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Chinese AI startup StepFun to unwind offshore structure to pave way for IPOShanghai-based StepFun, which develops general-purpose foundation models, has decided an onshore corporate structure would be more appropri...
Chinese AI chipmaker Axera Semiconductor to raise $379 million via Hong Kong IPOThe proceeds are earmarked for upgrading its technology platform and developing new products, as well as sales expansion, potential equity ...
China AI chipmaker Biren soars in Hong Kong debut as IPO wave buildsShares of Chinese AI chip designer Shanghai Biren Technology closed up 76% in their Hong Kong debut on Friday, the financial hub's first l...
Lupin appoints Mark D McDade as independent directorMcDade is the co-Founder and Partner at Qiming Venture Partners, USA where he led several high-value investments in biotherapeutics, includ...
Starved of openings, Chinese Cos cross Great Wall to IndiaFewer Chinese startups going public, uncertainty after trade spat with US & sobering of valuations post WeWork.
Club Factory raises $100 million in Series DClub Factory said it will use the capital to expand its range of products and enter into newer categories.
Chiratae Ventures out with a fresh seed fund of $35 million for new betsFormerly known as IDG Ventures India, Chiratae will continue to do Series A to late-stage investments across the technology sector through ...
With RedDoorz, Amit Saberwal is building Oyo’s Southeast Asia competitorThe four year old company has now raised about $140 million since its inception from investors including 500 Startups, SIG and Qiming Ventu...
RedDoorz gets $70m in fresh round of fundingThe investment is part of a larger Series-C round and while company executives declined to specify the exact size of the ongoing capital ra...
VCs set out to raise fresh capital in IndiaThere are close to a dozen seed and series A focused funds that collectively plan to raise anywhere between $300 and $350 million, as per i...
Club Factory to expand operations, onboard 10,000 sellersClub Factory started operations in India in 2016 and has an office in Gurgaon. The company plans to open offices in Bengaluru and Mumbai as...
Content firm Pratilipi raises Rs 105 croreNexus Venture Partners, Omidyar Network India, Shunwei Capital, Contrarian Vriddhi Fund and WEH Ventures also participated in the round, ta...
China’s APUS rolls up sleeves with hiring plans & R&D centreChinese tech company looks to increase its India team count by five times to 100 to strengthen ops
Chinese Venture Capital funds rush to buy stakes in Indian startupsNearly half-a-dozen venture capital funds from China are looking to buy stakes in Indian startups across financial and education technology...
French beauty products maker L’Occitane leads $6-million funding roundFrench beauty products maker L’Occitane is leading a $6-million funding round in on-demand beauty services startup MyGlamm, which will be t...
China's Apus Group plans to invest Rs 300 crore in Indian startups, create 500 jobs in three yearsApus Group aims to increase the number of Apus users in India to 80 million by the end of this year from 30 million at present
Chinese VC firms set aside Rs 300 crore to invest in Indian mobile internet companiesEarlier in September, ET reported that the APUS entity had set aside Rs 100 crore to invest in early-stage firms over the next 3-4 years.
Global mobile internet company APUS Group sets up Rs 300-crore fund"Potential of India as an emerging market is great and we would like to extend our assistance to the early stage start-ups," said Tao Li, t...
Apus to invest Rs 100 crore in Indian startups, to open India R&D centerThis comes close on the heels of Apus launching its browser in June, designed specifically for low-bandwidth markets like India.
Ratan Tata invests in Chinese phone-maker Xiaomi, size of investment not disclosedThe undisclosed amount of equity in Xiaomi, the world's fifth largest smartphone maker, is Ratan Tata's sixth investment in the digital eco...