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Business Wire India

InMobi, a global technology company powering the future of agentic commerce and advertising, today announced the acquisition of MobileAction, an AI-powered platform that helps app developers and marketers maximize visibility and reach new iOS app users. The financial terms of the transaction were not disclosed.

 

Founded in 2013 and headquartered in San Francisco, MobileAction is a pioneer in AI-driven app analytics and a trusted growth partner for app developers and marketers worldwide. The company is best known for its expertise in Apple Ads and App Store Optimization, helping marketers improve discoverability and performance.

 

 

The acquisition strengthens InMobi Advertising’s ability to help brands reach new app users across the iOS ecosystem, both through organic growth, and AI-powered optimization. It also extends InMobi’s full-stack advantage — pairing their agentic commerce consumer offering, Glance, with a global advertising platform now further enhanced by MobileAction’s specialized expertise.

 

 

MobileAction is widely used by leading global brands and app publishers, including Google,Meta, Doordash, Square, Zalando, Playtika, and Priceline. With access to data spanning over 90 million creatives, 6 million keywords, 5 million apps, 100,000 publishers, and 500,000 advertisers, MobileAction empowers marketers to make faster, smarter decisions in an increasingly competitive economy.

 

 

“As the advertising ecosystem shifts toward AI-led intelligence and platform-native expertise, marketers need partners who can deliver both scale and precision,” said Rohit Dosi, Vice President & General Manager, InMobi. “MobileAction’s AI-powered platform and leadership in helping marketers drive growth for their apps makes this a highly strategic addition to InMobi Advertising. Together, we’re better positioned to help marketers and brands drive sustainable, intelligent growth in an agentic world.”

 

 

“Joining InMobi marks an exciting next chapter for MobileAction,” said Aykut Karaalioglu, Founder & CEO, MobileAction. “I look forward to partnering with Rohit, and I am confident our shared vision for the future of agentic AI-driven advertising — spanning innovation, data-driven decision-making, and customer impact — will allow us to accelerate our roadmap and deliver even greater value to marketers worldwide.”

 

 

Following the close of the transaction, MobileAction will continue to operate as a dedicated platform, with its team across the United States, Europe and Turkey joining the InMobi Group. InMobi plans to invest further in MobileAction’s product innovation and global go-to-market efforts, with a strong focus on the US, APAC, MENA and other global markets.

 

 

About InMobiGroup

 

 

InMobi Group is a global technology conglomerate shaping the future of agentic commerce and advertising. Through its ecosystem of businesses — including InMobi Advertising and flagship consumer platform Glance — InMobi leverages data, machine learning, and generative AI to help brands reach audiences more precisely and consumers discover products more intuitively. Glance, which is pioneering new models of agentic commerce, is owned and operated by Glance InMobi Pte. Ltd., a non-consolidated subsidiary of InMobi Pte. Ltd.

 

 

About MobileAction

 

 

MobileAction is a leading App Store Optimization and app analytics platform that helps app developers and marketers improve visibility, performance, and growth across the App Store and Google Play Store. Founded in 2013, the company is headquartered in San Francisco with a global customer base spanning leading brands and publishers.

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260507604491/en/

Business Wire India

Tabelog (https://tabelog.com/en/), one of Japan’s largest (*1) restaurant search and reservation services operated by Kakaku.com, Inc., has announced that its multilingual smartphone app (iOS/Android) for travelers visiting Japan has reached 2 million downloads (*2).

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260507560248/en/

 

 

 

The app also ranked #1 in downloads among Restaurant Search Apps in Japan for International Travelers (*3) in Taiwan, Hong Kong, South Korea, and the U.S., reflecting its immense popularity among global visitors.
Download URL: https://tabelog-tourists.onelink.me/3eEh/iqkkho9r

 

The Trusted Choice for Global Travelers: Solving Two Major Dining Pain Points in Japan
For years, international visitors to Japan have faced two critical dining pain points:
[Pain Point 1] The Information Gap: Most available resources are tailored for tourists, making it difficult to find the true local favorites where locals actually dine.

 

 

[Pain Point 2] The Language Barrier: Since many restaurants only accept phone reservations in Japanese, travelers are often forced to miss out on the restaurants at the top of their list.

 

 

The Tabelog multilingual app provides a fundamental solution to these two pain points.
Leveraging an extensive database of genuine reviews and photos from local diners in Japan, the app is highly regarded for its ability to guide travelers to true local favorites.
By facilitating instant reservations in English, Traditional Chinese, and Korean, Tabelog fulfills the essential traveler desire to “Eat Where Locals Eat,” delivering a seamless and stress-free dining experience.

