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After AI, China unicorns are eyeing global domination in robotic humanoidsLinkerbot currently holds over 80 per cent of the global market share in high-degree-of-freedom (DoF) robotic hands.- Meta to acquire Chinese startup Manus to boost advanced AI featuresMeta is acquiring Chinese artificial intelligence startup Manus. This move aims to speed up the integration of advanced AI across Meta's pl...
- Cross-border digital payments startup Aspora raises $93 million from Sequoia Capital, Greylock and othersAspora, a London-based cross-border payments startup backed by Y Combinator, has secured $93 million in equity funding across three rounds ...
- Matrix Partners India rebrands to Z47, China arm to MPCThe venture capital firm is known for backing the likes of mobility firm Ola, online payments company Razorpay and business-to-business com...
- Indians founded highest unicorns outside country: reportAccording to the report by the Hurun Research Institute, India was placed third globally with 67 unicorns, led by on-demand delivery start-...
- Chinese chip design startup Moore Threads valued at $3.4 billion in funding before US curbsThe US in October added the graphic processing unit designer to a trade blacklist, cutting it off from having its chips manufactured by Tai...
- Sequoia targeted by US House China tech investment probeThe House Select Committee on China is investigating venture capital firm Sequoia Capital for its investments in Chinese technology compani...
- Apple leads India's smartphone exports; After Sequoia, GGV Capital to split US-China bizApple has emerged as the largest exporter of smartphone shipments from India, after overtaking its closest rival Samsung. In just a year, i...
- Three partners to leave VC fund Lightbox VenturesSandeep Murthy remains the only partner in the Mumbai-based firm, which has 25 portfolio firms. Portfolio firms backed by the departing exe...
- China's OrienSpace could be valued at $823 million in new fundraisingChinese commercial rocket developer OrienSpace is set to be valued at about 6 billion yuan ($823 million) in a new fundraising exercise ahe...
- China addresses investor concerns in rare meeting with global funds as economic recovery loses steamThe rare meeting with global funds comes after Chinese President Xi Jinping’s administration voiced its strongest support in recent years f...
- China addresses investor concerns in meeting with global VC, PE fundsChina Securities Regulatory Commission vice chairman Fang Xinghai met with some global venture capital and private equity firms to hear the...
- Premium products power online sales as mass-market hit by slowdown; ISRO grey cells fuel spacetech startupsEcommerce sales — excluding smartphones — have surged 24% in Q2. Industry insiders and research firms indicate that the growth in smartphon...
- Peak XV says will ‘collaborate’ as HongShan makes Southeast Asia entryCommenting on HongShan’s SE Asia foray, Peak XV said it believes that “the opportunities for collaboration are far greater than the scope f...
- China's Meituan to buy artificial intelligence firm Light Year from cofounderThe deal comes at a time when AI has captivated investor interest across the globe, prompting a flurry of investments or acquisitions by bu...
- India not for the fainthearted, but worth it: Lightspeed’s Bejul Somaia after Sequoia’s exitIn a lengthy note posted on Twitter, he said India is not for the fainthearted, but its potential is compelling.
- Sequoia’s exit from India doesn’t make sense: Chamath PalihapitiyaChamath Palihapitiya, who runs venture fund Social Capital, said while Sequoia’s exit from China was understandable, the firm could have le...
- Sequoia India, Southeast split from US; rebranded as Peak XV PartnersSequoia India & Southeast Asia has been rebranded Peak XV Partners, the venture capital firm said in a blog post Tuesday. There will be no ...
- Sequoia to separate China, India and Southeast Asia by March 2024In a statement signed by the firm's managing partners Roelof Botha, China head Neil Shen and India head Shailendra Singh, Sequoia said the ...
- Byju’s defaults on $40 mn loan payment, sues lender; Sequoia India is now Peak XV PartnersDays after its negotiations with creditors to restructure a $1.2 billion term loan fell through, edtech firm Byju’s missed a quarterly inte...
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