USA> India based Byju is set to acquire USA based Osmo for $120 million

Byju Byju, operated by Think & Learn Pvt Ltd is set to acquire USA based Osmo for $120 million. Tapping Osmo’s physical to digital technology and content to expand its current offering, Byju is aggressively expanding internationally. Byju is an education technology firm that is based in Bengaluru, India. Founded by Indian origin Pramod Sharma, Osmo produces augmented reality games for More …

IRAN> China based Sinopec Engineering Company is set to invest $1 billion in Iran based Abadan Refinery expansion

sinopec logo China’s Sinopec Engineering Company is set to invest $1 billion to expand Iran based Abadan Oil Refinery. Abadan Oil refinery is one of the oldest crude processing facility in the southern oil-rich Khuzestan Province. Aimed at developing the second phase of Abadan oil Refinery, an agreement has also been signed between National Iranian Oil Engineering and Construction Company and Sinopec More …

NEW ZEALAND > US based Rimini Street is set to expand in New Zealand by launching a company subsidiary and opening new office in Auckland

Rimini Street logo A Global provider of enterprise software products and services, Rimini Street Inc. is set to expand its operations in the Asia- Pacific with the launch of new subsidiary and the opening of its new office in Auckland. Rimini Street is the leading third- party support provider for Oracle and SAP software products. Rimini Street’s premium, ultra-responsive support services in New More …

FRANCE > US based JPMorgan Chase is investing $30 million in Greater Paris, France and $500 million in the next 5 years all over the world on philanthropic activities

JPMorgan chase logo USA based JPMorgan Chase announced that starting January it will begin a five year plan with an investment of $30 million in Seine-Saint-Denis, a region of France to the northeast of Paris. Currently marked by high unemployment, crime, and homelessness, and has 28% of its population living below the poverty line. However, JPMorgan Chase intends to take advantage of two More …

CHINA > UK based ARM Holdings is set to invest $1.4 billion plus on research and development project in Sichuan project, China

Arm holdings logo ARM Holdings which is essentially a chip design company is set to sign an agreement with southwestern Sichuan province. ARM Holdings is expected to invest more than $1.4 billion in the research and development project according to Xinhua news agency, China. Japan’s Softbank Group owns ARM Holdings and the new facility in China will be on a project site of More …

AUSTRALIA > Hong Kong based eCargo Holdings Limited is set to acquire Australia based Jessica’s Suitcase and 85 percent of Metcash export business to China

ecargo logo Hong Kong based eCargo Holdings Limited is set to acquire Australia based Jessica’s Suitcase in which it had previously owned 45 percent. After the acquisition, Jessica’s Suitcase will enter the China market both online and offline. The acquisition is termed as the “missing piece of the puzzle for ECG” according to ECargo executive chairman John Lau as eCargo is good More …

USA > Singapore based EDBI invests in US based WalkMe’s Series F financing round for expansion of digital adoption platform in Asia Pacific region

edbi logo Singapore based EDBI invests in USA based WalkMe’s Series F financing round for expansion of digital adoption platform in Asia Pacific region. Led by Insight Venture Partners, EDBI joins the $40 million Series F financing round. WalkMe also had its first institutional investor, Mangrove Capital Partners, in this investment round. The total Series F funding raised was $50 million. WalkMe More …

SINGAPORE > UK based Duco, the global provider of enterprise data quality and reconciliation services, is set to open new office in Singapore

Duco logo UK based Duco, the global provider of enterprise date quality and reconciliation services, is set to open new office in Singapore. For supporting rapid demand in the region, the new office aims to cater customers in the Asia Pacific. The services offered by Duco are used by global financial institutions to accelerate digital transformation programs . Duco helps companies solve More …