Indonesian SaaS Startup Sirclo Bags USD 6 Million from Big-Name Investors
The Indonesian e-commerce enabler Sirclo has secured USD 6 million in Series B funding, the company announced on Friday. Among the investors participating in...
Vietnam’s Galaxy Media Acquires Local Edtech Startup Hocmai
Vietnamese media group Galaxy Media and Entertainment announced on Thursday that it has acquired a majority stake in local edtech startup Hocmai for an...
Chinese Alibaba-Backed AISpeech Closes Pre-IPO Round
Voice interaction startup AISpeech has closed a pre-IPO round, bagging “several hundreds of millions of RMB” from investors including real estate developer Zhuhai Da...
China’s TikTok CEO Kevin Mayer Quits after Less Than Three Months
TikTok Chief Executive Officer Kevin Mayer has left the company, less than three months after he joined the hit short video app, and U.S....
Indonesian Communication Ministry Introduces Startup Studio Indonesia
As a way to accelerate digital transformation, the Ministry of Communication and Information of Indonesia (Kemenkominfo) will host Startup Studio Indonesia, an intensive programme...
China’s Alibaba Suspends Its India Investment Plan Amidst Increased Scrutiny
China’s Alibaba Group will reportedly go slow on its plan to invest in Indian companies and not sign any fresh deals in the wake...
Delivery Hero Acquires Dubai-Based Grocery Startup InstaShop for $360 Million
Global food and grocery delivery giant Delivery Hero has acquired Dubai-based on-demand grocery delivery marketplace InstaShop for $360 million, it announced in a statement...
Mumbai-Based Fantasy Gaming Platform Fanspole Raises Pre-Seed Round from Better Capital
Mumbai-based fantasy gaming platform Fanspole on Thursday said it raised an undisclosed amount in its pre-seed funding round from Better Capital.
The social gaming startup...
India TrueFan Raises $4.3M in Seed from Mayfield India, Saama Capital,...
Mumbai-based celebrity-fan engagement startup TrueFan on Thursday announced it has raised $4.3 million in a Seed round of funding by prominent investors like Ronnie...
India’s BYJU’S Raises Rs 908.9 Cr from DST Global
Edtech startup BYJU'S is raising about Rs 909 crore in funding from billionaire Yuri Milner-led DST Global, according to regulatory documents.
According to documents filed...
Myanmar’s First Interbank Payment App Partners with Alibaba-Backed TrueMoney
Onepay, Myanmar’s first mobile interbank platform, on Thursday announced a partnership with TrueMoney to expand on the former’s agent networks in the country that...
KKR Leads $150m Series E1 Round in Chinese Edtech Firm Huohua...
Huohua Siwei, a Chinese online K12 mathematics and science education platform, has collected $150 million in a Series E1 round of financing led by...
