DSA had earlier reported that VIGroup had led a $2m series A round in it
By Tanu Pandey
Globally, Rocket Internet’s losses almost quadruple in 2016 to €741.5m.
Medical tourism firm Oxa Medical, retail tech startup AdUrCup and Bengaluru-base tech company Mobisy Technologies have raised funds. Medical tourism startup Oxa Medical raises funds from Idein Ventures Medical tourism startup Oxa Medical has raised an undisclosed amount from UAE-based Idein Ventures. The seed funding will be used by the Hyderabad-based startup to… Read more »
K2 Global, a firm that has invested in startups such as Uber Technologies Inc. and Spotify Ltd., plans to raise $200 million for a second venture capital fund after gathering just under that amount for its first such offering. The investment firm, led by Ozi Amanat, will start seeking more money… Read more »
Jakarta-based VC firm Kejora Ventures Wednesday marked the first close for its second fund at $21 million (the vehicle is targeting to raise $80 million), securing commitments from high-profile investors across Asia Pacific such as Indonesia’s Barito Pacific family, Thailand’s Charoen Pokphand, and other high net worth individuals in the… Read more »