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India’s New Unicorns are shifting from consumer needs to B2B
Indian unicorn category in 2019 has seen the dominance of B2B startups, unlike the numerous consumer internet companies in the past.
Byju’s Rises to US$5.5 Billion Valuation, Connecting the World of Education Technology
Byju’s has made history in its ongoing Series F round with a valuation rise of nearly 53 percent to US$5.5 billion.
Go-Jek’s Series F continues with the latest investment from Siam Commercial Bank
Ride-hailing giant Go-Jek has secured yet another investment in its ongoing late-stage Series F financing that started since October last year. Its latest investor is Siam Commercial Bank, Thailand’s oldest homegrown lender that sees King Maha Vajiralongkorn as its biggest shareholder. The investment amount, however, has not been disclosed. In a report from Bloomberg, people […]
Southeast Asia sees more exits as unicorns appetite for acquisition grows
Southeast Asia unicorns have emerged as the biggest drivers of exits in the region. Just last week, Indonesian e-commerce unicorn Tokopedia bought over wedding marketplace Bridestory, as revealed in a romantic video where both parties said I do. This was followed by Singapore unicorn Trax announcing that it had acquired US-based shopping rewards app Shopkick […]
Indonesian unicorn Tokopedia enters Indonesian wedding marketplace via Bridestory acquisition
Bridestory said “yes” and is now part of the Tokopedia family.