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90 Seconds snags $20 million Series B

90 Seconds, Singapore based cloud video production firm, has raised $20 million in Series B round led by SIG, Airtree Ventures, Sequoia India, Qualgro Venture Capital, Atami Capital, and Right Click Capital. Launched in 2010, 90 Seconds has worked with over thousands renowned brands like Barclays, Paypal, Visa, Samsung, Sony, Microsoft etc. claiming to connect with more than 12,000 creators- videographers, directors, editors,
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stock-economy

DSE Turnover shows 1.5 months low rate

Dhaka Stock Exchange turnover hits its one and a half months low rate as institutional investors are reluctant to invest. Closing of trading shows BDT 580.70 crore, down by 15.17% where transactions of 11.98 crore shares and mutual fund units took place on DSE. Institutional investors are skeptical to invest as banks, non-bank financial institutions and insurance companies are expected to
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Bproperty gets $10 million from EMPG

Bproperty.com, real estate marketplace in Bangladesh, has received $10 million from its parent company Emerging Markets Property Group (EMPG) to expand its operations all over Bangladesh, defend itself from challenges faced and ensure quality services. Currently the platform lists 25,000 properties to choose from. On January, Bproperty.com has acquired Lamudi, also a real estate marketplace. Founded in 2016, Bproperty has successfully
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SpotDraft bags $1.5 million from Angel Investors

SpotDraft, a legal tech startup, has raised $1.5 million from angel investors in pre-Series A round. The funding was led by Binny Bansal and Sailesh Tulshan’s fund 021 Capital, with participation from Girish Mathrubootham, Co-founder Freshworks; Karanpal Singh, Founder Hunch Ventures; Indus Khaitan, Chief of Growth, Chargebee; Peeyush Ranjan, VP Engineering, Google Inc. and Singapore Angel Network.
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driving-change

Ziploan grabs $12.5 million Series B from SAIF Partners

Ziploan, Indian online lending platform, is reported to have raised $12.5 million in Series B round led by Venture Capital and Private Equity firm SAIF Partners. Other participants in the funding round include Matrix Partners India, WaterBridge Ventures and Whiteboard Capital. Ziploan plans to use the funds into expanding business operations and service offerings in Delhi NCR, Mumbai, Indore, Lucknow
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Bangladesh Stock prices go up after starting the week with a drop

Finishing the day at 5735.92, DSEX, the benchmark of the Dhaka Stock Exchange, soured 19% equaling 11.39 points. On the other hand, Turnover rate fell nearly 31% to BDT 611.76 crore. United Power Generation, Bangladesh Submarine Cables, Grameenphone, Square Pharmaceuticals and Fortune Shoes were few of the dominating names in the Turnover Chart. 124 stocks increased and 165 declined with 56
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GoCardless snags $75 million Series E

Gocardless, a London based fintech startup, has just injected $75 million capital in Series E funding round to expand its operations across EMEA, APAC and North America. Founded in 2011, the 300-person company led by Hiroki Takeuchi has operations in France, Australia and Germany through which it claims to process transactions for 40000 businesses around the world. In 2018, the
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Health-Insurance

Alan raises another $45 million

Alan, a Paris based startup, has recently raised 40 million euros in Series B round led by Index Ventures with the help of DST Global. Alan, a Saas Service, is particularly working in health insurance market in France with plan of expanding to whole Europe. It is the first health insurance company to get the official health insurance license in
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BIGO to invest $100 million in India

BIGO Technology, a Singapore based internet company, is planning to expand its operations to India as well as investing around $100 million in India. It currently has its existence in Southeast Asia with live streaming platform BIGO live and video editing and sharing platform LIKE. With its footstep in India, BIGO will have 20 regional offices and 4 regional centres by
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