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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

INVESTORS

India shuts down internet once again, this time in Assam and Meghalaya

On December 13, 2019Source: Asia – TechCrunchBy Manish Singh
Categories: Asia, Government, india, united nations

India maintained a shutdown of the internet in the states of Assam and Meghalaya on Friday, now into 36 hours, to control protests over a controversial and far-reaching new citizen rule. The shutdown of the internet in Assam and Meghalaya, home to more than 32 million people, is the latest example of a worrying worldwide […]

Sleek raises $5M to help companies incorporate and operate in Singapore and Hong Kong

On December 13, 2019Source: Asia – TechCrunchBy Manish Singh
Categories: Asia, Funding, Government, Policy, Recent Funding, Startups, Devialet, LinkedIn, Sequoia, sleek, stripe

Sleek, a startup that is making it easier for other startups and companies to incorporate and operate in Singapore and Hong Kong, said today it has extended its seed financing round to raise $5 million. The extended seed round for the two-year-old startup was led by private investors Pierre Lorinet and Fabio Blom, and MI8, […]

Reliance Industries acquires a majority stake in SaaS startup NowFloats for $20M

On December 13, 2019Source: Asia – TechCrunchBy Manish Singh
Categories: Apps, Asia, Exit, Funding, Fundings & Exits, Recent Funding, Startups, biz stone, global founders capital, Google, india, Khosla Impact, lookup, nowfloats, Omidyar Network, reliance, Vinod Khosla, WhatsApp

Reliance Industries, one of India’s largest industrial houses, has acquired a majority stake in NowFloats, an Indian startup that helps businesses and individuals build online presence without any web developing skills. In a regulatory filing on Thursday, Reliance Strategic Business Ventures Limited said (PDF) it has acquired an 85% stake in NowFloats for 1.4 billion Indian […]

Amazon launches Audible Suno free app featuring short-stories in India

On December 12, 2019Source: Asia – TechCrunchBy Manish Singh
Categories: Apps, Asia, Media, Mobile, Amazon, Audible, india

Amazon is having another go at expanding its reach to listeners in India. The company, which launched pay-to-use Audible in the country last year, today introduced a new service called Audible Suno that offers free access to “hundreds of hours of audio entertainment, enlightenment and learning.” And it’s banking on major Indian celebrities to draw […]

China shows off its newest satellite’s high-resolution 3D imagery

On December 11, 2019Source: Asia – TechCrunchBy Devin Coldewey
Categories: Aerospace, Asia, Space, China, satellite imagery, Satellites

China launched the Gaofen-7 imaging satellite in November, and the country has just shared the first of its high-resolution, 3D shots. The satellite is sensitive enough to height that it should be able to spot a single person from 500 kilometers up. Gaofen-7 is the latest in a planned series of 14 satellites intended to […]

Carsome raises $50M for its used-car sales platform in Southeast Asia

On December 11, 2019Source: Asia – TechCrunchBy Manish Singh
Categories: Asia, Automotive, Funding, Recent Funding, Startups, Carsome, Convergence Ventures, Endeavor Catalyst, eric cheng, Gobi Partners, MUFG Innovation Partners

Carsome, a Malaysia-based marketplace for trading used cars, has closed a new $50 million financing round to fend off its rivals and grow its business in Southeast Asian markets. The new financing round, dubbed Series C, was funded by MUFG Innovation Partners (MUIP), the corporate venture capital arm and a wholly owned subsidiary of Mitsubishi […]

Zetwerk, an 18-month-old Indian B2B marketplace for manufacturing items, raises $32M

On December 10, 2019Source: Asia – TechCrunchBy Manish Singh
Categories: Asia, eCommerce, Funding, Recent Funding, Startups, Accel, Greenoaks Capital, india, KAE Capital, lightspeed, Zetwerk

Zetwerk, an Indian business-to-business marketplace for manufacturing items, has closed a significantly large financing round as it scales its operations in the nation and also helps local businesses find customers overseas. The 18-month-old startup said on Wednesday it has raised $32 million in a Series B financing round led by Lightspeed and Greenoaks Capital. Zetwerk […]

India proposes new rules to access its citizens’ data

On December 10, 2019Source: Asia – TechCrunchBy Manish Singh
Categories: Asia, Government, Privacy, Facebook, india, narendra modi, tiktok

India has proposed groundbreaking rules, akin to Europe’s GDPR, that would require technology companies to garner consent from citizens before collecting and processing their personal data. But at the same time, the new rules also state that companies would have to hand over “non-personal” data of their users to the government, and New Delhi would […]

Daily Crunch: China cracks down on foreign hardware and software

On December 9, 2019Source: Asia – TechCrunchBy Anthony Ha
Categories: Asia, Policy, Daily Crunch

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. China moves to ban foreign software and hardware from state offices China has ordered the replacement of all foreign PC hardware […]

Singapore’s Neuron Mobility raises $18.5M to bring its electric scooters to more international markets

On December 9, 2019Source: Asia – TechCrunchBy Manish Singh
Categories: Asia, Funding, Recent Funding, Startups, TC, Transportation, bird, Didi Chuxing, electric scooters, GSR Ventures, lime, neuron mobility, ofo

Neuron Mobility, a Singapore-based startup, has closed an $18.5 million financing round as it looks to scale its e-scooter startup in international markets — a month after the nation introduced difficult regulatory changes. The new financing round, dubbed Series A, was funded by GSR Ventures, a venture capital firm that was the first institutional investor […]

China moves to ban foreign software and hardware from state offices

On December 9, 2019Source: Asia – TechCrunchBy Devin Coldewey
Categories: Asia, Policy, China

