While the Series A equity funding was led by Edelweiss Private Equity, the debt funding came from financiers such as as Mahindra & Mahindra Financial Services and car leasing partner LeasePlan India.
By Nguyen Thi Bich Ngoc
Vietnamese P2P lending startup Tima has closed a US dollar 7-figure series A funding from a Singapore fund to accelerate service growth in the local market, a senior executive of the company told this portal.
Startups Muhurtmaza, Neurosynaptic Comm, Azuro have raised funds. Muhurtmaza raises seed funding from US-based investor Online puja booking service Muhurtmaza has raised seed funding of an undisclosed amount from an US-based high networth investor, according to a report in The Economic Times. The Pune-based startup plans to use the fresh round… Read more »
OnlineTyari, through its multilingual app and website, allows people to prepare for job-oriented tests including civil services, banking services, UPSC, GATE and state government jobs.
While HR software startup Darwinbox has raised seed funding from Mohandas Pai’s 3one4 Capital and others, video discovery platform PressPlay TV received investments from Sequoia Capital, SD Ventures and Vistaar Investment Advisors Pvt. Ltd. Darwinbox raises seed funding from Mohandas Pai’s 3one4 Capital, others Human resources SaaS startup, Darwinbox , has raised an undisclosed… Read more »
360 Haoyao, an online pharmacy market place by Qihoo 360 Technology Co Ltd has secured RMB100 million ($15.2 million) in its series A round of funding from SB China Capital (SBCVC), Lilly Asia Ventures and others, according to a report by China Money Network quoting Chinese media. Launched in October 2015,… Read more »
Seed to series A investor IMJ Investment Partners, who has already made one venture funding in a Ho Chi Minh City-based startup, IMJ is sourcing for more opportunities in Vietnam.
Hyperlocal logistics startup Roadrunnr and food-ordering platform TinyOwl are merging in an all-stock deal, while logistics management startup Locus has raised $2.75 million in Series A funding. Roadrunnr, TinyOwl to merge operations to launch consumer-facing product Runnr Hyperlocal logistics startup Roadrunnr and food-ordering platform TinyOwl are merging in an all-stock deal, and will launch… Read more »
Consure Medical Pvt Ltd has received a fresh round of funding from venture capital firm Accel Partners, while dining chain Barbeque Nation Hospitality Ltd is close to acquiring the master franchisee rights for American burger chain Johny Rockets in India. Accel Partners invests in healthcare devices maker Consure Healthcare devices manufacturer Consure Medical… Read more »
US education startup GotIt!, which has set up operation in Vietnam by Vietnamese co-founder Hung Tran, announced today to have raised over $9 million and seed and series A funding to continue building on its on demand platform for knowledge.