Series B
Ninja Van raises US$30mil Series B, led by Abraaj
Abraaj has led a US$30mil Series B round of fundraising for Ninja Van, a technology-enabled, last-mile logistics provider with operations in Singapore, Malaysia and Indonesia, and most recently Vietnam.
FashionValet raises ‘smart money’ from Japan’s Start Today
Malaysian e-commerce startup FashionValet has raised an undisclosed multimillion-dollar Series B from Japan’s Start Today, which its CEO Fadzarudin Anuar describes as ‘smart money.’
Physical game pays off for FashionValet
Having gone ‘physical’ in July, FashionValet finds that 10% of its online customers prefer to collect their items from its physical store.
Singapore logistics startup Anchanto closes undisclosed Series B
Singapore-headquartered e-commerce fulfilment company Anchanto said it has successfully completed a Series B round and “created an alliance” with Transcosmos Inc of Japan, but did not disclose the amount.
fastacash raises US$15mil Series B to fuel global expansion
Singapore-headquartered fintech startup fastacash has raised US$15 million in Series B funding from international investors, to be used to fuel its expansion ambitions.
Dating app startup Paktor lands US$7.5mil in Series B round
Singapore-based social dating startup Paktor Pte Ltd said it has secured Series B funding of S$10 million (US$7.5 million) from Majuven, Convergence Ventures, and existing investor Vertex Venture Holdings (a wholly-owned subsidiary of Temasek Holdings).
Why corporate VCs hate startup ‘zombies’
The corporate venture capital scene is growing and here to stay, but if there’s one thing such VCs hate it is those startups that crawl along and are too stubborn to die, Gabey Goh reports from EMC World in Las Vegas.
SPH Media Fund invests in NY ticketing startup Peatix
New York-founded Peatix, a global online ticketing platform, has announced a US$5-million investment from strategic investor SPH Media Fund, lead investor DG Incubation, and Japanese media company Sunny Side Up Inc.
Education portal EasyUni looking to raise Series B funding
Education portal EasyUni is looking to aggressively expand its presence. Towards this end, it is raising a Series B round now.
Entrepreneur-backed Monk’s Hill Ventures debuts with US$80mil fund
Monk’s Hill Ventures (MHV), a fresh entrant to Asia’s venture capital scene, has launched with a S$100-million fund (US$80-million) venture fund founded on the concept of “entrepreneurs backing entrepreneurs.”
