Login

Don't have an account? Register now
Register
Your Email Address
You are

Already have an account? login
Forgot password? Click here
Password Reset

Already have an account? login
Password Reset
Thank you! Further instructions were sent to your email. Please, check your mailbox to proceed.

[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

Byju’s buys Osmo for $120M to add blended learning to its $4B digital education business

On January 16, 2019Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Education, Funding, Fundings & Exits, TC, Bank, BYJU, byju's, ceo, education startup, india, iPads, Kindle, mattel, Naspers, online education, osmo, photographer, pramod sharma, Sesame Workshop, TechCrunch, technology, Tencent, United States, world wide web

Weeks after it raised a massive $540 million funding round, Indian education unicorn Byju’s is on the M&A path. The company announced today it has snapped up U.S-based Osmo, a startup that develops apps for kids that use offline input, in a deal worth $120 million. Osmo has raised over $30 million from investors that […]

EVs and online marketplaces thrive despite slump in Chinese car sales

On January 16, 2019Source: Asia – TechCrunchBy Rita Liao
Categories: Asia, Automotive, alibaba, car sales, China, didi, Didi Chuxing, electric vehicles, guazi, internet penetration, Jaguar Land Rover, online marketplaces, renrenche, Tencent, transport, United States, uxin

China’s massive auto market hit the brakes last year as trade tensions and a softening economy dampened consumer confidence, but one segment soared on account of increasing internet penetration — used car sales. New passenger car sales fell to 23.7 million last year, representing a 4.1 year-over-year drop according to a new report by China’s Association of […]

Instamojo raises $7M to help SMEs and ‘micro-entrepreneurs’ in India sell online

On January 16, 2019Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, eCommerce, Recent Funding, Startups, TC, Bengaluru, economy, Facebook, india, instamojo, Kalaari Capital, King, merchant, online commerce, Paytm, Southeast Asia

In India, startups are quietly building the tools and platforms to enable a different kind of gig economy: one that allows “micro-entrepreneurs” to tap growing access to the internet to sell goods and services online. One such firm helping this burgeoning economy is Instamojo, a seven-year-old Bengaluru-based startup, which has pulled in a $7 million Series […]

Grab moves to offer digital insurance services in Southeast Asia

On January 16, 2019Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Collaborative Consumption, chief, China, go-jek, Google, grab, Indonesia, insurance, Meituan-Dianping, singapore life, Southeast Asia, Tencent, Thailand, Uber, vietnam, ZhongAn

Grab is Southeast Asia’s top ride-hailing firm, thanks in no small part to its acquisition of Uber’s local business last year, but the company also houses an ambitious fintech arm, too. That just added another vertical to its business after Grab announced it is teaming up with China’s ZhongAn to introduce insurance. Grab and ZhongAn International, […]

Digital insurance firm Singapore Life raises $33M ahead of Southeast Asia expansion

On January 15, 2019Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Finance, Funding, Fundings & Exits, asia pacific, Asset Management, head, insurance, Singapore, singapore life, Southeast Asia

Digital insurance firm Singapore Life has started 2019 with a bang after it raised $33 million across two investments as it eyes new market expansions in Southeast Asia. The company pulled in $20 million from NYSE-listed Aflac Investment on December 31, and added $13 million this week via an investment from Aberdeen Standard Investments, a […]

American Express acquires Japan-based restaurant booking service Pocket Concierge

On January 15, 2019Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Funding, Fundings & Exits, M&A, 500 startups, American Express, chef, economy, finance, head, james riney, Japan, Mezi, money, OpenTable, Pocket Concierge

American Express made an acquisition in Japan by picking up restaurant booking service Pocket Concierge in an undisclosed deal. The acquisition was announced in Japanese and in English by James Riney, the head of 500 Startups Japan, which invested in Pocket Concierge as one of its first deals in the country. The service was launched in 2013 to […]

