This funding round will give an exit to some of its early investors with returns ranging between six-seven times. NewsIndian logistics aggregator Shiprocket raises USD 27 million to expand overseas2 mins read
India’s online grocery market is laden with multiple big players such as Amazon, Flipkart, BigBasket, JioMart, Grofers, Dunzo, and Swiggy. NewsReliance to buy e-grocer MilkBasket to deepen its footing in India’s online grocery market2 mins read
The takeover of YY Live has been “substantially completed.” NewsBaidu reports solid profits, expects first EV within 3 years2 mins read
Sugarbook saw an uptick in user traffic during the pandemic. NewsMalaysia bans sugar dating site for immoral activities, arrests founder2 mins read
Bank Syariah Indonesia is a consortium of three state-owned banks that will redefine the region’s Islamic economy. InsightsCan Indonesia’s mega sharia bank empower the country’s Islamic fintech ecosystem?7 mins read
New Delhi welcomes move in line with self-reliant manufacturing push. NewsAmazon partners with Foxconn to make Fire TV Sticks in India1 min read
The pandemic has helped B2B edtech startups find their footing as more and more schools have opened up to adopt their offerings. InsightsA new breed of edtech startups are growing in India as schools look for tech solutions5 mins read
Turning profits in BNPL relies heavily on economies of scale, but the future looks bright for companies that manage to strike the delicate balance. InsightsThe rise of buy now pay later in the Middle East: Overview and predictions8 mins read
Kuaishou’s blockbuster Hong Kong debut showed the huge investor appetite in the short video market. NewsByteDance’s Douyin eyes New York listing: Report2 mins read
JD.com is taking its third subsidiary public. NewsJD.com plans to list shipping unit to ride e-commerce boom3 mins read