13 PH startups to compete in six global competitions

Posted by & filed under Startup Asia

Thirteen Philippine startups – in sectors like agriculture, education, information technology, healthcare, and clean energy – are set to compete in a series of global competitions this year. They were chosen as national winners during the Startup Summit Philippines competition in Manila, organized by the Young Entrepreneurs Society Philippines (YES Philippines) , from… Read more »

China is bankrolling the boom in startup fundraising

Posted by & filed under Venture Capital

State-backed funds and enterprises are championing some of the biggest private investment rounds, tapping into China’s buoyant Internet sector for better returns. That includes backing the record $4.5 billion raised by Alibaba Group Holding Ltd.’s finance affiliate on Tuesday. China’s governments are armed with about $339 billion, the biggest pot of money for startups in the world.

Twitter revenue triples in India on online ad surge

Posted by & filed under Technology

Microblogging website Twitter Inc. revenue from India almost tripled in the last fiscal as online advertising has become more popular with businesses. Twitter Communications India Pvt. Ltd, the Indian unit of Twitter, said that its revenue rose to Rs.13.26 crore ($2 million) for the year ended 31 March from Rs.4.17 crore… Read more »