The acquisition will be valued up to $5 million.
The proceeds will be used to strengthen the company’s capital as well as its financial structures.
The company looks to establish over 100 franchise units across 21 cities over the next 12 months.
Teabox claims to have sold over one billion cups of tea to consumers across 117 countries
GOJEK has introduced a new insurance platform, Go-Sure, while e-commerce site Blibli has launched a live streaming app.
Landr will use the proceeds to accelerate its growth and expand into new markets.
CapitaLand Commercial Trust has closed the book-building process raising $161.70 million in gross proceeds for its private placement exercise.
eBay is investing $165 million in the Noida-based firm for the aforesaid stake.
Libra Rio holds the concession rights to operate, manage and develop the container terminal Terminal de Contêineres 1 in the port of Rio de Janeiro C
Rest of Asia
"Unfortunately there are virtually no companies that can be called global No. 1 unicorns," said the SoftBank Group CEO.
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