[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
600+
240+
170+
35+
40+
$130,000,000+
STARTUPS
INVESTORS
Prime today, gone tomorrow: Chinese products get pulled from Amazon
On May 11, 2021Source: Asia – TechCrunchBy Rita LiaoIf you ever bought power banks, water bottles, toys, or other daily goods on Amazon, the chances are your suppliers are from China. Analysts have estimated that the share of Chinese merchants represented 75% of Amazon’s new sellers in January, up from 47% the year before, according to Marketplace Pulse, an e-commerce research firm. Chinese […]
Google Pay US users can now send money to users in India and Singapore
On May 11, 2021Source: Asia – TechCrunchBy Manish SinghGoogle Pay users in the U.S. can now send money to GPay users in India and Singapore, Google said on Tuesday, making its first push into the remittances market. The company has partnered with Western Union and Wise, both of which have integrated their services into Google Pay. Josh Woodward, director of Product Management at Google, […]
Flipkart in talks to raise $1 billion ahead of IPO
On May 11, 2021Source: Asia – TechCrunchBy Manish SinghIndian e-commerce giant Flipkart has hit the market to raise about $1 billion at up to $30 billion valuation in a pre-IPO financing round, two people familiar with the matter told TechCrunch. The Bangalore-based startup, which sold majority stake to Walmart for $16 billion in 2018, initiated fundraise possibilities with some investors earlier this year […]
Lidar startup Innovusion closes $64M round led by Temasek
On May 11, 2021Source: Asia – TechCrunchBy Rita LiaoMore investors are joining the wave to bet on lidar, the remote sensing method that uses laser light to measure distances and has garnered ample interest from automakers in recent times. But it’s also a technology that has long been scorned by Elon Musk partly due to its once exorbitant costs. Innovusion, a five-year-old lidar […]
Crypto asset manager Babel raises $40M from Tiger Global, Bertelsmann and others
On May 10, 2021Source: Asia – TechCrunchBy Rita LiaoThree years after its inception, crypto financial service provider Babel Finance is racking up fundings and partnerships from major institutional investors. The startup said Monday that it has closed a $40 million Series A round, with lead investors including Zoo Capital, Sequoia Capital China, Dragonfly Capital, Bertelsmann and its Asian fund BAI Capital, and Tiger […]
Google begins surfacing vaccine centers, hospital beds, oxygen info in India
On May 10, 2021Source: Asia – TechCrunchBy Manish SinghGoogle, which reaches more than half a billion people in India, is turning its services into tools to help the world’s second-largest internet market fight the pandemic. Google said on Monday it has rolled out a range of updates to its Search, Maps, YouTube and Google Pay services in India to display and boost authoritative […]
Telkomsel invests an additional $300 million in Gojek
On May 10, 2021Source: Asia – TechCrunchBy Manish SinghTelkomsel, a unit of Indonesia’s largest telecom operator Telkom, has invested an additional $300 million in ride-hailing and payments firm Gojek, the two firms said Monday, just months after the network provider wrote a $150 million check to the Southeast Asian firm. The announcement comes amid Gojek working to seal a proposed merger with e-commerce […]
Walmart’s Flipkart to cover insurance for all sellers in India and waive additional fees
On May 7, 2021Source: Asia – TechCrunchBy Manish SinghWalmart-owned Flipkart is exempting storage and cancellation fees for sellers on its marketplace and also providing them with insurance coverage as the top e-commerce platform in India looks to maintain cordial relationships with more than 300,000 sellers who are facing severe disruption amid an unprecedented rise in the spread of coronavirus infections in the South […]
Juul inventor’s Myst lands funding as institutional investors turn to China’s e-cigs
On May 7, 2021Source: Asia – TechCrunchBy Rita LiaoOver the past several years, institutional investors had largely shied away from China’s e-cigarette makers, an industry that was teeming with shoddy workshops and lacked regulatory oversight. But investors’ attitude is changing as China sets in motion its strictest ever regulation on electronic cigarettes. Myst Labs, a Chinese e-cigarette maker co-founded in 2019 by Chenyue […]
SoftBank leads $15M round for China’s industrial robot maker Youibot
On May 7, 2021Source: Asia – TechCrunchBy Rita LiaoSoftBank has picked its bet in China’s flourishing industrial robotics space. Youibot, a four-year-old startup that makes autonomous mobile robots for a range of scenarios, said it has notched close to 100 million yuan ($15.47 million) in its latest funding round led by SoftBank Ventures Asia, the Seoul-based early-stage arm of the global investment behemoth. […]
