Series A Funding
Aims to help individuals create and sell merchandise online.
Bangkok-based Zilingo announces that it has successfully secured a US$8 million Series A round that was led by Venturra Capital,Sequoia India and Susquehanna International Group.
Singapore-based Paktor, which styles itself the ‘Tinder of South-East Asia,’ said it has closed a Series A investment round, bringing the total it has raised to over US$5 million in the last 12 months.
Kuala Lumpur-based TrustedCompany.com said it has secured US$1 million for its Series A financing round, led by German Tengelmann Ventures and co-invested by 500 Startups and Asia Venture Group (AVG).
HotelQuickly has secured US$4.5 million in a Series A-1 financing led by GREE Inc with participation from William E. Heinecke, chief executive officer (CEO) and chairman of Thailand-based hospitality company, Minor International.
Private equity firm ESW Manage has announced a seven-figure investment to acquire a 20% stake in The French Cellar, a Singapore-headquartered wine subscription e-commerce platform.
Karamjit Singh still can’t shake off his disappointment that GrabTaxi did not reveal its Series A amount. Is he making a mountain out of a molehill?
GrabTaxi (MyTeksi in Malaysia) lands a substantial Series A round, reported to be in the region of US$10 million, with existing investor Singapore venture capital firm Vertex Venture Holdings as the lead investor. Karamjit Singh has the story.
Having hit one million registered users and over 600,000 monthly visitors, Indonesian-based startup Burufly is celebrating with a contest. Gabey Goh speaks to the founder for the story behind the celebrations.
ViSenze Pte Ltd announced it has closed a US$3.5-million Series A round of financing led by Rakuten Ventures, the corporate venture capital unit of Rakuten Inc, with participation also from new investors Walden International and UOB Venture Management.