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First Coffee Unicorn of China: Luckin Coffee Raises US$200 million to take on Starbucks

The Chinese startup Luckin Coffee had raised a US$200 million GIC-backed round which raised its valuation to US$1 billion.

India is heading for a record-breaking year with IPO counts

India’s stock markets have had a very busy year so far. According to EY India IPO Readiness Survey Report, India exchanges has internationally scaled the highest IPO activity in terms of number of deals accounting for 16 percent of the total issues in the first half of this year from January to June. In terms […]

Is the Chinese tech IPO wave just a hype?

They said, 2018 will be the blockbuster year for Chinese tech unicorns to enter the capital market.

Food Tech Startup Swiggy joins unicorn club, raises US$210 million from DST Global, Naspers

Food delivery continues to dominate the flow of big capital and investors in India’s startup ecosystem with Swiggy being the latest to enter the unicorn league. The food delivery startup has successfully raised US$210 million in its latest round of funding from Russian billionaire Yuri Milner’s DST Global and existing backer Naspers. DST Global is […]

From dot-com to apps, startups are changing the way we do things

Once upon a time, there was the dot-com boom where just adding that one punctuation and three letters can send stock prices up, on average 74 percent. It’s not an exaggeration. In January 1999, a company that had yet to turn a profit or does any business called MIS International adopted a new name – […]
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