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Reliance Retail is now pulling off its inventories away from Amazon and Flipkart, both are its nemeses. NewsIndian conglomerate Reliance to launch e-commerce venture in escalating rivalry with Amazon3 mins read
India retracts angel tax, the sword of Damocles for its startup ecosystem, after introducing it seven years ago. NewsIndia gets rid of the ‘Angel tax’—a devil for startups2 mins read
Issues discovered include substandard quality, insufficient electrical insulation, and a lack of maintenance. News70% of China’s EV charging posts could be lethal, report finds2 mins read
Online education is a hot sector for investors in China. NewsHexiaoxiang, an online Chinese language learning platform for children, raises USD 28 million1 min read
The Jack Ma-led firm has some of the most valued companies in its portfolio such as Paytm, Zomato and BigBasket. NewsAlibaba holds off new deals in India as it re-evaluates its past investments2 mins read
The country’s health tech ecosystem is growing quickly. NewsSingapore’s health tech startups raised USD 105 million in 2018, according to Galen Growth Asia2 mins read
It is deeply rooted within WeChat’s ecosystem and is backed by Tencent. NewsWebuy, founded by former Alibaba executive, raises USD 100 million2 mins read
The largest financing deal in China’s online education sector this year so far. NewsGGV and KKR lead online math-and-science-teaching platform Huowa’s USD 85 million Series D financing1 min read
Uang Teman is set to acquire another P2P lending platform and expand into the Philippines. NewsIndonesian lending platform Uang Teman makes first close of USD 10 million Series B round1 min read
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