The new funding round may lift Ola Electric’s valuation to as much as US$3.5 billion, TechCrunch reported, citing sources. Go to Source
Author: Tech In Asia Online News
Ex-Grab, Uber, Microsoft execs’ F&B startup lands $6.5m in Sequoia co-led round
Momos is working with food and beverage firms across Southeast Asia, including The Lo & Behold Group, Flash Coffee, Guzman y Gomez, and Wolf Burgers. Go to Source
Former Grab, ComfortDelGro execs launch Singapore’s first car subscription platform
Carzuno offers customers full-time use of a car of their choice on a monthly subscription basis. Go to Source
SoftBank, others set to pour $350m into Indian used-car marketplace
The round could value Cars24 at close to US$2 billion, Bloomberg reported, citing sources. Go to Source
The key numbers driving PolicyBazaar’s IPO plans
PolicyBazaar’s numbers are fueling its IPO ambitions, and AirAsia punches a ticket for food delivery Go to Source
Gojek rolls out ride-hailing service for four-wheelers in Vietnam
GoCar will only be initially available for frontline healthcare workers in Ho Chi Minh City. Go to Source
SoftBank co-leads Chinese self-driving vehicle firm’s series B round
To date, Neolix has deployed and delivered nearly 1,000 autonomous vehicles in nine countries and over 30 cities worldwide. Go to Source
Indian automotive solutions platform nets $50m in funding
MyTVS is working on a super app to bring services like diagnostics, roadside assistance, and insurance under single roof. Go to Source
Yamaha, Spotify India CEO join Indian bike taxi startup’s $52m round
With the fresh funding, Rapido has raised a total of US$80 million to date. Go to Source
AI cloud software firm raises $4.2m seed money from Nexus Venture, Battery Ventures
By next year, Neuron7.ai plans to expand its Bengaluru team from five to 20 employees. Go to Source