By Tim Culpan
Ofo Bicycles Co. may have raised around $1 billion in its latest funding round, which included Alibaba.
A positive-looking macroeconomic environment and the promise of an online retail market have attracted a new set of investors.
The success of this divestment appears to be unpredictable because the price is 73 per cent higher than that suggested by advisors for the deal – besides, it has has raised questions as to who would buy such a huge amount of shares.
Blume Ventures’ Sanjay Nath and Rohan Paranjpey share insights from their trip to the US as part of their association with the Draper Venture Network.
“Lack of liquidity is what’s creating that volatility that has everybody concerned about bitcoin,” Currie said.
As many as eight firms, including Temasek’s Innoven, now criss-cross a market that until recently barely existed.
The survey drew participation from 180 listed Chinese firms, representing a market capitalization of $2.41trillion
Investing in Southeast Asia is a completely different ballgame, says Harnal. Most entrepreneurs are first-time founders with no experience running startups.
Over the last seven years, impact investors have put $5.2 billion to work across 485 deals.
The $200 billion e-commerce market Morgan Stanley is forecasting for India by 2027 just got a new contender—with a very different plan.