The oversubscribed fundraising enabled Xiang He Capital to exceed its initial target of $350 million.
The next round of funding will be used for expansion in markets such as Japan, South Korea and Taiwan.
The startup is looking to expand its footprint, operations and distribution infrastructure to eight major cities.
Suzette Gourmet has raised Rs 10 crore from Yuj Ventures and DSG Consumer Partners while TechnifyBiz and Spring House Coworking eye funding.
This is the third time that Bansal has sold his shares since Walmart’s takeover of the e-commerce company last year.
Team Flash currently employs more than 30 professional esports athletes and content creators.
Rest of Asia
Bessemer, one of the world's top early-stage VC firms, has a portfolio of over 200 companies including Pinterest, Smule, Rocket Lab, and Fiverr.
Startup funding has reached an all-time high as investors are willing to infuse more funds enthused with startups who are scaling four to five times.
Thailand-based 2C2P was recently the target of a failed acquisition attempt by Southeast Asian ride-hailer Grab.
Tracxn will use the funding proceeds to augment the long term financial resources of the company.
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