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Backed by MDI Ventures and KB Investments, the fund aims to raise USD 150 million by early 2022. 

Kuaishou is increasing user engagement, leading to more e-commerce conversion as brands flock to the platform to sell and market their products.

The Singapore-based firm became a unicorn after raising USD 100 million in a Series C round in August.

Xiaomi’s core smartphone business is humming along as the company invests in its EV business by acquiring self-driving startup Deepmotion.

Chinese car owners take sides after a vehicle with assisted driving functionality was in a fatal crash.

Bazaar has raised around USD 38 million since its inception. It is one of the best-funded startups in Pakistan.

More than 6,000 diseases can be diagnosed by the company’s patient analysis algorithm.

Khatabook, which has raised over USD 200 million to date, competes with digital ledger solution providers such as OkCredit and Vyapar.

Flow connects its mental wellness app content with in-person events.

“The protesters don’t want to reach out to the company because they never take it seriously,” a Foodpanda rider told KrASIA.