NewsUber Eats sold its India business to local competitor Zomato for USD 206 million (Update)Zomato-Uber Eats will collectively have 52% market share in India. 5 mins read
After 15 years of being in India, Temasek operates a USD 11 billion portfolio in the country. NewsTemasek might participate in a USD 100 million round for Indian health tech startup Cure.fit2 mins read
PharmEasy is now valued at USD 700 million and tops India’s online pharmacy market NewsTemasek drafts India’s highest funding in an e-pharmacy startup at USD 220 million3 mins read
Other sectors to look out for are fintech, edtech and healthcare tech Q&AE-commerce and ride-hailing are the fastest growing sectors in Southeast Asia and Indonesia, says Google Indonesia head5 mins read
InnoVen’s Southeast Asia CEO Chin Chao said Vietnam is a crucial market for them. NewsVenture debt firm InnoVen Capital closes two maiden funds in Vietnam2 mins read
Fintech deal volumes in India surpassed China for the first time in the second quarter of 2019. NewsIndia sees record investment in tech startups despite economic headwinds2 mins read
Ola was last in the news one week ago for raising US$50 million from Chinese investors Sailing Capital and China-Eurasian Economic Cooperation Fund with the deal valuing the firm at US$4.3 billion. NewsIndian ride-hailer Ola in talks with Naspers, Temasek for fresh capital2 mins read
Southeast Asian ride-hailing duopoly will encounter an uphill battle in the Philippines. InsightsDigital payments key to Go-Jek’s Philippine expansion4 mins read
Planning to launch in Singapore in less than 2 weeks, ClassPass adds funds from its Series C lead investor Temasek. NewsClassPass scores $85m in Series D round led by Temasek2 mins read