CDP Institute

Global cybersecurity firm, Trellix, opened a new data center in Mumbai, which will help customers in India meet their data residency and compliance requirements. It will help in detecting threat faster resulting in streamlined security solutions. Its new capabilities will help customers meet their data residency and compliance.

The report found that Aussie influencers and brands are not jumping on the NFT bandwagon as fast and as eagerly as its counterpart countries. The top 3 categories for NFTs in Australia are Art (12.7%), Music (10.4%) and Photography (8.4%).

Consumer advocate CHOICE has revealed that three of Australia’s largest retailers – Kmart, Bunnings and The Good Guys are using facial recognition technology in their stores, often without shoppers realising that they are being surveilled and their biometric information stored, raising concerns among privacy experts.

CARSOME Group, which operates a South-east Asian used-car online marketplace, is delaying its dual listing plans in Singapore and the US on concerns that deteriorating macroeconomic conditions could dent its valuation, according to people with knowledge of the matter. Malaysia’s most valuable technology startup has halted work on the planned offerings that were set for this year, the people said.

Grab Singapore, a leading superapp in Southeast Asia, announced that it has bought and relaunched Singapore’s food site HungryGoWhere and its accompanying social media channels. The revamped HungryGoWhere brand aims to address the growing interest of diners to reconnect with its local food scene in much deeper ways.

Early-stage VC firm Launch Africa Ventures has made its 100th investment, making it probably the most active investor in African tech startups, and closed its first fund at US$36.3 million.

Egyptian startup DXwand, an omnichannel conversational AI and digital assistant tool, that easily helps businesses turn conversations into growth insights, has closed a pre-Series A funding round of US$1 million to expand across the region and accelerate its AI research.

Nigeria has announced plans to regulate internet companies like Twitter, Facebook, WhatsApp, Instagram (all owned by Meta), Google and TikTok in a draft shared by the country’s internet regulator.

Innovations in digital technology has led to enhanced customer experience in the Indian insurance industry. Customer experiences have been higher due to technological innovations and increased usage. Scope of digital insurance penetration expected to grow significantly in future. That said, the digital insurance penetration in India is a mere 2 per cent when compared to China (6 per cent) and US (14 per cent).

CleverTap, a retention marketing platform has acquired Leanplum a San Francisco multi-channel customer engagement platform. With this acquisition, CleverTap has strengthened its footprint in the US and Europe. CleverTap will combine the product stack of both organizations and extend its world-class solutions and technology to all its customers and prospects worldwide.

India’s data centres market is seeing health growth that is driven by large hyper-scalers like Amazon Web Services, Google, Microsoft, Facebook, IBM among others, who are outsourcing their storage needs to third party data centre providers. The favourable regulatory support, rapidly growing cloud computing, increasing internet penetration, government effort on digital economy, growing needs of hyper-scalers are some of the major factors driving the demand for data centres in the country.

Zitcha has officially launched with the ambition to empower retailers to become publishers by monetising their owned and external media ecosystem. It connects the media assets of a retail brand including email, apps, digital in-store screens, Web and social media, allowing retail suppliers to connect directly with consumers.