apps
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STARTUPS
WeChat restricts controversial video face-swapping app Zao, citing “security risks”
Zao went viral in China this weekend for its realistic face-swapping videos, but after controversy about its user policy, WeChat…
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Trends
India’s Vedantu raises $42M to expand its live and interactive online tutoring platform
Vedantu, an India-based startup that operates an online tutoring service, today announced it has raised $42 million as it races…
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STARTUPS
Grab promises to invest $500 million into Vietnam
Ride-hailing company Grab is going to focus some of its efforts on Vietnam with a $500 million investment over the…
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Trends
RedDoorz raises $70M to expand its budget hotel network in Southeast Asia
Singapore-based budget hotel booking startup RedDoorz is tiny in comparison to fast-growing giant Oyo. But it is holding its ground…
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Trends
YC-backed Lokal wants to bring local news, classifieds to 900 million Indians in their regional languages
Each month millions of Indians are coming online for the first time, making India the last great growth market for…
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Finance
WeChat Pay and Alipay partner QFPay raises $20 million to develop new digital payment solutions
Digital payments startup QFPay announced today that it has raised $20 million in new funding led by returning investors Sequoia…
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