Indian digital lending fintech EarlySalary on Monday said it has raised $110 million from TPG’s Rise Fund and Norwest Venture Partners, in its largest fundraise to date. Existing investor Piramal Capital & Housing Finance Limited also participated in the Series D round, which according to media reports has brought the company’s valuation to $300 million.… Continue reading India’s EarlySalary raises $110m from TPG’s Rise Fund and Norwest Venture Partners
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PostEx buys logistics firm Call Courier to tap into Pakistan’s lucrative e-commerce sector
Pakistani fintech and logistics startup PostEx has announced its acquisition of Call Courier, a local logistics service provider, in an attempt to tap into the country’s e-commerce sector, which is projected to grow to $12 billion by 2025. This transaction combines PostEx’s upfront payments and revenue-based financing to e-commerce sellers with Call Courier’s nationwide logistics… Continue reading PostEx buys logistics firm Call Courier to tap into Pakistan’s lucrative e-commerce sector
SoftBank’s LatAm fund invests $75m in Mexican brokerage GBM
SoftBank‘s Latin America Fund has closed a 1.5 billion pesos ($75 million) investment in Mexican brokerage GBM, the broker said Monday, over a year after the investment plan was announced. It comes after a lengthy regulatory approval process, with the Japanese investor originally touting a much larger figure of “up to $150 million”. The final… Continue reading SoftBank’s LatAm fund invests $75m in Mexican brokerage GBM
SE Asian career platform Glints bags $50m in Series D roundThe funding is co-led by DCM Ventures, Lavender Hill Capital and existing investor PERSOL H…
Southeast Asian career and recruitment platform Glints has bagged $50 million in an oversubscribed Series D round co-led by DCM Ventures, Lavender Hill Capital and existing investor PERSOL Holdings, the firm said on Tuesday. Endeavor Catalyst, as well as returning investors Monk’s Hill Ventures, Fresco Capital and Flipkart co-founder Binny Bansal, participated in the round.… Continue reading SE Asian career platform Glints bags $50m in Series D roundThe funding is co-led by DCM Ventures, Lavender Hill Capital and existing investor PERSOL H…
China to set up firewall between investment bankers and analysts in IPO deals
China’s securities association has drafted rules to set up a firewall between investment bankers and analysts in deals to ensure unbiased pricing of initial public offerings (IPOs), the official Shanghai Securities News reported on Tuesday. Bankers in an IPO deal are barred from discussing profit forecasts and valuations with analysts, who should make conclusions independently,… Continue reading China to set up firewall between investment bankers and analysts in IPO deals
SG blockchain remittance firm Lightnet raises $50m from LDA Capital
Singapore-based blockchain remittance firm Lightnet Group has raised $50 million from alternative investment group LDA Capital, according to a statement. The funds will be used to grow Lightnet’s infrastructure, operations and team. It will also be invested in expanding Velo Labs’ blockchain technology. Velo Labs is Lightnet’s technology partner. Lightnet added in the statement that… Continue reading SG blockchain remittance firm Lightnet raises $50m from LDA Capital
Data Vantage: ESB, AiTreat, Kredit Pintar, Vuihoc and QE Labs collect funding
Indonesian restaurant tech startup Esensi Solusi Buana (ESB) on Monday announced securing $29 million in a Series B round. DealStreetAsia had first reported the funding hours ahead of the company announcement, citing its regulatory filings. Lead investor Northstar Group contributed $16.2 million, while Alpha JWC Ventures invested about $5.5 million. Other investors in the round included… Continue reading Data Vantage: ESB, AiTreat, Kredit Pintar, Vuihoc and QE Labs collect funding
Cleantechnica: Tesla Model Y & Model 3 Two Best Selling Vehicles In California 002207
California is well known as the leader of electric vehicle (EV) sales in the United States, and an early EV policy and sales leader globally. Nowadays, California sales data show that electric vehicles even top the overall automobile sales charts. The latest detailed vehicle sales breakdown out of California shows top Tesla models taking the… Continue reading Cleantechnica: Tesla Model Y & Model 3 Two Best Selling Vehicles In California 002207
Clean Technica: Tesla Buyers On Hunger Strike Until Elon Fixes Their Cars002206
For their part, the people behind the website do seem to have legitimate complaints, as it’s not the first time I’ve read several of the complaints issued in the laundry list of issues the group is asking Musk to fix. Though, clearly, not all of these issues affect all customers, or even most customers.… Continue reading Clean Technica: Tesla Buyers On Hunger Strike Until Elon Fixes Their Cars002206
Game On With the Best Razer Labor Day Deals
While many are champing at the bit for big savings on mid-sized sedans and mattresses this Labor Day, gamers of all stripes will be happy to know that Razer is offering some seriously stellar deals for the three-day weekend. Whether you game on consoles or PC, Xbox Series or PS5, there are plenty of can’t-miss… Continue reading Game On With the Best Razer Labor Day Deals