The app, backed by Weibo, now has 5 million active users each day. And it's now a unicorn.
Rising income and a big population make India a hot market for automobiles. Many well-funded startups are in the fray to bring this market online.
Go-Jek founder Nadiem Makarim has been hush-hush about the funding around town in Jakarta. Today, Sequoia publicly showcases the startup in its portfolio.
Sequoia Capital, Tiger Global, and Accel Partners lead the pack. Make a guess who the others are before you dive into the article to find out.
Sequoia India is also an investor in Craftsvilla.
The startup partners with local grocery stores to take their inventory online, and helps customer in the locality order from those stores.
Rather than make it a standalone app that people would have to download, they created the Laiye concierge as a brand account inside the WeChat messaging app.
China’s biggest meal delivery startup, Ele.me (which means “Are you hungry?”), today revealed that it has secured US$630 million in series F funding.
The Singapore-based venture capital firm will use the new fund for seed and series A investments in consumer-facing internet and mobile startups.
NewsHunt, an app for newspapers and ebooks, will now show online shopping recommendations to users.
The Bangalore-based startup processes 1,500 orders a day and plans to take the service across India.
ZoomCar offers a hyper local service that allows users to find and rent a vehicle in their vicinity.
BankBazaar sells financial products like insurance policies, loans, and credit cards.
Competitor Ola also entered the space with food delivery and is reportedly planning to start delivering groceries as well.
China is still a country where people prefer to pay up-front – often with wads of cash. But that's not stopping startups from offering loans and microloans.
Goodservice, a Delhi-based concierge app, raised US$1.6 million in seed funding from Sequoia Capital, the company announced today. Founded in 2014, Goodservice ...
Voonik is a personal shopping assistant that suggests clothes, accessories, and footwear based on user’s body, skin tone, lifestyle, and budget.
The startup launched the app four months ago and receives 100,000 interactions per day.
The four-year-old startup claims to have two million products across categories like clothing, handicrafts, jewellery, and art from 12,000 artisans and will use...
The two-year-old e-store has a database of over 100,000 medicines. It is currently operational in Delhi NCR, Bangalore, and Bhubaneswar and is looking to rapidl...