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China plans e-cigarette regulation as industry booms

China is taking steps to regulate its blossoming vaping market as health concerns over electronic cigarettes increase in recent times. China’s National Health Commission has...

India’s Haptik acqui-hires Los Angeles startup Convrg in international expansion push

Mumbai-based Haptik, which operates a conversational AI platform, has already won several high profile clients in India. Now the five-year-old firm, with newly found significant...

Visa invests in India-based B2B payments platform PayMate’s $25M round

PayMate, a Mumbai-based startup that helps businesses automate and digitize their payments, is raising $25 million in a new round, its founder said, as it...

EBay picks 5.5% stake in India’s Paytm Mall

EBay said today it is buying a 5.5% stake in e-commerce marketplace Paytm Mall as the global firm makes another push to gain footprint...

Ebix to acquire Indian travel company Yatra for $337.8M

Atlanta-based software firm Ebix said today it is acquiring online travel booking company Yatra through a merger deal at an enterprise value of $337.8 million...

India’s 30-year-old MyMoneyMantra raises $15M to scale its financial services marketplace

MyMoneyMantra, a 30-year-old New Delhi-based firm that operates a marketplace of financial services, has raised $15 million in its maiden funding round from an...

India’s budget hotel startup Oyo enters co-working business with $30 million...

India’s Oyo has expanded its hotel chain business to over 80 countries and entered co-living spaces segment in recent years. The firm, which has...

Snap turns to search giant Baidu to court Chinese advertisers

Two years have passed since Snap Inc first struck a deal with Baidu that authorized China’s largest search engine to be a reseller of...

Yandex-Uber JV MLU acquires regional rival Vezet for shares and $71.5M...

On-demand transportation giant Uber made its name in part by aggressively entering new markets on a path of organic growth, but in recent times,...

Hellobike, survivor of China’s bike-sharing craze, goes electric

Just two years ago, investors were heavily pouring money into China’s dockless bike-sharing startups. Now that boom has busted with derelict bikes littering the...