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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 Achieved Unicorn Status, With a Valuation of US$1.1B Thanks to a US$100M Investment From Korea’s STIC Investments

    yiyun
    October 20, 2021

    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…

  • India’s Latest Unicorn, Rebel Foods, Enters The Club After Raising $175m

    India’s Latest Unicorn, Rebel Foods, Enters The Club After Raising $175m

    yiyun
    October 13, 2021

    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…

  • Licious Joins The India’s Unicorn Club With $52M Funding

    Licious Joins The India’s Unicorn Club With $52M Funding

    yiyun
    October 6, 2021

    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…

  • India: Cars24, A Used Car Marketplace, raises $450m at $1.84b Valuation

    India: Cars24, A Used Car Marketplace, raises $450m at $1.84b Valuation

    yiyun
    September 29, 2021

    Cars24 is an e-commerce platform for pre-owned vehicles. It recently announced that it has closed a funding round of $450 million, including a $340 million Series F equity round alongside a $110 million debt from…

  • Airwallex, Unicorn From Fintech Hits Valuation Of $4bn After Raising $200m

    Airwallex, Unicorn From Fintech Hits Valuation Of $4bn After Raising $200m

    yiyun
    September 22, 2021

    One of the worldwide unicorn payment companies in Hong Kong, Airwallex, has reported a $200 million raise in a round of financing underwritten Series E headed by Lone Pine Capital of the United States. According…

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