IPO-bound Pine Labs raises $100 million from Invesco
Ahead of its planned IPO in the United States, India-based FinTech company Pine Labs has raised fresh funding of $100 million...
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Indonesia-based FinTech Startup Xendit enters the unicorn club with $150 million funding
Indonesia-based digital payment platform Xendit has entered the unicorn category after it raised $150 million in a Series C funding...
Online gaming platform MPL (Mobile Premier League) becomes India’s second gaming unicorn at a pre-money valuation of $2.3 billion
India-based online gaming startup, MPL has raised undisclosed funding from investors led by Legatum Capital with participation from Gaingels LLC...
Chinese retailer Miniso to double up its stores in the US as pandemic slashes mall rents
Chinese retailer Miniso Group plans to open a flagship store in New York and aims to nearly double its outlets...
Boost For The FinTech Ecosystem – India, Singapore announce UPI-PayNow linkage
The Reserve Bank of India (RBI) has recently announced that Singapore and India will link their respective fast payment systems-...
Mittihub, an earthenware startup launched with just Rs 50,000 ($683), increases local Indian artisans income by 40%
Mittihub, an earthenware startup was launched last year by two students Abhinav Aggarwal and Megha Joshi from Rajasthan, India to...
VinaCapital Ventures picks up stake in Vietnamese insurtech firm Global Care
VinaCapital Group’s investment arm VinaCapital Ventures recently announced that it has invested in a Vietnamese InsurTech firm, Global Care that...
Zomato takes its grocery business off the menu
FoodTech platform Zomato recently announced that it is closing down its pilot online grocery delivery business due to gaps in...
GM, Harley-Davidson, and now Ford- Why are American automakers leaving India?
In a recent announcement, Ford said that it has accumulated operating losses of over $2 billion over the last ten...
Vietnamese food chain, Homefarm receives an undisclosed investment from an Alibaba-backed fund
Alibaba’s eWTP Technology and Innovation Fund has recently made an undisclosed investment in Vietnam-based food chain, Homefarm. According to CEO...
IPO-bound OYO expands its authorized share capital to Rs 901 crore ($122M)
India-based hotel chain OYO has raised its authorized share capital to Rs 901 crore ($122M) from Rs 1.17 crore ($160,000)...
Jakarta-based P2P lender Modalku partners with BukuWarung to support MSMEs
Indonesia-based P2P lender Modalku has collaborated with BukuWarung, a bookkeeping and digital payments platform to support its 6.5 million MSME...
Thailand’s logistics unicorn Flash Express to enter Laos
Thailand-based logistics and ecommerce startup Flash Express has tied-up with AIF Group to develop the logistics industry in the region....
Intudo Ventures an Indonesia-focused VC firm closes $115 million third fund
Intudo Ventures, an Indonesia-only venture capital firm has closed its third fund at $115 million amidst the tech-segment boom in...
Amazon Pay to offer wealth management services in India
Amazon’s digital payment arm, Amazon Pay, has partnered with Kuvera.in, a mutual fund platform to facilitate wealth management services in...
Bangladesh’s B2B ecommerce platform ShopUp secures $75 million funding in series B
ShopUp, a Bangladesh-based business-to-business ecommerce startup in a Series B funding round has raised $75 million with Peter Thiel’s Valar...