Tag: Asia
Adding India to your business
Kumar Shah Contributor Kumar Shah is the founder of Transit Capital, a cross-border VC firm that partners with growth-stage entrepreneurs building global champions. At the start of recruiting season in business school, a top-tier consulting firm sent an invite to the entire class: “over your career, you will either be…
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Indian B2B packaging marketplace Bizongo raises $30M
Bizongo, one of the largest business-to-business online marketplaces for packaging needs in India, has raised $30 million in fresh funding round as it looks to widen its footprint in the nation and serve more categories. The new financing round, Series C, was led by Switzerland-based hedge fund Schroder Adveq, which…
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Vivo beats Samsung for 2nd spot in Indian smartphone market
Samsung, which once led the smartphone market in India, slid to the third position in the quarter that ended in December even as the South Korean giant continues to make major bets on the rare handset market that is still growing. According to research firm Counterpoint, Chinese firm Vivo surpassed Samsung…
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Wikipedia now has more than 6 million articles in English
Wikipedia has surpassed a notable milestone today: The English version of the world’s largest online encyclopedia now has over six million articles. The feat, which comes roughly 19 years after the website was founded, is a testament of “what humans can do together,” said Ryan Merkley, Chief of Staff at…
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Opera and the firm short-selling its stock (alleging Africa fintech abuses) weigh in
Internet services company Opera has come under a short-sell assault based on allegations of predatory lending practices by its fintech products in Africa. Hindenburg Research issued a report claiming (among other things) that Opera’s finance products in Nigeria and Kenya have run afoul of prudent consumer practices and Google Play…
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Indian bike rental startup Bounce raises $105M
Bounce, a Bangalore-based startup that operates over 15,000 electric and gasoline docked bikes in nearly three dozen cities in India, said today it has raised $105 million in a new funding round as it explores sustainable ways to expand within the nation and build its own electric vehicles. The new…
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