BPIN Investment, a division of Thailand’s smart-energy giant Banpu Next, has provided further money to Singapore-based smart-battery swapping startup Oyika, according to regulatory filings.
According to Oyika’s papers with Singapore’s Accounting and Corporate Regulatory Authority (ACRA), Banpu Next, a division of energy juggernaut Banpu, which is listed on the stock exchange in Bangkok, is investing $8.75 million (RM38 million) in the startup as part of its Series B investment.
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