Eggoz recently raised $8.8 million in fresh capital that it could use to expand its business footprint and bring additional talents to its growing community. The India-based agri-consumer tech startup said on Wednesday that Series B of its funding round was led by Mumbai-based IvyCap Ventures Pvt Ltd. The round was also participated by existing […]

Singapore-based eyewear house Neso Brands announced raising $100 million that will be used to partner and invest in consumer eyewear brands around the world. Neso is an initiative of omni-channel eyewear unicorn Lenskart, whose investors include KKR, Softbank, Alpha Wave Global and Temasek. Neso Brands said it will help eyewear brands grow by leveraging synergies […]

India-based D2C men’s lifestyle brand, DaMENSCH has raised US$16.4 million funding in its Series B funding round led by A91 Partners along with participation from existing investors Matrix Partners, Saama Capital, Whiteboard Capital, and Alteria Capital. The company makes loungewear and innerwear for men will be using the fresh funding to invest in technology development, […]

India-based healthy snacking brand Happilo has raised US$25 million from Motilal Oswal PE (MOPE) to build its direct-to-consumer (D2C) snacks business. Last year in February, the company had raised US$12 million from A91 Partners. “Covid-19 has emphasized the importance of healthy eating and nutritious food in the mind of every customer. The MOPE investment will help […]

Vietnamese integrated retail platform The CrownX has raised US$350 million primary investment from TPG, a private equity firm, ADIA (the Abu Dhabi Investment Authority), Temasek Singapore. With this funding, the total fundraise for The CrownX since its inception in 2020 is now more than US$1.5 billion. The firm’s post-money valuation now soars $8.2 billion, nearly […]

Love, Bonito, one of Southeast Asia’s largest omnichannel womenswear brand, has announced raising $50 million in a Series C funding round led by Primavera Capital Group. Adastria, Ondine Capital, and existing investors, including Openspace Ventures and Kakaku.com also participated in the funding round, as per the announcement. The company said it will use the fresh […]

FMCG precision marketing platform Shoplinks has raised $900,000 in a seed funding round led by early-stage venture capital firm Cocoon Capital, with participation from the Indonesian Women Empowerment Fund (IWEF). Since its launch in 2020, Shoplinks has been working with major FMCG brands such as Procter and Gamble, Unilever, and Johnson and Johnson, processing thousands […]

Flash Coffee, one of Asia’s fastest-growing tech-enabled coffee chains has announced plans to expand into the Philippines, Malaysia, and Vietnam in 2022 to broaden its reach further. The company made the announcement after it officially launched in Hong Kong with its first store opening inside Golden Centre in Sheung Wang. The Hong Kong launch also […]

Chinese retailer Miniso Group plans to open a flagship store in New York and aims to nearly double its outlets in the US this year, gambling on increasing post-pandemic budget-conscious shoppers. Miniso has lesser than 60 outlets in the US and its presence is dwarfed by giant low-price retailers like Dollar Tree as well as […]