Australia: HR startup Deputy closes $25m Series A; Queensland to disburse A$9m in grants to accelerators
By Shiwen Yap
HR startup Deputy has closed a $25 million Series A round and the Queensland state government is disbursing up to A$9 million in grants to four different startup accelerators.
Israeli AR startup Lumus has secured $6m from Chinese e-commerce major Alibaba Group.
Ezytruk is a cloud-based software as a service (SaaS) application working on a pay-per-use model for both the carriers and shippers.
The Philippine-based mature stage startup was awarded with $10,000, and was also invited for a co-creation engagement with Visa at its Innovation Center in Singapore.
Funds will be used to tap huge potential of user-generated content in India.
This marks the second acquisition by Little, after it acquired Trideal in 2015.
CoolBitX has raised S$280k on crowdfinance platform FundedHere, in a round led by Malaysia’s Midana Capital.
For Indian Internet startups, last year turned 2015 on its head
Promising teams will get up to $200,000 in follow-on funding.
Existing investors Kalaari Capital, SAIF Partners and Sequoia Capital are likely to participate.