SoftBank has invested $250 million in Ola Electric, an electric vehicle (EV) company that spun out from Indian ride-hailing platform Ola earlier this year. The new investment reportedly brings Ola Electric’s valuation to over $1 billion.
SoftBank’s investment makes the Japanese communications giant Ola Electric’s largest shareholder with a stake of about 22%, according to regulatory filings cited by Indian media outlets. Additional...
WayCool Foods receives $32 million in funding to support an expansion of its agricultural technology proposition that removes middlemen - and boosts efficiency - in food supply chains
Recognizing strong demand trends for electric vehicle batteries, KKR turned around KCF Technologies within two years before exiting the Korean business with a 6.5x return
Anthony Kerwick, a managing director at Australia’s Adamantem Capital, on the coronavirus impact, helping capital constrained companies, and why he avoids using the term ‘proprietary’
Singapore-based Asia Partners has led a $35 million round for Hong Kong online education start-up Snapask. It coincides with the company’s relocation to Singapore.