Startup
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Line Man Wongnai Becomes Thailand’s Latest Unicorn After Securing $265 Million In Funding
In Line Man Wongnai’s latest funding round, Line Man Wongnai announced that they raised $265 million in a Series B funding round which values the company at over $1 billion, securing the company’s position as…
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Indian Logistics Tech Platform Becomes India’s 106th Unicorn After Raising $33.5 Million
Logistic enablement platform Shiprocket raised $32.6 million in the latest funding round from returning investors. The funding round was co-led by Singapore’s Temasek and Lightrock India. The firm was valued at around $1.2 billion with…
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Chinese Firm Raises $110 Million In A Funding Round Led By SoftBank And Sequoia
China-headquartered e-commerce SaaS platform Dianxiaomi has raised $110-million in Series D funding led by SoftBank Vision Fund 2 and Sequoia China. The funding round also participation from Tiger Global Management, GGV Capital, and Huaxing Growth…
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Softbank Warns Of Longer Startup Winter Due To Unicorn Founders Unwilling To Cut Valuations
Softbank Group has recently reported a quarterly loss of more than $23 billion. The company said this net loss in the June quarter “was recorded mainly due to the monetization of investments in public portfolio…
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Xpressbees Raise $24.6 Million From Avendus’ Future Leaders Fund II
India-based Logistics unicorn Xpressbees has secured $24.6-million as a secondary investment from Avendus’ fund, Avendus Future Leaders Fund II. Before this latest development, Xpressbees’ parent company Busybees Logistics Solutions, reported a 33% growth in its…
