By Mihir Dalal
Meesho last raised $11.5 million in a series-B round from Sequoia India, SAIF Partners, Y Combinator and Venture Highway.
The move comes shortly after Vntrip raised its third round of funding from Switzerland’s IHAG Holding, which saw its valuation go up to $45 million in August.
Paytm is transforming into a financial services start-up with forays into banking, mutual funds and later insurance.
Previously, it raised its Series-A funding from RoundGlass Partners, Mumbai Angels, Patni Family Office and Singapore Angel Network.
Razer has already secured a number of key partnerships to capture Southeast Asia’s e-payments market.
Dubai-based Careem is Uber’s main Middle East rival, competing in most of the region’s major cities including Cairo, Dubai, and Riyadh.
Didi, the world’s second most valuable startup, has failed to generate a profit in the six years since its founding
Kumparan claims to be a hybrid online news site with social media concepts.
It’s on track to raise $3 billion of funding before the end of this year, co-founder Hooi Ling Tan said.
GeM, which records transactions worth $1.5 billion at present, aims to raise this figure to $25 billion in three years.