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 to $51 million. In addition to InnoVen, investors in the latest round include SnapDeal, Sequoia India, SAIF Partners and JAFCO Asia. Concurrently,...
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.
Google launches accelerator to invest in and boost mobile app startups from fast-growth India and Indonesia.
Panelists: Gilad Novik, CTO, Horizons Ventures; Ronen Nir, General Partner, Carmel Ventures
Kobi Rozengarten, Managing Partner, JVP; Net Jacobsson, Co-Founder & Managing Partner, SparkLabs Global Ventures; Zvi Shalgo, Partner, China Synergy Funds with moderator: Rebecca Fannin, Silicon Dragon
Commentators:
Howard J. Krongard, former Inspector General, U.S. Department of State, and VC Investor
Yesha Sivan, Executive Director, Coller Institute of Venture, Tel Aviv University
Amazon leads investment of $22 million in an Indian on-demand service for such chores as house cleaning. Bezos could invest as much as $5 billion in India.
Exploring the growing link between China and Israel for tech innovation and venture funding: highlights from Silicon Dragon in Tel Aviv, Dec. 1-2, 2015.
Tencent extends its reach into South African market with launch of a $3.4 million fund geared to businesses that use WeChat.
Venture firm Walden International is behind a $22 million funding of an innovative Israeli startup that could revolutionize 3-D imaging.
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Silicon Global Online: Ask A VC Series
April 1, 2024
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Matrix Leads $5M Funding Of HK-based Online Travel Booking Site
October 21, 2015
Silicon Heartland (Penguin Random House, 2022)
Tech Titans of China: How China's Tech Sector is Challenging the World by Innovating Faster, Working Harder and Going Global (Hachette Book Group, 2019)
Startup Asia: Top Strategies for Cashing in on Asia's Innovation Boom
Silicon Dragon: How China Is Winning the Tech Race
