Last fortnight, GoJek acquired Indonesia’s mobile payments startup Moka for $120MM, paving the way to becoming the leading digital payments player in Indonesia.
Last fortnight, finance minister Ms. Nirmala Sitharaman claimed that millenials using Uber and Ola are the reason for the slowdown of the auto economy, resulting in many supporters and many memes.
Last week, homegrown electric scooter startup Ather Energy raised $51MM in to help transform last mile transportation.
Last week, scooter rental company Bounce raised $3MM in debt, taking its total fundraising to $25MM, hot on the heels of Ola's $100MM capital deployment into Bounce's competitor Vogo.
Last week, Ola raised $100MM from Flipkart co-founder Sachin Bansal as part of its $1Bn raise for expanding into new verticals and geographies.
A potential $150 MM investment into electric scooter sharer Bird is expected to make the company a unicorn, only the latest in the spate of investments into the bike sharing space.
While Facebook's data privacy scandal continues to dominate headlines, recent events shift focus on the other big question - how much can we "trust" machines?