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Car rental platform Zoomcar to acquire its competitor Revv as India’s car rental space consolidates

Last year Zoomcar was in talks with Drivezy for a merger that didn’t materialize.

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Luckin also revealed that it has surpassed Starbucks in the number of physical stores in China.
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Luckin enters unmanned retail market with new vending machines to speed up expansion
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Grab currently has 50 cloud kitchens across Southeast Asia.
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Grab unveils first cloud kitchen in Singapore
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Singapore and Indonesia accounted for about 93 percent of the total funding value last year.
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Southeast Asia records USD 226 million in health-tech investments in 2019: report
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Mumbai-based Testbook has raised USD 8.3 million from Iron Pillar.
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Indian edtech startups begin 2020 on a high note
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Grab will face competition from Gojek that will also launch a similar service in Malaysia this month.
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Grab officially launches GrabBike pilot in Malaysia
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The central bank charges a 0.7% fee for regular merchant transactions using QR codes.
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Indonesia’s QR code standardization is taking effect this year, payment providers not threatened with fees
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The brand aims to offer live-streamed English and maths courses to primary students in China.
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Tencent, Sequoia lead USD 80 million funding for VipKid’s new education brand Dami Wangxiao
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The funds will be used to grow the company’s development team and accelerate commercial operations in the US and Europe.
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Singapore startup Eko.ai raises USD 4 million from Sequoia India, EDBI, others
1 min read