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Enovate Motors snags $298 million

Enovate Motors, Chinese electric vehicle startup, has closed $298 million investment in Series A funding round from different public companies and government funds.  With the latest investment, Enovate has so far raised over RMB 6.5 billion ($760 million) in funding since it was founded in mid-2018. Enovate began construction on its first 5.1 billion yuan electric car factory in March 2019
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Increff bags $3 million from Binny Bansal

Increff, Bengaluru-based supply chain management startup founded by former Myntra executives, has raised around $3 million in Series A funding round led by Binny Bansal, Flipkart co-founder, and 021 Capital, a venture capital firm. Founded in 2016, the startup secured seed funding of $2 million from marquee venture capital firm Sequoia Capital in 2017.
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Klook raises $225 million in Series D

Klook, Hong Kong based online travel startup, has bagged $225 million in extended Series D funding round led by SoftBank Vision Fund. The total amount raised in Series D now becomes $425 million. Other participants in the round included, Sequoia China, Matrix Partners, TCV and OurCrowd. The earlier $200 million fundraising was supported by Goldman Sachs, Boyu Capital.
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ezCarter bagged $150 million Series B

ezCarter, an online catering marketplace, has closed $150 million deal in Series D-1 round led by Singapore wealth fund GIC and US venture capital firm Lightspeed Venture Partners. Other participants include, Light Street Capital, existing investors Wellington Management Company LLP, ICONIQ Capital, Insight Partners, Quadrille Capital, and others.
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Intel Capital backs Cloudpick, EEasy Tech

Intel Capital has made new investments of $117 million in 14 tech startups such as China’s Cloudpick Limited & Zhuhai EEasy Technology Co and Israel’s proteanTecs. Other startups are from US that come from communitions, healthcare and manufacturing industries. Intel Capital makes $300-$500 million investment every year in potential innovative companies around the globe.
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Standigm raises $11.5 million in Series B round

Standigm, a Seoul based drug delivery and development platform, has raised $11.5 million in Series B round led by Mirae Asset Venture Investment and Mirae Asset Capital. It takes the total amount of funds raised to $15 million. Other participants included, DSC Investment, Wonik Investment Partners and existing investors Atinum Investment, LB Investment and Kakao Ventures, an early stage venture capital arm
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Blue Mobile raises funds in Series C round

Blue Mobile, a southeast Asia based vending machine and payment platform, has raised an undisclosed amount in Series C round led by online payment giant Ant Financial. Established in 2014, Blue Mobile started its business in China and has expanded its subsidiaries across Thailand, Vietnam, Malaysia, and Indonesia. Blue Mobile has got over 6,000 smart vending machines throughout Indonesia and Thailand
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