• STARTUPS
    Uber backers push for Didi Chuxing deal in China

    Uber and Didi Chuxing are bleeding cash in China as they fight for dominance in the world’s most populous country. Photo: Reuters New York/San Francisco/Hong Kong: Uber Technologies Inc.’s investors have a message for the management: It’s time to wrap up the costly fight in China. Several institutional investors are pushing the ride-hailing company to […]

  • STARTUPS
    Start-ups, venture capital backers turn to investment banks for deals

    Investors pumped in more than $9 billion into start-ups over the past two years. Photo: Priyanka Parashar/Mint Bengaluru/New Delhi: Weak business models and a funding slowdown are forcing many Indian consumer Internet start-ups and their venture capital (VC) backers to seek help from investment bankers in order to secure fresh funds from new investors or […]