 

 

Superior Reliability Built on Japan’s Largest Dining Dataset
● Approx. 890,000 restaurant listings (Comprehensive nationwide coverage)
● Over 90 million reviews (Contributed by local diners in Japan)
● Over 200 million photos (Authentic shots of food and interiors)
● Over 70,000 restaurants available for instant online booking (*4) — from major cities like Tokyo, Osaka, and Kyoto to regional areas

This vast database serves as the definitive benchmark for travelers to discover “truly exceptional dining” across Japan.

 

 

Main App Features
1. Discover Gems Rated by Local Diners
Leveraging the honest ratings of local diners in Japan, the app helps travelers look beyond typical tourist recommendations. It fulfills the desire to experience the same quality and atmosphere that the local community enjoys every day.

 

 

2. Seamless Instant Reservations via Mobile: Overcoming the Language Barrier (*4)
By removing the requirement for phone conversations, the app empowers travelers to book in their preferred language. Reservations are completed in seconds with instant confirmation, giving users the freedom to explore Japan’s dining scene without the anxiety of language barriers.

 

 

3. Abundant Choices Across Japan: From Metropolitan Hubs to Regional Gems
Travelers gain access to the full spectrum of Japan’s culinary landscape, from world-renowned establishments in metropolitan hubs to hidden gems tucked away in regional areas. With over 70,000 restaurants available for instant online booking (*5), the platform’s reach extends far beyond traditional tourist centers to every corner of the country.

 

 

4. Intuitive UX Tailored for Global Travelers
The app integrates features designed for maximum convenience, such as “Save Lists” and sorting by “Most Reserved by Locals.” By streamlining the discovery process, Tabelog delivers an intuitive, friction-free experience that enables travelers to find the perfect restaurant with ease, even while on the go.

 

 

Looking Ahead: Empowering Local Economies and Advancing Sustainable Tourism
Tabelog is dedicated to fostering a world where international travelers can fully immerse themselves in Japan’s exceptional dining culture, completely free from language barriers.

 

 

By bridging the gap between global explorers and diverse restaurants across the nation, we aim to inspire journeys into undiscovered regional gems. This initiative promotes a more sustainable form of tourism—one that directs vital support to local businesses and communities far beyond traditional tourist hubs.

 

 

Tabelog remains committed to enhancing its features and expanding its reach, ensuring that travelers can seamlessly connect with Japan’s most authentic culinary gems, nationwide.

 

 

(*1)	Restaurant search and reservation site with the most listed establishments survey (May 2024/internal research). Accessed target sites (Tabelog, Hot Pepper Gourmet, Gurunavi, Retty, Hitosara) and tallied all listed establishments displayed in searches without filtering, by prefecture.
(*2)	As of April 30, 2026.
(*3)	November 2025/AppTweak research. Combined downloads from “Food & Drink (Restaurants & Cafes)” and “Travel & Navigation (Trip Planner)” categories on App Store and Google Play in surveyed regions (Taiwan, Hong Kong, South Korea, United States). Compared as Japanese Restaurant Search Apps.   Source: AppTweak (https://www.apptweak.com)
(*4)	A standard system usage fee applies to each confirmed reservation.
(*5)	As of May 7, 2026.

 

 

About Kakaku.com, Inc.

 

Founded in 1997, Kakaku.com has been operating since the early days of Japan’s internet era. Currently, the company plans and operates various web services deeply rooted in daily life, including the purchasing support site “Kakaku.com,” restaurant search and reservation service “Tabelog,” and job search aggregation service “Kyujin Box.” Listed on the Tokyo Stock Exchange Prime Market (Securities Code: 2371), the company provides platforms with the largest user bases in Japan across multiple sectors.
Service Overview: https://corporate.kakaku.com/en/service

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260507560248/en/

 

Business Wire India

Malaysia Airlines and Mumbai Indians today unveiled a new campaign film that reimagines the fan experience by bringing cricket to 30,000 feet. The film blends the thrill of the sport with the warmth of Malaysian Hospitality, celebrating the growing partnership between the two brands.

 

Titled “Cricket at 30,000 Feet”, the film follows a young Mumbai Indians fan whose ordinary journey transforms into an unforgettable mid-air experience. Joined by cricket stars Rohit Sharma, Hardik Pandya and Trent Boult, the fan experiences the spirit of the game in an unexpected setting, capturing the energy of cricket fandom and the joy of travel.

 

The campaign reflects Malaysia Airlines’ continued commitment to the Indian market and its ambition to connect with customers through culturally resonant storytelling, premium experiences and meaningful partnerships. It also brings to life the airline’s signature Malaysian Hospitality in a way that resonates strongly with cricket fans across the region.

