Social Bella raises US$40m Series D funding led by Temasek, EV Growth

INDONESIAN beauty e-commerce startup Social Bella has raised US$40 million in Series D funding co-led by venture firm EV Growth and Temasek, the company announced on Monday.

Businesses should keep all avenues of funding open

THERE are generally three growth phases in a small and medium-sized enterprise's (SME) life cycle - start-up, growth and maturity. Challenges faced by a business in the 'growth' stage, such as...

CompareAsiaGroup raises US$20m in Series B1 investment

COMPAREASIAGROUP, parent company of financial comparison site SingSaver, has raised US$20 million in its first close of Series B1 investment led by information services firm Experian.

Healthcare firm Halodoc raises about US$100m in Series B, B+ rounds

INDONESIAN healthcare startup Halodoc has announced additional fund raise in a Series B+ round from strategic investors, including Bill & Melinda Gates Foundation, Allianz X and Prudential....

US-based Accel backs familiar faces at startup Travelstop in US$3m round

US venture firm Accel is putting money behind business travel management startup Travelstop, reuniting the investor with alumni from vacation rentals platform Travelmob.

Chinese tech company seeks US$500m to prepare for tough times

[HONG KONG] Tencent Holdings Ltd.-backed grocery delivery startup Missfresh is seeking up to US$500 million of new funding to help tide it over tougher times, according to people familiar with the...

Grab obtains investment, partnership from consumer credit giant Experian

CONSUMER credit giant Experian is investing in Grab's latest financing round, and partnering it to boost the Singapore startup's consumer financial services. The amount of investment was not...

Indonesia logistics startup Waresix raises US$14.5m in Series A funding

INDONESIAN logistics startup, Waresix, has secured US$14.5 million in a Series A funding round, led by EV Growth, a South-east Asia growth fund set up by regional venture capital (VC) firm East...

Grab gets additional US$300m in funding from Invesco

RIDE-HAILING giant Grab has secured US$300 million in additional funding from global independent investment management company Invesco to further its expansion efforts in the region.

Small businesses across Asia-Pacific turning to new funding sources

SMALL businesses in the Asia-Pacific, facing a capital crunch, are turning to new funding sources, according to Economist Intelligence Unit (EIU) research commissioned by Mastercard.

Singapore VC BlueRed Partners leads US$22m Series B round in sugar reduction startup DouxMatok

LOCAL venture capital firm BlueRed Partners has led a US$22 million Series B funding round in Israel-based sugar reduction solution startup DouxMatok.