NoBroker secured USD 30 Million Series D Top-up
Online land rental stage NoBroker.com as of late declared that it has brought USD 30million up in Series D financing round by General Atlantic. Apparently, this is the third investment made by the Singapore-based Venture Capitalist firm in the startup. The company explained, this is a further extension of Series D financing, as a part of which it had brought...
Chinese Automaker BYD’s Semiconductor Unit Raises $265m ahead of Separate Listing
BYD Semiconductor, the microchip manufacturing division of battery powered transport concern and a subsidiary of Chinese electric carmaker BYD, has entered into an investment agreement to raise USD 256 Million (¥ 1.9 billion) from 14 strategic investors for promotion and expansion. The company made the deal in May 2020, to acquire the most needed capital for generating more revenues from...
COVID-19 test kit maker Mylab bagged an undisclosed amount
Mylab Discovery Solutions Private Ltd., situated in Pune, which is also the first Indian company to get approval for COVID-19 test units in India, has announced that it has bagged an undisclosed amount from Sakal Media Group's MD Abhijit Pawar and Adar Poonawalla, CEO - Serum Institute of India. Additional capital will be deployed for scaling up the production of...
Ubisoft Entrepreneurs Lab Announces Season 5 with 8 new start-ups
Ubisoft has announced to continue their Entrepreneurs Lab program for another season, the 5th in total, with 8 international startups. This season, the company will be dedicated to the theme of social entertainment and will explore how to make entertainment experiences socially inclusive, empowering, positive and accessible. The 8 new start-ups include Sorare ( France), Atlantide (France), Immersive.io (France) Axie Infinity...
Japan’s payment service provider Paidy brings in USD 48M from ITOCHU
Japan’s Buy Now, Pay Later (BNPL) startup Paidy announced on April 9, 2020, that it has shut a Series C extension funding round led by preceding investor ITOCHU Corporation by bringing in US$ 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...
