Unicorn India eyes first close for venture debt fund at nearly $30m

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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.

Unicorn India

CapitaLand’s VC arm backs $1.75m funding for retail data analytics startup Omnistream

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Omnistream said it will use the fresh funds for product development and geographical expansion.


Andreessen Horowitz, Sequoia score big with GitHub’s sale to Microsoft

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Andreessen Horowitz could make nearly $1 billion off its investment in GitHub.


IFC invests $2.5m in Sri Lankan ride-hailing app PickMe

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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.


500 Startups backs Cambodian property platform KhmerHome.com’s seed round

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For KhmerHome, this round follows its pre-seed funding from Australia-based emerging markets firm Emerging Classifieds Ventures.


Macquarie Capital backs mobile loyalty wallet Stocard’s $20m fundraising

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The latest funding round was also participated by original investors Shortcut, Alstin, Rocketship, and Engelhorn.


Chinese fintech platform PINTEC raises $103m led by SINA Corp, Mandra Capital

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The round was joined by STI Financial Group, Shunwei Capital Partners, and ZHONG Capital Holding Group, among others.


Indonesia’s EV Hive raises $20m in SoftBank Korea-led round, eyes 100 locations by 2022

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The latest funding round was joined by new investors H&CK Partners, Tigris In0mvestment, Naver, LINE Ventures, and STIC Investments.


Exclusive: Fenox VC to relaunch $50m India fund by year-end, closes first deal in Vietnam

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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.


Thailand’s Krungsri Finnovate to invest $15.6m in four startups by year-end

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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.