TikTok is giving China a video chat alternative to WeChat

On January 15, 2019Source: Asia – TechCrunchBy Rita Liao
Categories: Apps, Asia, Social, alibaba, bytedance, China, douyin, e-commerce, messaging apps, musical.ly, Snap, social media, social media platforms, Tencent, tiktok, WeChat, Weibo

ByteDance, the world’s most-valued startup, just launched a new social media product under its Douyin brand in what many people see as a serious attempt to challenge WeChat. Tencent has long dominated China’s social networking space with WeChat and QQ. WeChat claims to have one billion monthly active users worldwide, most of whom are in China. […]

WeChat is quietly ranking user behavior to play catch-up with Alibaba

On January 15, 2019Source: Asia – TechCrunchBy Rita Liao
Categories: Asia, Government, Online lending, Payments, alibaba, alibaba group, alipay, Ant Financial, Bank, Beijing, China, credit score, Messenger, mobile payments, online payments, power bank, Tencent, WeChat

More than one billion people leave behind trails of information on WeChat every day as they use the messenger to chat, read, shop, hail rides, rent umbrellas and run many other errands. And the Tencent app has quietly started using this type of signal to determine whether a user is worthy of perks such as […]

Alibaba taps Kabbage to loan up to $150K to SMBs after it quietly acquired OpenSky to ramp in North America

On January 14, 2019Source: Asia – TechCrunchBy Ingrid Lunden
Categories: Asia, eCommerce, Finance, TC, alibaba, e-commerce, Kabbage

Alibaba’s long-term ambition to grow its business in the U.S. is taking another step forward. To increase sales to U.S. small businesses, the company has partnered with Kabbage, the SoftBank-backed unicorn that provides loans to SMBs using big data and machine learning to determine eligibility faster than a traditional bank lender, to provide up to $150,000 […]

Geoengineering could solve our climate problems if anyone allowed it

On January 14, 2019Source: Asia – TechCrunchBy Danny Crichton
Categories: Asia, Book Review, Europe, Government, GreenTech, Policy, Science, Automattic, China, huawei, PG&E, poland, WordPress

This weekend, I finished reading Oliver Morton’s The Planet Remade (thanks to reader Eliot Peper for recommending it). Morton has a multitude of goals with the book, but there were two I think are deeply valuable. First, geoengineering is a plausible approach to solving our climate problems this century, and second, engineering the climate generates […]

Apple HomePod comes to China at $400 amid iPhone sales woes

On January 14, 2019Source: Asia – TechCrunchBy Rita Liao
Categories: Artificial Intelligence, Asia, Hardware, alibaba, Amazon, Apple, apple inc, Baidu, China, Google, HomePod, iPhone, smart speaker, Xiaomi

Apple is finally launching HomePod in China, but the timing is tricky as the premium device will have to wrestle with local competitors and a slowing economy. The firm said over the weekend that its smart speaker will be available in Mainland China and Hong Kong starting January 18, adding to a list of countries where […]

The US continues to hammer Chinese tech

On January 11, 2019Source: Asia – TechCrunchBy Arman Tabatabai
Categories: Asia, Government, Policy, Venture Capital, CFIUS, China, huawei, NVCA

It’s another week, and another bevy of hits on Chinese tech by the U.S. government. Let’s get up to speed, plus a request for startup lawyer recommendations. TechCrunch is experimenting with new content forms. This is a rough draft of something new — provide your feedback directly to the author (Danny at danny@techcrunch.com) if you […]

Daily Crunch: Bing has a child porn problem

On January 11, 2019Source: Asia – TechCrunchBy Taylor Nakagawa
Categories: Apps, Artificial Intelligence, Asia, Cloud, Developer, Entertainment, Fundings & Exits, Government, Hack, Hardware, Robotics, Social, Startups, TC

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. Microsoft Bing not only shows child pornography, it suggests it A TechCrunch-commissioned report has found damning evidence on Microsoft’s search engine. […]

Xiaomi’s five-year plan is a $1.5 billion bet on smart homes

On January 11, 2019Source: Asia – TechCrunchBy Rita Liao
Categories: Asia, Funding, Hardware, China, huawei, ikea, Lei Jun, operating system, Redmi, smart devices, smartphone, smartphones, voice assistant, Xiaomi

