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E-commerce Startup 10club Raises $40 Million Seed Funding Led by Fireside Ventures
Thrasio style e-commerce venture 10club, a six-month-old Indian startup, said on Tuesday it has raised $40 million, in what is one of the largest seed financing rounds in the South Asian market. The round was co-led by Fireside Ventures and an undisclosed global investor. HeyDay, PDS international, Class 5 Global, Secocha Ventures, and hardware startup […]
5 Countries in Asia-Pacific Ranked in Global Startup Ecosystem Index 2021 Top 20
The Global Startup Ecosystem Index has provided valuable and comprehensive insights consistently every year on the startup ecosystem in 100 countries, and 1000 cities globally since 2017 by StartupBlink. According to the 2021 index released recently, the first Asian country to be on top of the startup ecosystem is China, skipping 7 positions to rank […]
Carro, a Singapore Start-Up Company Funded Over $300 Million From SoftBank and Others
You should know what contactless delivery is by now, but you have probably never heard of a contactless car showroom. A Singapore-based startup company, Carro has raised $360 million in a Series C funding led by SoftBank Vision Fund 2, a venture capital fund of Japan’s SoftBank Group. The latest round of funding was joined […]
Alibaba Cloud Plans to Invest US$1bn in Asia Pacific Countries in Support of Developing Talent Pool
Alibaba subsidiary, Alibaba Cloud announced its plans to invest USD $1billion across several Asia Pacific countries in developing a digital talent pool and empower the growth of 100,000 startups in the technological field. Current disclosed countries to be involved in the investment plans are Malaysia, the Philippines, Indonesia, and Singapore. The investment strategy is part […]
Australia’s Tenacious Ventures closes first agrifood tech fund at $27m
Specialist agriculture and food tech venture capital firm Tenacious Ventures has closed its first venture capital fund, securing A$35 millions ($27 million), according to an announcement. The fund was founded by Sarah Nolet, founder of agrifood tech advisory AgThentic, and Matthew Pryor, co-founder of agtech startup Observant, which was acquired by Jain Irrigation. Tenacious Ventures […]