Chinese EV maker Nio is stepping outside of China for the first time
On May 6, 2021Source: Asia – TechCrunchBy Aria AlamalhodaeiChinese electric vehicle maker Nio has chosen Norway — an EV hotspot — for its first foray into international markets. Nio Norway will offer a European version of ES8, Nio’s flagship electric SUV, to Norwegian customers from September this year. The ET7 sedan will follow in 2022. “The decision to have Norway as our first […]
PUBG Mobile to relaunch as Battlegrounds Mobile in India
On May 6, 2021Source: Asia – TechCrunchBy Manish SinghKrafton, the South Korean developer of PUBG Mobile, said on Thursday that it is bringing back the popular gaming title to India under the brand name Battlegrounds Mobile India. The new title, which uses the color scheme of the Indian flag and is largely a replica of PUBG Mobile, will offer “a world class AAA […]
Tesla supplier Delta Electronics invests $7M in AI chip startup Kneron
On May 6, 2021Source: Asia – TechCrunchBy Rita LiaoDespite a persistent semiconductor shortage that is disrupting the global automotive industry, investors remain bullish on the chips used to power next-generation vehicles. Kneron, a startup that develops semiconductors to give devices artificial intelligence capabilities by using edge computing, just got funded by Delta Electronics, a Taiwanese supplier of power components for Apple and Tesla. […]
China expresses concern over its absence in India’s 5G trials
On May 5, 2021Source: Asia – TechCrunchBy Manish SinghChina expressed concern on Wednesday over India’s move to not grant any Chinese firm permission to participate in 5G trials in the world’s second-largest internet market as the two neighboring nations struggle to navigate business ties amid their geo-political tensions. India’s Department of Telecommunications earlier this week approved over a dozen firms’ applications to conduct […]
Indian online teaching platform Teachmint raises $16.5 million
On May 4, 2021Source: Asia – TechCrunchBy Manish SinghAn Indian startup that began its life after the global pandemic broke last year said on Tuesday it has concluded its third financing round as it enables hundreds of thousands of teachers in the world’s second-largest internet market to run classes online and serve their students. Bangalore-based Teachmint said today it has raised $16.5 million […]
India grants approval for 5G trials, avoids Chinese firms
On May 4, 2021Source: Asia – TechCrunchBy Manish SinghThe Indian telecom ministry on Tuesday said it has granted several telecom service providers permission to conduct a six-month trial for the use and application of 5G technology in the country. New Delhi has granted approval to over a dozen firms spanning multiple nationalities — excluding China. Among the telecom operators that have received the […]
Facebook rolls out vaccine finder tool in India, donates $10 million
On May 3, 2021Source: Asia – TechCrunchBy Manish SinghFacebook has announced a $10 million grant to support emergency response efforts in India and has rolled out its Vaccine Finder tool in the country as the South Asian nation grapples with the latest wave of the coronavirus pandemic. The American social network said that it has partnered with a number of organizations including United […]
Is Washington prepared for a geopolitical ‘tech race’?
On May 1, 2021Source: Asia – TechCrunchBy Danny CrichtonWhen Secretary of State Antony Blinken and National Security Advisor Jake Sullivan sat down with Chinese officials in Anchorage, Alaska for the first high-level bilateral summit of the new administration, it was not a typical diplomatic meeting. Instead of a polite but restrained diplomatic exchange, the two sides traded pointed barbs for almost two hours. […]
How UK-based Lendable is powering fintechs across emerging markets
On April 30, 2021Source: Asia – TechCrunchBy Tage Kene-OkaforWhat moves the needle for digital lenders is serving loans to their respective customers. But where does this money come from? The pool is usually equity or debt. While some lenders use the former, it can be seen as folly because, over time, the founders tend to lose ownership of their businesses after giving out […]
Apple sales bounce back in China as Huawei loses smartphone crown
On April 29, 2021Source: Asia – TechCrunchBy Rita LiaoHuawei’s smartphone rivals in China are quickly divvying up the market share it has lost over the past year. Indeed, 92.4 million units of smartphones were shipped in China during the first quarter, with Vivo claiming the crown with a 23% share and its sister company Oppo following closely behind with 22%, according to market […]
[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