Investments

India’s Zepto raises $200M Series D led by Y Combinator Continuity

Just nine months after launching, Indian quick commerce firm Zepto has announced its $200 million Series D fundraise, valuing the company at around $900 million. Y Combinator Continuity doubled down and led Zepto’s Series D, with new investor Kaiser Permanente joining in to back the company.

Indian smart interviewing platform BarRaiser secures $4.2M in seed funding round

BarRaiser, an India-based artificial intelligence (AI)-powered smart interviewing platform, announced Monday that it has raised $4.2 million in seed financing. The seed funding round was led by 021 Capital and Global Founders Capital, with participation from other angel investors.

India’s Geniemode lands $28M Series B funding led by Tiger Global

Geniemode, an India-based business to business (B2B) cross-border tech platform for lifestyle goods, said Friday it has scooped up $28 million Series B funding led by Tiger Global. Existing investor Info Edge Ventures, also doubled down in the round.

Vietnam’s Trusting Social raises $65M Series C round from Sherpa

Vietnamese FinTech firm Trusting Social announced Thursday an investment of $65 million in the group from The Sherpa Company Limited (Sherpa), a subsidiary of Masan Group Corporation, for the initial close of its Series C round. It also announced a strategic collaboration between Trusting Social and Masan intends to develop an artificial intelligence…

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Singapore Finbots.AI raises $3M from Accel in Series A round

Finbots.AI, a Singapore-based FinTech firm, announced Thursday it has raised $3 million in a Series A round from Accel. The funds will be used towards accelerating product enhancement, marketing and sales, and customer support besides recruiting of senior talent and team expansion across its offices.

Vietnamese electric motorbike startup Dat Bike raises $5.3M in Series A led by Jungle Ventures

Dat Bike, a Vietnamese electric motorbike startup, announced Thursday a $5.3 million Series A fundraise led by Jungle Ventures with participation from existing investor Wavemaker Partners, bringing the total fundraise by the company since inception to $10 million.

US-based MassMutual Ventures announces new $300M fund for Europe & APAC

United States-based MassMutual Ventures (MMV) announced Wednesday that its Asia-Pacific (APAC) and Europe team has launched a new fund of $300 million to invest in early and growth-stage companies in digital health, financial technology, enterprise software as a service (SaaS), and cybersecurity.

Singapore’s healthtech startup Biofourmis turns unicorn after raising $300 million Series D investment

Biofourmis, a global leader in virtual care and digital medicine, announced Tuesday it has surpassed unicorn status with a $300 million Series D investment led by leading global growth equity firm General Atlantic. CVS Health and existing investors also participated in the round, which will help fuel the company's next phase of growth.