NewsQutoutiao’s free novel platform Midu raises USD 100 million in Series B amid suspensionThe target is to maintain 10 million daily active users by the year’s end. 1 min read
India’s Startup Investment Climate blows hot and cold due to complex factors. NewsIndian VC investments gravitating towards late stage rounds: Venture Intelligence Report3 mins read
This will accelerate Insignia’s focus on early-stage technology in Southeast Asia. NewsSingapore’s Insignia Ventures Partners closes second fund with USD 200 million1 min read
Shuttl claims daily ridership of 100,000 rides across six Indian metros. NewsSequoia-backed Indian bus aggregator Shuttl clocks over USD 14 million in revenue2 mins read
The program helps women micro-entrepreneurs earn sustainable incomes. NewsZilingo launches “SheWorkz” program to empower underserved women2 mins read
Souces from Huzhou government also denied a rumored framework agreement signed between the two. NewsNio misses USD 700 million deal with Huzhou government, report says2 mins read
Two thirds of survey respondents said they are optimistic and grateful about having a robot co-worker. NewsAlmost 90% of Chinese workers trust a robot more than their human managers, survey finds2 mins read
The firm serves clients including JD.com, Xiaohongshu and Plum, and predicts profitability by the end of the year. NewsClothing-focused AI startup Infimind raises over USD 14 million in Series A led by Sequoia2 mins read
China’s largest on-demand service provider Meituan serves more than 400 million users across the country. NewsMeituan opens a new ‘university’ to boost the market digitalization1 min read