CapBay And Kenanga to Form Malaysia’s First Islamic Supply Chain Finance Fintech

CapBay And Kenanga to Form Malaysia’s First Islamic Supply Chain Finance...

With its acquisition of a 49% stake in Kenanga Capital Islamic Sdn Bhd (KCI), Malaysian fintech startup CapBay is forming a joint venture with...
Indonesian iSeller Secures Series A from Mandiri, Openspace to Expand Its Omni-Channel Sales SaaS Platform

Indonesian iSeller Secures Series A from Mandiri, Openspace to Expand Its...

iSeller, an Indonesian omni-channel sales SaaS platform, has secured an undisclosed sum in Series A round of financing, co-led by Mandiri Capital, the VC...
HK-Based Statrys Bags m in Angel Round

HK-Based Statrys Bags $5m in Angel Round

Hong Kong-based fintech startup Statrys garnered $5 million in its angel round from an undisclosed investor. The corpus raised will be used for product and...
Chinese iDS BUYBUYBUY Raised US Million in Its Series B+ Financing to Continue Its Renovation And Integration in The Beauty And Healthcare Industry

Chinese iDS BUYBUYBUY Raised US$40 Million in Its Series B+ Financing...

iDS BUYBUYBUY, an E-commerce startup in the beauty and healthcare industry that offers global professional beauty brands to Chinese generation Z shoppers, has raised...
Egypt’s Illa Raises 0,000 Seed to Offer Full-Stack Delivery Solutions to FMCG Companies

Egypt’s Illa Raises $500,000 Seed to Offer Full-Stack Delivery Solutions to...

Cairo-based logistics startup Illa (ILLA) has raised $500,000 in a seed round from Averroes Venture Capital, AUC Angels, and some local and regional angel...
India: Walmart-Owned Flipkart Acquires Mobile Gaming Platform Mech Mocha

India: Walmart-Owned Flipkart Acquires Mobile Gaming Platform Mech Mocha

Walmart-owned Flipkart has acquired mobile gaming startup Mech Mocha’s intellectual property assets for an undisclosed amount in an effort to scale up its gaming...
SociaBuzz Raises Funding from UMG Idealab to Connect Businesses in Indonesia with Creators, Talents

SociaBuzz Raises Funding from UMG Idealab to Connect Businesses in Indonesia...

UMG Idealab, the Indonesia-based venture arm of UMG Group Myanmar, has invested an undisclosed amount in SociaBuzz, an online marketplace that connects businesses/individual customers...
Report: Despite Pandemic, Indonesian Startups Raised US.9B in Funding by Q3 2020

Report: Despite Pandemic, Indonesian Startups Raised US$1.9B in Funding by Q3...

The Indonesian venture capital (VC) firm association (Amvesindo) announced in a virtual event today that Indonesian startups had secured US$1.9 billion in funding through...
Venture Catalysts Leads Bridge Funding Round in Indian EV Charging Co Charge+Zone

Venture Catalysts Leads Bridge Funding Round in Indian EV Charging Co...

Startup incubator and accelerator Venture Catalysts on Wednesday said that it has led a $3 million funding round at TecSo ChargeZone, which is the...
India PhonePe Registers 250 Mn Users, Turns Market Leader with 835 Mn UPI Transactions

India PhonePe Registers 250 Mn Users, Turns Market Leader with 835...

Bengaluru headquartered PhonePe on Monday said that it has surpassed the 250 million user mark on the digital payments platform, with an aim to...
Pakistani Fintech Tag Gets In-Principle Approval of Country’S Central Bank, Receives Investment from Former Execs of N26 & Revolut

Pakistani Fintech Tag Gets In-Principle Approval of Country’S Central Bank, Receives...

Tag, a yet-to-launch Pakistani fintech has been granted in-principle approval by the country’s central bank for an Electronic Money Institute License (EMI), it has...
Elevation Capital Injects  Mn into India’s Rivigo, Marking First Deal Since Rebranding

Elevation Capital Injects $11 Mn into India’s Rivigo, Marking First Deal...

Returning investor Elevation Capital has invested Rs 84.4 crore ($11.4 million as per exchange rates on date of shares allotments) in technology enabled logistics...