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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’s Haptik acqui-hires Los Angeles startup Convrg in international expansion push

On July 23, 2019Source: Asia – TechCrunchBy Manish Singh
Categories: Apps, Artificial Intelligence, Asia, Funding, Fundings & Exits, Amazon, artificial intelligence, Google, haptik, india, Los Angeles, oyo, reliance jio, Samsung, sephora, Shopify, United States

Mumbai-based Haptik, which operates a conversational AI platform, has already won several high profile clients in India. Now the five-year-old firm, with newly found significant capital in the bank, is attempting to replicate its success in international markets. On Tuesday, Haptik announced it has acqui-hired Convrg, a Los Angeles-based startup that develops chatbots, to serve customers in […]

China’s coffee upstart Luckin pushes into India and Middle East

On July 22, 2019Source: Asia – TechCrunchBy Rita Liao
Categories: Asia, eCommerce, Food, africa, Beijing, bytedance, China, Coffee, food, food and drink, india, kfc, kuwait, luckin, Luckin Coffee, Middle East, North Africa, pizza hut, starbucks, tata, tea

Luckin continues to expand at jaw-dropping speed as it announced plans to open shop overseas for the first time. On Monday, the Starbucks challenger from China said it has signed a memorandum of understanding to set up a joint venture with Americana Group, a major international food group. The deal will see Luckin launch a […]

With Chandrayaan-2 launch, India’s ISRO shoots for the Moon on a shoe-string budget

On July 22, 2019Source: Asia – TechCrunchBy Manish Singh
Categories: Asia, Science, Space, China, Endgame, india, Indian Space Research Organization, isro, mars mission, narendra modi, outer space, russia, social media, spaceflight, United Kingdom, United States

India took a giant leap in its space program on Monday after its space agency launched a spacecraft that is scheduled to touch down on the Moon in September. The Indian Space Research Organization (ISRO), which is India’s equivalent of NASA, confirmed the successful launch of the spacecraft as the nation inches closer to becoming […]

Visa invests in India-based B2B payments platform PayMate’s $25M round

On July 22, 2019Source: Asia – TechCrunchBy Manish Singh
Categories: Apps, Asia, Funding, Payments, Recent Funding, Startups, TC, Venture Capital, Europe, india, PayMate, series D, united arab emirates, visa

PayMate, a Mumbai-based startup that helps businesses automate and digitize their payments, is raising $25 million in a new round, its founder said, as it looks to expand its presence within India and in international markets. In an interview with TechCrunch, Ajay Adiseshann, founder and CEO of PayMate, said the startup has already raised a substantial […]

White Star Capital eyes Asia growth with new Hong Kong office

On July 22, 2019Source: Asia – TechCrunchBy Rita Liao
Categories: Asia, Funding, Venture Capital, butternut box, Canada, China, deutsche bank, DJI, hong kong, shenzhen, south korea, Southeast Asia, Tencent, tokyo, venture capital, white star capital, World Economic Forum

For western startups looking to enter Asia and Asian startups expanding globally, more funding has become available as investors are increasingly looking to export local tech solutions to overseas markets. Globally based venture capital firm White Star Capital has set up a new office in Hong Kong this month to capture entrepreneurs in the budding […]

After Baidu tie-up, BMW taps Tencent for autonomous driving in China

On July 19, 2019Source: Asia – TechCrunchBy Rita Liao
Categories: Artificial Intelligence, Asia, Automotive, Transportation, alibaba, angela merkel, Baidu, Beijing, BMW, Cao Xudong, China, cloud computing, Germany, Momenta, NavInfo, saic, search engine, Tencent, WeChat

China is BMW’s largest market, and the German automaker knows in order to capture the country’s demanding consumers, its future models must support robust autonomous driving capability. But to build it itself in China is hardly possible. The success of autonomous driving relies in part on high-definition mapping, a process that requires an expansive collection […]

Hardware startups take center stage for Hardware Battlefield at TC Shenzhen

On July 18, 2019Source: Asia – TechCrunchBy Neesha A. Tambe
Categories: Asia, Events, Hardware, Startups, Hardware Battlefield at TC Shenzhen, TC Hardware Battlefield 2019

