Tokopedia has picked up a 'significant stake' in Laku6 and the deal size is in the range of $5-$10 million.
Reefknot Investments secured capital commitments last November and is now actively scouting for investments.
Companies have more access to private capital and are putting off the scrutiny of public markets for as long as possible.
The common thread for both Alibaba and Tencent was the performance of relatively new businesses that have been eclipsed until now by more renowned div
Temasek, Lakestar and Heartcore Capital also joined the round.
DeHaat has raised Rs 20 crore ($2.8 million) in debt funding from venture debt firm Trifecta Capital.
IPOs & Markets
In FY19, UrbanClap claimed to have completed around 3.3 million service orders.
While revenues declined, its 3P marketplace GMV, international business, new retail & logistics saw progress.
A day ago, Mint reported that Dailyhunt has begun talks with Japanese investment conglomerate SoftBank for raising more than $150 million.
The deal is likely to value Bridestory at up to $50 million.
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