Hillhouse Leads 2m Investment in Chinese Microport’s Surgical Robotics Unit

Hillhouse Leads $512m Investment in Chinese Microport’s Surgical Robotics Unit

A consortium led by Asia-focused private equity powerhouse Hillhouse Capital has invested 3.5 billion yuan ($512 million) in MicroPort MedBot, the surgical robotic solution...
Saudi Fintech Hakbah Launches Savings Groups Platform after Receiving Regulatory Approval, Partners with Visa to Issue Prepaid Cards

Saudi Fintech Hakbah Launches Savings Groups Platform after Receiving Regulatory Approval,...

Riyadh-based fintech Hakbah has launched its financial savings platform after receiving approval from the Saudi Arabian Monetary Authority(SAMA), it told MENAbytes today. Founded in late-2018...
India Edtech Startup Unacademy Raises 0M Led by Softbank at .45B Valuation

India Edtech Startup Unacademy Raises $150M Led by Softbank at $1.45B...

Unacademy, one of the leading edtech startups in the country, has entered the unicorn club with SoftBank leading a $150 million funding round, valuing...
Indian AI Analytics Startup Entropik Tech Raises M in Series A Round

Indian AI Analytics Startup Entropik Tech Raises $8M in Series A...

Entropik Tech, a startup that uses artificial intelligence (AI) to track consumer's emotional response, has raised $8 million as part of its Series A...
Tencent Leads m Funding in Indian Music Streaming Platform Gaana

Tencent Leads $50m Funding in Indian Music Streaming Platform Gaana

Chinese tech giant Tencent Holdings Ltd has led a $50-million (Rs 375 crore) funding round in Times Internet-owned music-streaming platform Gaana, the Indian company’s...
Indonesian E-Commerce Startup Blanja.com Ceases Operation

Indonesian E-Commerce Startup Blanja.com Ceases Operation

Blanja.com, an Indonesian e-commerce platform co-owned by US behemoth eBay and state-owned telco firm Telkom, has ceased operation per September 1, its official statement...
PasarPolis Secures USM in Oversubscribed Series B to Scale Its Online Insurance Biz in Indonesia, Thailand, Vietnam

PasarPolis Secures US$54M in Oversubscribed Series B to Scale Its Online...

PasarPolis, an Indonesia-based online insurance aggregator, announced today it has closed US$54 million in a “heavily oversubscribed” Series B round of financing. Investors of this...
SG’s Propertyguru Raises US0M from TPG, KKR to Accelerate Growth in Malaysia, Vietnam

SG’s Propertyguru Raises US$220M from TPG, KKR to Accelerate Growth in...

Singapore-headquartered PropertyGuru Group said today it has secured an additional investment of SGD300 million (US$220 million) in recent funding rounds by leading global investment...
Freshket Nets USM to Bring Together Farmers And Food Processors to Supply Fresh Produce in Thailand

Freshket Nets US$3M to Bring Together Farmers And Food Processors to...

Freshket, a Bangkok-based agritech startup, has raised US$3 million in Series A funding round led by Singapore-based Openspace Ventures, with participation from Thai PE...
Dubai’s Dental Platform UDENZ Raises 100K Bridge Round

Dubai’s Dental Platform UDENZ Raises 100K Bridge Round

UDENZ is confirming a successful Bridge fund round which was closed on 3 September 2020 by Global Ventures UAE and several angel investors. The...
Indian Vernacular Gaming Platform WinZO Raises M in Series B Led by Makers Fund, Courtside Ventures

Indian Vernacular Gaming Platform WinZO Raises $18M in Series B Led...

Delhi-based vernacular gaming platform WinZO has raised $18 million in a Series B investment round led by global interactive entertainment fund Makers Fund based...
India Ultraviolette Automotive Raises Rs 30 Cr Series B Investment Led by TVS Motor Company

India Ultraviolette Automotive Raises Rs 30 Cr Series B Investment Led...

Ultraviolette Automotive announced that it has raised Rs 30 crore by the leading two-wheeler and three-wheeler manufacturer TVS Motor Company, as a part of...