CarTrade garnered bids for 263 million equity shares against an IPO size of 12.9 million equity shares. NewsIndian automobile marketplace CarTrade’s IPO oversubscribed 20 times3 mins read
Founded in 2012, OwnBackup recovers lost and corrupted data caused by human error, malicious intent, integration errors, and rogue applications. NewsIsraeli cloud data company OwnBackup raises USD 240 million at over USD 3 billion valuation2 mins read
Zomato, which entered the food delivery segment in 2015, completed a billion orders on its platform last week. NewsZomato’s losses expand 168% in April–June quarter2 mins read
Founder and CEO Lei Jun set a target for his company to surpass Samsung and become the world’s most popular smartphone company. NewsXiaomi eyes top global smartphone status within 3 years2 mins read
The startup claims to be profitable, with revenue growing by 500% since the onset of the COVID-19 pandemic. NewsLogistics tracking firm Parcel Perform snags USD 20 million from Cambridge Capital and SoftBank2 mins read
It isn’t difficult to envision a future where all transactions, operations, and public services in China utilize the cloud. News6 things you need to know about China’s cloud landscape3 mins read
50 years after the ‘Nixon shock,’ a new era in international finance is dawning. InsightsWill the digital yuan vanquish the dollar?10 mins read
The company recently launched an initiative to support patients suffering from rare diseases by making access to treatment easier to obtain. NewsAnt Group-backed MediTrust Health gets USD 300 million in Series C, plans IPO by end of 20212 mins read
Axie Infinity is the world’s fastest-growing video game, with daily active users hitting 800,000 in July, up 4,900% from January’s 16,000. InsightsWhat does Axie Infinity’s meteoric rise tell us about the play-to-earn game industry?4 mins read