Japan’s payment service provider Paidy brings in USD 48M from ITOCHU

Japan’s Buy Now, Pay Later (BNPL) startup Paidy announced on April 9, 2020, that it has shut a Series C extension funding round led by preceding investor ITOCHU Corporation by bringing in US$ 48 Million. ITOCHU previously participated in Paidy’s Series B round in 2016 and its Series C round in July 2018, bringing the total investment in the startup to US$ 91 million. Apart from ITOCHU, the start-up has also obtained investments from Goldman Sachs, PayPal and others.“We...

Zehitomo bags US$ 7.6M in series B funding

Tokyo based platform for freelancers, Zehitomo, has raised US$ 7.6 Million in a sequence B funding round led by DG Daiwa Ventures on 11th June, 2020. They claim to employ the funding by hiring more talents in addition to drive the supply aspect of local services online.Real estate developer Mitsubishi estate, venture capital firm Energy and Environment Investment, AirTrip, Coral Capital along with SMBC...

Let’s Transport bags in INR 130 Million

Debt provider InnoVen Capital invested INR 130 Million in a Bengaluru based start-up, Let’s transport as a part of debt round. The start-up had also secured US$12 million in Series B funding round led by, Bertelsmann India Investments and Fosun International in 2018. The company deals in light commercial vehicle segment and provides urban logistic services to enterprises by offering...

Cloud kitchen platform Box8 raises Series C Funding

Poncho Hospitality Pvt. Ltd., which operates full-stack Foodtech platform Box8, has raised nearly US$ 3.9 million as part of its ongoing Series C funding round. While its core business has taken a downturn due to the Coronavirus crisis, the company recently launched “InstaFresh” on its platform offering delivery of grocery essentials. To beef up it’s new offering, the company has...

Logistics start-up Ninja Van secures US$ 279 Million

Singapore based renowned logistic startup, Ninja Van has reportedly announced that it has raised a funding of US$ 279 Million in series D funding round. The backers include Intouch Holding, Golden Gate Ventures, Monk's Hill Ventures, France's GeoPost, ride-hailing Grab, Carmenta, Facebook co-founder Eduardo Saverin's B Capital Group and two other wealth funds. The company receives this funding when it...

Anti-phishing startup INKY raises USD 20 Million funds

Anti-phishing startup Inky has raised $20 million in its Series B round of funding, from Insight Partners. This new investment brought total investment to USD 31.6 Million. Funds will be utilized to accelerate the enterprise adoption, innovation map and global expansion. In conjunction with the investment, INKY is expanding the company across Asia, Europe and Latin America, to bring INKY to...

Professional women’s network Leap Club raises fresh funding

India-based Leap Club, professional network for women has brought US$ 340,000 in its pre-seed round of funding. Founded by Ragini Das and Anand Sinha, it aims to create more women leaders for the professional platform. The investors in the funding round include FirstCheque, Artha India Ventures, Whiteboard Capital (Sandeep Tandon’s VC fund), Amrish Rau (CEO Pinelabs, Founder Citrus Pay), Deepak Abbot (Former...