Funding Rounds
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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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Licious Joins The India’s Unicorn Club With $52M Funding
In a round led by IIFL AMC’s late-stage tech fund, Licious, an India-based direct-to-consumer (D2C) startup that offers premium meat and seafood, raised $52 million at a valuation of $1 billion. Thus, Licious, which Singapore state…
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India: Cars24, A Used Car Marketplace, raises $450m at $1.84b Valuation
Cars24 is an e-commerce platform for pre-owned vehicles. It recently announced that it has closed a funding round of $450 million, including a $340 million Series F equity round alongside a $110 million debt from…
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Airwallex, Unicorn From Fintech Hits Valuation Of $4bn After Raising $200m
One of the worldwide unicorn payment companies in Hong Kong, Airwallex, has reported a $200 million raise in a round of financing underwritten Series E headed by Lone Pine Capital of the United States. According…
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Carsome from Malaysia Raises $170M From Taiwan’s MediaTek And Others.
Malaysian used-car marketplace, Carsome Group, said it has raised $170 million in a funding round from investors, including Taiwanese chipmaker MediaTek. This has cemented its position as Malaysia’s largest tech unicorn as it’s now valued…
