Browsing: Mobility

British self-driving technology startup Wayve expands into Asian market with new centre in Japan to develop AI-powered driving software

Yulu, a Bengaluru-based shared mobility services firm, is in talks to raise $75-80 million in funding, capitalizing on the quick commerce growth.

South Korean gaming major KRAFTON’s India arm has selected six game studios for its second cohort of incubation program, offering up to $150,000 in grants to each studio.

Ola’s AI subsidiary Krutrim has denied media reports claiming it is planning to raise $300 million in funding, stating it is well-funded by its promoter and select investors.

Cainiao, Alibaba’s logistics arm, has inaugurated its largest AI-powered sorting center in Vietnam, designed to significantly boost e-commerce efficiency.

Startup accelerator Change Engine plans to invest $5 million in early-stage Indian AI startups over the next five years.

NeuralGarage becomes the first Indian startup to win the SXSW Pitch competition with its innovative VisualDub technology.

The recent acquisition of cybersecurity startup Wiz for $32 billion marks a significant development, signaling a resurgence in tech startup acquisitions and potentially reflecting positive sentiment regarding current antitrust policies.

A recent report highlights a surge in funding for Indian tech startups, positioning the country as a global leader in attracting investment.

Qiming Venture Partners, an early investor in tech giants like Meituan and Xiaomi Corp., plans to raise approximately $800 million to capitalize on the growing interest in Chinese AI startups.