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GoFood digs up food accelerator

Gojek’s food delivery unit has partnered Digitaraya and two individuals to form a startup accelerator called Digitarasa which will have a planned four cohorts in 2020.

Feb 26, 2020

Hadasit revisits Kahr in $18m round

Existing investor Hadasit Bio-Holdings took part in a round that pushed the immuno-oncology therapy developer's overall funding tally to more than $35m.

Feb 25, 2020

IntrCity reaches funding destination

Samsung Venture Investment has invested in train ticketing portal RailYatri's bus spinoff, IntrCity, as part of a $13.5m round.

Feb 25, 2020

Grab takes $856m amidst Gojek merger rumours

Reports suggest Grab, which just raised $856m from strategic partners TIS and Mitsubishi UFJ Financial Group, is in talks to merge with rival Gojek in a $23bn deal.

Feb 25, 2020

Rupeek scoops up $60m

Gold-based lender Rupeek, which counts Bertelsmann India Investments as a backer, has snagged funding at a valuation of more than $300m.

Feb 25, 2020

Vogo scoots to $19m series C

Ola-backed urban mobility service Vogo secured the funding at a reported valuation of just over $76m, with LGT Lightstone leading the round.

Feb 25, 2020

JD.id identifies unicorn valuation

The Indonesian e-commerce platform, formed by China-based JD.com and Provident Capital, is valued at at least $1bn and may have Gojek as an investor.

Feb 24, 2020

Guoquan Shihui cooks up $50m series B

The hot pot and barbeque ingredient retailer, which counts Sanquan Food as an investor, has now secured more than $53m in the past six months.

Feb 24, 2020

Schneider Electric plugs into $120m Grove fund

Venture capital firm Grove Ventures has closed its Grove II fund at $120m that includes a $10m investment from Schneider Electric.

Feb 24, 2020
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