Business
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PayMongo, Philippine fintech startup aims to be a one-stop shop for Southeast Asia’s financial needs as it explores regional expansion
In April 2019, four co-founders, namely Francis Plaza, an MIT engineer; software engineer Jamie Hing II; business entrepreneur Luis Sia; and former Philippines Cabinet official Edwin Lacierda launched PayMongo to facilitate payments for businesses. The…
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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 Bank plc. to expand its business…
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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 GSV Ventures. This round has valued…
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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 led by Sequoia, valuing it at…
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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 of both primary and secondary transactions.…
