Thailand based B-Concept raises US$ 5M funding
B-Concept Media Entertainment Group has obtained USD 5 Million for its marketing, event management, production and ticket businesses in the month of June 2020.
Ubie secures US$ 18.7M in Series B funding
Japan-based Ubie which focuses on AI-based healthcare products has announced that it has raised $18.7M nonparallel B funding led by SUZUKEN CO. LTD., a listed pharmaceutical distributor company in Japan. The pharma company has also entered into a strategic partnership with Ubie. Founded in 2017 by Yoshinori Abe and Kota Kubo, Ubie operates a software-as-a-service (SaaS) product for hospitals called AI Monshin and an AI symptom checker...
Wooden Street raises $3 Million in Series-A Funding
An online custom furniture startup based in Jaipur, India Wooden Street has acquired US$3 Million in Series-A funding from IAN Fund and Rajasthan Venture Capital Funds (RVCF).
Vietnam’s Propzy raises US$ 25M in series A funding
Vietnam based offline-turned-online real estate startup Propzy secured funding of US$ 25Million in Series A funding led by Gaw Capital and SoftBank Ventures Asia, the early-stage venture part of SoftBank Group. Other investors include Next Billion Ventures, RHL Ventures, Breeze, FEBE Ventures, RSquare and Insignia. Founded in 2016 by John Le, who prefers to call his startup a “firetech” instead...
Tea cafe startup Chaayos nabs USD 12M in series B
Chaayos, a Delhi based tea café startup has raised US$12 million in series B funding led by a clutch of venture capital firms including SAIF Partners, Singapore-based investment firm Pactolus and Hong Kong-Integrated Capital. The funds raised will be utilized to further develop its offline presence in the geographies it is currently present in as the company charts a concentrated model to keep its...
Logistics SaaS FarEye raises USD 25 Million in series D funding
Logistics software startup FarEye secures USD 25 million in funding led by Microsoft’s venture fund M12, with participation from Honeywell Ventures and Eight Roads Ventures. Existing investor SAIF Partners also participated in the series D round. The company, has secured USD 40 million till date, including its latest funding“We will use the funds to further invest in enhancing predictive capabilities...
Dairy food start-up Milk Mantra secures USD 10M in Debt from DFC
Dairy food start-up Milk Mantra announced on 19th June, 2020, that US International Development Finance Corporation (DFC) has committed US$10 million for structured debt financing to the company. DFC has also approved US$3,71,000 for technical assistance to support the company’s ethical milk sourcing programme and agriculture extension services as per a statement. Setuka Partners LLP based in Washington DC, led by Aman...
500 Startups backed accounting automation start-up Bizzi
As more businesses ramp up their digital transformation initiatives in the wake of the Covid-19 crisis, companies offering automation services are seeing an opportunity. Vietnam-based Bizzi.vn is one such model. The startup built up a bookkeeping digitized instrument utilizing robotic process automation (RPA) as it plans to rearrange and digitize the financial operations of companies. The firm in May, 2020, declared...
Edtech startup Grazing Minds raises undisclosed amount from DH Holdings
Digital edtech and consulting start-up Grazing Minds promoted by serial techpreneur Sangita Dash and Asish Dash has secured an undisclosed amount in June 2020, as seed funding led by DH Holdings, a London-based private equity and venture capital firm specialized in early and late stage fundings. The company said it will deploy the funds to counseling teams, build a semi...
Lightspeed raises over USD 4 Billion across three funds
Lightspeed Venture Partners is the latest Silicon Valley firm to close a US$ 1 billion plus fund despite the disruption happening in the startup world it works in. The Menlo Park-based firm claims to raise over US$ 4.2 billion across three funds. It had previously raised two India-focused funds - US$ 175 million in 2018 and US$ 135 million in...
