Tag: Asia

Y Combinator-backed Kosh is a neobank for blue-collar workers in India

Dozens of startups have stepped up in India in recent quarters to improve banking experience for millions of users and businesses in the country. As a result, tens of thousands of people who could not get a loan or a credit card from a bank can now secure both from…

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Chinese cloud infrastructure market generated $3.3B in Q42019

Research firm Canalys reports that the Chinese cloud infrastructure market grew 66.9% to $3.3 billion in the last quarter of 2019, right before the COVID-19 virus hit the country. China is the second largest cloud infrastructure market in the world, with 10.8% share. The quarter puts the Chinese market on…

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Salesforce hires former banker Arundhati Bhattacharya as chairperson and CEO of India business

Salesforce, the global giant in CRM, said on Wednesday that former banker Arundhati Bhattacharya will be joining the company on April 20 as chairperson and chief executive of its India division. The San Francisco-headquartered firm said Bhattacharya, who served as the chairperson of the state-run State Bank of India for…

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China clamps down further on dissent as it expels journalists from NYT, WSJ, and WaPo

As China continues to handle the fallout of the novel coronavirus that first originated in Wuhan in Hubei province in early-to-mid December, the Chinese Communist Party announced today that it would rescind the press credentials for certain journalists working at the New York Times, Wall Street Journal, Washington Post, and…

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YC-backed EduRev wants to democratize online learning in India

As edtech startups emerge and expand in India, millions of students in the country now have an additional option to choose from when they prepare for competitive exams. But despite the proliferation of cheap Android handsets and availability of some of the world’s cheapest mobile data plans, online learning platforms…

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Google employee in Bangalore tests positive for coronavirus

Google said on Thursday that an employee at its office in Bangalore, India has tested positive for the COVID-19 coronavirus and the firm has asked all the other employees in that office to work from home on Friday out of abundance of caution. “We can confirm that an employee from…

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