VCNN

After raising US$1 million in their seed funding round, CloudCherry, an enterprise startup based in Chennai, India has raised to new heights as they recently closed their Series A funding with a six-fold increase of US$6 million. The funding was led by prominent venture capitals – Vertex Ventures and Cisco Investments plus existing investor IDG […]

Tuplejump, a Hyderabad-based startup with the vision to simplify data engineering recently became the third machine learning expertise acquired by Apple. Founded in 2013, Tuplejump was helping major companies to stock, process and visualize their data using its unique in-house software, with most operations from both India and United States. But what caught Apple’s eye […]

After the easy-bake oven, consumer electronics has advanced by leaps and bounds with the introduction of Rotimatic – the world’s first robot that bakes fresh homemade roti, a flatbread that makes up the staple food diet of the Indian culture. Entering into this new age of cooking, this idea formed and expanded when Pranoti Nagarkar […]

Singapore’s ambition to be a ‘Smart Nation’ is moving forward as MarvelStone, an Asian private investment group has announced on Tuesday that it will open the world’s largest fintech hub in Singapore next November. The facility will be known as Lattice80, spanning over 30,000 square feet and to be located in Singapore’s Central Business District, […]

Providing a personal companion for parents on the route to child-rearing, mobile app, Parentlane has received additional funding from the co-founder of Cloudnine Hospitals, Rohit MA.

FountainVest Partners announces the successful completion of its third fund (FountainVest China Capital) with a total capital commitment of $2.1 Billion (U.S.). Due to the oversubscription, the fund attracted exceptional support from current investors along with new institutional investors which included insurance companies, sovereign wealth funds, and pension plans from Europe, the Middle East, North […]

Uber, a non-traditional asset, has just seen the investment of RM124mil by KWAP, Kuala Lumpur’s second largest pension fund. Following in the footsteps of Khazanah Nasional’s investment in tech start-ups seems to be the fuel behind Retirement Fund, Inc. (KWAP) investment of $30 million (U.S.) into the modern car-hailing Uber app. The recent round of […]

SMRT, alongside Cyclect Electrical of JV SMRT Corporation have established a joint venture company in conjunction with Cyclect Electrical Engineering. Cyclect Electrical Engineering is a Singapore-based business which serves the industrial plant building industry including offshore, marine, transport and logistic segments of the industry. The newly formed joint venture, known as SMRT-Cyclect Power, will establish […]