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Indonesia’s eFishery Unicorn Allegedly Faked Most of Its Sales – Report
A preliminary, ongoing probe into the agritech startup estimates that management inflated revenue by almost $600 million in the nine months.
- Categories
- Agriculture
- Region
- South Asia
- Tags
- startups
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SaaS Startup TreZix Bags $2 Million To Streamline Import And Export Solutions
The Surat-based startup plans to expand its sales and marketing operations across India while eyeing entry into the US market.
- Categories
- Technology
- Region
- Asia Pacific
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Riceberg Ventures Launches $20 Million Fund to Support DeepTech Startups in India
The fund plans to invest in 25-30 startups globally, with an average ticket size of USD 0.5 million per investment.
- Categories
- Technology
- Region
- Asia Pacific
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South African SAAS Startup TACo Raises $1.6 Million to Power AI Sustainability Platform
The company’s impact-driven approach has garnered support from investors who align with its vision of driving measurable benefits for people, the planet, and profit.
- Categories
- Environment, Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- climate change, data, innovation, startups
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Africa’s Startups Need Patient Capital: Could the African Diaspora Help Provide it?
African startup funding amounts to a tiny fraction of global venture capital (VC), and these investments are often concentrated on sectors like fintech and e-commerce. As a result, as Kristin H. Wilson at Innovate Africa Fund argues, African founders often lack the capital and incentive to tackle the continent’s biggest development challenges. She proposes a new approach to funding innovative African-made solutions to these issues — one that leverages the capital and entrepreneurial expertise of the African diaspora.
- Categories
- Health Care, Investing
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Microsoft Announces US $3 Billion Investment Over Two Years in India Cloud and AI Infrastructure to Accelerate Adoption of AI, Skilling and Innovation
Microsoft shared a comprehensive plan to train and skill 10 million people by 2030, reinforcing its commitment to partnering with India on its journey to become an AI-first nation.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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Superfone, an All-In-One Business Phone and CRM App for SMBs, Raises $1.9 Million in India
This investment aims to fuel Superfone's mission of transforming how small and medium-sized businesses (SMBs) manage communication and operations.
- Categories
- Technology, Telecommunications
- Region
- Asia Pacific
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Southeast Asia Has $60 Billion AI Boom, But Its Own Startups Are Missing Out
Little investment is flowing to the region’s startups that have artificial intelligence at their core.
- Categories
- Technology
- Region
- Asia Pacific
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