 

Bryan Foong, Chief Executive Officer of Airline Business from Malaysia Aviation Group (MAG), said: “India is one of our most important growth markets, and cricket is a powerful passion point that connects millions of people across the country and beyond. Through our partnership with Mumbai Indians, we have a unique platform to engage fans in a way that feels natural, relevant and culturally meaningful. This campaign allows us to bring Malaysian Hospitality into that conversation while strengthening brand affinity, supporting travel demand, and driving deeper commercial relevance in a key market for the airline.“

 

A Mumbai Indians spokesperson added: “This film captures something that is true to Mumbai Indians, the love for this team travels far beyond boundaries and resonates with fans across the world. To see that come alive aboard a Malaysia Airlines flight, with our players at the heart of it, makes for a truly special moment. It reflects a partnership that continues to find fresh and creative ways to bring us closer to our fans.”

 

Malaysia Airlines is the Official Global Airline Partner and Associate Sponsor of Mumbai Indians, with branding featured on the team jersey. Since its launch, the partnership has delivered a series of fan-focused activations, including the Mumbai Indians-themed A330-300 aircraft livery, in-stadium experiences at Wankhede Stadium, and digital content collaborations throughout the season.

 

Building on a successful first season together, Malaysia Airlines and Mumbai Indians remain committed to creating memorable experiences for fans both on the ground and in the skies.

 

Watch the campaign film here: https://youtu.be/cDkMK-VJeaE

Business Wire India

Kati Patang, India’s rapidly growing premium beer brand, has won bronze at the prestigious 2026 London Beer Competition for its signature Saffron Lager brew. The London Beer Competition is a true benchmark for consumers looking to buy beer of the best quality, price and packaging. It recognizes the very best in brewing.

Kati Patang Saffron Lager was awarded for its technical excellence and unique ‘spiced beer’ profile on the global stage. It was specifically commended for its commercial viability and its sophisticated integration of Himalayan saffron.

Sharing his thoughts at this global recognition, Shantanu Upadhyay, Co-founder & CEO of Kati Patang Lifestyle Limited, said, “This recognition by the London Beer Competition underscores our commitment to brewing excellence and operational precision. It also reinforces our value proposition to global distributors and shareholders alike. None of our brews are ‘me-too’. Each one swirls uniquely and has native ingredients that tease the Indian palette and appeal to a global audience.”

He further added, “After being recognised as one of the best beers in India and winning accolades at the Berlin and New York International Beer Competitions, this award reinforces the fact that Indian companies can produce world-beating products.”

“Winning at the London Beer Competition validates our mission to redefine craft beer globally and showcases the massive potential of Indian craft beer,” said Lata Upadhyay, Co-founder & Chief Brand Officer of Kati Patang. “This award reflects our passion for creativity and our commitment to using honest, Indian ingredients like saffron from Kashmir to create a world-class experience”.

Strategic Global Positioning

This global accolade follows a period of rapid international expansion for the brand, including the recent acquisition of a majority stake in CHADKP HOLDINGS LIMITED, the parent company of Chadlington Brewery and The Tite Inn, Oxford.

This win also solidifies Kati Patang’s mission to introduce bold, authentic Indian flavours to the mature craft beer markets of the West. It is a testimony of a proud Indian rooted brand, going global.

A Masterclass in Spiced Brewing

Kati Patang Saffron Lager is a beer with a golden twist – light-bodied, distinctive, clean and crisp. It is gently steeped in Saffron from Kashmir, and is available in its gluten-free avatar in the UK.

The Saffron Lager represents the company’s ‘India-In-A-Bottle’ philosophy, blending traditional brewing techniques with premium indigenous ingredients. The judges noted the product’s ‘clean mouthfeel and refreshing finish’, highlighting its potential as a versatile offering in the global premium-dining and retail segments.

The judging panel at the London Beer Competition comprised of top-tier cicerones, sommeliers and retail buyers who noted the beer’s ‘clear gold and very pale’ appearance. Their official tasting notes highlighted:

• Aromas: Sweet corn and gentle spice with subtle coffee notes.
• Palate: A crisp mouthfeel leading to a clean, refreshing finish.
• Signature Ingredient: Authentic saffron sourced from Kashmir, which provides a distinctive, lingering aromatic profile.

 

Business Wire India

Under the guidance of Bank Indonesia and People’s Bank of China, the China-Indonesia cross-border QR payment linkage was launched between Indonesia’s Quick Response Code Indonesian Standard (QRIS) and China’s leading payment ecosystems, enabled by Alipay+, the unified wallet gateway of Ant International, and UnionPay International.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260507883208/en/

 

 

 

A milestone in regional connectivity, the initiative opens a new bridge for commerce between the 1.4 billion Chinese people and the 280-million strong citizens of Southeast Asia’s most populous and digital-native economy. Consumers from both countries now may make seamless and secure QR code payments using their home e-wallets.

 

At the launch, users of Alipay, an Alipay+ wallet partner, and the UnionPay App can pay at more than 40 million QRIS merchants across Indonesia, mostly MSMEs. On the other hand, QRIS-supported e-wallets and bank apps will be able to scan over 80 million Alipay and UnionPay QR codes within China.

