NewsKKR raises USD 15 billion for largest Asia fundUS private equity group to target consumer businesses and carve-outs. 1 min read
The latest funding has boosted the Bengaluru-based startup’s valuation to almost USD 5 billion from USD 3.7 billion in February last year. NewsSwiggy raises USD 800 million round ahead of Zomato’s public listing2 mins read
The unicorn is reportedly eyeing a US public listing later this year. NewsKEY STAT | Grocery delivery app Dingdong bags USD 700 million, seeks to expand market1 min read
The new feature allows any Burmese user to lock their profile and adjust privacy settings, limiting access to people on their friends list. NewsFacebook rolls out new safety feature to protect Myanmar protestors2 mins read
With the surge in remote hiring, Glints claims it was able to more than double its annual revenue in 2020. NewsMonk’s Hill Ventures joined career platform Glints’ USD 22.5 million round2 mins read
In the three months ending March 2021, funding into the world’s third largest startup ecosystem was driven by large financing rounds in big startups. NewsGlobal investors bet big on Indian startups, investing billions into country2 mins read
The company is pouring money into Indonesia to remain the country’s go-to social network. NewsFacebook is building Southeast Asia’s new internet infrastructure3 mins read
Last year, Meesho entered the Indonesian market, where social commerce is much more mature than India. NewsSocial commerce startup Meesho reaches unicorn status as SoftBank, Facebook, and others infuse USD 300 million2 mins read
Ripple’s transaction volume in Southeast Asia increased by 10x in 2020. NewsUnimpeded by SEC lawsuit, Ripple is set to supercharge Southeast Asia’s cross-border remittances3 mins read