Indian drug and medical services startup PharmEasy has withdrawn the draft red herring prospectus (DRHP) it filed for its initial public offering (IPO) while Koye Pharmaceuticals has hired investment bank o3 Capital for a fresh fundraise. PharmEasy recalls draft IPO papers Indian drug and medical services startup PharmEasy has withdrawn the draft red herring prospectus… Continue reading India Digest: PharmEasy withdraws IPO plans, Koye Pharma hires banker for fresh fundraisePharmEasy is now planning to raise funds from existing shareh…
Tag: Strategy
SEA Digest: Temasek’s ABC Impact adopts Impact Principles; Vietnam’s On Group acquires TopShipTemasek has become a signatory to the IFC’s Impact Princ…
ABC Impact, a Singapore-headquartered Asia-focused private equity firm, has officially adopted the Operating Principles for Impact Management while Vietnam–based social commerce startup On Group has acquired TopShip, an aggregation platform for fulfillment and delivery for an undisclosed sum. Temasek’s ABC Impact adopts Impact Principles ABC Impact, a Singapore-headquartered Asia-focused private equity firm, has officially adopted… Continue reading SEA Digest: Temasek’s ABC Impact adopts Impact Principles; Vietnam’s On Group acquires TopShipTemasek has become a signatory to the IFC’s Impact Princ…
How repairable batteries make life easier for EV owners
One thing not talked about much in the roll-out of EVs generally is what happens if a high-voltage battery fails before its time. Actually, it’s no mystery, and from the word go it’s been possible to fix a battery by swapping out a faulty module for a new one. The fact is, though, that even… Continue reading How repairable batteries make life easier for EV owners
@VW Group: Mastering the Nordschleife with hydrogen005575
18/08/2022 In a study, Porsche Engineering has examined the potential of hydrogen combustion engines. The result is a high-performance powertrain with emissions at the same level as ambient air. Different powertrain solutions, including hybrid systems, electric drives and efficient combustion engines are currently all being developed in parallel for use in future vehicles. Hydrogen represents… Continue reading @VW Group: Mastering the Nordschleife with hydrogen005575
Netflix’s ad-supported tier might not play commercials during new movies
Netflix’s forthcoming ad-supported tier could include programming without commercials. According to Bloomberg, the company doesn’t plan to run ads during original movies, at least when they first premiere on the platform. In doing so, Netflix reportedly hopes to keep its service appealing to high-profile filmmakers who may find the idea of commercials interrupting their stories… Continue reading Netflix’s ad-supported tier might not play commercials during new movies
Global VC firm Cherubic closes Fund V at $110m to invest in the US & AsiaTo date, Cherubic has a global network of over 150 portfolio companies.
Cherubic Ventures, a venture capital (VC) firm with operations in Silicon Valley and Greater China, has held the final closing of its fifth fund at $110 million to bring the firm’s total committed capital under management to over $400 million. Fund V will continue Cherubic’s investment approach of looking to become the first investor behind… Continue reading Global VC firm Cherubic closes Fund V at $110m to invest in the US & AsiaTo date, Cherubic has a global network of over 150 portfolio companies.
Chinese automakers set sights on German market
The Wey iNest version 2.0 concept car by Great Wall Motors is displayed at the Munich Auto Show in Germany, September 2021. [Photo/Agencies] Chinese carmakers are expected to make forays into Germany, where the car was invented, later this year, leveraging their competitive edge in new energy vehicle models. Great Wall Motors said last week… Continue reading Chinese automakers set sights on German market
@VW Group: Mastering the Nordschleife with hydrogen005564
18/08/2022 In a study, Porsche Engineering has examined the potential of hydrogen combustion engines. The result is a high-performance powertrain with emissions at the same level as ambient air. Different powertrain solutions, including hybrid systems, electric drives and efficient combustion engines are currently all being developed in parallel for use in future vehicles. Hydrogen represents… Continue reading @VW Group: Mastering the Nordschleife with hydrogen005564
Snap Kills Off Pixy, Its Flying Selfie Drone
Ding dong, the drone is dead. Pixy, Snap’s petite flying selfie camera, is no more. Technically you can still buy one, but The Wall Street Journal reported this week that the device is done for. Snap CEO Evan Spiegel has told employees that the company would soon stop making the $230 gizmo. Snap will instead… Continue reading Snap Kills Off Pixy, Its Flying Selfie Drone
Lucid debuts its performance EV brand with the $249,000 Air Sapphire
Are you considering a Lucid Air, but worried you might not outrun a Model S Plaid in a drag race? That might not be a problem if you have a large-enough bank account. Lucid has introduced a Sapphire badge devoted to “ultra-high-performance” EVs. The first model in the line, the Lucid Air Sapphire, promises to… Continue reading Lucid debuts its performance EV brand with the $249,000 Air Sapphire