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There are more than two dozen soonicorns in India.

Ola plans to launch 20,000 self-drive rental cars by 2020.

The company acquired Berrykitchen earlier this year with the intention to become the biggest online catering provider in the country.

Local partner Maxis ‘aware’ of warnings but does not ‘see any issues’.

The Chinese company is seen as a budget brand, but it wants to move upmarket in India to compete with the likes of Samsung, Oppo, and Vivo.

The partnership seeks to accelerate the electric vehicle ecosystem development in the country.

The e-commerce giant will employ a dedicated team to support Vietnamese businesses to sell globally on Amazon.

The Beijing-based search engine operator has seen a slide in its market value since the start of this year.

The round was joined by VentureTECH, Gobi Partners, 500 Startups, and Axiata Digital Innovation Fund.

The top player in China’s online literature business steps up to win overseas readers.