Hyper-fundings Of Startups In India As The Next China Have Led To Shutdowns
India startups feel the pain of hyper-funding: too much money, too fast, and now 15 of them have shut down.
India startups feel the pain of hyper-funding: too much money, too fast, and now 15 of them have shut down.
The Hover flying camera and Baidu driver-less cars drew eyes in Beijing, DCM deal and personnel move were in the spotlight, signs of a slowing startup economy surfaced PLUS Silicon Dragon made a splash with its 6th annual event in ever-intense Beijing.
Visits to Tencent, Didi, Xiaomi, Cheetah Mobile and JD.com showcase China innovation and tech power.
Silicon Dragon weekly digest: Trump phenomenon shakes heads in China, new venture funds get going for GSR and Matrix India, Beijing auto show goes electric and takes on Tesla, Tiger funds Indian home furnishings startup and rickshaw hailing app gets funded by Alibaba-backed Paytm.
See you again soon!
Weekly digest: Xiaomi invests in Indian video streamer, Alibaba’s financial unit and Didi Kuaidi go for mega-billion dollar status in funding.
Weekly Digest: Tesla, WeWork and Uber eye big gains in China. Women in Asia get ahead faster in venture capital faster than in Silicon Valley. Deals in Malaysia, Philippines, India and Japan. China M&A slowdown.
China Power: 11 China-based VCs rank among the top 100 startup investors globally while Mainland China counts 41 of 155 unicorn companies worldwide. New deals span India, Japan, the UK and Malaysia.
Silicon Dragon’s weekly digest: Altos, Cherubic raise new funds for startups in Asia, China outdoes U.S. in billionaire ranks, Tencent inks $100M Twitch-like deal, Cisco dives into India’s digital, Baidu gets in on driver-less cars race.
This week’s Silicon Dragon News: China Media Capital takes stake in Ron Howard’s film group, Amadeus inks first India deal, 500 Startups steps up in Southeast Asia, Lightspeed recharges with 2 news funds at $1.2B, and Alibaba and SoftBank restructuring and bulked up. Elon Musk sounded off about Singapore roadblocks to Tesla. Plus, VR and cloud computing deals got funding.
Prominent venture investors in the Forbes Asia list of young up and comers include DCM, Gobi Partners, Sequoia Capital, IDG Ventures India and Golden Gate Ventures.
Trend-spotting: Shop window in Hong Kong captures the Year of the Monkey in style.