ridehailing-880x503

GoJek raises over $1 billion

Ride hailing startup Gojek, on Friday, announced that it has finalized deals to raise funds over $1 billion on its on going round of Series F led by Google, JD.com and Tencent. Other investors include Mitsubishi Corp and Provident Capital. It values the company between $8 billion to $10 billion. Gojek will use the funds to double down on key verticals in
Read more
n

Base raises US $1.3 million

Vietnamese startup Base has raised US $1.3 million pre-series A rounnd co-led by the Alpha JWC ventures and Beenext. It is said to be the biggest ever fund raised by a B2B startup in the country. Existing investors 500 Startups and VIISA also participated in the funding round. The company has developed over 20 apps that cover two verticals: human resources and
Read more
Tinklab

Tink Labs is raising $300M

Tink Labs, a Hong Kong startup that develops smartphones that hotels provide to their guests for free, is raising a new round of up to $300 million to further its international footprint. The startup is in the final stages of completing the deal that could give its six-year-old business a post-money valuation of at least $1.5 billion. It isn’t clear at this
Read more
Close-up shot of a man using a smartphone to order a ride in Poland

Grab raises $250M from Hyundai as ongoing round tallies up to $2.7B

Grab, the Singapore startup that bought Uber’s Southeast Asia business earlier this year, continues to announce strategic investors for its ongoing Series H funding round. The latest edition revealed today is Korean automotive firm Hyundai, which is investing $250 million. Hyundai first invested in Grab in January, and it joins recently announced investors Microsoft (undisclosed) and Booking Holdings ($200 million) in the round, which
Read more