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Tonik Raised USD17Mil for Neobank Services in Philippines
The Philippines ‘ first Neobank Tonik successfully raised USD 17 million in the pre-series B funding that brings its total funding to USD 44 million. This funding is led by Singaporean VC firm iGlobe Partners. The round of investors includes Sequoia India, Altara Ventures, Insignia Venture Partners and newly joined investors are Baring Vostok Capital Partners, […]
Singapore FinTech Startup Successfully Raised 1.6Mil US Dollar in Venture Capital
Participation from well-known venture capital firms, M Venture Partners and Hustle Fund, has raised $1.6 million in seed funding for a Singapore fintech startup, Few¢ents. Co-founded by Abhisek Dadoo and Dushyant Khare, the team in Few¢ents is on a journey to help small creators and publishers through Asia and Europe gain more traffic and conversion with their alternative […]
AirAsia Thai Subsidiary To Undergo Restructuring Amidst $100.41mil Investment
Thai AirAsia, a subsidiary of Asia Aviation Public Company Ltd (AAV) under the low-cost airline AirAsia Group Bhd has approved its capital restructuring plan. The Thai unit of AirAsia will be seeing a $100.41 million (3.15billion baht) capital injection by an anonymous investor. The Covid-19 pandemic has clearly incurred a great blow to the aviation industry […]
India’s Chargebee Enters Unicorn Club After $125 Million Fundraising
Subscription management platform Chargebee has become the latest startup to obtain the unicorn tag after raising $125 million in a Series-G funding. The valuation of the Chennai-based company is currently at $1.4 billion post-investment – tripled in less than six months. New investor Sapphire Ventures and existing investors Tiger Global and Insight Venture Partners co-led […]
1Mil US Dollar Raised by Docosan for Online Healthcare Services in Vietnam
Docosan, an online startup platform designed to connect patients to the right doctor 24/7 in Vietnam, has announced that it raised more than USD 1million in seed capital. AppWorks, a Taiwan-based technology venture company, led the capital investment, which was considered one of the most significant seed investments for a healthcare startup in Vietnam. The […]