FreshoKartz, an e-commerce platform connecting customers with farmers, has raised an undisclosed amount of seed funding. The funding was raised from Chennai-based investor Sunil Kumar Singhvi, along with a group of angel investors and high net-worth individuals.
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BalleBaazi secures $1 million
BalleBaazi, online cricket fantasy gaming platform, has sealed of deal of $ 1million from parent company Baazi games. BalleBaazi plans to use the funds to further expand its verticals and introduce various concepts to enhance the user experience.
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Yishou gets backed by Shunsei Capital
Yishou, a Chinese B2B wholesale women clothing company, has raised around $8.2 million in Series B funding round led by Shunwei Capital. Other investors included Matrix Partners China and Huaxing Growth Capital, the private equity arm of China Renaissance.
Founded in 2014, Yishou raised funds from Shunwei Capital in 2017 in Series A funding round. It now serves around 3.9 million women's
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Addressing Funding Challenge For Startups Needs Prudence
Funding is a common issue for established businesses or even for a startup. Investors are very apprehensive and careful when they put in money in a business, whether it is a lending company or a friend or a family member, especially in a startup as it is typically run by someone who has very little or no previous experience in
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Synthace gets $26 million funding from Horizons Ventures
London-based Synthace Ltd which is a cloud-based platform that helps improve the success rate of biological research, has secured a $25.6-million Series B funding round led by Hong Kong-based Horizons Ventures, the private investment arm of investor Li Ka-shing. Its existing investors, Luminous Ventures, SOSV and others also participated in the round.
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Funding in India’s deep technology breaks record
Investment in deep tech of India has risen to its all time best $247.8 million so far this year where in 2017 it was only $96.8 million. The investment amount went up by 2.5 times specially in artificial intelligence (AI), machine learning and robotics based startups.
Grey Orange, valued at $500 million, raised the highest amount of funding which is $140
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Tiger Cage Launch Event held
Tiger Cage, an entrepreneurship-themed video series from Startup Dhaka, was launched on 10th December at EMK Center, Dhanmondi. Tiger Cage is the first ever video series in Bangladesh giving startups the opportunity to pitch in front of investors who are willing to provide funding access to startups. The show aims at mitigating one of the Bangladesh startup ecosystem’s
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Creating Capital For Your Big Business Idea
Bangladesh is a hotbed for business creation and growth, a fact that has led the UK’s influential Institute of Export to name it as ‘the new Asian Tiger’. The efforts of country businesspeople has driven 7.11% growth in GDP year on year. With so much international interest, there has seldom been a better time
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STARTUP DHAKA Releases Trailer Of Its Second Film
We have worked for the past year to get this film done, a sequel to our first documentary. In our first film we explained the emerging startup culture that was happening here in Dhaka. In last five years our startup culture matured, however new challenges have emerged. While we understand that startups are creating value for local angel
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Vietnam’s Cooky raises $500k
Vietnam’s local food recipe portal, Cooky, is said to raise $500,000 investments in round led by existing investor ESP Capital. The round was also participated by Founders Capital and angel investors, the company added.
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“The latest investment will be used to enhance our offers, enlarge the user base and expand our operations,” said Vuong Nguyen, founder of Cooky.The company said it
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India’s fintech startup ClearTax raises $50M Series B
ClearTax, a seven-year-old, Bengaluru, India-based fintech startup focused around tax preparation, e-filing, accounting and investment planning, has raised $50 million in Series B funding led by the Hong Kong-based investment firm Composite Capital.The company is looking to use the fresh capital to further accelerate its growth and expand the suite of products and services on its platform.
Archit Gupta, Founder and
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Chinese Ride-Hailing startup BMKP raises $43M
Chinese ride-hailing firm Wuhan Banma Kuaipao Technology (BMKP.com) has completed a RMB300 million (US$43.21 million) financing round from Chinese private equity fund manager QJY Capital, according to a Chinese media.
QJY Capital’s investment comes after BMKP.com received considerable amount of online ride-hailing licenses, which is a necessary operation material for ride-hailing drivers under the requirement of a new policy introduced in
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ICT Innovators Will Receive Up To 1 Crore Taka Funding
ICT state minister Zunaid Ahmed Palak announced that in case of ICT innovations, entrepreneurs will receive up to 1 crore taka funding based on the idea. He announced this at the "National Hackathon For Women 2017" held on 10th February. He also said that by next 2 years there will be over 1000 new ideas from the ICT innovators.
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Bangalore-Based Aisle Raised Funding To Grow The Business
Aisle, an online dating app owned by Bangalore-based Aisle Network, has secured an undisclosed amount in funding from CIO Angel Network, with participation from Konglo Ventures, White Unicorn Ventures and online deal-making platform LetsVenture. The startup will use the funding to hire new developers and content creators, said Founder and CEO Able Joseph.
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Thailand’s Freshket Raised Funding To Develop Its Platform
Thailand’s B2B online marketplace for food businesses Freshket announced on Sunday that it has raised a six-digit US dollar first round of venture capital (VC) funding. Freshket founder and CEO Ponglada Paniangwet stated that the startup plans to use the funding to develop its platform, which was soft-launched in January. Freshket is also looking toward Vietnam and Indonesia
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Chinese internet company LeEco Landed US$2.4 Billion In Fresh Funding
Chinese internet company LeEco announced Sunday that it landed RMB16.8 billion (US$2.4 billion) in fresh funding led by China’s real estate titan Sunac China Holdings Ltd. Sunac will become the company’s second-largest shareholder after the deal. This hefty round would definitely ease the capital pressures the company has faced and to rebuild confidence in its investors
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