500 Startups and global tech investment group Susquehanna International are investors in this latest investment. The US early stage VC fund was an earlier backer of TicketBox in its seed round raised in 2014, along with Thai digital content provider Ookbee.
By Ishita Russell
Startups Unacademy, iService and SecurAX have raised funds. Ed-tech startup Unacademy raises $4.5m in Series A round Ed-tech startup Unacademy, run by Sorting Hat Technologies Pvt. Ltd, has raised $4.5 million in a funding round led by Nexus Venture Partners and existing investor Blume Venture. Freshdesk CEO Girish Mathrubootham and Myntra… Read more »
In June this year, the Bengaluru-based startup had announced that it had raised $1.35 million in a seed round of funding from SAIF Partners and India Quotient.
Indonesia’s first online healthcare application HaloDoc announced today that it has secured a series A round worth $13 million led by Clermont Group, a Singapore-based private investment firm. Ride-hailing app Go-Jek, e-commerce platform blibli.com and NSI Ventures also participated in the round. The company said that the funds will be… Read more »
Financial e-commerce startup Cermati has raised $1.9m in a series A round led by East Ventures, one of the most active local VCs in Indonesia. Existing investor Beenos Plaza also participated in this round.
e27 will leverage the new strategic connections to benefit SEA entrepreneurs, whether for entering new markets, receiving funding, or exploring strategic partnerships with China.
CASH Capital Investment Management Co Ltd and Legend Capital have led a series B round in a medical device logistics provider, while Chinese startup UrWork has raised $46 million in a pre-Series B round.
En route to raising its Series A round of funding, property portal Casa Mozambique – which is backed by Asian online classifieds operator Frontier Digital Ventures – is looking to scale its operations in the African region with its revamped website and brand. The firm received an undisclosed seed funding in 2015 from Frontier Ventures.
GlassesGroupGlobal had secured a $3m Series A from Caixa Capital and Nova Founders Capital in July 2015. In 2014, it had raised $1.5m in seed funding
Network virtualization company Midokura has raised a $20 million series B funding round from Japanese fintech company Simplex. The new funding brings Midokura’s total investment to over $44 million to date. Other existing investors like Innovation Network Corporation of Japan (INCJ) and Allen Miner – a member of Midokura’s board of… Read more »