Tag Archives: asia

Qualcomm-powered Chinese XR startup Nreal raises $40 million

Nreal, among the most-watched combined truth start-ups in China, simply protected $40 million from a group of prominent financiers in a Series B round that might possibly bring more adoption to its portable enhanced headsets . Kuaishou, the archrival to TikTok’s Chinese variation Douyin, led the round, marking yet another video platform to develop relate […]

India’s Zomato raises $62 million from Temasek

Indian food shipment start-up Zomato has actually raised $62 million from Temasek, resuming a funding round that it initially anticipated to close in January this year. Singapore’s state financial investment arm Temasek funded the capital through its system MacRitchie Investments, a regulative filing revealed. Organization intelligence company Tofler shared the filing with TechCrunch. A Zomato […]

JioMart, the e-commerce venture from India’s richest man, launches in additional cities

The reasoning behind the deluge of dollars flooding into billionaire Mukesh Ambani’’ s Reliance Jio Platforms is starting to end up being more clear as his e-commerce endeavor JioMart begins presenting to more individuals throughout India. An e-commerce endeavor in between the country’’ s leading telecom operator Jio Platforms and leading retail chain Jio Retail, […]

Silver Lake to invest $747M in India’s Jio Platforms

Weeks after Facebook invested $5.7 billion in Jio Platforms , India’s leading telecom operator, personal equity company Silver Lake is doing the same — — and wants to pay a premium for it. Silver Lake revealed on Monday it will be investing 56.56 billion Indian rupees (about $746.8 million) in Jio Platforms for about 1.15% […]

Amazon partners with thousands of mom-and-pop stores in India

Neighborhood shops dot 10s of countless cities, towns and towns in India. They have actually endured — — and flourished, in spite of — — retail’ giants ’ billions of financial investment in the nation. Now, Amazon is starting to welcome them. Amazon stated on Saturday it has actually partnered with countless community shops — […]