By Kavya Kothiyal
Mumbai-based Unicorn India is looking to raise ₹600 crore ($89.4 million) for the debt fund. Founded in 2016 by Anil Joshi and Bhaskar Majumdar, the VC firm had launched its maiden fund last November.
Omnistream said it will use the fresh funds for product development and geographical expansion.
Andreessen Horowitz could make nearly $1 billion off its investment in GitHub.
The investment marks IFC’s foray into the venture capital space in Sri Lanka and will help PickMe expand across the island and increase access to affordable, safe, and efficient transportation.
For KhmerHome, this round follows its pre-seed funding from Australia-based emerging markets firm Emerging Classifieds Ventures.
The latest funding round was also participated by original investors Shortcut, Alstin, Rocketship, and Engelhorn.
The round was joined by STI Financial Group, Shunwei Capital Partners, and ZHONG Capital Holding Group, among others.
The latest funding round was joined by new investors H&CK Partners, Tigris In0mvestment, Naver, LINE Ventures, and STIC Investments.
Fenox has closed its first investment in Vietnam by backing a “leading fintech company”. It is also mulling tie-ups with local corporations to set up a dedicated private fund for the country.
Over $10 million of the $30-million fund has been deployed so far and the VC arm is looking to increase its fund size next year.