Internet giant Tencent in advanced talks to invest $100 million in Dream11
If successful, this will be the second major deal closed by Tencent in Asia’s third-largest economy over the last two months, after it agreed to lead a $115-million investment in music streaming service Gaana in February.
Ola gears up for the Australian market
The ride-hailing platform launches Down Under with special offers for riders and drivers. To be a thir...
Tencent looks for early-stage startup bets, likely to invest $5-15 million
Tencent will continue to place large strategic bets on mature Indi...
PolicyBazaar parent scouting for a buy in reinsurance space
Two persons aware of the development said that the company has earmarked about Rs 500 crore to finance buyouts and other strategic initiatives, and has zeroed in on the reinsurance space.
Alteria Capital makes first close of maiden fund at Rs 356 crore
The fund counts institutional investors such as IndusInd Bank and a large family office foundation as anchor investors.
Tencent leads in Gaana’s $115 million funding round
Tencent is the majority shareholder in Tencent Music Entertainment, China’s largest music streaming business, and also operates JOOX, a leading music streaming platform in Southeast Asia.
Ola, Flipkart making sure they are not beholden to a single investor. Here's why
Seasoned entrepreneurs and industry watchers say it is crucial to have two strategic investors, with each balancing the influence and reach of the other.
Former GE Capital India CEO Ashish Sharma is InnoVen's new country head
The appointment comes about three months after Ajay Hattangdi and Vinod Murali put in their papers in June, and set up their own venture debt firm, Alteria Capital
Tencent in talks with CarDekho owner to lead $40 million investment
CarDekho currently clocks an annual loan rate of $35 million for its used car financing business even as it sells over 2,500 monthly policies on the insurance side of the business.
Why there could soon be a big change in the India strategy of SoftBank, Alibaba and Tencent
E-commerce behemoth Alibaba Group and Tencent are strategic investors of Chinese origin that have set up shop in the country, and are working closely with their portfolio companies.
China's Tencent backs education technology startup Byju's
Byju’s also recently acquired edtech companies TutorVista and Edurite from UK-based publishing major Pearson.
Ex-startup bosses tuning up peers' dream engines
The advantages of such a move for these former founders and CEOs are many — there’s less risk than setting up their own ventures.
Cloud telephony platform Exotel partners with Zendesk
With this partnership, Zendesk will include Exotel's voice platform as part of its customer support offerings in the region.
Paytm invests in health tech platform QorQl
The consumer-facing interface of the Artificial Intelligence and big data-driven platform lets patients save their health data, track it through a wearable and schedule doctor appointments.
Cautious deal-making back with mega Flipkart funding
Entrepreneurs and investors bedeviled by growth pangs and lack of sufficient capital in recent months have good reason to be circumspect.
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