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TECH 09 Apr 2019 | 4:19 AM

Why one startup founder turned down a US$1.1bil SoftBank deal

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.

TECH 08 Mar 2018 | 6:30 AM

Grab is said to close deal for Uber South-East Asia business

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.

Business 08 Dec 2017 | 12:00 AM

Facebook co-founder backs first Indian startup

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.

Focus 18 May 2015 | 12:00 AM

Global banks muscling into Indian startup scene

Late to the party, global investment banks are determined to get a slice of the action from the booming startup scene.

News 18 May 2015 | 12:00 AM

India learns to ‘fail fast’ with startups

Families that expect children to have respectable jobs may be beginning to accept failure as the tech industry starts to come of age.