Investments
India’s Progcap raises $40M from Creation Investments, Tiger Global and Google
Progcap, a pioneer in corporate-led financing solutions for small and mid-size businesses (SMBs) in India, said Tuesday it has raised $40 million in private equity capital at $600 million valuation as part of its Series C extension, taking the total Series C round to $70 million. The funding was led by Creation Investments and Tiger Global Management, with…
Indonesia’s Fresh Factory secures $4.5M seed funding led by East Ventures
Fresh Factory, an Indonesia-based integrated cold chain fulfillment and enabler startup,a cold chain fulfillment startup, announced Monday that it has secured $4.5 million of seed funding led by East Ventures. The round also saw the participation of PT. Saratoga Investama Sedaya TBK, Trihill Capital, Indogen Capital, Prasetia Dwidharma, Number Capital, Y…
Southeast Asian logistics firm Deliveree raises $70M led by Gobi Partners and SPIL Ventures
Southeast Asian logistics firm Deliveree announced Monday the closing of its $70 million Series C funding round led by Gobi Partners and SPIL Ventures with participation from existing investor Inspire Ventures. This brings its total funds raised to $109 million over the past five years.
Indonesia’s Populix raises $7.7M Series A funding led by Intudo Ventures and Acrew Capital
Populix, an Indonesia-based homegrown consumer insights platform, announced Monday the closing of a $7.7 million Series A round of financing, led by Intudo Ventures and Acrew Capital, with participation from Altos Ventures and Quest Ventures. With this round of financing, it will reinforce its efforts to digitize the entire data collection process.
RPG Commerce raises $29M in Series B funding round led by East Ventures
RPG Commerce, South East Asia’s leading Direct-To-Consumer (DTC) social e-commerce company, has secured US$29 million in a Series B funding round led by East Ventures, UOB Venture Management, Vertex Ventures SE Asia & India (VVSEAI), and RHL Ventures. VVSEAI previously led RPG Commerce’s Series A funding and has continued to invest in this current…
Vietnam’s Finhay raises $25M Series B co-led by Openspace Ventures and VIG
Finhay, Vietnam-based digital investment platform, said Wednesday it has secured a $25 million Series B round co-led by Openspace Ventures and VIG, along with Insignia, TVS, Headline, TNBAura and IVC.
Malaysia’s Naluri secures $7M pre-series B funding round led by Pruksa Group
Malaysian digital health service provider Naluri Pte Ltd (Naluri) announced Tuesday it has secured a $7 million pre-series B funding round led by Pruksa Group, Thailand’s leading real estate development group. The round is joined by Bertelsmann Investments from Germany and Striders Corporation from Japan and is supported by several returning investors,…
Hong Kong’s Babel Finance raises $80M Series B funding, valuation hits $2B
Babel Finance, a Hong Kong-based crypto financial service provider that provides digital asset loans, said Tuesday it has raised $80 million in a Series B funding round, and the investment increased the company's worth to $2 billion. Leading venture capital companies such as Circle Ventures, 10T Holdings, Jenerations Capital, BAI Capital and Bertelsmann,…
India’s ShareChat closes $520M round at $5 billion valuation
ShareChat (Mohalla Tech Pvt Ltd), India’s largest homegrown social media company, announced Thursday the closure of its multi-tranche funding round through which it raised a total of $520 million and reached $5 billion in valuation.
