The world’s most controversial EV maker heads to China. NewslettersDaily Digest | Faraday might have a Future!1 min read
Indian SaaS companies currently generate USD 2–3 billion in annual revenue, representing about 1% of the USD 220 billion global SaaS market. InsightsIndian SaaS startups steal thunder of consumer-oriented peers as pandemic accelerates digitization7 mins read
The company has released its 2020 fiscal report, which shows narrowing losses. NewsEmbattled Luckin Coffee to pay USD 187.5 million to settle US investors’ claims2 mins read
Freshworks’ share price surge up to 33% to around USD 48 on the back of high investor demand, while its market capitalization ballooned to USD 13 billion on the first day of trading. NewsFreshworks becomes first Indian SaaS company to list shares in US after stellar debut4 mins read
The startup’s revenue surged 150% in the first half of 2021. NewsAirwallex raises USD 200 million, taking valuation to USD 4 billion2 mins read
Ride hailer claims plant is world’s largest staffed entirely by women. NewsIndian startup Ola opens all-female electric scooter factory2 mins read
Huabei is utilized by more than 200 million people and will be peeled off from the Alipay super app. NewsAnt Group’s Huabei consumer lending business shares credit records with China’s central bank2 mins read
The screen name of Kainaoa, the content creator who has been arrested, has been tweeted as a hashtag more than 445,000 times. NewsThai police take popular OnlyFans content creator offline, sparking public outrage2 mins read
With a new dark store network, Dropezy will offer 20-minute deliveries to customers who live close to its distribution hubs. NewsGrocery delivery startup Dropezy raises USD 2.5 million for dark stores in Jakarta2 mins read
The company currently serves 800 enterprise clients, 100,000 merchants, and 20 million consumers worldwide. NewsFintech developer Advance Intelligence Group raises USD 400 million, reaches USD 2 billion valuation1 min read