 

 

The implementation of QR payments between Indonesia and China strengthens the commitment to using local currencies in cross-border transactions, enhancing visibility of exchange rate and travel convenience, and promoting more efficient tourism and trade flows.

 

 

Driving Growth for Local Merchants

 

 

This linkage significantly expands access for local businesses—especially micro and small enterprises—to international customers, between two major economies in Asia. For local Indonesian merchants, the launch requires no new hardware or integration: an existing merchant QRIS code is all that’s needed to accept payments from Chinese travellers, unlocking new revenue streams from inbound tourism and cross-border consumption.

 

 

In 2025, Chinese arrivals to Indonesia reached a six-year high, with more than 1.34 million visitors. Enabling frictionless payment for these visitors has a direct impact on merchant revenues, particularly for the MSMEs who make over 99% of all businesses in Indonesia.

 

 

Advancing Interoperability Across National Payment Networks

 

 

The QRIS–China linkage reflects a broader push toward interoperable, real-time payment connectivity across Asia. The cross-border QR payment linkage is a government-to-government initiative supported by industry partners like Ant International. Alipay+ provides the technical layer connecting both ecosystems, enabling interoperability between payment systems, allowing users to pay with their home wallets while merchants receive funds through their existing domestic infrastructure.

 

 

This collaboration is part of ongoing efforts to create an open, inclusive payments ecosystem that supports regional trade, travel, and digital economic growth. It also builds on expanding QRIS cross-border connectivity across ASEAN and beyond.

 

 

Cross-border QRIS transactions via Alipay showed good growth momentum during the pilot phase, reflecting the growing awareness and engagement for cross-border QR transactions. It also emphasizes the importance of strengthening innovation and digital readiness to ensure that digital transformation adds value to the national economy.

 

 

“Interoperability is the foundation of the next generation of cross-border payments,” said Michael Guo, Alipay+ General Manager for SEA, South Asia and ANZ, Ant International. “Through Alipay+, we connect national QR schemes with global merchants and wallet users, enabling local businesses to participate in the digital economy on a global scale. This recent launch reflects our continued commitment to building an open, seamless payments ecosystem that benefits merchants, consumers, and economies.”

 

 

As merchant adoption and wallet connection expand, the initiative is expected to further accelerate digital payment usage, strengthen financial inclusion, and deepen economic connectivity between Indonesia, China, and the broader region.

 

 

The Indonesia-China launch reflects Alipay+’s commitment to connecting with national payment schemes. As a unified wallet gateway, Alipay+ partners with 50 international e-wallets and bank apps, connecting their more than 2 billion user accounts to more than 150 million merchants, including over 10 national payment schemes across Asia and beyond.

 

 

Ant International is a leading global digital payment, digitisation and financial technology provider, offering a unified techfin platform supporting financial institutions and merchants of all sizes to achieve inclusive growth. It’s unified wallet gateway, Alipay+, provides cross-border payment and digital services that help connect global merchants to consumers.

 

 

About Ant International

 

 

Ant International is a leading global digital payment, digitisation and financial technology provider. Through collaboration across the private and public sectors, our unified techfin platform supports financial institutions and merchants of all sizes to achieve inclusive growth through a comprehensive range of cutting-edge digital payment and financial services solutions. To learn more, please visit https://www.ant-intl.com/

 

 

About Alipay+

 

 

Ant International’s Alipay+ is a unified wallet gateway with cross-border payment and digitisation services that help connect global merchants to consumers. Consumers enjoy seamless payments a broad choice of deals and the convenience of digital services using their preferred payment app/e-wallet while travelling abroad. Many small and medium-sized businesses already use Alipay+ digital tools to enhance efficiency and achieve omni-channel growth.

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260507883208/en/

 

Business Wire India

LMR Naturals by IFF — a global leader in natural ingredients for perfumery, cosmetics and flavors — will debut its latest innovations at the International Exhibition of Raw Materials for Perfumery (SIMPPAR), May 26–27 in Grasse. During the industry event, IFF will unveil new additions to its LMR Hearts collection, highlighting its naturals expertise and pioneering science.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260506065669/en/

 

 

 

“Responsible innovation has always been central to LMR,” said Bertrand de Préville, general manager of LMR. “Our strength lies in our ability to master the full range of natural technologies to support perfumers’ creativity. We’re connecting nature, science and creation to drive sustainable growth and deliver added value to our customers at global scale.”

 

Four New LMR Hearts Introduced at SIMPPAR
LMR Naturals’ new LMR Hearts, each developed through long‑term sourcing partnerships, sustainable agricultural practices and precision molecular distillation andfractionation at LMR’s Grasse site include:

 

 

• Lavandin Heart France, withastrong coumarin profile for a more gourmand note
• Armoise Heart Morocco, which isricher in thujones for a fresher, more diffusive impact
• Ylang Heart Madagascar, offeringa unique “extra grade”, creamy and solar olfactive profile

 

• Geranium Heart Egypt, featuring a fruity-lychee profile without conventional minty aspects

 

“These new Hearts illustrate how science and sourcing expertise can elevate natural ingredients,” said Bernard Blerot, VP R&D Naturals at IFF. “They provide greater purity and focus while maintaining the integrity of the natural material and demonstrate our team’s scientific stewardship.”

