Hillhouse Capital-backed oncology firm reached USD 2.05 billion in market cap following its IPO. Visual StoriesKEY STAT | Three of Hillhouse Capital’s healthcare investments went public on Monday2 mins read
The firm founded by Eduardo Saverin now has USD 1.4 billion of assets under management. NewsB Capital Group closes its second fund at USD 820 million1 min read
More entrepreneurs are discovering venture debt as a way to extend their cash runway. Q&AVenture debt can help weather the crisis, but it is not for everyone: Q&A with Genesis Alternative Ventures5 mins read
Seven out of the top 20 most-downloaded apps in India in 2020 are on the list. NewsIndia just banned 59 Chinese apps, including some of country’s most popular2 mins read
Edtech companies in the first half of 2020 received USD 795 million in funding, compared to USD 108 million it attracted in the same period last year. NewsEdtech firm Vedantu in talks with Coatue Management for a USD 100 million check3 mins read
The new JV, called Wibot, hopes to bring autonomous street-cleaning vehicles to the US and Europe. NewsCHINA BRIEF | Autowise.ai teams up with Boschung to bring autonomous street sweepers to Europe, US1 min read
The report provides separate reviews for their separate specific strengths NewsTel Aviv, Jerusalem rank sixth in new Global Startup Ecosystem Report5 mins read
At its annual game conference, Tencent announced new mobile games based on Japanese game franchises Street Fighter, Metal Slug, and Dynasty Warriors. NewsTencent to create mobile versions of famous Japanese games such as Street Fighter, Metal Slug2 mins read
Byton, which promised a vehicle with a 48-inch video screen spanning the whole dashboard, is unlikely to launch its debut model anytime soon. NewsEV maker Byton suspends operations in China, files for bankruptcy in North America and Europe2 mins read
As its food orders plummeted, Zomato let go of 13% of its 4,000-strong workforce in May. NewsFood tech unicorn Zomato to raise USD 100 million from Temasek3 mins read