News

Archive for October, 2023

Categories : CDPI Emerging Markets
Dates : October 2023

Japan’s NTT launches US$50M data center in Malaysia

October 19, 2023
NTT Ltd, a Japan-based information technology (IT) infrastructure and services company, has launched its new data center in Malaysia with an investment of over MYR 234 million (US$50 million). In a joint statement, NTT and Malaysian Investment Development Authority (MIDA) said that NTT through its subsidiary NTT Global Data Centers Corporation has announced the launch of its new data center in NTT Cyberjaya campus.
CDPI Emerging Markets

Google Cloud forms strategic partnerships with Vietnam’s top game devs

October 19, 2023
Google Cloud has announced a strategic partnership with leading game developers in Vietnam, including VNGGames, Amanotes, and Wolffun Game. This initiative is set to boost the country’s status as a global powerhouse in the games industry. Harnessing Google Cloud’s infrastructure, analytics, and AI capabilities, these gaming companies will improve their services to larger audiences, gain critical insights, accelerate their market introduction, and revolutionise real-time player experiences.
CDPI Emerging Markets

Wareclouds secured a US$2M investment round for expansion in Brazil and Mexico

October 19, 2023
Wareclouds, the promising Chilean collaborative logistics startup founded in 2020 by Nicolás Aramayo and Arturo Quiroz, has successfully concluded its third financing round, attracting USD $2 million. The innovative proposal of Wareclouds lies in a business model where a digital platform connects individual households with small and medium-sized enterprises (SMEs) and large e-commerce operations. These businesses can store their inventory in these households, significantly streamlining logistics. Wareclouds’ owned fleet of dispatchers further bolsters this ingenious solution.
CDPI Emerging Markets

Kushki becomes first next-gen payment acquirer in LatAm, giving PSPs ‘more control’

October 19, 2023
Kushki, a unicorn payments technology company connecting Latin America through payments, has become the first next-generation merchant acquirer in the region; following primary membership with Visa and Mastercard in Mexico, Chile, Peru and Colombia. Before this development, merchants and payment companies in Latin America had to depend on one or more local acquirer processors per country which usually operated as monopolies established in the 1990s. Seven years since its founding, local regulators in the named countries have approved the company, making it the first non-bank entity to receive approval to operate as a merchant... Read More >
CDPI Emerging Markets

LeapFrog’s new fund to double down on financial and healthcare sectors in Africa and Asia

October 19, 2023
LeapFrog Investments, a private equity firm that is keen on the financial and healthcare sectors, plans to raise US$1 billion for a new fund targeting businesses in “global growth markets,” including Africa. The Emerging Consumer Fund IV is set to hold a final close in February 2024, having already secured the backing of several institutional investors, including the European Investment Bank (EIB) and World Bank’s IFC, which have committed US$60 million and US$50 million, respectively.
CDPI Emerging Markets

SA digital identity startup iiDENTIFii expands to Zambia with Zanaco partnership

October 19, 2023
Cape Town-based digital identity startup iiDENTIFii has partnered Zambian bank Zanaco to roll out its identity solution to Zambian consumers and citizens. iiDENTIFii has developed advanced face authentication technology that safely authenticates users via their cell phones or PCs within seconds. The startup operates across several industry verticals and is used by the largest pan-African banks, insurers and mining houses for both customer and employee authentication.
CDPI Emerging Markets

Mphasis, the India-based IT solution provider acquires Salesforce service partner Silverline for over US$132M

October 19, 2023
Mphasis, the India-based information technology (IT) solutions provider has acquired Silverline, a New York-based digital transformation consultancy and Salesforce service partner, for $132.5 million. Silverline will give Mphasis expertise in Salesforce and industries that include financial services, retail, healthcare, life sciences and media and entertainment.
CDPI Emerging Markets

Gupshup.io introduces Filli Cafe, UAE’s beloved cafe chain to WhatsApp to elevate customer experience

October 19, 2023
Gupshup.io, the leading global Conversational Engagement Platform has announced its collaboration with FiLLi Cafe, the renowned cafe chain in the UAE, to bring an unparalleled customer experience for its users on WhatsApp. FiLLi Cafe, celebrated for its iconic FiLLi Zafran tea and delectable offerings, will now be accessible through a dedicated WhatsApp bot, allowing tea aficionados across the UAE to explore the enticing menu, discover exclusive offers, and connect with the brand effortlessly.
CDPI Emerging Markets

VTEX, MoEngage partner to drive innovation in Indian market

October 19, 2023
VTEX, the global enterprise digital commerce platform, has announced its strategic partnership with MoEngage, an insights-driven customer engagement platform. By uniting the robust capabilities of VTEX’s comprehensive platform with MoEngage, this collaboration aims to empower B2C businesses to better understand their customers and provide exceptional customer experiences throughout their journey.
CDPI Emerging Markets

Sydney-based The Martec raises more than US$5M to accelerate global expansion

October 19, 2023
The Martech, a talent and recruitment content tech startup that’s already engaged with Marriott, Adobe, Siemens and Telstra, has raised more than US$5 million to expand the use of AI to scale authentic talent communications. Their technology can be used to identify an organisation’s top employee advocates and create video and written content using employee input, then distribute that across websites, social and other channels.
CDPI Emerging Markets