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India’s Ola switches gears on its food delivery business Foodpanda

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India’s Ola, which has expanded to select international markets and set ambitious goals for its electric vehicles business, is struggling with selling food. So...

Go-Jek buys fintech startup Coins.ph for $72M ahead of Philippines expansion

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Ride-hailing startup Go-Jek’s expansion into the Philippines ran into problems earlier this month over its ownership structure, but that isn’t deterring the Indonesian company...

Byju’s raises $540 Mn led by Naspers at $3.6 Bn estimated...

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Within a week of various speculations over funding and valuation, edtech Unicorn Byju’s has lifted the curtain on its latest fundraising. The Bengaluru-based firm has...

Byju’s targets global expansion for its digital education service after raising...

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India-based educational startup Byju’s was widely reported to have raised a massive $400 million round and now the company is making things official. The...

Swiggy faces another protest: Chennai’s delivery executives strike over salary structure

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Foodtech platform Swiggy has been facing protest from delivery personnel in Chennai, one of its hot market in India. As usual, the unhappiness is...

Nigerian data analytics company Terragon acquires Asian mobile ad firm Bizense

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Nigerian consumer data analytics firm Terragon Group has acquired Asian mobile marketing company Bizense in a cash and stock deal. Based in Singapore, with operations in India and Indonesia, Bizense...

Africa Roundup: Local VC funds surge, Naspers ramps up and fintech...

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Jake Bright Contributor More posts by this contributor Africa Roundup: Local VC funds surge, Naspers ramps up and fintech diversifies Tarform debuted new e-motorcycles but...

Naspers announces $300 million initiative to support startups and tech in...

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Jake Bright Contributor More posts by this contributor Marieme Diop and Shikoh Gitau to speak at Startup Battlefield Africa Local venture capital fund formation is...

Swiggy May Raise Fresh $600 Mn from Existing Investor Naspers

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India’s biggest food ordering and delivery company, Swiggy, could raise a fresh round of funding close to $600 million or even more marking its...

Africa Roundup: Paga goes global and 4 startups raise $99M in...

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Jake Bright Contributor More posts by this contributor Polestar unveils first production EV with aim to overtake Tesla Liquid Telecom goes long on Africa’s startups...