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Opaque Systems secures cash to keep data private while enabling collaboration

TechCrunch

Gartner predicts that by 2025, over 50% of organizations will adopt privacy-enhancing computation, including confidential computing, to process sensitive data and conduct analytics. At least one firm anticipates that the confidential computing market will be worth $54 billion by 2026. ” The Opaque platform. .

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Colombian e-commerce enablement startup Melonn raises $20M to help SMBs scale in LatAm

TechCrunch

They were brought back together by the pandemic to start the e-commerce enablement company. CEO Gómez pointed out that Latin America has gone from being a laggard when it comes to e-commerce to being home to the world’s fastest-growing e-commerce market, which is estimated at over $100 billion and expected to double by 2025.

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Mosti Teams Up with Bursa Malaysia to Identify Startups and Boost Innovation in Malaysia

AsiaTechDaily

Minister Chang Lih Kang highlighted Mosti’s strategy to propel Malaysia closer to the government’s ambitious target of ranking among the top 30 countries in the Global Innovation Index (GII) by 2025, as articulated in the 12th Malaysia Plan (12MP). The new partnership is expected to support the program.

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Walmart invests $200 million in Indian mobile payments giant PhonePe

TechCrunch

India is one of the world’s most digital, dynamic and fastest growing economies, and we are pleased to have the opportunity to continue to support PhonePe,” said Judith McKenna, President and CEO for Walmart International, in a statement. At a $12 billion valuation, PhonePe is India’s most valuable fintech startup. .”

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Singapore e-commerce site builder Plugo raises $9m in Series A

AsiaTechDaily

Plugo’s intuitive design feature enables users to launch their customized online store websites in minutes, with no technical knowledge required. The sector, driven primarily by e-commerce, is on track to become a $130 billion digital market by 2025.

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Avataar raises $45 million to improve consumer shopping experience with life-sized 3D product evaluation

TechCrunch

By 2025, nearly 75% of the global population and almost all people who use social and communication apps will be frequent AR users, said Snap in a recent report, for which it collaborated with Deloitte. If you’re seeing 3D on a big large-volume service, it’s likely powered by us,” he said. The founding team of Avataar. Image Credits: Avataar.

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Privy accelerates digital transformation with $41m KKR-led Series C funding

AsiaTechDaily

It will also support the development of new consumer and enterprise products to enable Indonesians and businesses to access a wider range of services securely and accelerate broader digital transformation. The Company also intends to expand into overseas market to further accelerate growth.