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In this round of India Digest from October 1 to October 7, 2021, read our big story of the week, the weekly buzz, and more.

Curlec was one of the ten finalists of the Alibaba Cloud x KrASIA Global Startup Accelerator Malaysia Demo Day.

The move helps Grab comply with regulation governing local ownership.

Bhutan wants its own digital currency.

Aquant’s enterprise SaaS solutions provide predictive, actionable service recommendations through AI and machine learning.

The eight finalists of the accelerator’s Hong Kong Demo Day will be pitching in the program’s first in-person event.

The Baidu subsidiary could raise at least USD 500 million through a share sale in Hong Kong.

Indonesia currently has the highest adoption rate in Southeast Asia, but Vietnam will lead in 2026.

Low margins and high capital spending spark industrywide shakeout.

The startup aims to have 40,000 registered users by the end of 2021.