Asia
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Finance
India’s Lendingkart raises $30M to help small businesses access working capital
As India continues its race to adopt digital payments at a pace and scale seen rarely worldwide, the country’s startups…
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Finance
India’s Awfis raises $30M to grow its co-working spaces business
Speaking of businesses that operate co-working spaces in India, New Delhi-based startup Awfis announced today that it has raised $30…
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STARTUPS
Financial services marketplace CompareAsiaGroup raises $20 million in new funding led by Experian
Experian, one of the largest credit reporting bureaus in the United States, announced today that it has invested in CompareAsiaGroup,…
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Finance
Automotive marketplace Carro acquires Indonesia’s Jualo, extends Series B to $90M
Carro, an automotive marketplace and car financing startup based in Singapore, said it has raised $30 million to extend and…
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Trends
India’s Reliance to buy majority stake in Google-backed Fynd for $42.3M
Indian conglomerate Reliance Industries is acquiring 87.6% stake in Fynd, a seven-year-old Mumbai-based startup that connects brick and mortar retailers…
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STARTUPS
UrbanClap, India’s largest home services startup, raises $75M
UrbanClap, a marketplace for freelance labor in India and the UAE, has raised $75 million in a new financing round to…
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Trends
Samsung posts 55.6% drop in second-quarter profit as it copes with weak demand and a trade dispute
As it forecast earlier this month, Samsung reported a steep drop in its second-quarter earnings due to lower market demand…
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Trends
Truecaller pushes software fix after covertly signing up Indians to its payments service
Truecaller, a service that helps users screen robocalls, has rolled out an update to its app in India, its largest…
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STARTUPS
Prenetics partners with Watsons, one of Asia’s largest personal care retailers, to sell its new consumer DNA tests
Genetics testing startup Prenetics today announced a major new deal for its brand in Asia. The company is partnering with…
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