Bounce has already raised about $120 million of the amount, and will use the funds to expand its operations.
And, challenger banks reckon that fintech can help them shake the dominance of entrenched rivals.
The latest investment comes just nine months after another Chinese tech giant, Baidu, led a $302-million financing for the elevator-ad company.
Policy & Regulations
The regulation factors in provisions such as standard minimum fare for motorcycle taxis as well as customer protection and safety.
IPOs & Markets
Adjusted revenue in the second quarter increased 12% from a year earlier, the slowest rate in the company’s history.
Tiger Global had previously invested in Vedantu in 2015.
Viva Republica's fresh funding now values the creator of financial services platform Toss at $2.2 billion.
The startup plans to use the funding to expand to other markets, including Indonesia.
The deal will be a combination of cash and equity.
Jollychic reached a valuation of $1 billion last year after raising capital in its Series C round led by Sequoia Capital.
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