Scaling platform for growth-stage startups xto10x Technologies has raised US$25 million in its Series A financing round led by Flipkart’s co-founder Binny Bansal. The round also saw participation from 28 founders and senior leaders from the startup ecosystem in India and Southeast Asia. xto10x will be using the funding to ramp up its three core ... Read more ›
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Tonik Financial Pte Ltd, the parent company of Tonik Digital Bank in the Philippines has raised US$131 million in its Series B funding round led by Mizuho Bank, which is one of the largest Japanese banking groups. The funding round was also joined by new investors including Sixteenth Street Capital, Prosus Ventures, and Indonesian family ... Read more ›
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South Korean startup 42Maru Inc.’s Founder and CEO, D.K. Donghwan KIM, wanted to find ‘Answers’ to all the questions in the world. So, he took inspiration from his favorite science fiction book ‘The Hitchhiker’s Guide to Galaxy’ and in 2015 founded the deep-semantic QA (Question-Answering) platform, which understands a user’s real intention in a question ... Read more ›
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Virtual events platform Airmeet has secured US$35 million in funding in its Series B financing round led by Prosus Ventures, Sequoia Capital India, and Sistema Asia Fund. The funding round was also joined by KDDI Open Innovation Fund, RingCentral Ventures, DG Daiwa Ventures and Nexxus Global alongside existing investor Accel India. Airmeet, which is an ... Read more ›
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India-based B2B and ecommerce logistics startup ElasticRun operated by Ntex Transportation Services Pvt. Ltd. has secured US$300 million in its Series E funding round led by Japan’s SoftBank Group. The financing round was also joined by Goldman Sachs and existing investor Prosus Ventures. With the latest funding round, ElasticRun has attained a valuation of about ... Read more ›
2
Peddlr, a Philippines-based inventory and business financial management firm, has raised $4.3 million in seed funding to help micro and small businesses in the Southeast Asian country become digital and improve their financial literacy. Patamar Capital and Crestone Venture Capital lead the fresh investment round. Existing investors Foxmont Capital Partners and Kaya Founders, as well ... Read more ›
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Singapore and India-based interior design startup Livspace has raised US$180 million in its Series F funding round led by KKR &Co, becoming the fifth unicorn of 2022. The funding round was also joined by existing investors such as Jungle Ventures, Venturi Partners, Ingka Group Investment, and Peugeot Investment. With the fresh infusion of funds, Livspace ... Read more ›
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Vietnam-focused retail investing app, Infina has raised US$6 million in its seed funding round led by Sequoia Capital India’s Surge, Alpha JWC, Y Combinator, Saison Capital, Startling Ventures, and App Works. According to the company, additional investors who earlier backed Coinbase, Robinhood, and similar offerings in other markets also participated in the funding round. Launched ... Read more ›
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South Korean startup 42Maru Inc.’s Founder and CEO, D.K. Donghwan KIM, wanted to find ‘Answers’ to all the questions in the world. So, he took inspiration from his favorite science fiction book ‘The Hitchhiker’s Guide to Galaxy’ and in 2015 founded the deep-semantic QA (Question-Answering) platform, which understands a user’s real intention in a question ... Read more ›
0
Jakarta-based peer-to-peer(P2P) lending platform Julo has raised US$60 million in its Series B financing round from Japanese financial services firm Credit Saison. According to Julo’s filings with Singapore Accounting and Corporate Regulatory Authority (ACRA), Credit Saison invested US$30 million in the startup’s B2 shares, and was issued options to acquire another US$30 million in series ... Read more ›
2
India-based micro gold savings app Jar has raised US$32 million in its Series A funding round led by Tiger Global. The funding round was also joined by new investors Third Prime, Rocketship.vc, and Force Ventures along with existing investors WEH Ventures and Akram Ventures. Angel investors including Suleman Ali of Ali Capital, Klarna founder Victor ... Read more ›
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SatSure, an Indian business that is at the convergence of spacetech, artificial intelligence (AI), and software as a service (SaaS), has raised $5 million in a round led by Baring Private Equity India Pvt. Ltd, joining ADB Ventures as investor. Flowstate VC, Force Ventures, IndigoEdge Advisors, Toch.ai, Nishchay Goel, and Saikiran Krishnamurthy also participated in ... Read more ›
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Bananas, an Indonesian rapid commerce startup, has raised $1 million in seed funding that will fuel its goal of speeding up the grocery delivery in Indonesia. The funding round was led East Ventures and backed SMDV, ARISE, MDI Ventures, and a few angel investors. Bananas was also selected into the prestigious YCombinator Winter 2022 cohort, ... Read more ›
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China-based startup Beijing Hongsong Online Technology that operates social networking platform for the elderly ‘Hongsong’ has raised US$100 million in funding in its Series A+ round led by Bertelsmann Asia Investments. The funding round was joined by its existing investors CCV, Matrix Partners China, and BlueRun Ventures. The latest funding comes at the backdrop of ... Read more ›
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Indonesia-based social commerce platform Grupin has secured US$3 million in a funding round led by Sequoia Capital India’s Surge, a scale-up programme for startups by the firm. The funding round also saw participation from East Ventures, an Indonesia-focused venture capital firm and Skystar Capital. “With the proliferation of e-commerce, especially since the start of the ... Read more ›
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Astro, an Indonesian on-demand rapid e-commerce platform for groceries and other everyday necessities, has raised $27 million in Series A funding from Accel Partners and Sequoia Capital India. AC Ventures, Global Founders Capital, Lightspeed Venture Partners, and Goodwater Capital have also participated in the funding round. The round also received support from founders and senior ... Read more ›
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Enterprise-focused subscription management platform Chargebee has raised US$250 million in a funding round led by Sequoia Capital and Tiger Global. The funding has taken the SaaS startup’s valuation at US$3.5 billion. The company’s existing investors Sapphire, Insight partners, and Steadview Capital also participated in the funding round. Chargebee’s valuation has become more than doubled in ... Read more ›
3
India-based B2B logistics firm Loadshare has raised US$40 million in a Series C funding round led by New York-based investment firm Tiger Global. The funding round also saw participation from new investors 57 Stars and Filter Capital and return backers Matrix Partners India and CDC Group, along with a few prominent family offices. The latest ... Read more ›
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South Korea’s gaming giant Krafton has invested US$5.4 million in India-based mobile game development studio Nautilus Mobile. This marks Krafton’s debut investment in an Indian game development studio. “With Nautilus, we have the aspiration of building India’s best gaming studio,” said Rajan Navani, CEO at JetSynthesys and chairman of Nautilus Mobile. He added, “Krafton’s investment ... Read more ›
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Digisafe is India’s local insurance broker that sells insurance specifically in the rural regions of the country. The startup employs an on-ground workforce to offer insurance products, premium collection, and claim services. Insurance is often the last thing in mind for most of the rural populace when it comes to investment. Only 3 percent out ... Read more ›
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Most popular sources
Business Insider
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34% 6 |
Tech Wire Asia
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19% 6 |
CNET
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8% 1 |
Tom's Hardware
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5% 1 |
Android Authority
|
5% 1 |
| View sources » | |
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28.11.2024 21:52
Last update: 21:46 EDT.
News rating updated: 04:40.
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