[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
350+
230+
80+
30+
45+
$27,000,000+
STARTUPS
INVESTORS
India’s OkCredit raises $67M to help small merchants digitize their bookkeeping
On September 13, 2019Source: Asia – TechCrunchBy Manish SinghOkCredit, a Bangalore-based startup that enables small merchants to digitize their bookkeeping, has raised $67 million in a new financing round to grow its business in the nation. The Series B financing round for the two-year-old startup was led by Lightspeed and Tiger Global. The new round, which follows the Series A in June, increases […]
India’s ride-hailing giant Ola makes serious bet on two-wheeler
On September 12, 2019Source: Asia – TechCrunchBy Manish SinghOla, the largest ride-hailing service in India, said today its two-wheeler service — Ola Bike — is now operational in 150 Indian cities and towns and it intends to grow this business by three times in the next year. The eight-year-old SoftBank -backed firm said Ola Bike is enabling it to reach the “hinterlands of […]
InMobi’s Glance raises $45M to expand outside of India
On September 10, 2019Source: Asia – TechCrunchBy Manish SinghGlance, a subsidiary of Indian mobile ad business firm InMobi, said today it has raised $45 million as it prepares to scale its business outside of India and bulk up its product offerings. The unnamed maiden financing round for Glance was funded by Mithril Capital, a growth-stage investment firm co-founded by Silicon Valley investors Peter […]
Paytm’s annual loss doubles to $549M
On September 10, 2019Source: Asia – TechCrunchBy Manish SinghRunning a payments business in India is not cheap. Just ask Paytm . One of India’s largest payment companies reported a net loss of Rs 3959 crore ($549 million) for the financial year that ended in March, up 165% over Rs 1490 crore ($206 million) in the same period last year. Undeterred from losses, Paytm […]
American tariffs are having a bigger impact on US-based Amazon vendors than their competitors in China, according to SellerMotor
On September 9, 2019Source: Asia – TechCrunchBy Catherine ShuThe series of tariffs imposed by the United States on Chinese goods has impacted both U.S. and China-based Amazon vendors, but U.S. sellers are taking a bigger hit to their sales, according to data from cross-border e-commerce analytics company SellerMotor. The gap has widened since the round of tariffs on Chinese goods announced in the […]
Good Capital launches to close the funding gap for early-stage Indian startups
On September 9, 2019Source: Asia – TechCrunchBy Manish SinghRohan Malhotra and Arjun Malhotra left their jobs in London and Silicon Valley to explore opportunities in India in late 2013. A year later, the brothers launched Investopad to connect with local startup founders and product managers and build a community to exchange insight. Somewhere in the journey, they wrote early checks to social-commerce startup […]
India loses contact with spacecraft during historic moon landing attempt
On September 7, 2019Source: Asia – TechCrunchBy Manish SinghIndia’s attempt to become the first nation to soft land a robotic spacecraft at the moon’s South Pole, an unexplored region, has ended in failure, the space agency said Saturday. Less than two miles above the lunar surface, the Vikram lander (named after Vikram Sarabhai, the father of India’s space program) lost communications with the […]
Watch India’s Chandrayaan-2 make its historic Moon landing attempt right here
On September 6, 2019Source: Asia – TechCrunchBy Manish SinghIt’s a big day for India’s highly audacious Chandrayaan-2 mission. The nation will attempt to land on the moon’s surface shortly as it inches closer to becoming the fourth in the world to complete a successful lunar landing. ISRO, India’s equivalent of NASA, is live streaming the landing on its website, and YouTube channel (embedded […]
Xiaomi has shipped 100 million smartphones in India
On September 6, 2019Source: Asia – TechCrunchBy Manish SinghXiaomi said on Friday it has shipped more than 100 million smartphones in India, its most important market, since beginning operations in the nation five years ago. The company cited figures from research firm IDC in its claim. The Chinese giant, which has held the top smartphone vendor position in India for eight straight quarters, […]
8-month-old startup FPL Technologies raises $4.5M to improve credit card experience in India
On September 5, 2019Source: Asia – TechCrunchBy Manish SinghAn eight-month-old startup in India that wants to improve the user experience of credit card holders in the nation has received the backing of at least two major investors. Pune-based FPL Technologies said Thursday it has raised $4.5 million from Matrix Partners India, Sequoia Capital India and others in its maiden financing round. In an […]
