The latest round of capital will give RedDoorz an operational runway till mid-2020.
Rest of Asia
The funds raised will be used to strengthen the company’s SAR satellite development, among others.
StashAway's latest round brings the total funds raised to date to $20.4 million.
PlayShifu plans to update current products and expand retail presence from 15 countries to over 30 by 2020.
The firm will use the funds to grow its assets under management by 35% at the end of the ongoing financial year.
Saudi Arabia’s PIF, which chipped in $45b for the first fund, was not mentioned in the announcement Friday.
LPs in the fund include Microsoft, Foxconn and a sovereign wealth fund of Kazakhstan.
Pomelo competes with Zilingo, Indonesia-based Sorabel and e-commerce giants Shopee, Lazada and Tokopedia.
Both UOB Venture Managemen and East Ventures are Ruangguru’s existing backers.
Vietnam’s P2P lending platform VayMuon has completed a seven-digit-dollar seed round from NextTech Group.
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