Investments
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.
Indonesia’s Desty bags funding in Square Peg led round
Desty, an Indonesia-based startup building a full stack e-commerce solution for merchants, announced Thursday it has raised a new round of funding led by Square Peg. This is in addition to funds raised from a Pan Asia investor base last year, including East Ventures, Jungle Ventures and 5Y Capital and other prominent angel investors in the region.
Singapore’s GIC backs French sustainability rating firm EcoVadis in $500M funding round
EcoVadis, the French provider of globally trusted business sustainability ratings, said Tuesday it has raised $500 million with plans to accelerate its vision of influencing every business decision with sustainability intelligence, becoming a sustainability impact unicorn. The round brings EcoVadis’ total capital raised to over $725 million and was led by…
