CDP Institute

CapitaLand India Trust Management Pte Ltd, the trustee-manager of CapitaLand India Trust (CLINT), is acquiring a 4.01-acre freehold site in Ambattur, Chennai for Rs 83.28 crore to develop its third data centre in India. CLINT will invest an estimated total amount of Rs 19.4 billion (about Singapore dollar 328.8 million) to acquire the site and develop a state-of-the-art data centre in phases over the next four to five years.

Salesforce announced a collaboration with jewellery brand Jos Alukkas, to further enhance overall customer experience both in-store and online. Salesforce Service Cloud and Marketing Cloud will drive operational efficiency with employees while empowering the brand to take consumer experience to the next level. Jos Alukkas has been in the jewellery industry for almost six decades, with 40-plus showrooms across India, including major states in South India.

After several years of aggressive investment in the Australian tech market, top US venture capital firms have significantly scaled back investment which had surged during the pandemic. Cut Through Venture reports indicate that $638 million was raised by local startups this November in 44 deals, but found that number down from $1.3 billion the previous year.

The breach was not the result of hacking, but of what the company has called a “misalignment of databases,” and which allowed customer data to be published online. The company has 18.8 million customers, which is equivalent to about three-quarters of the country’s population, and it has reported that 132,000 customers had their data exposed.

Teleport, the logistics venture under Malaysia-based Capital A Berhad (formerly known as AirAsia Group Berhad), has raised new growth capital of $50 million from large institutional credit investors to extend its cross-border delivery capabilities in all key Southeast Asian markets.

Inflated prices of goods are causing Southeast Asian consumers to reduce their expenditures this year. At the same time, online shopping has not been spared by inflation and digital spend in the region has also been impacted this year.

Lagos-headquartered venture capital firm Future Africa is teaming up with TLG Capital, a London-based open-ended credit fund, to launch a $25 million venture debt fund earmarked for portfolio companies.

Kapu, a social commerce startup coming out of stealth today having raised $8 million seed funding, is hoping to help lessen the burden of buying food for Kenyan consumers, many of whom are grappling with sky-rocketing food prices.

South African data automation startup Synatic has raised a US$2.5 million seed extension round of funding to grow its footprint in the United States (US).

CleverTap unveiled RenderMax, a proprietary technology that can increase mobile push notification render rates up to 90% on low-end Android devices. Push notifications have the power to increase customer retention rates. Most marketers only focus on their push notification delivery rates, but a “delivered” notification that doesn’t render on the user’s device is a wasted effort.

Princeton Digital Group (PDG), Asia’s leading data center provider, launched its flagship data center (MU1) in India. Its MU1 data center provides 48 MW of critical IT capacity across two buildings and has achieved the rare feat of IGBC Platinum certification. With an investment of USD 300 million, MU1 is built across ~six acres within a larger IT campus at Airoli, Navi Mumbai. The campus will deliver secure and scalable data center capacity to hyperscalers – large cloud, content, commerce and fintech companies.

Zensciences, an award-winning B2B marketing agency announced that CRISIL Ltd, an S&P Global company has retained its services for its Digital Marketing mandate for the second year running. Zensciences has been enabling and managing the brand’s end-to-end social media marketing charter. The agency is also working with CRISIL to shape its brand communications in the digital medium.