Japanese investment firm Metaplanet has significantly boosted its Bitcoin investments, now holding over $400 million worth of the cryptocurrency. Recently, they acquired 330 Bitcoin for $28.2 million at an average price of $85,605 each, bringing their total to 4,855 Bitcoin. This move has resulted in a year-to-date yield of over 119% for the firm. Metaplanet ...
Asia is rapidly becoming a leader in banking innovation, especially with mobile QR code payments and the rise of superapps that integrate various consumer services. Unlike regions like the UK and US, which are still grappling with traditional payment methods, Asia’s central banks are collaborating to enhance their services for modern needs. They are moving ...
 "M2P Fintech secures Rs 850 crore funding, eyes expansion in Africa’s growing fintech landscape and strengthening operations in Asia.")
M2P Fintech, a banking infrastructure company, recently announced it has raised Rs 850 crore in its series D funding round, with a valuation exceeding Rs 6,550 crore. The round was led by Helios Investment Partners and included existing investor Flourish Ventures. The funds will support M2P’s operations in India and aid its expansion into Africa, ...
 "Top private equity firms, led by India-based executives, pivot towards India amid declining opportunities in China and Southeast Asia.")
Leading private equity firms like Blackstone and KKR are increasingly focusing on India, driven by a surge in significant transactions. Senior leaders are now based in the country to oversee regional investments. For example, Amit Dixit, who heads Blackstone’s Asia operations, has extensive experience in South Asia. KKR recently appointed Gaurav Trehan as Co-Head of ...
 "Vedanta targets EV market growth in Asia by ramping up nickel production, crucial for India’s trillion export goal by 2030.")
Vedanta, a prominent Indian conglomerate, is set to boost its nickel and nickel sulphate production to meet the growing demand for electric vehicle (EV) battery materials in Northeast Asia. The company recently announced plans to enhance its capacity, emphasizing the role of nickel sulphate in battery manufacturing. While India’s EV Market is still developing, Vedanta ...
 "Randhir Singh, a legendary sports administrator, is poised to become the first Indian president of the Olympic Council of Asia.")
Veteran sports administrator Randhir Singh, aged 77 and hailing from Patiala, Punjab, is poised to become the first Indian president of the Olympic Council of Asia (OCA) at the upcoming 44th General Assembly. A former shooter, Randhir has made significant contributions to sports administration since 1987, serving in various roles, including secretary-general of the Indian ...
Today’s Current Affairs: Indians Shine on Forbes 30 Under 30 List Forbes recently unveiled its 30 Under 30 Asia list, highlighting young entrepreneurs making waves across various industries in the Asia-Pacific region. The list features several talented Indian individuals excelling in sectors like entertainment, consumer technology, enterprise technology, finance, healthcare, and more. From singers and ...
