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Boutiqaat’s bank accounts were frozen for eight months. The company said it lost 90% of revenue during the investigation.

US private equity group to target consumer businesses and carve-outs.

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.

The unicorn is reportedly eyeing a US public listing later this year.

The new feature allows any Burmese user to lock their profile and adjust privacy settings, limiting access to people on their friends list.

With the surge in remote hiring, Glints claims it was able to more than double its annual revenue in 2020.

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.

The company is pouring money into Indonesia to remain the country’s go-to social network.