Princeton Digital Group commits US$100 million of growth capital.
The round is led by Warburg Pincus, followed by Endeavor Catalyst and Global Innovation Fund.
Malaysia’s Khazanah Nasional and Singapore’s Temasek, GIC participate in round.
Funds come from existing Investors including Warburg Pincus and Sequoia Capital.
Mobike has set its sights on Singapore and even Europe, after it raised US$215 million Series D financing round.
It has been another strong week for the tech ecosystem in SEA, writes Karamjit Singh.
Indonesian mobile on-demand startup Go-Jek has raised US$550 million funding from a consortium of global investment firms, following an undisclosed amount it raised in October, 2015.