Self-drive car rental start-up Zoomcar has raised an undisclosed amount from Chinese venture capital firm Cyber Carrier CL as an extension of its Series B round, the company said in a statement on December 20. The company had raised $24 million in August in a Series B funding round led by Ford Sm…
Tag: Jessica Wong
Chinese investors bullish about Indian start-ups; jointly provide $50 mn of funding
A dozen Chinese investors offered at a technology summit on September 25 to jointly provide funding of about $50 million (Rs 334 crore) for Indian start-ups. The investors include a Cyber Carrier, a Hong Kong-based Chinese internet enterprise that has set up a $30 million initiative fund in Janua…
China funds scout for desi mobile startups
Several Chinese investment funds and mobile tech companies are betting big on early-stage Indian mobile startups. Some 15 of them are currently on a trip to India, organized by China-based venture capital management organization OnionFans, with the objective of identifying opportunities for inves…