Hong Kong-based fashion e-commerce startup Grana, which had earlier raised $16 million in venture funding from backers including Alibaba, announced today that it has raised an undisclosed amount in venture debt from city-based STI Financial Group.
According to newswire Nhipcaudautu, Tiki.vn has received an investment capital worth VND1 trillion ($44 million) from JD.com to serve its plans to expand its operations.
Social marketplace Poshmark, the app for fashion consignmen, has raised another $87.5M investment led by Singapore-based Temasek.
Singapore-based co-living rental startup Hmlet has raised a US$1.5 million in a seed round led by Aurum Investments.
Singapore-based fintech startup iPaymy has secured a $1 million funding led by BEENEXT and Digital Garage Incubation.
Indonesia-based tax app provider OnlinePajak has raised a Series A round of about $3-5 million led by local venture capital firm Alpha JWC Ventures and joined by Sequoia Capital.
WeLab, a Hong Kong-based financial technology firm backed by billionaire Li Ka-shing, has raised $220 million in new funding from investors including Credit Suisse Group AG and the World Bank’s International Finance Corp.
Singapore-based Smartkarma, an online marketplace for investment research on Asian companies with professional investors, has raised US$13 million (S$17.7 million) in a round led by Sequoia India to expand its sales and distribution overseas.
Malaysia-based local services startup Kaodim has raised $7 million in a funding round led by Australia venture capital firm Square Peg Catital and Shang-hai-headquartered SIG Asia Investments.
Indonesia’s ride-hailing service is reportedly to make a strategic investment in payments gateway startup Midtrans, according to three people aware of the development.