By Ishita Russell
Leading Indian digital payments firm Paytm plans to invest Rs10,000 crore ($1.5 billion) over the next three years to boost its banking and financial services business, said a Press Trust of India report. “We will invest Rs10,000 crore in our banking and financial services in the next three years. We hope to… Read more »
The startup is backed by Peter Thiel’s Valar Ventures and Andreessen Horowitz
This marks the first merger in China’s co-working space sector.
Indonesia-based social network for stock market investors, Stockbit, announced Tuesday that it has raised a pre-Series A round of investment from 500 Startups and other existing backers, including Ideosource and Braavos Ventures. The funding, which is of an undisclosed sum, will be used for general business expansion. Stockbit has been… Read more »
East Ventures’ EV Hive will be connected with SGInnovate’s BASH.
ONGO is backed by Ronoc Asia.
CoAssets has acquired a stake in a Hong Kong firm as part of its growth strategy, while DeClout has opened a business incubator arm.
Matrix Partners has led a $14.5 m series A round in TianYi Research Institute to enter the commercial space venture. Meanwhile, Fortune Capital has joined a $14 million investment in Shadow Creator, a visual reality and augmented reality headset developer. Matrix leads $14.5 million series A in TianYi Research Institute… Read more »
HR tech startup Hoorah.io, led by former KPMG consulant Elisa Ang, has raised S$500k in angel funding
Wassup Laundry has acquired rival Doormint, while Samara Capital has bought out Sanjay Maintenance. Also, Aspire Home Finance is in talks to raise $77 million. Wassup Laundry acquires Doormint in equity swap deal On-demand laundry Wassup Laundry has acquired home laundry service startup Mumbai-based Doormint in an equity swap deal, according to a report… Read more »