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While India's version of WhatsApp, Hike, failed, its founder is moving forward with a new social media site.
CropIn, an artificial intelligence and data-based agritech startup, has raised US$20mil (RM80.21mil) in a funding round led by Temasek Holdings Pte-backed ABC World Asia, as the coronavirus pandemic accelerates the adoption of digital technologies in farming.
Bangalore: Oyo Hotels and Homes is raising US$1.5bil from founder Ritesh Agarwal, SoftBank Group Corp and other investors as the India lodging startup expands into foreign markets such as the United States and Europe.
Startups, when they raise venture money to build their businesses, begin with a Series A round and then proceed through Series E, F or maybe G before going public. The Indian ride-hailing service Ola is a bit unusual: It just completed its Series J fundraising and is marching toward Series K, a letter almost unheard of by researchers that track such things.
Grab, the dominant ride-hailing service in South-East Asia, is close to finalising a deal to acquire Uber Technologies Inc’s business in the region and may sign a deal this week or next, according to people familiar with the matter.
SINGAPORE: Facebook Inc co-founder Eduardo Saverin (pic) is participating in a US$40mil investment in Mswipe Technologies, his first foray into the India startup market.