 

Natural Ingredients Innovation
The four LMR Hearts launched at SIMPPAR follow several natural ingredient innovations introduced earlier this year, including:

 

 

• Tonka Bean CO₂ Absolute, produced using renewable supercritical CO₂ extraction at LMR’s Aumont‑Aubrac facility in France
• Osmanthus Absolute Fruity China, a fruit‑forward interpretation developed as a captive natural for IFF perfumers
• Pulpextract™ Passion Fruit and Raspberry, two new fruit ingredients offering vivid, juicy profiles exclusively for IFF perfumers

 

Each new natural ingredient responds to sustained consumer interest in fruity and gourmand fragrance notes, which IFF insights show make up a significant and enduring share of women’s fragrances. LMR strives to continuously expand the perfumer’s palette with naturals that combine innovation, sustainability and olfactive expression.

 

These launches support IFF’s 25‑year investment in LMR and sustainable, natural materials, embedding pioneering science — from seed and cultivation to harvesting and extraction — in perfumers’ creativity at scale. In late May, IFF will further strengthen this integrated ecosystem with the inauguration of the Domaine des Naturals LMR in Grasse, a dedicated experimental field for raw materials that underscores its long‑term commitment to the future of naturals and innovation.

 

 

LMR Naturals’ integrated natural ingredients platform combines long‑term sourcing partnerships, agronomy‑led sustainability programs and internally operated extraction technologies — including molecular distillation, fractionation, CO₂ extraction and more. By operating these technologies on its own sites, LMR Naturals and its internal team of experts can focus on the most desirable olfactive molecules as selected by perfumers. With this approach, LMR Naturals delivers traceable, sustainable and performance‑driven natural ingredients for fine fragrance and other applications.

 

 

About LMR Naturals by IFF
Founded in 1983 by Monique Rémy and acquired by IFF in 2000, LMR Naturals is a trademarked capability within IFF dedicated to the development of high‑quality, innovative and sustainably sourced natural ingredients. LMR Naturals supports perfumers worldwide with a broad portfolio of naturals across fine fragrance, beauty, personal care, home care and flavorists with taste applications.

 

 

For more information, visit https://www.iff.com/scent/lmr-naturals/.

 

 

Welcome to IFF
At IFF (NYSE: IFF), we make joy through science, creativity and heart. As the global leader in taste, scent, food ingredients, health and biosciences, we’re innovating for the future. Every day, we deliver groundbreaking, sustainable solutions that elevate products people love — advancing wellness, delighting the senses and enhancing the human experience. Learn more at iff.com, LinkedIn, Instagram and Facebook.

 

 

© 2026 by International Flavors & Fragrances Inc. IFF is a Registered Trademark. All Rights Reserved

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260506065669/en/

 

Business Wire India

• Fund III closes 23% above target, more than double Fund II
• Around 50% of capital raised from existing LPs increasing commitments
• Fund III to invest in tech-enabled financial infrastructure and services companies across Europe and growth markets

 

Apis Partners Group (UK) Limited (“Apis”), a private equity firm investing in tech-enabled businesses in financial infrastructure and services, today announced the final close of Apis Global Growth Fund III and Apis Growth Markets Fund III (the “Funds” or “Fund III”), with combined commitments of $1.23 billion excluding co-investments, more than double its predecessor, Apis Growth Fund II, at $563 million.

 

The Funds closed 23% above target. Reflecting the strong performance of previous funds, which have already generated in excess of $1 billion in realisations to date, over 70% of existing LPs have re-upped and increased on their previous fund’s commitments, accounting for around 50% of the total capital raised in Fund III. The significant increase in fund size allowed Apis to welcome a number of new investors to its global institutional investor base, including sovereign and supranational investors alongside banks, insurers, pension funds, funds of funds and foundations.

 

 

Fund III will build on the strength of Fund II to invest meaningful minority stakes in high growth, profitable financial infrastructure and services businesses in Europe and select growth markets globally. An active deployer of capital in the sector, Apis has invested approximately $400 million from Fund III across seven investments to date. These include MoneyBox, a leader in the UK digital wealth management space, Coda Recharge, a leading European and Asian platform for prepaid digital goods, and Thunes, a global provider of cutting-edge digital payments infrastructure enabling instant cross-border money transfers, payment acceptance, and acquiring services headquartered in Singapore.

