Tag: Asia
How Bykea is winning Pakistan’s ride-hailing and delivery market
With less than $7M in VC funding, the startup is beating Uber Manish Singh 9 hours Increasingly, the streets of Karachi and Lahore are being flooded with men riding bikes and wearing green T-shirts, a writer friend recently told me. In a sense, these men represent the emergence of Pakistan’s…
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Skymind Global Ventures launches $800M fund and London office to back AI startups
Skymind Global Ventures (SGV) appeared last year in Asia/US as a vehicle for the previous founders of a YC-backed open-source AI platform to invest in companies that used the platform. Today it announces the launch of an $800 million fund to back promising new AI companies and academic research. It…
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With $30 million in fresh funds, The Bouqs plans to plant its flower delivery business in Japan
The Bouqs plans to take a slice of Japan’s $6 billion flower market this year with a $30 million strategic growth round from Japanese enterprise business investor Yamasa. While The Bouqs still must compete with bigger contenders like 1-800-Flowers and FTD in the U.S., it will now have to take…
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Indian airline SpiceJet confirms breach of 1.2 million passenger details
SpiceJet, one of India’s largest privately owned airlines, has confirmed a data breach involving the details of over a million of its passengers. The security researcher, who described their actions as “ethical hacking” but whom we are not naming as they likely ran afoul of U.S. computer hacking laws, gained…
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Apple to start online sales in India in Q3 this year
Apple’s much-awaited online store in India will be operational starting Q3 this year, a little longer than previously expected, a source familiar with the matter told TechCrunch. The iPhone-maker said in August last year that it was “eager to serve [customers of India] online and in-store with the same experience…
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InterviewBit secures $20M to grow its advanced online computer science program in India
InterviewBit, a Bangalore-based startup that runs an advanced online computer science program for college graduates and young professional engineers, has raised $20 million in one of the largest Series A financing rounds in the education sector. The nine-month-old startup’s Series A round was led by Sequoia India, Tiger Global and…
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