Matrix Leads $5M Funding Of HK-based Online Travel Booking Site
Online travel booking market gets one more well-funded startup entry thanks to Matrix deal with Klook.
Category: News
Indian Startups In Tech Get Biggest Boost Yet From VC Investors
India’s startups are getting a boost with record-high deals and more on the way as VC firms raise new funds.
Google Tiptoes Back Into China With Funding of Startup In Mobile Voice Search
Google in China Part II involves making investments in Chinese startups with technology that add to search.
Xiaomi Branches Out Into Scooters, Smart TVs and Trolleys
Xiaomi moves further afield into new products as it adds a scooter, smart TV and trolley.
VC Firms Gain Again With Alibaba’s Bid To Buy Youku Tudou
VC firms that stand to gain from Alibaba’s proposal to purchase the remaining 82% of Youku Tudou include Chengwei Capital, Youku’s first institutional investor in 2005 (alongside Farallon Capital Management) which has also participated in each of the five successive funding rounds leading up to the company’s 2010 IPO. Other VC firms that have a stake...
Southeast Asian Beauty Site Draws $2M From Gobi To Mimic China Model
Southeast beauty site startup draws $2M from Gobi to capitalize on model that worked in China.
Move By China’s E-commerce Giant JD Into Silicon Valley Heats Up Market Race
JD.com’s move into Silicon Valley adds to trend of Chinese tech leaders with U.S. outposts and pursuit of cross-border business as competition grows.
SVB And Tesla Execs Launch Upshot $400M Fund To Back AngelList Startups
New Upshot fund by former execs at SVB and Tesla adds to pool of capital on AngelList for startups.
India VC Gains Momentum As Sequoia, Kalaari Put $10M In Grabhouse
India’s hot venture market gains more momentum as top VC firms Sequoia and Kalaari put $10M in Indian rental housing startup Greenhouse.
China’s Meituan-Dianping Deal Mirrors Didi-Kuaidi Merger
The merger of China’s Meituan, a “Groupon for China,” and Dianping, “China’s Yelp,” to create a $15 billion giant respectively backed by Alibaba and Tencent as well as several prominent VC firms, marks the largest combo in China’s Internet industry in a year when Internet deals involving Chinese companies are pegged at $58.4 billion, nearly double the amount for...
Mobile Payment Apps In India Multiply With New Funding For Chillr
India’s mobile payment startups multiply with new funding for Chillr from Sequoia.
Softbank Leads Bubble-like $1B Investment In P2P Lender SoFi
Alibaba turns to India for outreach, with new investments in Indian startups Paytm and Snapdeal.