 

 

Matteo Stefanel, Apis Co-Founder and Managing Partner said: “We are delighted to welcome so many new and returning investors into Fund III. We continue to see opportunities in our target segment of profitable, high growth, tech-enabled financial infrastructure and services companies. We are well on our way to replicating the success of previous funds, by leveraging our experience in this sector and bringing capital and connectivity to our portfolio companies as we invest in the conduits to global economic activity, the pipes of the finance industry.”

 

 

Udayan Goyal, Apis Co-Founder and Managing Partner added: “We are incredibly grateful to our investors for their strong support of our sector-focused strategy, validating our belief that specialist funds outperform generalist funds. We look forward to continuing to invest in our key themes of embedded finance, democratisation of finance and the deepening of the digital economy through capital-light, high growth disruptive business models around the world whilst applying our proprietary impact methodology.”

 

 

The close of Fund III marks an active 12 months including three investments and realisations including exiting iKhokha and Baobab to Nedbank and Beltone Capital respectively. Apis was the highest ranked European private equity firm in HEC Dow-Jones’ 2025 growth capital private equity performance ranking and second globally, underscoring its consistent outperformance in delivering strong returns to investors.

 

 

Notes to Editors

 

 

Headquartered in London, Apis Partners (“The Firm”) is a private equity firm investing in tech-enabled financial infrastructure and services across Europe and growth markets, with US$2.3 billion AUM. The Firm invests in profitable, proven business models, partnering with management teams to support long-term growth and value creation.

 

 

For over a decade, we have invested in businesses across payments, insurance, and lending, that are the conduits through which the global economy flows. These businesses sit within regulatory and operational frameworks, and are attractive to strategic acquirers globally.

 

 

With over 40 professionals across three locations in London, Dubai and Singapore, responsible investment is embedded in how we operate, with ESG and impact considerations fully integrated throughout our investment process

 

 

Apis was the highest-ranked financial sector-focused firm and #2 globally in the 2025 HEC Paris-Dow Jones Growth Equity Investor Ranking.

 

 

www.apis.pe

 

 

LinkedIn: https://www.linkedin.com/company/apis-partners/

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260506645124/en/

 

Business Wire India

Yanolja Co., Ltd. (“Yanolja”), a global travel technology company, today announced its acquisition of InnKey, an India-based enterprise hospitality platform. The transaction, executed through Yanolja Cloud Solution (YCS), accelerates Yanolja’s expansion into the global enterprise hospitality sector.

InnKey provides a unified platform that integrates front office, food and beverage (F&B), purchase and procurement, financial accounting, and guest engagement, supporting more than 500 hotels across India. The acquisition strengthens Yanolja’s ability to support multi-property hotel groups with integrated solutions that streamline operations and enhance guest experience at scale.

“InnKey was built to unify hotel operations on a single platform and help operators manage increasing complexity as they scale,” said Viral Shah, Founder & CEO, InnKey. “Joining Yanolja allows us to bring that capability to a broader global customer base, supporting larger, multi-property hotel groups across new markets.”

InnKey’s platform has been deployed across leading hotel groups in India, including The Fern, Pride, Orchid, Treat, and Accord, and has integrated with global ecosystems such as Marriott International. These deployments demonstrate the platform’s ability to meet international standards for complex, multi-property operations and high Security Standards. 

As hotel operators expand across regions, demand is increasing for integrated solutions that centralize operations and provide real-time visibility across properties. InnKey’s platform addresses longstanding industry challenges caused by fragmented systems across reservations, front office, F&B, and finance.

“InnKey strengthens our platform with deep hospitality expertise developed in high-growth markets,” said Aeijaz Sodawala, CEO of Yanolja Cloud Solution. “The synergy between InnKey’s enterprise platform and Yanolja Cloud Solution creates a powerful engine for global growth to serve the full spectrum of the hospitality industry from boutique stays to global hotel chains.”

The transaction also reflects Yanolja’s commitment to the next era of travel technology.

“Yanolja is committed to transforming hotel operations in the age of AI,” said Junyoung Lee, Group CTO of Yanolja. “The future we envision is no longer a space merely managed by people, but a seamless system powered by AI. Through this evolution, operations will achieve unprecedented efficiency and reduce manual work, enabling staff to focus entirely on what matters most, the guest experience.” 

The acquisition builds on an existing partnership and positions InnKey for expansion into the Middle East and Southeast Asia, with no disruption to existing customers or ongoing projects.

