India: The Emerging Giant

Conflux Network Expands into Hong Kong

Retrieved on: 
Sunday, January 22, 2023
Bitcoin, Ethereum, Government, Hong Kong residents, COVID-19, Conflux, Travel, KPMG, Policy, Development, India: The Emerging Giant, HSBC, Creative industries, Property management, Cryptocurrency, Web3, Metaverse

Conflux is already in the process of registering related entities for the entry into Hong Kong, solidifying its role as foundational infrastructure for Web3.

Key Points: 
  • Conflux is already in the process of registering related entities for the entry into Hong Kong, solidifying its role as foundational infrastructure for Web3.
  • This follows October’s announcement of the “Policy Declaration on the Development of Hong Kong Virtual Assets” which has paved the way for a more hospitable blockchain environment in Hong Kong.
  • Dr. Ming Wu, Co-Founder of Conflux Network , was invited by the Hong Kong Government to discuss the rise of tech innovation through Web3 and how the Conflux Network could play a foundational role in these developments.
  • By expanding to Hong Kong, Conflux will be able to take a whole different strategy and have the potential to become the foundation to fulfill the Web3 vision of Hong Kong.'

KPMG Private Enterprise Announces the Winner of the Global Tech Innovator 2022 Competition

Retrieved on: 
Wednesday, November 9, 2022
Professional Services, Technology, Other Technology, Finance, Venture Capital, Consulting, Growth, Accident, KPMG, Ecosystem, India: The Emerging Giant, Advisory, Solution, AI, Knowledge, Technology, CEO, Renewable energy, Creative industries, Accounting

It is such an honor and a testament to our amazing team for HiiROC to be selected as this years KPMG Private Enterprise Global Tech Innovator winner, says Tim Davies, HiiROCs Founder and CEO.

Key Points: 
  • It is such an honor and a testament to our amazing team for HiiROC to be selected as this years KPMG Private Enterprise Global Tech Innovator winner, says Tim Davies, HiiROCs Founder and CEO.
  • We sincerely thank KPMG Private Enterprise and our KPMG Private Enterprise UK team for their support at every step in the process.
  • The panel of international judges for the competition included:
    Conor Moore Head of KPMG Private Enterprise in the Americas, Global Leader, Emerging Giants,KPMG Private Enterprise, KPMG in the US
    Conor Moore added, Our congratulations to HiiROC.
  • A software-defined active safety platform, using AI on-the-edge to perceive, predict and prevent auto accidents
    The inaugural KPMG Private Enterprise Global Tech Innovator Competition was introduced in 2021, to build upon KPMG in the UK's Best British Tech Pioneer competition.

Several Macroeconomic and Geopolitical Factors Drop VC Investment to Below $100 Billion in Q3’22 but Investment Flows to Priority Sectors Says KPMG Private Enterprise’s Venture Pulse Report

Retrieved on: 
Wednesday, October 19, 2022
Consulting, Professional Services, Venture Capital, Finance, Traction, Liberal Mid-America Regional Airport, Northvolt, KPMG, Machine learning, India: The Emerging Giant, ESG, TerraPower, Pulse, IPO, Research, Multimedia, Sant Celoni, Investment, Lithium, Advisory, Knowledge, Science and technology in Asia, SpaceX, AI, EV, Ecosystem, Food, Environment, Depression, Video game, Accounting, Renewable energy, Q3

Global VC investment fell for the third straight quarter, from $136.8 billion in Q222 to $87 billion in Q322.

Key Points: 
  • Global VC investment fell for the third straight quarter, from $136.8 billion in Q222 to $87 billion in Q322.
  • Europe experienced a sharp drop in VC investment between Q222 and Q322, from $31 billion to $18.7 billion.
  • Global corporate affiliated VC investment fell from $59 billion across 2,459 deals in Q222 to $40.5 billion across 1,810 deals in Q322.
  • After falling to a multi-year low of $10 billion in Q222, VC investment in China rose to $12.9 billion Q322.

Multiverse Labs launches world's first city in metaverse with government of Sharjah, United Arab Emirates

Retrieved on: 
Monday, October 10, 2022
GITEX, Emirate of Sharjah, Ras Al Khaimah Tourism Development Authority, Commerce, Thought, Government, Authority, India: The Emerging Giant, NVIDIA, Emirate, National IT Industry Promotion Agency, National, Excellency, NIPA, KPMG, Inception, Imagination, CEO, Recreation, Tourism, HSBC, Internet, Nigerian Supreme Council for Islamic Affairs, K-Startup Grand Challenge, Multiverse, Supreme Council, A.I, Cryptocurrency, Video game

DUBAI, UAE, Oct. 10, 2022 /PRNewswire/ -- Multiverse Labs™ has partnered with the Sharjah Commerce & Tourism Development Authority (SCTDA) to launch Sharjahverse, a new generation of metaverse tourism for the Emirate of Sharjah. Using the Multiverse Labs platform, Sharjahverse is a significant milestone as it is the first true metaverse of city scale with economic and social utility.

Key Points: 
  • Using the Multiverse Labs platform, Sharjahverse is a significant milestone as it is the first true metaverse of city scale with economic and social utility.
  • It is a photorealistic, physics-accurate metaverse that unlocks commerce, innovation and imagination at scale and promotes the emirate as a destination of excellence.
  • Cliff Szu, CEO, Multiverse Labs said: "Sharjahverse is both the world's first government backed metaverse city viewable by the public, and the world's most realistic metaverse.
  • Multiverse Labs willalso enable new opportunities for a changing planet as the nation-scale metaverse for simulation can reduce energy consumption and increase facility optimization.

