Vertex Venture Holdings
Online portal theAsianparent raises multimillion-dollar funding from Vertex Venture Holdings and angel investors Teruhide Sato, William Klippgen and Hellmut Schutte to fuel its expanions plans.
With Japan’s SoftBank Corp investing US$250 million in taxi-booking app startup GrabTaxi, the Malaysian startup scene is finally getting some recognition, but the pressure is now on its management to dominate or die.
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.
Funding used to expand headcount, driver welfare programmes Reaffirms its focus on being a SEA-centric service company IT was a briefing heavy with hope for the future and light on details as transport app startup GrabTaxi announced its Series C funding on Oct 21 in Singapore.
GrabTaxi (known as MyTeksi in Malaysia) has announced it has raised more than US$15 million in Series B funding, led by Silicon Valley-based GGV Capital with participation from new investor Qunar and Vertex Venture Holdings.
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.