Business Wire India

Toshiba Electronic Devices & Storage Corporation (“Toshiba”) has launched “TDS5C212MX” and “TDS5B212MX,” 2:1 multiplexer (Mux) / 1:2 demultiplexer (De‑Mux) switches that support next-generation high-speed interfaces such as PCIe® 6.0 ^[1] and USB4® Version 2.0 ^[2]. Volume shipments of the new products start today.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260506857843/en/

 

 

 

As servers, industrial testers, robots, and PCs continue to evolve, demand is growing for reliable switching of ultra‑high‑speed, wide‑bandwidth differential signals—such as PCIe® 6.0 and USB4® Version 2.0—within increasingly limited board space. Toshiba’s new products meet this requirement with a proprietary SOI process (TarfSOI™) ^[3] that achieves an industry‑leading ^[4] -3‑dB bandwidth (differential) of 34GHz (typ.) for TDS5C212MX and 29GHz (typ.) for TDS5B212MX. These wide bandwidths significantly suppress signal waveform distortion and help to improve reliability in high-speed data transmission.

 

The new devices can be used as 2-input/1-output Mux switches or 1-input/2-output De-Mux switches in high-speed differential signal applications, such as PCIe® 6.0 and USB4® Version 2.0. They support sharing of a single high-speed interface among multiple devices and switching signal paths according to system requirements.

 

 

Both products feature pin layouts optimized for high-frequency characteristics. In particular, TDS5C212MX minimizes signal path length to reduce reflections and losses, improving high-speed signal integrity. They both support an operating temperature range of -40°C to 125°C, making them suitable for industrial applications.

 

 

Toshiba will continue to contribute to next‑generation systems by developing high‑performance, highly reliable analog switches that support the evolution of high‑speed interfaces.

 

 

Notes:
[1]	A next-generation interface standard defined by PCI-SIG that doubles the data transfer rate to 64 GT/s compared with PCIe® 5.0.
[2]	An interface standard defined by USB‑IF that supports high‑speed data transfer of up to 80 Gbps.
[3]	TarfSOI™ (Toshiba advanced RF SOI): TarfSOI™ is an SOI-CMOS (silicon-on-insulator-complementary metal oxide semiconductor) front-end process technology developed by Toshiba for high‑frequency semiconductor applications.
[4]	As a 2:1 Mux / 1:2 De-Mux switch. Based on Toshiba survey as of May 2026.

 

 

Applications

 

• Industrial testers, robots
• PCs, servers, mobile devices, wearable devices, etc.

 

 

Supported Interfaces

 

• PCIe® series: PCIe 6.0 / 5.0 / 4.0 / 3.0
• CXL™ series: CXL 3.0 / 2.0 / 1.0
• USB series: USB4® Version 2.0 / USB4® / USB 3.2 Gen2×1 / Gen1×1
• Thunderbolt™ series: Thunderbolt 5 / 4 / 3 / 2
• DisplayPort™ series: DisplayPort 2.0 / 1.4 / 1.3 / 1.2

 

 

Features

 

• High -3-dB bandwidth (differential) supporting high‑speed differential signals such as PCIe® 6.0 and USB4® Version 2.0
  TDS5C212MX: 34GHz (typ.)
  TDS5B212MX: 29GHz (typ.)
• Wide operating temperature range: -40°C to 125°C

 

 

Main Specifications

 

Part number					TDS5C212MX	TDS5B212MX
Package	Name				XQFN16
	Size (mm)				2.4×1.6 (typ.), t=0.4 (max)
Operating ranges   (Ta=-40 to 125°C)	Supply voltage VCC (V)				1.6 to 3.6
	Signal pins differential voltage   VI/O(Diff) (V)				0 to 1.8
	Signal pins common mode voltage   VI/O(Com) (V)				0 to 2.0
DC characteristics   (Ta=-40 to 125°C)	Current consumption Iope (μA)	VS = 0V		Typ.	70
High frequency characteristics   (Ta=25°C)	–3-dB Bandwidth (differential) BW(Diff) (GHz)			Typ.	34	29
	Differential insertion loss   DDIL (dB)		f=5.0GHz	Typ.	-0.7	-0.7
			f=8.0GHz		-0.8	-0.8
			f=10.0GHz		-0.9	-0.9
			f=12.8GHz		-1.1	-1.1
			f=16.0GHz		-1.2	-1.2
	Differential return loss   DDRL (dB)		f=5.0GHz	Typ.	-21	-20
			f=8.0GHz		-24	-20
			f=10.0GHz		-21	-19
			f=12.8GHz		-20	-20
			f=16.0GHz		-14	-15
	Differential OFF isolation   DDOIRR (dB)		f=5.0GHz	Typ.	-33	-36
			f=8.0GHz		-27	-29
			f=10.0GHz		-25	-26
			f=12.8GHz		-24	-26
			f=16.0GHz		-24	-27
	Differential Crosstalk   DDXT (dB)		f=5.0GHz	Typ.	-41	-41
			f=8.0GHz		-37	-37
			f=10.0GHz		-35	-35
			f=12.8GHz		-33	-33
			f=16.0GHz		-31	-31
Sample Check & Availability					Buy Online	Buy Online

 

Follow the links below for more on the new products.
TDS5C212MX
TDS5B212MX

 

