By Neel Juriasingani, CEO and co-founder, Datacultr The Digital India campaign, launched by the Government of India in 2015 aimed at making the country digitally empowered, has seen many successes. Digital India…
Ant Financial to Open $1bn SEA and India Fund
Ant Financial, part of the Alibaba Group and formerly known as Alipay, will invest heavily in the future of Southeast Asia and India with the creation of a $1 billion fund dedicated…
Security Firm MyGate Wins $56m Series B Round
VCs including China’s Tencent and JS Capital have injected a reported $56 million into MyGate, an Indian security solutions startup that is growing at a phenomenal rate. The Bangalore-based company, founded in…
EdTech Startup AttainU Receives Angel Funding from Heavyweight Investors
Bangalore-based AttainU, an online platform offering live tuition courses, has won an angel investment funding round led by several of India’s leading tech lights. The backers include ex-Google India chief Shailesh Rao,…
Alibaba Pays $2bn for Chinese E-Commerce Firm Kaola
Chinese tech giant Alibaba has acquired e-commerce site Kaola from compatriot NetEase for around $2 billion. Kaola, which sells imported goods in China, and competes with JD.com’s JD Worldwide, and Alibaba’s own…
$120m Funding Round Propels CRED to India’s Top Fintech Table
Barely nine months old, Bangalore fintech firm CRED has just won a $120 million Series B funding round that launches it to the forefront of India’s booming digital credit industry—and its founder…
For Yossi Yamin, Space Lab Technician, The Sky was Never the Limit
Many of the world’s most amazing experiments aren’t even carried out on earth. The International Space Station (ISS) is home to some striking research, including the creation of the universe’s coldest place;…
Sequoia Closes India and SE Asia Fund at $695m
Sequoia Capital has closed its latest fund for India and southeast Asia at $695 million. It is the Californian VC’s sixth in India since it expanded into the country in 2012, which…
The Five Best Coworking Spaces in the World
There is nothing new about coworking: its first recorded mention arrived in a 1628 book. But it has rarely been more popular. Berlin’s C-Space became one of the world’s first hackerspace when…
Investment Giants Eye FINO Stake
Japan’s SoftBank Group, alongside Singaporean state investor Temasek and Morgan Stanley, are considering a 33% stake in Indian fintech firm Financial Information and Network Operations (FINO). The deal, through which the trio…