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,...
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 $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 $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 $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
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 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 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 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
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 $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...
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...