AdTech

AdOnMo Bags $3 Mn From BAce Capital, Others To Expand To More Cities In India-(30/01/2020)

Hyderabad-based out-of-home (OOH) advertising startup AdOnMo, on Thursday (January 30), announced that it has raised $3 Mn in a funding round led by Ant Financials’ BAce Capital. Astarc Ventures and Mumbai Angels Network also participated in the funding round

INC42

 

Finance

Airtel Payments Bank Raises INR 225 Cr For Deeper Presence In India-(30/01/2020)

Bharti Airtel’s financial service arm Airtel Payments Bank has raised INR 225 Cr from its parent companies Bharti Airtel and Bharti Enterprises to solidify its presence in India and expand to Africa.

INC42

 

Finance

HDFC To Invest $14 Mn In Tech Startups Every Year: Deepak Parekh-(30/01/2020)

In yet another corporate strengthening its commitment to the Indian startup ecosystem, mortgage finance company HDFC, which operates the HDFC Bank, is looking to invest up to INR 100 Cr ($14 Mn) per year in technology startups.

INC42

 

Finance

Policybazaar, Cred backer Ribbit Capital targets $420 mn for new fund-(30/01/2020)

US-based fintech-focussed investor Ribbit Capital, which counts Indian unicorn Policybazaar among its portfolio companies, has floated its sixth global fund

VCCIRCLE

 

Mobility

Electric vehicle mobility startup RACEnergy raises undisclosed seed funding from growX ventures, others-(30/01/2020)

Electric mobility startup, RACEnergy on Thursday said that it has raised an undisclosed amount as part of its seed round led by growX ventures, Prophetic Ventures, and other prominent angels from the energy industry

YOURSTORY

 

Logistics

Singapore’s Anchanto looks to raise $35m in series C round to fuel expansion-(30/01/2020)

Anchanto, Singapore-based ecommerce logistics startups, is looking to raise $35 million in its ongoing series C round as it plans to enter new markets in the future.

TECHINASIA

 

Edtech

Indonesian edtech firm Arkademi secures investment from SOSV-(30/01/2020)

Indonesian edtech firm Arkademi has raised an undisclosed amount of funding from US-based VC firm SOSV to scale its operations.

TECHINASIA