FinTech

Windrose Capital leads funding round in mutual fund platform Nivesh.com

Noida-based Nivesh.com, a distributor of mutual fund products, has raised USD 600,000 (INR 4.3 crore at current exchange rate) funding led by Pune-based existing investor Windrose Capital.

Source: VCCIRCLE

 

E-Commerce

Sharia-compliant social commerce startup Evermos bags a little over USD 8.2m

Muslim-focused social commerce platform Evermos has closed its over USD 8.2 million series A round led by Singapore-based VC firm Jungle Ventures.

Source: TECHINASIA

 

HealthTech

Singapore healthtech startup Hummingbird banks USD 19m in series B round

Singapore-based biotherapeutics startup Hummingbird Bioscience has raised USD 19 million in a Series B round co-led by Korean investors Mirae Asset Venture Investment and GNTech Venture Capital.

Source: TECHINASIA

 

Fashion and Lifestyle

Fashion rental startup Style Theory bags USD 15m in SoftBank-led round

Singapore-based fashion rental subscription platform Style Theory has raised USD 15 million in a Series B round led by SoftBank Group’s early-stage venture arm, SoftBank Ventures Asia.

Source: TECHINASIA

 

Consulting Tech

Wavemaker-backed Lynk raises funds in a round led by MassMutual Ventures

Hong Kong-based startup Lynk has raised an undisclosed sum in a funding round led by Singapore’s MassMutual Ventures Southeast Asia.

Source: TECHINASIA

 

Others

Punjab Govt To Set Up INR 100 Cr Startup Fund To Boost MSMEs, Entrepreneurship

The Punjab government, on Friday (December 6), announced its plan to set up an INR 100 Cr startup fund to support the MSME (micro, small and medium enterprises) sector and entrepreneurship. The announcement was made by Chief Minister Captain Amarinder Singh at the two-day Progressive Punjab Investors Summit-2019.

Source: INC42