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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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Mercedes-Benz Malaysia charts best ever business performance in 2015. (more…)

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