CDP Institute

Within days of announcing mega investments for building in Hyderabad its second data centre cluster in India, Amazon Web Services (AWS) is excited about the India market, where cloud adoption offers massive headroom for growth.

Email validation and deliverability company ZeroBounce announces the launch of its India website. The site (zerobounce.in) processes customer data strictly within India, easing concerns about the country’s upcoming privacy laws. The new site is a result of user feedback and allows ZeroBounce’s customers the option to store and process all their data solely within India. ZeroBounce hosts all its related services in India, including the front and back-end website.

Aleph Group Inc., a leading global enabler of digital advertising, connecting thousands of advertisers in emerging countries with the world’s leading digital platforms, has partnered with ShareChat (Mohalla Tech Pvt Ltd), India’s largest homegrown social media company. Aleph supports the world’s leading platforms in 90+ markets across the globe where they don’t have a physical presence, enabling platforms like Twitter, Meta, Snapchat, and nearly 35+ others to expand into new markets and enabling advertisers to take full advantage of the platforms’ advertising capabilities.

Australia and New Zealand Banking Group Ltd (ANZ) said it had earmarked A$100 billion ($67.63 billion) to help its customers lower carbon emissions by 2030, as the lender looks to accelerate its transition to net zero. Part of the amount will be used for initiatives, which include facilitating concessional loans for businesses to buy energy-efficient equipment, and financing construction of energy efficient large-scale office buildings. Australia’s fourth-largest bank also said it would reduce exposure to its largest carbon-emitting customers that do not improve their emission transition plans by 2025.

A new report by the Australian Prudential Regulation Authority (Apra) found climate change could make banks more vulnerable to economic downturns as they face up to a threefold increase in lending losses by 2050, but the report says, that the system should be able to absorb the impact.

SK Telecom (SKT) announced that it had signed a memorandum of understanding (MOU) with Singapore-based communications technology group Singtel, to jointly grow the metaverse business in countries where the group operates in, starting with Singapore.

The annual e-Conomy SEA report projects that the Philippine digital economy is on track to hit $20 billion Gross Merchandise Value (GMV) by the end of the year. This is a $3 billion growth from last year’s $17 billion projected value.

Addem Capital, a Mexico City fund focused on Latin America, granted $3.1 million to Atria, a start-up that offers loans for the purchase of pre-owned cars in the country. Atria was founded in 2022 as a disruptive startup that is revolutionizing the pre-owned market by offering simple, transparent, and agile loans. Atria’s proposal is backed by a team that has in-depth knowledge of the sector and expertise in loans, risk management, analysis, and technology.