Follow the link below for more on Toshiba’s General Purpose Logic ICs.
General Purpose Logic ICs

 

 

To check availability of the new products at online distributors, visit:
TDS5C212MX
Buy Online

 

 

TDS5B212MX
Buy Online

 

 

* USB4^® is a registered trademark of USB Implementers Forum.
* Thunderbolt™ is a trademark of Intel Corporation or its subsidiaries.
* DisplayPort™ is a trademark owned by the Video Electronics Standards Association (VESA^®) in the United States and other countries.
* PCIe^® is a registered trademark of PCI-SIG.
* TarfSOI™ is a trademark of Toshiba Electronic Devices & Storage Corporation.
* Other company names, product names, and service names may be trademarks of their respective companies.
* Information in this document, including product prices and specifications, content of services and contact information, is current on the date of the announcement but is subject to change without prior notice.

 

 

About Toshiba Electronic Devices & Storage Corporation

 

 

Toshiba Electronic Devices & Storage Corporation, a leading supplier of advanced semiconductor and storage solutions, draws on over half a century of experience and innovation to offer customers and business partners outstanding discrete semiconductors, system LSIs and HDD products.

 

 

Its 17,400 employees around the world share a determination to maximize product value, and to promote close collaboration with customers in the co-creation of value and new markets. The company looks forward to building and to contributing to a better future for people everywhere.

 

 

Find out more at https://toshiba.semicon-storage.com/ap-en/top.html

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260506857843/en/

 

Business Wire India

XBOW, the leader in autonomous offensive security, today announced $35 million in additional Series C financing from investors Accenture Ventures, DNX Ventures, Liberty Global Tech Ventures, NVentures (NVIDIA’s venture capital arm), Samsung Ventures, and SentinelOne S Ventures. The raise extends its previously announced $120 million Series C round, and highlights a broader shift: major enterprises are not just adopting XBOW’s platform, but investing in it as they look to keep pace with increasingly sophisticated, AI-driven attacks.

 

“We’re learning in real time from teams operating at massive scale, and using that insight to build faster for defenders on the front lines,” said Oege de Moor, Founder and CEO, XBOW. “The strongest alignment is when your customers are also in the trenches with you as investors and partners.”

 

 

XBOW now serves more than 100 customers worldwide, including several strategic investors in this round, alongside industry leaders like Moderna and Seznam.

 

 

“The attacker’s point of view is foundational to defense, but difficult to operationalize. XBOW changes this by surfacing exploitable and novel findings at machine speed,” said Alex Krongold, Director, Corporate Development & Ventures, SentinelOne. “Each XBOW agent operates like an extension of our in-house red team, allowing us to scale offensive testing with speed and depth that was previously out of reach.”

 

 

Continuous Offensive Security at Machine Speed

 

 

Until now, attackers were constrained by talent. Even the most sophisticated adversaries could not target every system, every version, all the time. With AI, attackers now operate continuously and at scale, probing every release, every environment, and every exposed surface. Traditional human-led penetration testing cannot keep pace with AI-driven attackers and modern development cycles.

 

 

XBOW uses AI to find and exploit vulnerabilities in applications the way attackers do, running continuously instead of as a point-in-time pentest. It produces validated findings with a low false-positive rate, and can also confirm the exploitability of findings surfaced by other tools so security teams aren’t chasing noise.

 

 

As software ships faster, continuous offensive testing is becoming a core part of the security stack. XBOW lets customers test more often, cut validation backlogs, and proactively stay ahead of attackers rather than reacting to them.

 

 

Fueling Global Expansion

 

 

This latest financing further accelerates XBOW’s go-to-market expansion and international growth strategy. With the deep expertise and regional network of DNX Ventures across Asia Pacific, combined with Samsung’s role as a preferred reseller in South Korea, XBOW is expanding its distribution channels and partner ecosystem to accelerate adoption in this key global market.

 

 

“We’re seeing accelerating demand for XBOW as organizations look for continuous, intelligent security testing,” said a Samsung Ventures America representative. “As a customer, we’ve experienced the platform’s ability to surface real-world risks with speed and precision. XBOW stands out in a crowded market, and we’re excited to now back this talented team as both a partner and investor.”

 

 

The company recently surpassed 250 employees and continues to scale its go-to-market, engineering, and operations teams to meet accelerating enterprise demand. As XBOW enters its next phase of growth, it remains focused on expanding its global footprint and enabling security teams to operate at attacker speed, continuously, safely, and at scale.

 

 

For more information, please visit xbow.com.

 

 

About XBOW

 

 

XBOW is the autonomous offensive security company redefining cyber defense for the AI era. Combining AI reasoning with offensive security workflows, the XBOW platform delivers expert-level security testing at machine speed. XBOW empowers security teams to transform from reactive to proactive defense at AI scale. For XBOW customers, autonomous offense is the best defense.

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260506914922/en/