LATEST INSIGHT

Category: Venture Capital

November 27, 2020
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4min00
Evergrande Property Services Group’s Hong Kong IPO priced at the lower end of expectations raises $1.8 billion the tepid demand underscoring concerns about the financial health of its debt-laden parent. Evergrande Property Services Group’s Hong Kong IPO priced at the lower end of expectations raises $1.8 billion the tepid demand underscoring concerns about the financial […]

November 26, 2020
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2min00
VC arm of Indonesia’s state-owned Bank Rakyat BRI Ventures has announced the first close of its Sembrani Nusantara fund at IDR150 billion (US$10.62 million) in a press statement. Participating investors include Grab, Indonesian VC firm Celebes Capital, Fazz Financial Group, the fintech P2P platform Investree, and serial investor Pandu Sjahrir. According to the statement IDR150 […]

November 26, 2020
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1min00
Philippine-based proptech startup AQWIRE has announced it has raised US$2.1 million in a Series A round of funding in a press release. The round of financing was led by Spiral Ventures. Other participating investors include Singapore-based Gentree, PropertyGuru’s original investor Vulpes, Hong Kong’s Betatron Venture, and Steve Melhuish, Co-founder of PropertyGuru. The newly acquired capital […]

November 25, 2020
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3min00
Pulsifi, a Singapore and Malaysia-based HR tech startup, attracts US$1.8 million in an angel round. Investors such as Kairous Capital; Aaron Chen, Founder of KVC group of companies; and Rajesh Lingappa, Co-founder & Former CTO of RedMart, joined the round. As per a press release, this investment brings Pulsifi’s total funding to US$4 million. The […]

November 24, 2020
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2min00
The Chinese Uber for trucks Manbang announced that it has raised $1.7 billion in its latest funding round, two years after it hauled in $1.9 billion from investors including SoftBank Group and Alphabet Inc’s venture capital fund CapitalG. The latest financing again attracted high-profile backers, including returning investors SoftBank Vision Fund and Sequoia Capital China, Permira and Fidelity, a consortium that […]

November 23, 2020
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3min00
  Sleek, the corporate services platform that helps entrepreneurs launch and run new companies in Singapore and Hong Kong, has raised $4 million. The new funding was led by SEEDS Capital, the investment arm of government agency Enterprise Singapore. Returning investors MI8 Limited and Pierre Lorinet also participated, along with Singapore Fintech Association co-founder Varun […]

November 23, 2020
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3min00
The company announced a $2.1 million seed investment led by Amplify Partners and Neo. While it was at it, the startup also announced the first commercial version of the product, Serenade Pro. “Serenade is an app that you’ll download onto your computer. It will plug into your existing editors like Visual Studio Code or IntelliJ, and then […]

November 23, 2020
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3min00
Egypt-based Cloud-based e-commerce enablement platform ExpandCart has raised US$2.5 million in a Series A round of funding . The round of financing was led by Egyptian VC Sawari Ventures with participation from Agility Ventures (the corporate VC arm of logistics firm Agility), and Graphene Ventures some angel investors. Launched in 2013 by Amr Shawqy and Sameh Nabil, the startup enables […]

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