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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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KoinWorks, an Indonesian digital lending company, raises $108m from MDI, East Ventures
The Covid-19 period has actually allowed KoinWorks to surge forward in the right direction. “At the beginning of the pandemic, we tried to step back and look into the situation. But we realized that…
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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.…
