Indian online grocery portal PepperTap closed $4 million in funding from InnoVen Capital as part of a $40 million Series B funding round that it began raising in October 2014, bringing its total funding...
Indian startups bag money for fast-growing e-commerce and mobile businesses as venture capital floods the market at highest levels seen.
Alibaba’s investment of $1.25 billion in an 020 food delivery app creates another Chinese unicorn startup even in these tighter venture times.
Some of China’s once-hot startups are now feeling the pinch of tighter capital as the go-go days are fading.
Apple Pay and Samsung Pay are entering the Chinese mobile payments market by striking deal with state-owned UnionPay, but are going up against entrenched Alibaba’s Alipay and Tencent’s Tenpay.
Qihoo’s huge go-private deal could spark more Chinese tech companies to head home and list anew in Shanghai or Shenzhen.