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[Currently in BETA mode]
عربي

eleva8or introducer engine helps Startups and Investors come together efficiently

For Startups, eleva8or helps them to prepare for due-diligence to attract capital from savvy investors around the globe

For Investors, eleva8or helps to provide exposure to new and emerging tech startups that fit their investment profiles

eleva8or is not crowdfunding, typically one or two Investors participate in deals

eleva8or also assists with cross-border market discovery and entry, with connections to soft-landing programs

More details about what we offer here

STARTUPS

REGISTER Complete a basic profile in 3 easy steps •  Create an account •  Enter your company profile •  Answer background questions FIND INVESTORS Search for Investor(s) across key criteria •  Matching is based on geographical focus, funding amount,
    industry, and stage
•  Top 3 matches are previewed, contact us to see the
    remaining matches
CONNECT WITH INVESTORS eleva8or facilitates the communication process •  We counsel your Startup to become “investor-ready” •  We introduce you to your matching Investor(s) DEAL ARRANGEMENT Founder(s) pitch to Investor(s) •  We faciliate the pitch by working with Startup
    to help pitch your deal properly
•  Startup required to pitch to Investor(s) directly
SUCCESS Deal Closing •  We earn our equity stake upon closing •  We assist Startup in new business entity formation
    where required by Investor(s)

INVESTORS

WRITE UP PROFILE Complete a basic profile in 2 easy steps •  Create an account •  Enter your investor profile and investment preferences FIND STARTUPS Search Startups across key criteria •  Matching based on geographical focus, funding amount,
    industry and funding stage
•  Displayed in order of match strength
CONNECT WITH STARTUPS eleva8or facilitates the comunication process •  We communicate with you to discuss the startups you matched
    and provide additional details
•  We proceed to introduce you to the Founder(s) you wish to meet
DEAL ARRANGEMENT Investor connects to Startup/Founder(s) •  We typically work with the Startup/Founder(s) to facilitate
    the discussions
•  Startup makes their pitch to you directly
SUCCESS Deal Closing •  We typically have an equity stake in the Startup •  Where required we facilitate creating a SPV for investment

Binance and WazirX disagree over ownership two years after announcing deal

On August 6, 2022Source: Asia – TechCrunchBy Manish Singh
Categories: Asia, Blockchain, Crypto, Binance, cryptocurrency, india

Binance, the world’s largest crypto exchange by trading volume, said on Friday it doesn’t own India-based platform WazirX despite disclosing the acquisition two and a half years ago in a move that has baffled industry players, including the Indian firm that insists the purchase did take place. Changpeng Zhao, founder and chief executive of Binance, […]

India eyes a seat at the global M&A table

On August 5, 2022Source: Asia – TechCrunchBy Manish Singh
Categories: Asia, Government, TC, Amazon, Facebook, Google, india, meta, New Delhi

India emerged as a key overseas market for several global tech giants in the past decade as Meta, Google and Amazon aggressively raced to find the next and perhaps the last great growth geography. Now the South Asian nation is looking to leverage its vast reach to influence merger and acquisition deals overseas.  New Delhi […]

Pakistan central bank orders startup Tag to refund customers

On August 5, 2022Source: Asia – TechCrunchBy Manish Singh
Categories: Asia, Fintech, Startups, pakistan, Tag

The State Bank of Pakistan, the South Asian nation’s central bank, has ordered fintech Tag to “immediately” refund all funds to customers citing violation of regulatory requirements and “other concerns,” posing existential questions on the startup’s future. The regulatory action follows a months-long probe into Tag, which offers banking and financial services to users in […]

Kakao says emoji subscription purchases fell by a third due to Google’s new in-app policy

On August 4, 2022Source: Asia – TechCrunchBy Kate Park
Categories: Apps, Asia, Earnings, Enterprise, Mobile, TC, Android, android apps, Google, in-app payments, Kakao, kakaotalk, south korea

The number of emoji subscription purchases on the South Korean messaging app KakaoTalk has dropped by a third over the year, parent firm Kakao said in quarterly earnings call Thursday. It blamed Google’s new in-app payment policy, which forces apps to use the Android-maker’s own billing system. KakaoTalk’s Emoticon Plus subscription service, which costs approximately […]

Toyota-backed robotaxi unicorn Pony.ai sues ex-employees over trade secrets

On August 4, 2022Source: Asia – TechCrunchBy Rita Liao
Categories: Artificial Intelligence, Asia, Automotive, Lawsuit, TC, Transportation, Beijing, China, driver, Elon, pony, Pony.ai, robotaxi, self-driving car, Tesla, transport, Xpeng

Pony.ai, a Chinese autonomous vehicle company valued at $8.5 billion as of late, has sued two former employees over alleged trade secret infringement. The lawsuit is arriving months after Frank (Zhenhao) Pan and Youhan Sun, two former technical leaders at Pony’s autonomous trucking business in the U.S., resigned to start a competitor called Qingtian Truck. […]

