The startup funding environment is more challenging right now, but some companies and industries still draw investors’ attention and money. The luxury fashion resale market is one of them in Asia. Kream, a reselling platform that buys, sells and trades luxury goods like handbags, clothing, accessories, said it has completed $168 million (220.6 billion won) […]
Reselling marketplace Kream’s valuation rises to $742M with $168M Series C by Kate Park originally published on TechCrunch
Southeast Asia’s mental health startups are getting more investor attention. Last week, Intellect announced a strategic investment from IHH Healthcare, Asia’s largest private healthcare group. Now Thoughtfull, another digital mental health platform focused on Asia, has raised $4 million in a pre-Series A round led by Sheares Healthcare Group. Sheares is a wholly-owned subsidiary of […]
Temasek’s Sheares Healthcare backs Asia-focused mental health startup Thoughtfull by Catherine Shu originally published on TechCrunch
India’s Enforcement Directorate is investigating “several” crypto cases for money-laundering schemes and has seized $115.5 million to date in such crimes, the Ministry of Finance said, the latest in a series of crackdown by the authorities on the nascent space that is already reeling from the tremulous market conditions. The Indian crime fighting agency has […]
India probing ‘several’ crypto cases for money laundering, seizes over $115 million by Manish Singh originally published on TechCrunch
Over the last three years, Ho Chi Minh City-based Medigo has grown to 500,000 active users by providing 24/7 one-demand prescription delivery services. Now it’s planning to grow its telehealth ecosystem with $2 million in new funding by East Ventures, with participation from Pavilion Capital and Touchstone Partners. The new capital will allow Medigo to […]
Medigo’s app makes prescription deliveries available 24/7 in Vietnam by Catherine Shu originally published on TechCrunch
The sudden collapse of Silicon Valley Bank, which served as lifeblood for startups, is also impacting firms 8,000 miles away. Dozens of young Indian startups backed by the likes of YC, Accel, Sequoia India, Lightspeed, SoftBank and Bessemer Venture Partners banked with Silicon Valley Bank, sometimes as their only banking partner, and couldn’t take out […]
Silicon Valley Bank collapse is impacting many Indian startups by Manish Singh originally published on TechCrunch
Prosus is actively engaging with multiple players to explore sale of classified business Olx’s Autos unit in several markets including India and Indonesia, according to a source familiar with the matter. In a statement, the technology investor said pursuit of a global growth strategy for Olx’s automotive business “is no longer the right approach for […]
Prosus in talks to sell Olx Autos business in India, other markets by Manish Singh originally published on TechCrunch
