Egypt’s Brantu Raises Seven-Figure Series A for Its Fashion Ecommerce Platform
Cairo-based fashion ecommerce platform Brantu has raised a seven-figure (USD) investment in a Series A round led by one of the leading Egyptian VCs...
Warburg, Hillhouse Capital Lead $700M Series A Funding In JD Property
Warburg Pincus and Hillhouse Capital will co-lead a $700 million Series A financing round in JD Property, the
infrastructure asset management and integrated service subsidiary...
Alibaba Expects Livestreaming E-Commerce Penetration Rate to Reach 30%
Chinese e-commerce giant Alibaba expects livestreaming sales to continue strong growth, while livestreaming could make up 30% of all sales on its platforms in...
Pakistan’s Clicky Raises $700,000 for Its Fashion Ecommerce Platform
Lahore-based fashion ecommerce platform Clicky has raised $700,000 in a pre-Series A round, it announced today in a statement to MENAbytes. The investment came...
Online Shopping: Why It’s Better Than Buying In-Store
Online shopping has exploded during the last few decades. In 2019 alone, e-commerce sales reached a dizzying $602 billion in the US, for a...
Mumbai-Based Infra.Market Raises $20m Series B from Evolvence India, Sistema Asia...
Infra.Market, a Mumbai-based business-to-business marketplace for real estate and construction materials, has raised $20 million in Series B funding from Evolvence India Fund, Sistema...
Mobicred revs up SA e-commerce with cardless credit across 3 000...
Credit cards, store cards and once-off loans will have to make room – there’s a proven, battle-hardened online retail credit option in town. It’s...
Indian CashKaro Raises $10M in Series B Round Led by Korea...
CashKaro, a Gurugram-based cashback and coupons site, has secured $10 million in Series B funding round led by Korea Investment Partners (KIP) and existing...
Indonesian Telkomsel Invests US$150M in Gojek
Indonesia’s home-grown ride-hailing giant gojek today announced that it has raised US$150 million from Telkomsel, a leading network service provider and subsidiary of Telkom...
UAE’s Wiz Holding Closes $2M Seed Funding Round
Wiz Holding, a tech e-commerce enterprise in the MENA region, announced that it has closed a Seed funding round from international investors from the...
Delhi-Based MobiGarage Raises Pre-Series A Round from US-Based SOSV
Delhi-based MobiGarage, a mobile hardware and service platform, has raised an undisclosed amount of funding in its ongoing pre-Series A round from the US...
SG’s Carousell Inches Closer to Unicorn Status with A US$80M Investment...
Carousell, a B2C and C2C consumer marketplace for buying and selling new and used goods in Singapore, has inched closer to becoming a unicorn...