Catheon Gaming and Polygon Announce Preferred Blockchain Gaming Partnership

Retrieved on: 
Thursday, August 18, 2022
Metaverse, Networks, Entertainment, Professional Services, Blockchain, Apps, Applications, Technology, Other Entertainment, NFT, Web3, Other Technology, Electronic Games, Ethereum, Dapp, Carbon, MMO, Ecosystem, DAPP, Giant, Polygon, Blockchain, Web3, Decentralized application, NFT, Partnership, MMORPG, Cosmic Break, Heart, Solution, India: The Emerging Giant, Publishing, Adoption, Cryptocurrency, Video game, L2, Prada, Onigiri, Adidas, Ubisoft, Web 2.0

Catheon Gaming (Catheon), the worlds fastest-growing integrated blockchain gaming and entertainment platform, and Polygon Studios, the leading Ethereum layer-2 scaling solution, announce today a preferred blockchain gaming partnership.

Key Points: 
  • Catheon Gaming (Catheon), the worlds fastest-growing integrated blockchain gaming and entertainment platform, and Polygon Studios, the leading Ethereum layer-2 scaling solution, announce today a preferred blockchain gaming partnership.
  • Through this partnership Polygon will support the launch of Catheon Gaming game titles, Onigiri and Cosmic Break, onto their network.
  • This partnership embodies the shared vision of bringing quality entertainment and gaming onto the blockchain and putting user experience front and center, said William Wu, Founder & Co-CEO, Catheon Gaming.
  • At the heart of this lies development quality, where the success in blockchain gaming truly lies, said Mark Aubrey, Co-CEO, Catheon Gaming.

Fintech and Cleantech Win as Global Venture Capital Investments Become More Focused

Retrieved on: 
Wednesday, July 20, 2022
Supply Chain Management, Technology, Professional Services, Venture Capital, Security, Other Technology, Retail, Alternative Energy, Fintech, Energy, Finance, Science and technology in Asia, Knowledge, IPO, Investment, Environment, Dailyhunt, KPMG, Industry, Gopuff, Liberal Mid-America Regional Airport, Multimedia, Pulse, India: The Emerging Giant, Epic Games, Advisory, USGlobal Airways, Calendar, Ecosystem, Mark (given name), Accounting, Renewable energy, Video game

Against a backdrop of geopolitical, supply chain and economic uncertainty, overall global VC investment is falling, but several sectors, including fintech and cleantech, are beneficiaries of more selective investments.

Key Points: 
  • Against a backdrop of geopolitical, supply chain and economic uncertainty, overall global VC investment is falling, but several sectors, including fintech and cleantech, are beneficiaries of more selective investments.
  • This is despite global VC investment dropping to $120.2 billion across 8,420 deals in Q222.
  • Soaring global energy prices and increased concerns around energy security has driven investors to look at alternative energy and storage options.
  • Global VC investment dropped considerably, from $165.3 billion across 11,468 deals in Q122 to $120.2 billion across 8,420 deals in Q222.

Global Venture Capital Investment Slows, but Market Remains Strong

Retrieved on: 
Wednesday, April 20, 2022
Professional Services, Venture Capital, Finance, Relex, Cloud, Technology, IPO, KPMG, COVID-19, Advisory, 4 Digital Group, Uncertainty, Getir, Mark (given name), Bolt, Inclined plane, India: The Emerging Giant, Ecosystem, Flexport, CVC, Book, Knowledge, Renewable energy, Video game, Pharmaceutical industry, Accounting, Swiggy

VC investment in the Americas fell from $103.3 billion in Q421 to $77.6 billion in Q122, while VC investment in Asia dropped from $55.2 billion to $32.6 billion.

Key Points: 
  • VC investment in the Americas fell from $103.3 billion in Q421 to $77.6 billion in Q122, while VC investment in Asia dropped from $55.2 billion to $32.6 billion.
  • Global VC investment dropped from a high of $191.9 billion across 10,775 deals in Q421 to $144.8 billion across 9,349 deals in Q122.
  • The US accounted for $70.7 billion of Q122 investment the Americas ($95.4 billion of investment in Q421).
  • Despite the uncertainty, VC investment will likely remain steady given the amount of capital available in the market.

Global VC Investment Soars Past $170 Billion in Third-Straight Record Quarter, Says KPMG Private Enterprise’s Venture Pulse Report

Retrieved on: 
Wednesday, October 20, 2021
Accounting, Professional Services, Venture Capital, Finance, Biotechnology, B2B, CVC, Ecosystem, COP26, EMA, Flipkart, Advisory, ESG, Climate change, Mark (given name), YTD, Knowledge, Science and technology in Asia, Pulse, Generate, India: The Emerging Giant, KPMG, GHG, Health, Video game, Renewable energy, Accounting, KPMG Private Enterprise, KPMG International Limited, KPMG PRIVATE ENTERPRISE, KPMG INTERNATIONAL LIMITED

A record 11 deals at, or over $1 billion during the quarter helped propel VC investment to the new high.

Key Points: 
  • A record 11 deals at, or over $1 billion during the quarter helped propel VC investment to the new high.
  • The Americas accounted for more than half of the global VC investment total, with a record $94 billion in funding during Q321.
  • VC investment in the Asia-Pacific region reached $48.1 billion in its best quarter since Q218 and its second-highest quarter of VC investment ever.
  • Global VC investment rose from $166 billion across 9,217 deals in Q221 to a record $171.7 billion across 8,682 deals in Q321.