Indian Digital-First Retail Brands Sugar Raise Early Stage Capital

Indian Digital-First Retail Brands Sugar Raise Early Stage Capital

Vellvette Lifestyle, the company that owns and operates cruelty-free, online-first cosmetics brand Sugar, raised $2 million in debt capital as part of the first...
Indian Flipkart, Amazon Get Notices over Non-Compliance of Country of Origin Rule

Indian Flipkart, Amazon Get Notices over Non-Compliance of Country of Origin...

The Ministry of Consumer Affairs, Food and Public Distribution on Friday issued notices to Amazon India and Walmart-backed Flipkart for not displaying the country...
Indonesia Launches National Store on Chinese Pinduoduo

Indonesia Launches National Store on Chinese Pinduoduo

The Indonesian government has launched a national online store on e-commerce platform Pinduoduo (NASDAQ: PDD) on Saturday in a move to boost its trade...
Chinese Alibaba Invests USD 3.6 Billion to Take Control of Retailer Sun Art

Chinese Alibaba Invests USD 3.6 Billion to Take Control of Retailer...

Chinese e-commerce giant Alibaba (NYSE: BABA) will spend approximately USD 3.6 billion for a controlling stake of brick-and-mortar retailer Sun Art Retail Group (HKEX:...
Kolkata-Based Rare Planet Raised Fresh Funds

Kolkata-Based Rare Planet Raised Fresh Funds

Kolkata-based Rare Planet, which operates an eponymous ecommerce platform, has raised an undisclosed amount from institutional and angel investors in a fresh funding round,...
MyCloudFulfillment Nets USM Funding to Piggyback on Thailand’s Fast-Growing E-Commerce Market

MyCloudFulfillment Nets US$2M Funding to Piggyback on Thailand’s Fast-Growing E-Commerce Market

MyCloudFulfillment (MCF), an e-commerce fulfilment company based in Thailand, has announced that it has closed a US$2 million Series A round of financing from...
Pakistan’s MedznMore Raises .6 Million Seed for Its Online Pharmacy

Pakistan’s MedznMore Raises $2.6 Million Seed for Its Online Pharmacy

Karachi-based healthtech MedznMore has raised $2.6 million in a seed round, it announced in a statement today. The startup did not share the names...
Bengaluru-Based Tea Brand TeaMonk Raises Rs 6.5 Cr Led by Inflection Point Ventures

Bengaluru-Based Tea Brand TeaMonk Raises Rs 6.5 Cr Led by Inflection...

TeaMonk, a Bengaluru-based premium tea brand that offers more than 50 variants of premium tea, has raised Rs 6.5 crore in a Pre-Series A...
Singapore’s Carro Secures 0m in Debt Financing, Additional Equity

Singapore’s Carro Secures $110m in Debt Financing, Additional Equity

Singapore-based car marketplace Carro said it secured S$150 million (US$110.5 million) in debt financing facilities as well as additional equity, backed by investors such...
Indian Online Fish And Meat Retailer FreshToHome Nets  Mn

Indian Online Fish And Meat Retailer FreshToHome Nets $36 Mn

  The online grocery delivery segment has seen accelerated traction and subsequently, increased investor interest since the Covid-19 outbreak. Bengaluru-based FreshToHome Foods is the latest...
Mumbai-Based Used Bikes Marketplace CredR Raises INR 14.7 Cr from Eight Roads & ON Mauritius

Mumbai-Based Used Bikes Marketplace CredR Raises INR 14.7 Cr from Eight...

Mumbai-based used bikes marketplace CredR has raised INR 14.7 Cr from Eight Roads Investments and ON Mauritius. According to filings with the Ministry of Corporate...
Riyadh’s Retailo Raises .3 Million Pre-Seed for Its B2B Ecommerce Marketplace in Saudi & Pakistan

Riyadh’s Retailo Raises $2.3 Million Pre-Seed for Its B2B Ecommerce Marketplace...

Riyadh-headquartered B2B ecommerce startup Retailo has come out of stealth today with the announcement of $2.3 million in a pre-seed round led by Abu...