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Thursday, May 30, 2024
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China & India

US-China tech war on big data and China’s tech independency

China and the US have been going at each other for a while now, one standoff after another. In comparison to their tussle today,...

Beenext raises US$160 million in investment funds for startups in Southeast Asia, India, and Japan

Venture capital (VC) firm Beenext recently announced on their website that they have secured a total of US$160 million in two separate funds that...

AI medical firm, Shukun Technology, receives US$28.2 million boost

Shukun Technology, AI-driven medical startup, has recently closed its Series B1 financing round to raise US$28.2 million (RMB200 million) in equity. Led by BOC...

Jio Platforms acquires US$747M from US-based Silver Lake

India-based Jio Platforms, the digital services arm of Reliance Industries Limited (RIL), is set to get US$747M from Silver Lake, a US private equity...

Nio acquires US$1 billion investment from Chinese entities

Chinese EV startup Nio has raised a US$1 billion investment from some state-owned firms in Hefei, and in return, it agreed to establish headquarters...

Oriente raises US$50 million in its Series B funding round

Oriente, a startup that develops tech infrastructure for online financial services, has raised US$50 million in its Series B round. The startup is based...

Two-wheeler marketplace CredR receives debt funding from Stride Ventures

CredR, owned by Incredible Technologies Limited, has raised an undisclosed amount of debt funding from Stride Ventures. CredR is based in Mumbai, and it is...

Shanghai-based WuXi AppTec invests US$5M in Creacion Ventures I

WuXi AppTec joins a dozen of limited partners (LPs) to invest US$5 million in Creacion Ventures I. The joint venture aims at creating a...