Sequoia Capital India

Temasek-backed Zilingo is said to suspend CEO amid probe – report

The concerns center on the way that Zilingo accounted for transactions and revenue across a platform spanning thousands of small merchants, the report said.

India health & wellness startup Mosaic Wellness raises $24M in Series A led by Sequoia Capital India

Mosaic was founded in 2020 with the vision of delivering consumer-centric, vertically integrated, and affordable digital healthcare platforms, which led to the birth of Manmatters in May 2020 and Bodywise in May 2021, which are focused on curated services and products for Men’s health and Women’s Health respectively.

Sequoia-backed Incomlend launches $60M invoice financing program for ESG-focused SMEs

Incomlend connects SMEs globally with communities of investors, enabling them to finance individual invoices on an exchange platform. Since 2016, Incomlend has financed over $500 million in trades across 50 countries.

Singapore B2B transactions platform Tinvio secures $12M Series A to launch new financial services

With its Series A fund, the startup that began with giving B2B users a streamlined platform to communicate and consolidate orders will now delve further into fintech and plans to launch additional financial services, such as financing and credit card issuing.

StashAway secures $25M Series D led by Sequoia Capital India to accelerate growth and regional expansion

StashAway plans to double down on investment offerings and buy back a maximum of $3 million in stock options from its employees. It also plans to launch in Thailand within the next few months, according to CEO Michele Ferrario.

Fintech, Finances, Coins, Money, Banking

Indonesian AI investment advisor app Bibit secures $30M in Series A round

Robo-advisor mutual fund investment app Bibit raised $30 million in a Series A led by Sequoia Capital India. The funding round was also participated by previous investors EV Growth, AC Ventures, East Ventures, and the global early-stage venture fund 500 Startups.

With over $1.3b, Sequoia has two new funds for region

Aimed at Southeast Asia and India.

Kopi Kenangan, coffee

Indonesia’s Starbucks rival Kopi Kenangan brews up $109m funding to build empire

With over 300 stores already, it’s planning expansion to three countries after the pandemic.