India

CarTrade has raised INR 29.9 billion (USD 403 billion) through its IPO, which was a pure offer for sale by existing investors and shareholders.

Xiaomi does more than sell phones, but the company’s core business has taken it to great heights.

In April this year, Amazon announced a USD 250 million venture fund to invest in Indian startups.

Hyperlocal delivery startup Dunzo competes with e-grocers BigBasket and Grofers, e-retailer Amazon, and food delivery giants Swiggy and Zomato in the soon-to-be USD 5 billion quick commerce space.

Several medtech companies in India have started offering tech-enabled diagnoses and treatments for women’s health.

Check out Oasis, KrASIA’s sibling site.

The development comes three weeks after the Mumbai-based beauty brand closed a USD 71.3 million Series C round to scale its business across the South Asian market.

What happens when tech companies attempt to swat down hate speech?