C2B used car platform Carsome's latest funding attracts new investors Lumia Capital and Innoven, and existing investors 500Startups and Spiral Ventures.
In the midst of closing another funding round Hopes to offer financial services in the near future AFTER recording a strong 2016, automotive portal Carsome is all optimistic that its momentum can continue, as the company is looking to introduce new services and entering new markets.
Automotive portal Carsome, which connects car buyers to dealers, said it has raised US$350,000 in its first round of funding, from 500 Startups and IdeaRiverRun (IRR).
MyEG, after behaving like a VC, will now revert to behaving like a typical corporate investor. Will this approach yield it better results? Karamjit Singh ponders.
Private investment company and incubator IdeaRiverRun (IRR) has announced an RM2.34-million (US$700,000) investment in Singapore-based Gimmie, which provides digital marketing tools such as loyalty and rewards programmes.
Having raised US$300,000, a calm and collected Karamjit Singh is looking firmly to the future while planning that next funding round – at a much higher valuation.
Digital News Asia (DNA), an independent technology news portal, announced today that it has secured RM1 million (approximately US$300,000) in seed funding from IdeaRiverRun (IRR), a private equity fund.