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Indonesian fintech Akulaku Inc. secures $100m funding from Thai lender to expand its business in Southeast Asia
Following a $125-million funding in 2021 co-led by Hong Kong multi-asset investment firm Silverhorn Group, Akulaku managed to pull in $100-million from one of Thailand’s biggest lenders, Siam Commercial…
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LEAD, an Indian edtech startup, is now a unicorn after $100m Series E fundraise
LEAD is a school-focused edtech company that recently announced that it has raised $100 million in a Series E funding round led by private equity firm WestBridge Capital and…
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KoinWorks, an Indonesian digital lending company, raises $108m from MDI, East Ventures
The Covid-19 period has actually allowed KoinWorks to surge forward in the right direction. “At the beginning of the pandemic, we tried to step back and look into…
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India’s Mamaearth is the latest unicorn after $52m funding
The parent company of baby and mother care brand Mamaearth, Honasa Consumer Pvt Ltd, has earned the title of unicorn after raising $52m USD in the latest funding round…
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Indonesian coffee chain, Kopi Kenangan, achieves unicorn status with $96m pre-IPO round
Indonesian coffee chain Kopi Kenangan has recently closed a $96.1 million Series C funding round from investors including Tybourne Capital Management, Falcon, and B Capital Group. The round consisted…
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Superapp Grab to buy Malaysian supermarket chain Jaya Grocer
Grab, a Southeast Asian tech giant, is buying Malaysian grocery chain, Jaya Grocer, saying this in its latest filing with the Securities Exchange Commission (SEC). In the filing, Grab…