India withdraws personal data bill that alarmed tech giants

On August 4, 2022Source: Asia – TechCrunchBy Manish Singh
Categories: Asia, Government, Amazon, Cisco, Facebook, Google, india, meta, privacy

The Indian government has withdrawn its long-awaited Personal Data Protection Bill that drew scrutiny from several privacy advocates and tech giants who feared the legislation could restrict how they managed sensitive information while giving government broad powers to access it. The move comes as a surprise as lawmakers had indicated recently that the bill, unveiled […]

India says Vivo’s local unit evaded over $280M in import tax

On August 3, 2022Source: Asia – TechCrunchBy Jagmeet Singh
Categories: Asia, Hardware, Mobile, Policy, China, india, vivo

India’s anti-smuggling agency said that phone-vendor Vivo’s local unit had evaded customs duty of over $280 million, roughly a month after the country’s anti-money laundering agency raided the domestic offices of the Chinese company. The finance ministry said on Wednesday that its Directorate of Revenue Intelligence recovered “incriminating evidence indicating wilful misdeclaration in the description […]

Sensitive data of Indian pension fund holders exposed online

On August 3, 2022Source: Asia – TechCrunchBy Jagmeet Singh
Categories: Asia, Government, Privacy, Security, data breach, finance, government, india, pension funds

A huge cache of data containing the full name, bank account number and nominee information of pension fund holders in India has surfaced online. Security researcher Bob Diachenko found two separate IP addresses storing more than 288 million records — with some 280 million records available under one IP address and about 8.4 million a […]

Salesforce shutters Hong Kong office, leans on Alibaba in China

On August 3, 2022Source: Asia – TechCrunchBy Rita Liao
Categories: Asia, SaaS, alibaba, Alibaba Cloud, alibaba group, China, cloud applications, cloud computing, CRM, Salesforce, Singapore, social networks, spokesperson, taiwan, WeChat

Salesforce is repositioning itself in China as it looks to expand the reach of its customer relationship management software in the country. The company is “accelerating” its strategic partnership with Alibaba, a Salesforce spokesperson told TechCrunch. In 2019, Alibaba became the exclusive provider of the American giant’s software across Greater China. As a result of […]

Apple alum’s finance operations startup raises funds to expand globally

On August 3, 2022Source: Asia – TechCrunchBy Jagmeet Singh
Categories: Asia, Enterprise, Finance, Fintech, Funding, Recent Funding, SaaS, Startups, Apple, Automation, Bluecopa, blume ventures, finance

Bluecopa, an Indian startup building a finance operations automation platform for high-volume companies, has raised $2.3 million to expand its offering in the global market. The seed funding round was led by Mumbai-headquartered Blume Ventures, with participation from Titan Capital, T-Fund, Speciale Invest, Bharat Founders Fund, T2D3, Amplify and Force Ventures. It was also joined […]

Uber lost $707 million on Zomato investment in first half of this year, plans to sell entire stake

On August 2, 2022Source: Asia – TechCrunchBy Manish Singh
Categories: Asia, TC, Uber, Uber Eats, zomato

Uber plans to sell its 7.8% holding in Indian food delivery firm Zomato as early as Wednesday, a source familiar with the matter told TechCrunch. The ride-hailing giant, which acquired a stake in the Indian firm when it sold its local Uber Eats business to Zomato in early 2020, plans to sell its stake through […]

Spread eyes strawberries and alternative meat following Series A raise

On August 2, 2022Source: Asia – TechCrunchBy Brian Heater
Categories: Asia, Food, Funding, Hardware, alternative meat, Japan, vertical farming

Over the past decade and a half, Spread has become the most recognizable name in Japan’s vertical framing ecosystem. The Kyoto-based firm opened its first farm in 2007 and six years later claimed to be the first company in the space to achieve profitability. That’s no mean feat, given the considerable overhead that goes into […]

MarqVision grabs $20M to nab counterfeiters with an AI-powered IP protection platform

On August 2, 2022Source: Asia – TechCrunchBy Kate Park
Categories: Artificial Intelligence, Asia, Consumer, Funding, Startups, TC, Atinum Investment, counterfeit, DST Global, los angeles startup, MarqVision, paris, south korea

As of 2020, the clothing sector lost about $27 billion in annual sales due to counterfeits, an illicit trade that results in huge losses to both brands and buyers. Clothes, accessories and luxury goods are the most popular product items for counterfeiting, according to the 2022 intellectual property crime threat assessment report. But that’s not where […]

a16z-backed Shein challenger Cider is growing rapidly

On August 2, 2022Source: Asia – TechCrunchBy Rita Liao
Categories: Asia, eCommerce, Amazon, bytedance, China, cider, Connie Chan, DST Global, Fashion, IDG Capital, Los Angeles, MSA Capital, sensor tower, Shein, Singapore

