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  • Indonesian Payments Platform Xendit Raises $300-million in Series D Funding

    Indonesian Payments Platform Xendit Raises $300-million in Series D Funding

    yiyun
    June 15, 2022

    Indonesian-based payment platform Xendit recently announced that the firm has raised $300-million in fresh funding. The company hit unicorn status in its last round of funding in September 2021 but did not disclose the company’s…

  • Australian corporate education content hub Go1 raised over $100-million in a funding round backed by SoftBank

    Australian corporate education content hub Go1 raised over $100-million in a funding round backed by SoftBank

    yiyun
    June 8, 2022

    Go1, an Australia-based corporate education hub for on-demand training and resources, announced on Monday that it has raised over $100-million in its latest funding round closed in May.  The round saw the company’s valuation increase…

  • India’s ShareChat in advance talks with Google, and Temasek to close $300-million funding with $5-billion valuation

    India’s ShareChat in advance talks with Google, and Temasek to close $300-million funding with $5-billion valuation

    yiyun
    June 1, 2022

    According to reports from Reuters, Indian-based ShareChat’s parent firm Mohalla Tech has raised nearly $300-million from Google, Indian media conglomerate Times Group, and the Singapore government’s Temasek Holdings.  This latest funding puts the value of…

  • India’s unicorn startup, Cars24 cuts 600 jobs

    India’s unicorn startup, Cars24 cuts 600 jobs

    yiyun
    May 25, 2022

    The used car e-commerce platform, Cars24 backed by investors in the likes of SoftBank and Alpha Wave Innovation, has asked 600 of its employees to leave, even as it pushes ahead with its international expansion…

  • Japanese payment processing firm Opn obtains unicorn status after raising $120-million

    Japanese payment processing firm Opn obtains unicorn status after raising $120-million

    yiyun
    May 18, 2022

    Digital payment processor Opn, which was formerly known as Synqa, said it has raised $120-million in a Series C+ funding round, earning itself a unicorn status.  Some investors that have participated in the funding round…

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