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Page 394

Swiggy speeds toward $750m

The food delivery platform, which has expanded significantly this year, is reportedly close to pulling in $350m or more from Naspers as part of a round valuing it at $4bn.

Aug 2, 2019

Corporates gain Ground in new round

Sony and JA Mitsui helped provide $15.8m for the Daiwa House-backed logistics technology developer to enhance its AI and robotics-powered supply chain and e-commerce technology.

Aug 2, 2019

MassMutual assists Aspire in series A round

Massachusetts Mutual Life was among the participants in the $32.5m round, which will help the online business lending service expand its presence in Southeast Asia.

Aug 2, 2019

Beeplus builds up series B round

The co-working space network increased the overall size of its series B round to approximately $14.5m, following two tranches – one of which was backed by Zhuhai Da Heng Qin.

Aug 2, 2019

Rebel Foods strikes $125m series D deal

Rebel Foods has grown its valuation to $525m after raising $125m in a series D round that featured a previously disclosed commitment from Go-Jek.

Aug 1, 2019

Yuyue cues up $145m medical technology fund

The medical equipment provider has committed $14.5m to a medical technology-focused vehicle it will run in partnership with Sharewin Investment.

Aug 1, 2019

Tink Labs to conclude its work

The Foxconn and TCL-backed hotel electronics producer is reportedly set to shut down today, less than a year after targeting funding at a $1.5bn valuation.

Aug 1, 2019

TDK expands corporate venturing team

Anil Achyuta and Andrew Maywah have left L’Oréal and Silver Tiger Capital respectively, to join TDK Ventures as investment directors.

Aug 1, 2019

Hello Heart pumps in $12m

Wanxiang-backed Hello Heart, the developer of a home blood pressure-monitoring system, collected $12m in a round led by Khosla Ventures.

Aug 1, 2019

NextTech initiates $10m fund

E-commerce group NextTech has put $10m into a corporate venturing fund that will make investments in Vietnam's tech startup ecosystem.

Aug 1, 2019
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