India

Faraday Future is now a listed company. Believe it.

Indian startups raised a whopping USD 12.1 billion across 382 deals—exactly half the number of deals VCs participated in last year to invest USD 11.1 billion.

Taking cues from other conglomerates, ByteDance is taking stakes in the entertainment industry.

Zomato’s IPO—India’s biggest so far this year—was sold in a price band of INR 74–76 a share from July 14–16.

There has been a lot of noise around employing drones for commercial deliveries. But nothing concrete has materialized yet as companies are still in the trial stage.

Tech companies across China are coming to Zhengzhou’s aid after a devastating flood.

Having raised over USD 850 million this year so far, on top of the USD 1 billion-plus funding it received from investors in 2020, the company is likely to continue its acquisition spree.

The company has raised USD 297 million via equity and debt funding from Accel, Apoletto Asia, B Capital, Goldman Sachs, and e-commerce retailer Flipkart.