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China Venture Roundup Volume 30 covers China’s investment activity from March 29 – April 2, 2021.

As per industry body Nasscom, which tracks tech startup ecosystem in India, there were over 2,100 deep tech startups till mid last year.

This is Tiger Global’s third investment this week, the other two being a USD 200 million round in credit card payment company Cred and USD 83 million in wealth tech startup Groww.

Stripe’s services will initially be provided to businesses that had registered interest in its UAE launch.

TikTok is currently hiring for various roles related to e-commerce in Indonesia and Singapore.

Following robust growth in international markets, Jet Commerce aims to double its revenue this year.

The current round of funding has valued the company at a little over a billion dollar, about three times more than its previous valuation seven months ago, thus catapulting it into the unicorn club.

Company touts improved safety and performance in move to expand battery business.

Seven years ago, friends and family tried to dissuade Jean Liu from joining Didi. Since then, her imprint has come to define Didi’s strategy and global presence.

Chinese startups Xingsheng Youxuan and Nice Tuan are raising funds to compete with the likes of Meituan, Pinduoduo, and Didi.