Investments
India’s River rasies $11M Series A funding led by Lowercarbon Capital
River, an India-based startup that builds electric two-wheelers, announced on Tuesday an $11 million Series A fundraise led by Chris Sacca’s Lowercarbon Capital in participation with Toyota Ventures and existing investors Maniv Mobility and Trucks VC, bringing the total funding to $13 million.
Singapore’s Evo raises $600,000 seed funding led by East Ventures
Singaporean direct-to-consumer (DTC) startup Evo announced Wednesday the completion of its $600,000 seed funding round led by East Ventures. The round also saw participation from notable angel investors Aaron Tan from Carro, Joel Leong from ShopBack, Mohandass from Spenmo, and Jonathan Tan from Prism+.
India’s WebEngage raises $20 million Series B funding led by Singularity Growth Opportunities Fund and SWC Global
WebEngage, an India-based full stack retention operating system and business to business (B2B) software as a service (SaaS) startups, announced Tuesday that it raised $20 million in Series B led by Singularity Growth Opportunities Fund and SWC Global. The round also saw participation from existing investors India Quotient, Blume Ventures and IAN Fund,
Singapore’s ST Engineering Ventures invests $3.13 million in United Kingdom’s Skyports
Skyports, the United Kingdom-based advanced air mobility (AAM) vertiport infrastructure and drone services provider, said Tuesday it has completed the final close of its Series B capital raise with fresh investment of $3.13 million from ST Engineering through its Corporate Venture Capital unit, ST Engineering Ventures.
Indonesia’s GREENS secures pre- seed funding led by East Ventures
GREENS, an Indonesia-based integrated food technology startup, announced Tuesday that it has secured an undisclosed amount of pre-seed funding led by East Ventures, with participation from the other investors.
Pakistan’s DealCart secures $4.5M funding led by Shorooq Partners
Pakistan-based social commerce platform DealCart announced Thursday that it has raised a $4.5 million pre-seed funding round led by Shorooq Partners. The round also saw participation from Fatima Gobi Ventures, Vibe Capital, 500 Global, i2i Ventures, Julian Shapiro, Rally Cap Ventures, Alex Lazarow, and several strategic angel investors.
Philippines Packworks raises $2M seed round led by Fast Group and CVC Capital Partners
Philippines technology startup Packworks said Thursday it has raised $2 million seed round to launch mobile enterprise resource planning (ERP) platform for 150,000+ Sari-Sari store-partners in the Philippines. The seed round is led by leading end-to-end logistics group Fast Group and global private equity firm CVC Capital Partners, with participation from…
Indonesia’s IDEAL locks in $3.8M funding co-led by AC Ventures and Alpha JWC
Indonesia-based digital mortgage platform IDEAL announced Wednesday that it has raised a $3.8 million pre-seed funding round co-led by AC Ventures and Alpha JWC. The startup will use the capital injection to focus on product development, hiring, and expanding its offerings.
Malaysia’s TNG eWallet raises $168M funding led by Lazada
Touch ‘n Go Group announced Monday that TNG Digital Sdn Bhd (TNGD), the owner and operator of Touch ‘n Go eWallet, Malaysia’s largest eWallet company, has raised MYR750 million ($168.39 million) from its latest round of equity funding. This funding round was led by a new investment in TNG Digital by Lazada Group and a follow-on investment by TNG Digital’s…
Singapore’s CrediLinq raises $2.6M co-led by 1982 Ventures and White Venture Capital
CrediLinq, a Singapore-based artificial intelligence (AI) and machine-learning credit underwriting firm, has raised $2.6 million funding co-led by 1982 Ventures and White Venture Capital. The round was further supported by 500 Global, Sequoia Sprouts, Arkana Ventures, GK Plug and Play Indonesia, Sketchnote Partners, Boleh Ventures and EPIC Angels.
