Business
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Carousell Achieved Unicorn Status, With a Valuation of US$1.1B Thanks to a US$100M Investment From Korea’s STIC Investments
Carousell Group, a Singapore-based classifieds startup with operations in nine countries throughout Asia and Canada, revealed yesterday that it had secured US$100 million (RM415 million) to accelerate expansion. The media announcement made no mention of…
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Pasarnow, an Indonesian e-groceries Platform New Cities Expansion with 3.3 million USD Funding
An Indonesia e-grocer platform, Pasarnow successfully funded 3.3 million USD and has stated that this amount will be spent on expanding their regional coverage and increase their grocery supply-chain capabilities and last-mile solutions. The funding led…
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Razer Earns $34m Profit In The First Half Of The Year As Revenue Soars
Razer, the Singapore-based gaming giant, announced that its first-half revenue was at an all-time high. The company’s hardware and fintech offerings continuous growth contributed to the result. According to Razer, the total revenue rose by 68% to…
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BharatPe Joins The Unicorn Club With Threefold Rising Valuation to $2.85 Billion
BharatPe, merchant payments, and financial services provider, has raised $370 million in a primary and secondary fundraising round led by new investor Tiger Global Management of New York. Dragoneer Investor Group and Steadfast Capital are…
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Edamama Raised 5million USD Funding For Expansion and Improvement
Edamama, an e-commerce startup platform based in the Philippines, is said to raise US$5 million in its pre-series A round. Many esteemed Filipino and global angel investors joined the round of ventures for the e-commerce…