NewsCash-burning e-commerce platform Taojiji offers a debt-for-stake swap plan to pacify thousands of merchantsThe old cash-burning gamble does not always pay off. 3 mins read
Cloudtail had to temporarily halt its operations in February 2019 due to changes in India’s FDI rules. NewsAmazon India’s biggest seller Cloudtail reports profitability in FY 20192 mins read
Chinese EV makers set sight on state-owned capitals. NewsExclusive | EV maker Nio in talks to raise USD 700 million, build factory to roll out 200,000 cars a year1 min read
Southeast Asia has been a key market for CleverTap since January. NewsSaaS platform CleverTap closes USD 35 million Series C round led by Sequoia and Tiger Global Management2 mins read
True Balance allows users from tier 2 and 3 cities to check their mobile balance without internet. NewsKorean investors put in USD 23 million in SoftBank-backed Indian fintech company True Balance2 mins read
Qure.Ai tackles radiologist shortage in villages with automated diagnosis. NewsIndian AI startup in talks to raise USD 20 million to fight tuberculosis4 mins read
The company attends 130,000 clinics based in rural areas of 11 provinces in China. NewsRural area-focused medical industrial internet platform Mingyi Zhonghe raises USD 14 million in Series B2 mins read
The company keeps making strides into new areas, growing into a multi-faceted content provider. NewsByteDance to launch an AI tutor for kids in 20201 min read
Club Factory, AliExpress, and Shein are under the radar of India’s customs department for evading customs duty. NewsClub Factory raises USD 100 million in Series D round led by Qiming Venture3 mins read