Bigbasket couldn’t receive funds from Alibaba after India tweaked the FDI norms earlier in April. NewsIndian e-grocer Bigbasket eyes USD 100 million round led by Temasek2 mins read
The startup said it currently has over 60,000 users, plus 1,000 tutors and mentors. It has plans to expand to Saudi Arabia. NewsLebanese edtech Synkers raises USD 1.8 million to connect students with tutors and mentors2 mins read
The KPPU accused Grab Indonesia of offering preferential treatment to drivers in its rental program, but the case has been overturned by the South Jakarta district court. NewsGrab Indonesia wins legal battle against competition watchdog2 mins read
Backed by Y Combinator, Global Founders Capital, and Bedrock Capital, the round brings the company’s total funding to USD 15 million. NewsPhilippine fintech startup PayMongo bags USD 12 million in Stripe-led Series A round2 mins read
As China’s designated national semiconductor champion, SMIC still lags behind the world’s leading foundries such as TSMC. NewsChinese chipmaker SMIC shares sink following stricter US export controls3 mins read
The startup is an alum of Gojek’s accelerator program Xcelerate. It helps businesses understand their carbon footprints and take considerate actions. InsightsHow Jejak.in accelerates climate action with technology: Startup Stories4 mins read
It’s also the second spinoff from JD.com to go public so far this year. NewsKEY STAT | JD Health files for USD 3 billion Hong Kong IPO1 min read
ShopBack is still verifying which data has been compromised and is cooperating with authorities on the matter. NewsSingaporean cashback portal ShopBack investigates data breach2 mins read
TrialOS supports one third of registered clinical research in China and one fifth of adverse drug reaction reports, according to Taimei. NewsMedical software firm Taimei raises USD 176 million from Tencent, Hillhouse, others1 min read
World’s No. 2 NAND memory-chip producer braces for impact from Huawei sanctions. NewsJapanese chipmaker Kioxia delays IPO amid US-China tensions2 mins read