Investments

Retailo has raised $36 million in its Series A investment round which was a mix of equity and venture debt. The round was led by Graphene Ventures and is joined by leading investors that include 500 Global, Agility, Aujan, Tech Invest Com and Mentor’s Fund. The venture debt was raised from Nahda Fund. Additionally, Shorooq Partners, Abercross Holdings,…

Ayoconnect has closed a $15 million series B financing round led by Tiger Global. The round was joined by PayU, the payments and fintech business of Prosus, and Alto Partners, as well as individual strategic investors, including Plaid Co-Founder William Hockey and Jerry Ng, President Commissioner of Bank Jago, It will use the funds to satisfy increasing…

Cialfo has on Thursday announced it has secured $40 million in funding as part of a Series B round, led by global investment firm Square Peg, and Australian-headquartered SEEK Investments. It also saw existing investors, including SIG Global, Vulcan Capital, DLF Venture, January Capital, and Lim Teck Lee, double-down on earlier investments.

Checkbox has raised AU$6.3 million ($4.5 million) in pre-Series A funding to accelerate local and international expansion, including the appointment of personnel for key regions and the launch of a product-assisted growth model. The round is led by Sequoia India’s rapid scale-up program, Surge, and Australia’s Tidal Ventures. Checkbox will use the funding…

Singapore venture capital (VC) fund Blockchain Founders Fund (BFF) announced Thursday the principal close of its $75 million BFF II. Some of the notable investors participating in BFF II include NEO Global Capital (NGC), Appworks, Sebastien Borget COO of The Sandbox, GSR, LD Capital, Metavest Capital, TechMeetsTrader, Zipmex, Baksh Capital, Octava, Aria…

Gajiku announced Thursday the completion of a $1.1 million seed round of financing led by AC Ventures, with participation from Agung Ventures, Monk’s Hill Ventures, Sampoerna, as well as several influential Indonesian entrepreneurs and angel investors. With this round of financing, Gajiku plans to focus on product development to roll out new services and…

The round also saw participation from existing investors Prosus Ventures, AC Ventures, East Ventures (Growth Fund), Indogen Capital, SMDV and SIG Venture Capital. This brings the total Series A funding raised to $65 million.

Inteluck has raised $15 million in a Series B fundraising round led by Creo Capital. East Ventures and Headline Asia are among the investors in this round,

KKR and GrowSari announced Wednesday the signing of definitive agreements under which KKR will invest $45 million to lead GrowSari’s Series C funding round. KKR’s investment in GrowSari will support the company’s expansion into more regions across the Philippines and strengthen its financial services capabilities,

Flint has raised a $5.1 million seed round led by Sequoia Capital India and GFC. Coinbase Ventures, Hashed, IOSG, Better Capital and MSA Capital also participated in the round as part of 11 institutional investors. Over 60 angel investors across the globe also participated in this funding round.