China has reportedly ordered all foreign PC hardware and operating systems to be replaced in the next three years, intensifying an ongoing tech war. The country has attempted this sort of thing before halfheartedly, but this is the most serious effort yet to isolate itself from the influence of the western technology sector. The order […]

In wake of Shutterstock’s Chinese censorship, American companies need to relearn American values

On December 8, 2019Source: Asia – TechCrunchBy Danny Crichton
Categories: Asia, Government, Policy, China, ethics, Google, NBA, Project Dragonfly, shutterstock, stock photography

It’s among the most iconic images of the last few decades — a picture of an unknown man standing before a line of tanks during the protests in 1989 in Beijing’s Tiananmen Square. In just one shot, the photographer, Jeff Widener, managed to convey a society struggling between the freedoms of individual citizens and the […]

Netflix earmarks $420M to fight Disney in India

On December 6, 2019Source: Asia – TechCrunchBy Manish Singh
Categories: Apps, Asia, Entertainment, Media, Mobile, Disney, HBO, Hotstar, india, Netflix, Reed Hastings

Netflix continues to bet heavily on India, one of the world’s largest entertainment markets, where it competes with more than three dozen rivals, including Disney. Reed Hastings, the chief executive of Netflix, said on Friday that the company is on track to spend 30 billion Indian rupees, or $420.5 million, on producing and licensing content […]

Flipkart leads $60M investment in logistics startup Shadowfax

On December 5, 2019Source: Asia – TechCrunchBy Manish Singh
Categories: Asia, eCommerce, Funding, Logistics, Recent Funding, Startups, Eight Roads Ventures, Flipkart, india, NGP capital, Qualcomm Ventures, Shadowfax, Walmart

Walmart’s Flipkart has backed Indian startup Shadowfax in a new $60 million financing round as the retail giant works to strengthen its logistics network in the nation. Flipkart led the Series D financing round for the four-year-old Bangalore-based startup, Shadowfax co-founder and chief executive Abhishek Bansal told TechCrunch in an interview. Existing investors Eight Roads Ventures, […]

In a first, Amazon launches a battery-powered portable Echo speaker in India

On December 4, 2019Source: Asia – TechCrunchBy Manish Singh
Categories: Asia, Gadgets, Hardware, Amazon Echo, india

After launching nearly a dozen Echo speaker models in India in two years, Amazon said on Wednesday it is adding a new variant to the mix that addresses one of the most requested features from customers in the nation: portability. The e-commerce giant today unveiled the Echo Input Portable Smart Speaker Edition, a new variant […]

Xiaomi launches app to offer credit to millennials in India

On December 3, 2019Source: Asia – TechCrunchBy Manish Singh
Categories: Apps, Asia, Finance, Android, india, miui, mobile phones, Xiaomi, Zestmoney

Xiaomi, the top smartphone vendor in India, today joined a growing wave of fintech startups in the nation that are offering credit to aspirational young professionals and millennials. The Chinese electronics giant said today it is launching Mi Credit, its curated marketplace for digital lending, which offers users credit between Rs 5,000 ($70) and Rs […]

Kredivo’s parent firm FinAccel raises $90M to expand its credit lending platform in Southeast Asia

On December 2, 2019Source: Asia – TechCrunchBy Manish Singh
Categories: Apps, Asia, Finance, Funding, Recent Funding, Startups, Asia Growth Fund, FinAccel, kredivo, Lazada Group, Reinventure, square peg

Singapore-headquartered FinAccel has secured $90 million in one of the largest funding rounds for a fintech startup in Southeast Asia as it looks to further grow its credit lending app Kredivo and build more financial services. The financing round, dubbed Series C, for the three-and-a-half-year-old startup was jointly led by Asia Growth Fund — a […]

Canalys: Chinese cloud infrastructure spending reaches almost $3B a quarter

On December 2, 2019Source: Asia – TechCrunchBy Ron Miller
Categories: Artificial Intelligence, Asia, Cloud, alibaba, AWS, canalys, China, cloud marketshare

Canalys released its latest cloud infrastructure spending numbers for China today, and it’s all trending upward. For starters, the market reached $2.9 billion for the quarter, an increase of 60.8%. China now accounts for 10.4% of worldwide cloud spending, meaning it’s second only to the U.S. in overall spending. That is pretty amazing, given that […]

Accel closes new $550M fund for India

On December 2, 2019Source: Asia – TechCrunchBy Manish Singh
Categories: Asia, Funding, Startups, Venture Capital, Accel, Accel-KKR, Blackstone, e-commerce, East Ventures, entrepreneurship, Europe, Flipkart, food, freshworks, healthcare, india, investment, Israel, money, Private Equity, Prosus Ventures, Silicon Valley, Softbank, Startup company, Uber, Walmart

Accel, one of the world’s most influential venture capitalist firms, is getting more bullish on India. The Silicon Valley-headquartered firm, which largely focuses on early-stage investments, said today it has closed $550 million for its sixth venture fund in India. This is a significant amount of capital for Accel’s efforts in the country, where it […]

Cellphone plans get up to 40% costlier in India

On December 2, 2019Source: Asia – TechCrunchBy Manish Singh
Categories: Asia, Mobile, india, vodafone

India has long been a wonderland for cellphone users. At a time when most telecom operators across the globe charge anywhere between $5 to $10 for a gigabyte of mobile data, telcos in India deliver that for just a few cents. Spare another $2 to the same telecom operator and you get a gigabyte of […]

 

[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