Investments
Indonesia’s DANA closes latest investment from Sinar Mas and Lazada Group
DANA, a digital wallet-based financial technology company in Indonesia, announced Wednesday the close of the latest investment from Indonesian conglomerate Sinar Mas and leading e-Commerce company Lazada Group.
India’s upGrad closes investment round of $210M
UpGrad, an India-based higher EdTech major has on Monday announced a fresh round of $210 million fundraise from marquee investors and family offices who join the company cap-table. This round has witnessed participation from ETS Global, Bodhi Tree , Singapore's Kaizen Management Advisors Pvt. Ltd, Family office of Bharti Airtel, Narotam Sekhsaria Family…
India’s Bizongo gets $25M working capital facility from Liquidity Group’s Mars Growth Capital
India-based business to business (B2B) trade enablement giant Bizongo announced Wednesday it has secured a $25 million working capital facility from Liquidity Group’s Mars Growth Capital. With the working capital facility Bizongo will enable businesses across South East Asia to cater to the unprecedented demand.
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…
