Delhi-based agritech startup Gramophone has raised pre-Series A funding of $1million from InfoEdge. This is the company’s second round of funding. With this round of funding the team aims to increase its reach to a million farmers in the next six to 12 months, and build … Continue reading →

Japanese financial services group Orix bought a 6.4 billion yen ($59.8 million) stake in Wecash, a Chinese startup that uses big data and artificial intelligence to rate consumer credit. Wecash can calculate a consumer's creditworthiness in 10 seconds or less using phone records and other … Continue reading →

AstraZeneca Plc is spinning off a company to develop drugs for immune disorders with as much as $250 million from a group of investors. The new company, called Viela Bio, will get six experimental drugs from Cambridge, England-based Astra, including a treatment in mid-stage testing for a … Continue reading →

A “sex essentials” startup just got half a million in funding, thanks to a women-led VC fund XFactor. XFactor is a pre-seed and seed stage VC fund looking to invest in female-led companies. XFactor is unique in that its own investment team is comprised exclusively of women–and they happen … Continue reading →

Chinese internet giant Tencent holdings is is pushing deeper into the Indian technology market, with a sizable investment in New Delhi-based music streaming service Gaana, a person familiar with the matter said.   Gaana is a music streaming service that was started by Times Media, … Continue reading →