Indian court lifts ban on TikTok in India

An Indian state court has reversed its ban on TikTok, allowing the short video app to return to both Apple and Google’s app stores, according to a report this morning from Reuters. Earlier this month, India’s Ministry of Electronics and Information Technology had ordered TikTok be removed from app stores, after a High Court in […]

India’s Mfine raises $17.2M for its digital healthcare service

Mfine, an India-based startup aiming to broaden access to doctors and healthcare using the internet, has pulled in a $17.2 million Series B funding round for growth. The company is led by four co-founders from Myntra, the fashion commerce startup acquired by Flipkart in 2014. They include CEO Prasad Kompalli and Ashutosh Lawania who started […]

India’s ZestMoney raises $20M to grow its digital lending service

Fintech is very much still hot in Asia. ZestMoney, a startup that helps consumers with no credit history get loans to buy online, announced today it has raised a $20 million Series B. The round is led by Quona Capital, a stealthy Washington-based fund that invests in emerging market fintech and has an office in […]

Sri Lanka blocks social media sites after deadly explosions

The government of Sri Lanka has temporarily blocked access to several social media services following deadly explosions that ripped through the country, killing at least 207 people and injuring hundreds more. Eight bombings were reported, including during Easter services at three churches, on the holiest weekend of the Christian calendar. In a brief statement, the […]

Sequoia reveals first cohort for its ‘Surge’ accelerator program in India and Southeast Asia

Back in January, Sequoia India announced plans for its first early-stage startup accelerator program in India and Southeast Asia, and today the firm announced its first cohort of 17 startups. To recap, the program — which is called Surge — gives each startup a $1.5 million check and participation in a four-month program that’s split […]