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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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cooky

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.
“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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cleartax

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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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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Netflix Competitor In Asia Hooq Raised Funding From Singtel, Sony, Warner

Hooq, a Netflix competitor in Asia, raised US$25 million from its existing investors Singtel Sony Pictures, and Warner. The streaming service – majority-owned by Singapore’s top telco – first launched in India, Thailand, and the Philippines in early 2015, later also taking on Indonesia and Singapore. This round takes Hooq’s total amount of funding to US$95 million.  
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