The startup ecosystem in SE Asia and India has been witnessing active acquisition activities in the past six months as market corrections and cheaper valuations have created targets that are primed for a takeover. Some notable recent deals include the acquisition of online card payments startup CardUp by Funding Societies, which is better known as… Continue reading The weak economy has spurred a flurry of tech acquisitions in SE Asia, IndiaThe bear market has made companies with sound fundamentals attractive targ…
Category: Automotive
Family office investments become source of new capital for Indian startups
High net worth individuals (HNIs) and their family offices in India are increasingly parking their wealth in the country’s burgeoning startup ecosystem, hoping to make windfall gains in the years to come. Flexiloans, a Mumbai-headquartered digital lending platform catering to MSMEs, recently made headlines when it secured $90 million in funding from the family office… Continue reading Family office investments become source of new capital for Indian startups
Global PE firm KKR raises $1.16b for third tech growth fund
Global private equity powerhouse KKR has so far secured $1.16 billion for its third technology growth fund, per a filing with the US Securities and Exchange Commission. KKR Next Generation Technology Growth Fund III (NGT III) has raised the capital from 66 investors, the filing showed, without indicating a target corpus for the fund. Go… Continue reading Global PE firm KKR raises $1.16b for third tech growth fund
Sequoia Capital in the market to raise four new China VC funds
Sequoia Capital, one of the world’s top venture capital firms, has submitted four new filings with the US Securities and Exchange Commission (SEC) that will increase its exposure to China. The filings did not specify the target amount for the four new vehicles, which include two funds for more mature private firms, a seed fund… Continue reading Sequoia Capital in the market to raise four new China VC funds
Evergrande canvassing creditors’ support against winding-up petition
China Evergrande Group is reaching out to its offshore creditors for their support to fight a lawsuit in a Hong Kong court aimed at liquidating the embattled property developer, according to a person with direct knowledge of the matter. Evergrande, which is deemed to be in default on its nearly $23 billion of offshore debt and is… Continue reading Evergrande canvassing creditors’ support against winding-up petition
Tatas confirm half-a-million PV sales target for FY23
Tata Motors plans to sell 50,000 electric vehicles in fiscal 2023 and double that figure in fiscal 2024, said N Chandrasekaran, Chairman of Tata Motors at the 77th Annual General Meeting (AGM). He also confirmed that the company’s passenger vehicle (PV) sales target for the current fiscal is 500,000 units. Autocar Professional broke this story in its issue… Continue reading Tatas confirm half-a-million PV sales target for FY23
India’s Tata Motors wants to sell 50,000 EVs by end of fiscal year
Mumbai-based automaker Tata Motors wants to sell 50,000 electric vehicles by the end of the fiscal year ending March 31, the company’s chairperson Natarajan Chandrasekaran said during a shareholders’ meeting on Monday. In the 2023/24 period, Tata — which produces passenger cars, trucks, vans, coaches, buses, luxury cars, and construction equipment — aims to hit… Continue reading India’s Tata Motors wants to sell 50,000 EVs by end of fiscal year
Сервис Petal Maps превращает навигацию в реалистичный опыт с эффектом присутствия
Во время навигации индикация полосы движения и увеличенная карта перекрестков способствуют безопасному вождению. Дорожные условия точно отображаются благодаря огромному количеству вводных данных и детальной визуализации. Сегодня сервис Petal Maps предлагает новые функции, такие как световые эффекты в «темном режиме», трехмерные изображения достопримечательностей и другие возможности с использованием таких сложных технологий, как мелкозернистая визуализация. Сервис Petal… Continue reading Сервис Petal Maps превращает навигацию в реалистичный опыт с эффектом присутствия
Petal Maps fait de la navigation une expérience immersive et réaliste
Pendant la navigation, les dispositifs de guidage sur la voie et l’affichage agrandi des intersections facilitent une conduite sûre. L’état des routes est indiqué avec précision en raison de la myriade de données saisies et du rendu détaillé. Désormais, Petal Maps offre de nouvelles fonctionnalités telles que des effets d’éclairage en mode sombre, des points… Continue reading Petal Maps fait de la navigation une expérience immersive et réaliste
Le 2022 GAC Tech Day apporte une nouvelle vague de technologie
Le groupe GAC a présenté le système d’exploitation Psi, son système d’exploitation normalisé, développé de manière indépendante, à l’échelle du véhicule, dans tous les domaines et basé sur l’architecture électrique et électronique X-SOUL. Le système améliore efficacement la compatibilité logicielle des systèmes informatiques des véhicules en unifiant son interface et ses composants principaux. Un nouvel… Continue reading Le 2022 GAC Tech Day apporte une nouvelle vague de technologie