India’s Milkbasket in talks to raise over $50M
On September 5, 2019Source: Asia – TechCrunchBy Manish SinghMilkbasket, a Gurugram-based micro-delivery startup, is in talks to close a new financing round as it looks to expand its footprint in the milk, grocery, fruit and vegetable delivery market that has attracted the attention of many in recent months, including Amazon India. The four-year-old startup is in advanced stages of talks with private equity […]
Amazon and Walmart’s Flipkart pledge to scrap single-use plastic packaging in India
On September 4, 2019Source: Asia – TechCrunchBy Manish SinghAmazon India and Walmart’s Flipkart, two of the largest e-commerce businesses in India, have pledged to curb the usage of single-use plastic in their packaging in the country as they move to help New Delhi fight its ongoing battle with environmental pollution. Amazon said on Wednesday it will replace all single-use plastic in its packaging […]
India’s Swiggy has a new service that will deliver just about anything
On September 4, 2019Source: Asia – TechCrunchBy Manish SinghSwiggy, one of the largest food delivery startups in India, has ambitions that move beyond getting chicken shawarma to you. The startup, which began delivering grocery and perishables from local stores earlier this year, today launched Swiggy Go, a service to enable consumers and businesses to instantly deliver laundry, forgotten keys, documents and just about […]
Elliptic banks $23M to shrink crypto risk, eyeing growth in Asia
On September 4, 2019Source: Asia – TechCrunchBy Natasha LomasCrypto means risk. To UK company Elliptic it also means business. The startup has just closed a $23M Series B to step up growth for a crypto risk-management play that involves selling tech and services to help others navigate the choppy darks of cryptocurrencies. The round was led by financial services and asset management firm […]
India’s mobile payments firm MobiKwik reaches rare key profit milestone
On September 3, 2019Source: Asia – TechCrunchBy Manish SinghIndian mobile payments firm MobiKwik has reached a milestone very few of its local rivals can even contemplate: not burning money. The 10-year-old Gurgaon-headquartered firm said Tuesday it is now generating a profit excluding interest, taxes, depreciation and amortization. “We have been in an ecosystem where we have seen a lot of high-growth and several […]
India’s Oyo acquires Copenhagen-based data science firm Danamica for $10M
On September 2, 2019Source: Asia – TechCrunchBy Manish SinghIndia’s Oyo said on Monday it has acquired Copenhagen-based data science firm Danamica as the fast-growing lodging startup works to expand its business in Europe. Neither of the parties disclosed financial terms of the deal, but a source familiar with the matter told TechCrunch that Oyo paid about $10 million to acquire the Danish firm. […]
India’s Vedantu raises $42M to expand its live and interactive online tutoring platform
On August 29, 2019Source: Asia – TechCrunchBy Manish SinghVedantu, a Bangalore-based startup that operates an online tutoring service, today announced it has raised $42 million as it races to expand its reach in the nation where tens of millions of students enter formal education and prepare for undergraduate-level competitive exams each year. The Series C financing round for the five-year-old startup was led […]
The Hong Kong Internet Service Providers Association warns that restricting online access would be ruinous for the region
On August 29, 2019Source: Asia – TechCrunchBy Catherine ShuAfter Hong Kong’s leader suggested she may invoke emergency powers that could potentially include limiting internet access, one of the city’s biggest industry groups warned that “any such restrictions, however slight originally, would start the end of the open Internet of Hong Kong.” While talking to reporters on Tuesday, Hong Kong Chief Executive Carrie Lam […]
India liberalizes foreign investment rules in a win for Apple
On August 28, 2019Source: Asia – TechCrunchBy Manish SinghIndia has further liberalized its foreign direct investment (FDI) rules for many sectors, opening new avenues for global investors and giants such as Apple as Asia’s third-largest economy attempts to jump-start its years-low economic growth. New Delhi said Wednesday evening that it is easing sourcing norms for single-brand retailers like Apple. As part of the […]
[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