Shein has shown the world how combining social media marketing, data analytics and China’s well-oiled supply chain has created a $100 billion fast-fashion behemoth. Its success naturally spawns imitators and challengers. Among its fastest-growing challengers is Cider, which, like Shein, relies on China’s responsive clothing manufacturers to sell affordable, trend-led pieces to customers around the […]

Ambani’s Reliance Jio top buyer in India’s $19 billion 5G sale

On August 2, 2022Source: Asia – TechCrunchBy Manish Singh
Categories: Asia, Government, TC, Airtel, bharti airtel, india, Jio Platforms, reliance jio, telecom, vodafone, Vodafone Idea, wireless

Telecom operators in India agreed to spend $19 billion in the government auction for the 5G airwaves, New Delhi said Monday, the highest from them in any spectrum sale, as the world’s second largest wireless market readies the rollout of improved and faster voice and data speeds. Reliance Jio Infocomm, Bharti Airtel and Vodafone Idea […]

Hyundai Motor eyes acquisition of Korean lidar-free self-driving startup 42dot

On August 1, 2022Source: Asia – TechCrunchBy Kate Park
Categories: Asia, Logistics, M&A, Startups, TC, Transportation, 42dot, Hyundai Motor Company, Hyundai Motor Group, Mergers and Acquisitions, transportation

Hyundai Motor is considering increasing its stake in, or fully acquiring, the South Korea-based lidar-free autonomous mobility platform 42dot, the latest signal of its growing interest in the fast-growing space. A spokesperson of 42dot told TechCrunch that the startup is in talks with Hyundai Motor, but cautioned that terms, including stake size and deal valuation, […]

Gaming vets promise to make blockchain games fun and sustainable

On July 30, 2022Source: Asia – TechCrunchBy Rita Liao
Categories: Asia, Blockchain, Crypto, Developer, Gaming, TC, Apple Arcade, Axie Infinity, blockchain, cryptocurrencies, decentralization, Decentralized Finance, Disney, ethereum, finance, free to play, Indonesia, latin america, Philippines, Pixar, Southeast Asia, ubisoft, vietnam, web3

The runaway success of Axie Infinity and StepN has convinced a flurry of entrepreneurs that web3 gaming, where the ownership of in-game assets is in the hands of users via blockchain adoption rather than a centralized platform, is the future. Some of the biggest hits in the space to date reward users with tokens that […]

India blocks Krafton’s battle-royale game BGMI two years after PUBG ban

On July 29, 2022Source: Asia – TechCrunchBy Manish Singh
Categories: Apps, Asia, Government, Battlegrounds Mobile India, BGMI, india, Krafton, pubg

Google has pulled the popular battle royale game Battlegrounds Mobile India, more popularly known as BGMI, from its Play Store in India after a government order, a year after developer Krafton launched the app following a ban on its other similar title PUBG in the South Asian market. The BGMI game has also been delisted […]

Jack Ma to give up control of fintech giant Ant Group: WSJ

On July 28, 2022Source: Asia – TechCrunchBy Rita Liao
Categories: Asia, Fintech, TC, alibaba, alibaba group, alipay, ant group, ant+, China, e-commerce, financial services, jack ma, mobile applications, online payments, Softbank, Tencent, the wall street journal, wall-street-journal, wealth management, WeChat Pay, Yahoo

China’s billionaire tech boss Jack Ma plans to cede control of Ant Group, the fintech powerhouse closely affiliated with Alibaba, the e-commerce giant he founded, The Wall Street Journal reported on Thursday. If realized, the move will mark another important turn in Ant’s restructuring and power shuffling since China called off its $35 billion initial […]

Pony.ai forms autonomous truck JV with Sany Heavy Truck in China

On July 28, 2022Source: Asia – TechCrunchBy Rebecca Bellan
Categories: Asia, Automotive, Startups, TC, Transportation, autonomous trucks, autonomous vehicles, China, Pony.ai, self-driving trucks, transportation

Autonomous vehicle company Pony.ai is forming a strategic joint venture with Sany Heavy Truck, a subsidiary of Chinese heavy equipment manufacturer Sany Heavy Industry, to create an autonomous truck brand. The plan is to combine Pony.ai’s “virtual driver” with Sany’s technical prowess in building heavy-duty trucks to build automotive-grade, self-driving trucks with Level 4 autonomy, […]

 

[Currently in BETA mode]

 

عربي

eleva8or introducer engine helps Startups and Investors come together efficiently

For Startups, eleva8or helps them to prepare for due-diligence to attract capital from savvy investors around the globe

For Investors, eleva8or helps to provide exposure to new and emerging tech startups that fit their investment profiles

eleva8or is not crowdfunding, typically one or two Investors participate in deals

eleva8or also assists with cross-border market discovery and entry, with connections to soft-landing programs

 

More details about what we offer here