Xiaomi, the Chinese company best known for budget phones, is betting big on a future of connected homes. It plans to plough at least 100 billion yuan, or $1.48 billion, into the so-called “AIoT” sector over the next five years, founder and chief operating officer Lei Jun announced on Friday. AIoT, short for “AI + […]

An unsecured database exposed the personal details of 202M job seekers in China

On January 11, 2019Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Privacy, Security, China, computing, craigslist, data management, database, driver, EDGE, GitHub, internet data, ips, MongoDB, nosql, Password, search engine, spokesperson

The personal details belonging to more than 202 million job seekers in China, including information like phone numbers, email addresses, driver licenses and salary expectations, were freely available to anyone who knew where to look for as long as three years due to an insecure database. That’s according to findings published by security researcher Bob Diachenko […]

World’s most valuable AI startup SenseTime unveils self-driving center in Japan

On January 11, 2019Source: Asia – TechCrunchBy Rita Liao
Categories: Asia, Automotive, Transportation, alibaba, artificial intelligence, Automation, Baidu, Emerging-Technologies, face recognition, honda, Japan, robotics, self-driving cars, SenseTime, tokyo, transport

The world’s highest-valued artificial intelligence startup SenseTime has set foot in Japan. The Beijing-based firm announced on Friday that it just opened a self-driving facility in Joso, a historic city 50 kilometers away from Tokyo, where it plans to conduct R&D and road test driverless vehicles. The initiative follows its agreement with Japanese auto giant Honda in […]

The next phase of WeChat

On January 10, 2019Source: Asia – TechCrunchBy Rita Liao
Categories: Apps, Asia, Social, alibaba, alipay, app-store, China, Messenger, mobile payments, online payments, search engine, social network, social networking, Tencent, tiktok, voice assistant, WeChat

Thousands of people gathered Wednesday night in a southern Chinese city to hear Zhang Xiaolong, Tencent’s low-key executive who built WeChat eight years ago. It’s no longer adequate to call the app a messenger, for it now enables myriad functions that infiltrate Chinese people’s private and public lives. It wasn’t just the tech circles tuning […]

Mr Jeff bags $12M Series A to replace trips to the laundromat

On January 10, 2019Source: Asia – TechCrunchBy Natasha Lomas
Categories: Apps, Asia, Fundings & Exits, Recent Funding, Startups, All Iron Ventures, madrid, Mr Jeff, on-demand laundry

If you thought the on-demand laundry space had run out of startup steam, here’s a bit of a conditioner: Spanish startup Mr Jeff has bagged a $12 million Series A, led by All Iron Ventures. The 2016-founded firm currently offers home laundry and dry cleaning services, including on-demand and monthly subscription options, in seven countries, with […]

Uber’s India rival Ola nears $6 billion valuation ahead of huge funding round

On January 10, 2019Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Automotive, Collaborative Consumption, Funding, Fundings & Exits, TC, Australia, food delivery, Foodpanda, grab, india, Naspers, New Zealand, Ola, Softbank, SoftBank Group, Steadview Capital, temasek, Tencent, Uber

Ola, India’s local rival to Uber, has seen its valuation jump to nearly $6 billion as it prepares to take in a large round of financing. The ride-hailing firm, which was founded in 2010, has raised around $3.3 billion from investors to date, and it topped that up a little this week. Ola pulled in […]

Emeritus, which develops online courses with universities, raises $40M

On January 10, 2019Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Education, Recent Funding, Startups, TC, bertelsmann, boston, byju's, columbia, Coursera, Dubai, MIT, Mumbai, Singapore, uc-berkeley, udemy

The funding streak for educational startups in Asia continues into 2019 after Emeritus, a U.S-Indian company that partners with universities to offer digital courses, landed a $40 million Series C round led by Sequoia India. The deal includes participation from existing investor Bertelsmann India Investments, and it takes Emeritus — founded in 2010 as offline management program company Eruditus — to […]