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India to roll out its digital health IDs for 1.3b people

Bloomberg Indian Prime Minister Narendra Modi launched a program that will create a unique digital health identity for over 1.3 billion people and allow them to access their records online, part of an effort to enhance efficiency in a healthcare system constrained by the pandemic. The Ayushman Bharat Digital Mission, unveiled on Monday, aims to create digital health infrastructure to ...

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Southeast Asian startup deals hit record number in first half

Bloomberg Venture backers made a record number of investments in Southeast Asian startups in the first half of this year, though the value of those deals declined as investors focus on early stage deals in the region’s burgeoning internet scene. There were 393 investments across the region in the first half, topping the previous record of 375 in the first ...

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Alibaba nearing investment in Singapore unicorn Ninja Van

Bloomberg Ninja Van, a Singaporean logistics startup, raised $578 million from investors including Chinese e-commerce giant Alibaba Group Holding Ltd in a series E round. Existing investors B Capital Group, the venture capital firm set up by Facebook Inc co-founder Eduardo Saverin and Raj Ganguly, a former executive at Bain Capital, and European parcel delivery company Geopost/DPDgroup, also participated in ...

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