Asia
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Trends
SoftBank-backed Indian startup Oyo to cut 5,000 jobs globally
Oyo said on Wednesday it is laying off 5,000 people from its global workforce as the Indian budget hotel startup…
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Trends
Alipay owner Ant Financial takes minority stake in Klarna
Some big moves in the payments platform space: Ant Financial Group, the owner of China’s Alipay payment platform has announced…
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Trends
India lifts ban on cryptocurrency trading
India’s Supreme Court on Wednesday overturned central bank’s two-year-old ban on cryptocurrency trading in the country in what many said was…
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STARTUPS
Dear Sophie: I live in India and run a startup
Today we bring you another edition of “Dear Sophie,” an advice column that answers immigration-related questions about working at technology…
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Finance
Leap Finance raises $5.5M to democratize financing for foreign-bound Indian students
Tens of thousands of Indians move to the United States to pursue higher education each year. But like many others…
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STARTUPS
iPrice, a platform for comparison shopping in Southeast Asia, raises $10 million Series B
iPrice Group, which helps comparison shoppers in Southeast Asia by pulling together prices from different e-commerce platforms, has closed a…
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STARTUPS
Indian research firm Convergence Catalyst is ready for its second act
A 9-year-old is smashing the shuttle far and wide, and frantically pacing back and forth on the court in Bangalore,…
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Trends
Tractable claims $25M to sell damage-assessing AIs to more insurance giants
London-based insurtech AI startup Tractable, which is applying artificial intelligence to speed up accident and disaster recovery by using computer…
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