India’s largest and leading doctor’s networking platform, acknowledges the huge impact and realizes the gigantic scope of Artificial Intelligence and Machine Learning in the medical domain. It is proactively adopting various techniques to enhance its services.

The Adani Group announced a multi-year partnership with Google Cloud, as the company aims to move more than 250 business-critical applications to Cloud. The strategic collaboration will tap each organisation’s expertise across best-in-class infrastructure, technology, and industry solutions to modernise the Adani Group’s IT operations at scale.

Based on analysis of 46 billion web sessions from around the globe and across 14 industries, these findings and the report are designed to help brands benchmark their digital performance against industry averages, highlighting where they should focus their attention and resources to gain a competitive advantage in today’s crowded market.

A coalition of independent news publishers including Broadsheet, Concrete Playground, Urban List, Star Observer, Australian Jewish News and Australian Chinese Daily have stopped publishing news for 24 hours as part of collective action called WaitingOnZuck, pressuring Facebook to pay small and medium organisations for journalism.

Australia ranks number one in Asia Pacific for most ransomware attacks, and seventh globally according to new research which reveals that 37% of all attacks on Australian organisations targeted the commercial and professional services sector, research also found that ransomware payments hit new records in 2021 as cybercriminals increasingly turned to Dark Web “leak sites”.

Indian merchant commerce platform Pine Labs has raised US$50 million from Vitruvian Partners, a London-headquartered international investment firm. With this newly secured investment, Pine Labs will continue to expand its BNPL offering in the Southeast Asia region.

Low-cost airline AirAsia has launched a subscription plan for customers in South East Asia. The subscription plan, called Super+, allows subscribers to fly anywhere with unlimited flight redemptions across all AirAsia airlines across the region, for both domestic and international destinations. Subscribers also have access to unlimited free delivery for AirAsia food orders and are covered by Covid pre-departure insurance. This makes them the only super app in the market that is able to offer this one-of-a-kind subscription plan that includes both travel and lifestyle products and services.

In 2018, Migrante got the idea for the e-commerce and lending company to provide durable goods, like cars, motorbikes and mobile phones, for gig workers in the Andes region. The company decided to develop secured loans for products that enable borrowers to improve their income, like motorcycles, cars and trucks, and unlike their competitors providing used vehicles, Migrante offers new vehicles.