Search Results for:Aastha Maheshwari
Pathao – also dubbed as the Go-Jek of Bangladesh – is looking at raising less than $5 million
The logistics major is targeting $427.5m in revenues by 2017-end.
MDS to invest $16m more as part of yearly plan, taking its stake to 18 per cent.
Starting out as an e-commerce delivery firm, it expanded into ride hailing in 2016.
The used phone commerce site had last raised over $1.8 million in seed funding in 2015.
Prominent niche players include Fabelio (furniture) and Laku6 (used phones).
aCommerce is in discussions with 2-3 private equity (PE) players to raise funding.
It’d join Alibaba and JD.com with its foray into the archipelago’s e-commerce market.
Alibaba is learnt to be in discussions to lead a funding round worth up to $500m.
Saratoga CFO Jerry Ngo talks about the PE landscape in SE Asia.