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Kenyan taskforce calls for state to regulate AI and blockchain

Kenyan taskforce calls for state to regulate AI and blockchain

  A Kenyan task team has called for the country’s government to invest in blockchain and artificial intelligence (AI) infrastructure and skills — and to...
Kenya’s Asilimia has built a digital payments ecosystem for SMEs

Kenya’s Asilimia has built a digital payments ecosystem for SMEs

  Kenyan fintech startup Asilimia is helping small businesses more easily access various payments mechanisms through a digital ecosystem. Founded in 2017, Asilimia aims to empower...
Gurgaon based Healthcare services aggregator Plunes raises $120,000 (Rs 83 lakh) angel funding, led by Samuel Kurian and Srinivas Sridharan

Gurgaon based Healthcare services aggregator Plunes raises $120,000 (Rs 83 lakh)...

  Plunes Technologies Pvt. Ltd, which provides medical solutions by aggregating doctors and healthcare service providers, has raised $120,000 (about Rs 83 lakh at current...
Bengaluru-based on-demand fuel delivery service platform MyPetrolPump raises $1.62 million from Venture Highway and Y Combinator

Bengaluru-based on-demand fuel delivery service platform MyPetrolPump raises $1.62 million from...

  Bengaluru-based on-demand fuel delivery service platform MyPetrolPump has raised $1.62 million as a part of its seed funding round led by Venture Highway Capital,...
Mumbai-based cloud kitchen startup Rebel Foods raises $125M from Goldman Sachs, Go-Jek, others

Mumbai-based cloud kitchen startup Rebel Foods raises $125M from Goldman Sachs,...

  Mumbai-based cloud kitchen startup Rebel Foods, which operates the Faasos brand, has raised $125 million in the ongoing Series D round from Coatue Management,...
Gurgaon based automobile classified platform CarDekho has raised Rs 132.95 crore($19.3Mn) as part of Series C funding led by SC GG India Mobility Holdings LLC

Gurgaon based automobile classified platform CarDekho has raised Rs 132.95 crore($19.3Mn)...

  Ratan Tata-backed automobile classified platform CarDekho has raised an investment of Rs 132.95 crore as part of its Series C round led by Cayman...
PayU Invests $7 Mn Into Its Gurgaon based Consumer Lending Entity LazyPay

PayU Invests $7 Mn Into Its Gurgaon based Consumer Lending Entity...

  Nasper-owned Digital payments company, PayU has invested INR 50 Cr (about $7 Mn) in its lending business PayU Finance, which goes by the brand...
On-demand logistics platform Smatbeba launches in Nairobi

Airtel-Telkom Merger will leave over 500 Kenyan people jobless

  The planned merger between Airtel and Telkom Kenya is taking shape with Telkom announcing a plan to send home most of its employees to...
On-demand logistics platform Smatbeba launches in Nairobi

Ride-hailing startup Gozem to launch a digital wallet, delivery services next...

  The co-founder of ride-hailing startup Gozem — which operates in West Africa’s Benin and Togo — has revealed that his startup plans to launch...
On-demand logistics platform Smatbeba launches in Nairobi

On-demand logistics platform Smatbeba launches in Nairobi

  Kenyan startup Smatbeba is rolling out its on-demand logistics solution, which links cargo owners with delivery drivers via mobile apps. Founded in July last year...
PBOC boosts financing for small firms

PBOC boosts financing for small firms

  China's central bank has lifted its re-lending quota by 50 billion yuan ($7.25 billion) to boost financial support for small and private businesses and...
IDC: With Aliyun, Tencent Cloud, and KSyun ranking the top 3, China has become the second largest public cloud market in the world.

IDC: With Aliyun, Tencent Cloud, and KSyun ranking the top 3,...

  According to the "2019 Q1 China public cloud service market tracking report" released by the market research institute IDC, 2019 Q1 public cloud IaaS...