India-based FinTech startup RevFin has raised US$13 million in its pre Series A funding round led by Northern Arc, LiquiLoans, and UK charity Shell Foundation among others. RevFin that offers electric vehicle (EV) financing digital platform plans to use the fresh funding to expand into new geographies for financing three-wheelers and make a foray into ... Read more ›
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WEBUY, a social ecommerce startup based in Singapore, Malaysia, and Indonesia, has acquired Chilibeli, Indonesia’s largest community group buying platform, for an undisclosed amount. Chilibeli, like WEBUY, uses a social group buy model that optimizes the supply chain for cost savings to buyers and generates income for group leaders. The company’s strong global supply chain ... Read more ›
0
Superapp GoTo has filed to raise at least IDR15.2 trillion, or about $1.1 billion, in an initial public offering (IPO) on the Indonesia Stock Exchange, according to a press release Tuesday. GoTo was created by merging two of Indonesia’s tech giants – ride-hailing firm GoJek and e-commerce player Tokopedia, creating a superapp combining e-commerce, transportation ... Read more ›
0
Shenzhen-based 3D user-generated content platform, XVERSE has raised US$120 million funding in its Series A and A+ round led by Sequoia Capital China along with participation from new investors Temasek Holdings and CPE. The funding round was also joined by existing investors 5Y Capital, Gaorong Capital, and GL Ventures. Gaorong Capital also led XVERSE’s Series ... Read more ›
0
Live video infrastructure startup, 100ms has raised US$20 million in its Series A funding round led by Alpha Wave Incubation (AWI). AWI is a venture fund backed by ADQ’s venture platform, DisruptAD and is managed by Alpha Wave Global. The funding round was joined by LocalGlobe and Matrix Partners India along with existing investors Strive.vc ... Read more ›
0
Singapore-based Web3 infrastructure startup EthSign has secured US$12 million in a seed funding round led by all three units of Sequoia VC- Sequoia Capital, Sequoia Capital India, and Sequoia Capital China. This is the first time that all three units of Sequoia have invested together in a funding round in general, and not just in ... Read more ›
0
Singapore-based EdTech firm Cialfo has further raised US$20 million in its Series B extension round led by the US-based investment firm Tiger Global. This funding follows after January’s fundraise of US$40 million from Square Peg and SEEK Investments. It brings the total funding raised to US$77 million including the initial US$15 million in Series A ... Read more ›
0
ARIA, an Indonesian agritech startup, has raised a pre-Seed funding from GK Plug and Play Indonesia, with participation of East Ventures and agriculture and logistics market leaders Triputra Group, WareSix, and Sahabat Group. ARIA is an agritech firm with a purpose to increase efficiency, productivity, and crop output via drones and IoT solutions, while providing ... Read more ›
0
Regional insurtech firm Igloo announced that it has raised $19 million in Series B funding led by Cathay Innovation, a global venture capital firm, with participation from ACA and other existing investors including Openspace. This brings Igloo’s total fundraising to over $36 million. With its Series B raise, Igloo plans to drive product innovation cementing ... Read more ›
0
India-based banking tech platform Zeta has secured US$30 million funding as a part of strategic investment from Mastercard and other investors, taking the company’s valuation to US$1.5 billion. The funding is in continuation of the US$240 million fundraise that Zeta secured in May 2021 from SoftBank Vision Fund 2. The funding valued company at US$1.45 ... Read more ›
0
Indian AgriTech starup Otipy has recently raised US$32 million in Series B funding round led by WestBridge Capital along with participation from existing investors SIG and Omidyar Network India. Otipy that offers a community group buying platform for daily essentials and fresh produce will be using the fresh funding to expand to new regions in ... Read more ›
0
Singapore-based voice artificial intelligence startup AI Rudder announced raising $50 million Series B funding, bringing its total funding in the last 12 months to $60 million. New investors Tiger Global, Coatue, Cathay Innovation, First Plus and VenturesLab participated and were joined by previous investors Sequoia Capital India and Huashan Capital. AI Rudder, founded in 2019, ... Read more ›
0
“A sound mind in a sound body is a secret to success,” is what the CEO of Korean health tech startup Viktor Jung found out when he started working out regularly. However, he found it challenging to keep track of his workout plans manually and wished for an efficient app. It led Viktor to build ... Read more ›
0
NCS today announced its acquisition of Australia’s largest privately-owned IT services company, The Dialog Group (Dialog), to better support the Australian public sector and enterprise clients in addressing their rising digital transformation needs. The acquisition of Dialog for A$325 million ($241 million) is geared to unlock new growth opportunities in the Australian market and accelerate ... Read more ›
0
Transport Capital, a globally-recognised investment management and advisory firm focused on the maritime and aviation industries, has launched its new venture capital arm named TC Ventures. Based in Singapore, TC Ventures will focus on startups offering compelling solutions for transportation’s two mega challenges: decarbonisation and digitalisation. TC Ventures not only provides capital but makes a ... Read more ›
0
Indian audio OTT startup Pocket FM has raised US$65 million in its Series C round led by Naver, Goodwater Capital, along with participation from existing investor Tanglin Venture Partners. The online audio platform will be using the fresh funding to strengthen its leadership position, expand into new languages, invest in AI capabilities, and build the ... Read more ›
2
Vietnam-based OpenCommerce Group (OCG) has secured US$7 million in Series A funding round led by Vietnamese unicorn VNG along with participation from Vietnamese venture capital firm Do Ventures. OpenCommerce Group that offers merchants a barrier-free and automated cross-border ecommerce platform will be using the fresh funding proceeds for product improvements and global expansion. “Besides Europe ... Read more ›
0
Australia-based startup Language Confidence announced a $1.5 million (A$2.05 million) Seed round to automate the teaching and testing of spoken English. The capital raise was led by Wavemaker Partners, one of Southeast Asia’s leading early-stage venture capital firms, with participation from Investible, a leading Australian early-stage investment group. The funding will enable the company to ... Read more ›
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ScaleUp Malaysia, an accelerator that focuses exclusively on growth-stage companies in Malaysia, in partnership with Quest Ventures, Indelible Ventures, and Mranti signalled the culmination of its third cohort with the unveiling of its selection of top startups. The cohort which kicked off in August 2021 drew over 200 applications from 26 countries including Malaysia, the ... Read more ›
0
India-based student loan FinTech startup Kuhoo has raised US$20 million in Seed Funding from WestBridge Capital. The startup will be using the fresh funding to transform the student loan FinTech sector. Kuhoo aims to provide online loans to students aspiring to study in universities both in India and abroad. It is also the first student ... Read more ›
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Most popular sources
Business Insider
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27% 1 |
Tech Wire Asia
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26% 19 |
CNET
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8% 2 |
Eurogamer.net
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5% 1 |
Android Authority
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5% 0 |
| View sources » | |
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28.11.2024 17:43
Last update: 17:35 EDT.
News rating updated: 00:31.
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