Software grabs so much attention that it even has its own catchphrase — there’s an app for that. It’s not a bad thing, but we know nothing happens without hardware. That’s why we’re hunting for the best early-stage hardware startups to take center stage at Hardware Battlefield at TC Shenzhen on November 11-12 in China. Apply […]

How US national security agencies hold the internet hostage

On July 18, 2019Source: Asia – TechCrunchBy Arman Tabatabai
Categories: Asia, Government, Hack, Policy, Privacy, Security, Amazon, arizona state university, broadband, Chile, China Mobile, donald trump, Facebook, FCC, Federal Bureau of Investigation, Federal Communications Commission, fiber optics, France, Google, Huawei, Japan, mass surveillance, Microsoft, National Security Agency, OneWeb, oregon, Philippines, SpaceX, sprint, T-Mobile, taiwan, telecommunications, Verizon, Verizon Communications

Team Telecom, a shadowy US national security unit tasked with protecting America’s telecommunications systems, is delaying plans by Google, Facebook and other tech companies for the next generation of international fiber optic cables. Team Telecom comprises representatives from the departments of Defense, Homeland Security, and Justice (including the FBI), who assess foreign investments in American […]

InCountry raises $15M for its cloud-based private data storage-as-a-service solution

On July 18, 2019Source: Asia – TechCrunchBy Ingrid Lunden
Categories: Asia, Cloud, Enterprise, Europe, Recent Funding, Security, Startups, Arbor Ventures, data protection, global founders capital, incountry, Mubadala Ventures, security

The rise of data breaches, along with an expanding raft of regulations (now numbering 80 different regional regimes, and growing) have thrust data protection — having legal and compliant ways of handling personal user information — to the top of the list of things that an organization needs to consider when building and operating their […]

eBay picks 5.5% stake in India’s Paytm Mall

On July 18, 2019Source: Asia – TechCrunchBy Manish Singh
Categories: Asia, eCommerce, Funding, TC, alibaba group, Ant Financial, eBay, Flipkart, Paytm, SAIF Partners, SnapDeal, SoftBank Group, Vijay Shekhar Sharma, Walmart

eBay said today it is buying a 5.5% stake in e-commerce marketplace Paytm Mall as the global firm makes another push to gain in India’s fast-growing e-commerce market. The two firms did not disclose financial terms of the deal, but a source familiar with the matter told TechCrunch that eBay has invested between $150 million […]

How a Hong Kong startup gets caught up in US-China trade war

On July 18, 2019Source: Asia – TechCrunchBy Rita Liao
Categories: Asia, Government, Policy, TC, Venture Capital, artificial intelligence, bangkok, China, CRM, delaware, hong kong, Indonesia, mindworks ventures, miro, Singapore, Southeast Asia, TPG Capital, warburg pincus

Taylor Host has been operating his artificial intelligence startup out of Hong Kong for more than two years. The American entrepreneur has clients from Europe, North America and Asia, but he settled in the city for its adjacency to Southeast Asia and mainland China’s massive market. Miro, which Host co-founded in 2017 with British software […]

Netflix will roll out a lower-priced subscription plan in India

On July 17, 2019Source: Asia – TechCrunchBy Manish Singh
Categories: Apps, Asia, Entertainment, Media, Mobile, Amazon, Disney, Hotstar, india, Netflix, prime video, Spotify

Netflix said on Wednesday that it will roll out a cheaper subscription plan in India, one of the last great growth markets for global companies, as the streaming giant scrambles to find ways to accelerate its slowing growth worldwide. The company added 2.7 million new subscribers in the quarter that ended in June this year, […]

Ebix to acquire Indian travel company Yatra for $337.8M

On July 17, 2019Source: Asia – TechCrunchBy Manish Singh
Categories: Asia, Fundings & Exits, M&A, Transportation, ebix, yatra

Atlanta-based software firm Ebix said today it is acquiring Indian online travel booking company Yatra through a merger deal at an enterprise value of $337.8 million as it looks to strengthen its position in India’s hotel and flight ticketing market. Once the acquisition has completed, Yatra will become part of Ebix’s EbixCash (the company’s Indian […]

India’s 30-year-old MyMoneyMantra raises $15M to scale its financial services marketplace

