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Unicorn Status For Chinese Car Wash Firm YGL Backed By Alibaba
Self-service car wash company Yigongli (YGL), a startup developed by Shanghai HELIOS Network Technology and backed by Alibaba has recently joined China’s latest unicorn status with a value of over $1 billion. The “hundreds of…
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Razer Earns $34m Profit In The First Half Of The Year As Revenue Soars
Razer, the Singapore-based gaming giant, announced that its first-half revenue was at an all-time high. The company’s hardware and fintech offerings continuous growth contributed to the result. According to Razer, the total revenue rose by 68% to…
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India’s upGrad Enters Unicorn Club with $185m Funding from IFC, Temasek and Others
Educational technology platform for higher education upGrad is now part of the unicorn club as they have raised $185 millions at a valuation of $1.2 billion, it announced on Monday. Unicorn is a term…
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Logistics Startup Parcel Perform Raises $20 Million In Series A Round
Singapore-based delivery experience platform Parcel Perform has secured a total of US$20 million in a series A investment that was spearheaded by Cambridge Capital. Softbank Ventures Asia and existing backers Wavemaker Partners and Investible have…
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BharatPe Joins The Unicorn Club With Threefold Rising Valuation to $2.85 Billion
BharatPe, merchant payments, and financial services provider, has raised $370 million in a primary and secondary fundraising round led by new investor Tiger Global Management of New York. Dragoneer Investor Group and Steadfast Capital are…