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The move comes as a response to the decline of investments in Israel’s seed-stage startups in recent years.

We are open to that option and we are now preparing for it, said Bukalapak CEO Rachmat Kaimuddin.

FirstCry has emerged as one of the biggest players in baby and mother care segment in the world’s second-most populous country.

The management announced on Instagram that an unnamed investor embezzled the clients’ funds, then disappeared.

Sales of new energy vehicles are expected to rise to 20% of the overall new car sales by 2025.

The healthcare sector was drawing most of the investor interest.

Dr. Öhman believes in the healing power of natural environments for people who suffer from the stressors of a hectic urban lifestyle.

Naspers-backed food tech major Swiggy—one of the first Indian food delivery companies that was betting big on cloud kitchen—had to shut and relocate many of its non-profitable cloud kitchens in April.

The competition began in 2020 with over 50 contests on six continents.

Four-year-old Udaan, which connects small and medium-sized retailers with manufacturers became one of the fastest startups to achieve unicorn status in September 2018.