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SoftBank leads USD200 mn investment in Indian online grocer Grofers

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 Insights

15-May-19 Indian online grocery delivery start-up Grofers has secured USD200 mn from investors led by SoftBank’s Vision Fund, in the USD100 bn investment vehicle’s latest bet on India's technology sector. Grofers claims to have achieved annual revenue of USD400 mn. [image: Reuters / Issei Kato / File Photo]

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China’s game makers face a shapeshifting boss

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24-Apr-19 After a freeze on video-game approvals in 2018, Chinese officials have issued new guidelines that point to fewer titles and blander content. Fewer than 800 were approved in the first quarter to Mar-19, down from nearly 2,000 in 2018. [image: Getty Images / Towfiqu Photography / Zawya]

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Gulf banking consolidation 'long overdue'

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 Insights

22-Apr-19 The wave of M&A in GCC financial services is needed to raise efficiencies and build the scale required to increase investments in financial technology, as payment solutions are increasingly enabled by fintech, according to Rishi Kapoor, co-CEO of Investcorp. [image: ADCB / Handout via Thomson Reuters Zawya]

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