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2021: Total of 27 Southeast Asia’s Unicorns Rise Since 2014
Since there were only three unicorns in Southeast Asia in 2014, the ecosystem is teeming with billion-dollar startups. There were just three unicorns in Southeast Asia in 2014: VNG, Garena (now ‘Sea,’ and Razer. Today,…
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Grab Now Offers Food and Grocery Deliveries as Ride-Hailing Slows
Digital tech unicorn Grab has been working to put its home delivery service that delivers food and grocery products in the black by the end of this year as it prepares to offer its shares…
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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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India’s Latest Unicorn, Rebel Foods, Enters The Club After Raising $175m
Cloud kitchen startup Rebel Foods has entered the unicorn club after raising $175 million in its Series F funding round that was led by sovereign wealth fund Qatar Investment Authority (QIA), with a valuation 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…
