The nine-year-old startup posted a net profit of USD 2.8 million on the revenue of USD 188.8 million for the financial year ended March 2019. NewsWorld’s most valued edtech startup Byju’s raises USD 200 million from General Atlantic2 mins read
With most Chinese citizens hunkering down at home to wait for the outbreak to subside, some delivery routes are no longer serviceable by normal means. NewsJD.com uses logistics drones as coronavirus disrupts traffic in China2 mins read
A B2B payment gateway company, Cashfree provides services like money collection, wage disbursement, and instant refunds. InsightsCashfree is making life easier for online companies in India: Startup Stories4 mins read
Forward School plans to use the new funds to create more tech-focused programs in science, technology, engineering, art, and mathematics. NewsEdtech startup Forward School banks USD 500k to add more tech-focused programs2 mins read
A crisis holds risk—but also opportunity. InsightsWhich tech companies are benefiting from the coronavirus?4 mins read
Moovby was one of ten regional startups to receive growth funding from -based Accelerating Asia. NewsMalaysian car-sharing startup Moovby raises USD 500k for regional expansion2 mins read
The coronavirus outbreak compounds difficulties for local smartphone makers, who were hoping for a post-New Year rebound. InsightsChinese smartphone vendors brace for 30 to 50% decline as a result of coronavirus5 mins read
E-commerce platforms are monitoring surging mask prices while the country’s IT ministry is dealing with fake news. InsightsThis is how Indonesia is reacting to the coronavirus outbreak5 mins read
FirstCry will use the money to expand its physical presence and compete with e-tailers such as Amazon India and Flipkart. NewsSoftBank invests USD 300 million in baby care company FirstCry2 mins read
WhatsApp, with over 400 million users in India, is now a formal contender to Alibaba-backed Paytm, Google Pay, Amazon Pay, and Walmart-owned PhonePe. NewsWhatsApp Pay is back in the game, gets India’s nod to roll out payments3 mins read