The round brings the startup's total funding to close to $10 million.
Future Consumer is raising about $50 million to increase production capacity.
Majority of PE Asia’s investments were based in emerging markets, with 52% in Greater China.
Accion Quona Inclusion Fund made a first close in October 2018 at $87.75 million.
Hustle Fund II comes eight months after the pre-seed VC firm closed its first fund at $11.5 million.
The latest funding round marks the sixth injection of investment in Jiuye in four years.
The acquisition, made through Bright Beyond, will be settled in cash.
Sarmayacar is raising $30 million to target seed to early stage startups in Pakistan.
BPO Unibank will continue to own 85% of its rural banking arm.
A Wall Street Journal report said the investment was for a 20-per cent stake.
© Copyright DEALSTREETASIA 2014-2019 All rights reserved.
Forgot your password?
We will never share your information with third parties.
Already have an account? Sign in here
If you don’t already have an account click the button below to create your account.