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Dave & Buster’s, the food and entertainment company, to expand to Australia and India

Dave & Buster’s continues its global expansion plans, which began in 2022, with a 5-store partnership with the NightOwl Entertainment Group in Australia and a 15-store partnership with the Malpani Grou in India. These are the company’s second and third franchise agreements, as it cements the brand in APAC and MEA.

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Commonwealth Bank fine gets largest spam breach fine AU$3.5M (US$2.3M) from Australian regulator

June 8, 2023

The bank was fined by the Australian Communications and Media Authority for sending more than 65 million spam emails. A first batch of 61 million emails required recipients to log in if they wanted to unsubscribe, a second batch of 4 million were sent with no unsubscribe option, and a third round of 5000 were sent to people who had requested to unsubscribe.

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Malaysian sovereign wealth fund Khazanah leads US$15.3M Series B round for PolicyStreet

June 8, 2023

Malaysian insurtech company PolicyStreet announced it has secured US$15.3 million in a Series B round of investment led by sovereign wealth fund Khazanah, under its Dana Impak mandate. PolicyStreet intends to use the funds to strengthen its technology and underwriting capabilities. It aims to increase its on-demand underwriting policies to make protection more accessible and better tap into underserved and underinsured audience segments in Malaysia and the region.

CDPI Emerging Markets