Social e-commerce startup Meesho in talks to raise funding from DST Global

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Meesho last raised $11.5 million in a series-B round from Sequoia India, SAIF Partners, Y Combinator and Venture Highway.

Meesho

Budget ticketing platform Atadi.vn merges with Vietnam’s travel app Vntrip

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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.


India’s Paytm bets on local expertise to fend off global rivals

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Paytm is transforming into a financial services start-up with forays into banking, mutual funds and later insurance.


India: Online parenting platform BabyChakra raises funds  from  Mark Mobius, others

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Previously, it raised its Series-A funding from RoundGlass Partners, Mumbai Angels, Patni Family Office and Singapore Angel Network.


Singapore’s Razer to launch e-payments platform by 2019

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Razer has already secured a number of key partnerships to capture Southeast Asia’s e-payments market.


Uber-rival Careem expands services into Sudan

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Dubai-based Careem is Uber’s main Middle East rival, competing in most of the region’s major cities including Cairo, Dubai, and Riyadh.


China’s ride-hailing giant Didi Chuxing said to record $585m loss in first half of 2018

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Didi, the world’s second most valuable startup, has failed to generate a profit in the six years since its founding


Go-Jek’s VC arm Go-Ventures said to have invested in Indonesian media startup Kumparan

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Kumparan claims to be a hybrid online news site with social media concepts.


Ride-hailing giant Grab targets to double revenue to $2b in 2019

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It’s on track to raise $3 billion of funding before the end of this year, co-founder Hooi Ling Tan said.


Indian govt’s e-marketplace GeM aims to pip Amazon, Flipkart in transactions

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GeM, which records transactions worth $1.5 billion at present, aims to raise this figure to $25 billion in three years.