On July 17, 2019Source: Asia – TechCrunchBy Manish Singh
Categories: Asia, Finance, Online lending, Recent Funding, Startups, TC, Venture Capital, IFSD BV, india, MyMoneyMantra, niyo, Paytm, Vaalon Capital

MyMoneyMantra, a 30-year-old New Delhi-based firm that operates a marketplace of financial services, has raised $15 million in its maiden funding round from an external source to expand its offerings and reach in the nation. Dutch investment firm IFSD BV and private equity firm Vaalon Capital funded the $15 million round in MyMoneyMantra, the Indian […]

China startup deals shrink as fundraising for investors plummets

On July 16, 2019Source: Asia – TechCrunchBy Rita Liao
Categories: Asia, Funding, Startups, China, Horizon Robotics, investment, legend capital, Luckin Coffee, Private Equity, TPG Capital, venture capital, venture capital Firms, warburg pincus

Chinese startups continue to weather tough times as private investors, caught in a cash crunch, are concentrating money into fewer deals. China’s deal-making activity for startups in the six months ended June halved from a year ago to 1,910, according to data from consulting firm ChinaVenture’s research arm. The amount invested in domestic startups during […]

India’s budget hotel startup Oyo enters co-working business with $30 million Innov8 acquisition

On July 16, 2019Source: Asia – TechCrunchBy Manish Singh
Categories: Asia, Exit, M&A, Startups, Airbnb, coworking space, innov8, oyo

India’s Oyo has expanded its hotel chain business to more than 80 countries and entered the co-living spaces segment in recent years. The firm, which has raised about $1 billion since last September from several big names, including Airbnb, has now identified a new business to target: co-working spaces. The Gurgaon-headquartered firm on Tuesday announced Oyo […]

Snap turns to search giant Baidu to court Chinese advertisers

On July 16, 2019Source: Asia – TechCrunchBy Rita Liao
Categories: Asia, Media, Social, advertising solutions, Baidu, cheetah mobile, China, Facebook, Japan, papayamobile, search engine, shanghai, shenzhen, snap inc, Snapchat, social media, Twitter

Two years have passed since Snap Inc. first struck a deal with Baidu that authorized China’s largest search engine to be a reseller of Snapchat ads for companies in Greater China, as well as Japan and South Korea, where Baidu runs a portfolio of mobile apps. This week, the pair announced they have renewed the […]

Online shopping guide SMZDM surges 44% on China stock market debut

On July 15, 2019Source: Asia – TechCrunchBy Rita Liao
Categories: Asia, eCommerce, Funding, alibaba, alibaba group, China, e-commerce, JD.com, Mogujie, online marketplaces, shenzhen, SMZDM, Tencent

When Chinese internet companies seek initial public offerings, they tend to look to the United States, where rules for profitability are less strict. SMZDM, an online shopping guide that few people outside China have heard of, has joined a small rank of internet startups that are trading on public markets in mainland China. SMZDM, short […]

No technical reason to exclude Huawei as 5G supplier, says UK committee

On July 15, 2019Source: Asia – TechCrunchBy Natasha Lomas
Categories: Asia, Europe, Mobile, Privacy, Security, TC, 5g, Australia, China, cyber security, Ericsson, Huawei, human rights, Ian Levy, Internet of Things, jeremy wright, National Cyber Security Centre, national security, Nokia, telecommunications, United Kingdom, United States, zte

A UK parliamentary committee has concluded there are no technical grounds for excluding Chinese network kit vendor Huawei from the country’s 5G networks. In a letter from the chair of the Science & Technology Committee to the UK’s digital minister Jeremy Wright, the committee says: “We have found no evidence from our work to suggest […]

Yandex-Uber JV MLU acquires regional rival Vezet for shares and $71.5M in cash

On July 15, 2019Source: Asia – TechCrunchBy Ingrid Lunden
Categories: Asia, Europe, M&A, Transportation, Uber, Yandex, yandex.taxi

On-demand transportation giant Uber made its name in part by aggressively entering new markets on a path of organic growth, but in recent times, it has shown itself more amenable to the concept of expansion through acquisition. Today, MLU, Uber’s ridesharing and food delivery JV with Yandex (by way of Yandex .taxi) covering cities in […]

 

[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