Venture Capital

Indian technology companies have been trying to distance themselves from their Chinese backers amidst the ongoing political tension.

The firm has greater ambitions than just being the operator behind payment platform Alipay.

The EV maker plans to enlarge its on-duty staff to 200 in the coming two weeks.

The fund will invest in around 10-15 companies and write checks worth USD 943,300 to USD 1.3 million.

The paradox of big guys getting big cheques hands-down while financing in general is getting harder to come by in China.

MDI Ventures became the largest multi-fund CVC firm in the country after closing a recent USD 500 million fund.

Amidst a capital winter that befell the technology sector in China last year, consumer-facing brands became the new frontier in investment circles.

The startup aims to become a leading online healthcare platform in China with an ecosystem that includes insurers, pharmaceutical companies, hospitals and drug stores.