VC Daily: Norwest Amasses Mega Growth Fund; China’s VC Boom Ends; WeWork’s Losses Widen; Turning Milk Into Plants

To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.has raised $150 million in new funding, joining a number of other business software startups to raise large funding rounds in a strong year for enterprise exits.

Japan’s Economic Growth Falls Sharply as Exports Slow

Business|Japan’s Economic Growth Falls Sharply as Exports SlowThe results threatened a fragile streak of expansion that has defied global turbulence.ETTOKYO — Japan’s growth slowed to a crawl in the three months that ended in September, as a weakening global economy and trade conflicts threatened its fragile streak of economic expansion.

Seeing strong lending biz growth, MobiKwik targets Rs 1500 cr disbursement this fiscal

The company has already disbursed over one lakh "digital loans" in September this year.Digital payments company MobiKwik has witnessed strong growth in its lending business and aims to disburse loans worth Rs 1,500 crore in FY2020 through its platform.

India's air traffic growth has 'slowed significantly' in 2019, was 1.6 per cent in Sept: IATA

6 per cent year-on-year, from 4.5 per cent observed in August," said a press release of the International Air Transport Association (IATA).

Government wants ecommerce companies to make kiranas part of their growth story

“There were usual discussions about investments but the government is keen that Amazon does more for the unorganised retailers,” said one person.The DPIIT email was sent on November 4 to Walmartowned Flipkart, Amazon, Snapdeal, Zomato, Swiggy and Big Basket among others in this regard.

Alibaba Offers a Positive Signal Amid China’s Sagging Growth

Business|Alibaba Offers a Positive Signal Amid China’s Sagging GrowthRising sales and profitability suggest the country’s growing middle class still feels inclined to spend despite the trade war and other problems.The company reported positive sales despite China’s slowing growth.

Agribusiness: Harvesting Growth In Stormy Weather


Cheaper mobile data is fuelling growth of etailers in non-metros

In fact, this festive season is proving to be great for off-the-radar e-commerce companies.Comeback kid Snapdeal has witnessed 52% growth in demand this Diwali, driven largely by shoppers from non-metros.

Loan growth remains tepid even after loan melas, reveals RBI data

Aggregate loans disbursed by the commercial banks in the country rose Rs 21,645 crore during the fortnight ended October 11, to Rs 97.4 per cent same period a year ago.

Amazon’s Profit Falls Sharply as Company Buys Growth

On Thursday, the company reported quarterly sales that exceeded analysts’ forecasts, but less profit than they expected.For its retail business, that means spending to ship items to customers in just one day, an expensive proposition that the company said had already kicked up more sales.

VC Daily: Lightspeed Staffs Up in Europe and Growth; 3-D Printing Comes to Shoes; Policing the Dark Web

To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.While 3-D printing hasn’t resulted in big wins for many venture investors, DSM Venturing, the corporate venture arm of Royal DSM, belives Voxel8 is on the verge of breaking out with its work for athletic footwear manufacturers.

Schlumberger’s Overseas Segments Drive Revenue Growth


richard carson/Reuters

Oil-field-services company

Schlumberger Ltd.32%

reported a surprising increase in revenue for the latest quarter, driven by growth in markets outside North America.

Rural FMCG growth drops to 5%, below urban first time in 7 years

In a year’s time, the rural FMCG growth rate has gone down to a quarter of what it was in Q3 of 2018, and for the first time in seven years, rural growth has dipped below that of urban, said Sunil Khiani, head (retail measurement service), Nielsen South Asia.The overall FMCG growth has come down to 7.

U.S. Policy Shifts Create Global Economic Disruption, Growth


Lamborghini expects 30% growth driven by non-metros

Almost a quarter of Lamborghini’s sales come from cities other than key metropolitan areas.02 PM ISTBCCLLamborghini expects to close 2019 with sales of about 60 units, up from 45 last year.

Philips eyes over 50% growth in India audio biz next year

Last year, Taiwan-based TPV Technology had received the rights for Philips' TV range as well as audio products for the Indian market that includes aspects like manufacturing, marketing and sales.11 PM ISTNEW DELHI: Consumer electronics major Philips on Friday said it expects to see its audio business in India grow by over 50 per cent next year as it expands its portfolio and brings in more 'Made for India' products.

Chinese growth shot’s some years away for pharma companies

For most other Indian pharmaceutical companies venturing into China, the market is restricted to the licensing of speciality products, with monetisation being two to three years away.According to a July report by Bank of America Merrill Lynch, Indian drug companies are seeking partners that can make tangible business contributions,safeguard intellectual property, ensure operational control and manage talent.

slowdown: Moody’s cuts India’s FY20 growth forecast to 5.8%

The central bank had last week cut the country’s growth forecast for FY20 to 6.1% from 6.

Domino’s Growth Story Is Getting Stale

8, 2019 4:14 pm ET

Domino’s Pizza

DPZ 4.The world’s largest pizza chain reported quarterly sales of $821 million, same-store sales growth of 2.

Domino’s Growth Story is Getting Stale

Puskar/Associated Press

Domino’s Pizza

DPZ 4.The world’s largest pizza chain reported sales of $821 million, same-store sales growth of 2.