Bangalore-based AttainU, an online platform offering live tuition courses, has won an angel investment funding round led by several of India’s leading tech lights. The backers include ex-Google India chief Shailesh Rao,…
2019 Red Herring Asia – Attendee Registration Form
Venue: Shangri-La Hotel – Bangkok, Thailand (October 8th-10th) Join us in October 2019 to celebrate the top private companies in Asia. Red Herring’s editorial team will analyze hundreds of cutting-edge companies and…
Alibaba Pays $2bn for Chinese E-Commerce Firm Kaola
Chinese tech giant Alibaba has acquired e-commerce site Kaola from compatriot NetEase for around $2 billion. Kaola, which sells imported goods in China, and competes with JD.com’s JD Worldwide, and Alibaba’s own…
$120m Funding Round Propels CRED to India’s Top Fintech Table
Barely nine months old, Bangalore fintech firm CRED has just won a $120 million Series B funding round that launches it to the forefront of India’s booming digital credit industry—and its founder…
Diagnostics Startup Atonarp Wins $33m Series C Round
Tokyo-based Atonarp, a high-molecular diagnostics firm, has raised $33 million in a Series C funding round. The round, which Atonarp has announced was oversubscribed, introduced five new investors to the company including…
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Thai Workplace App Eko Wins $20m Funding Round
Bangkok-based workplace app firm Eko has secured a $20 million Series B funding round, as it expands into the European market with a London office. The round was led by Indonesian VC…
Anger in Israel as Airbnb Bans Settlement Properties from Site
Airbnb will pull property listings in the Israeli-occupied West Bank, prompting a political backlash in Jerusalem. The vacation rental firm had come under criticism for failing to mention that dozens of homes…
Deals of the Week: Hashicorp goes Unicorn, Chinese Coffee Burns Cash and Grab Gets Bumper Funding
Hashicorp: The Young, Hot Startup Worth $1.9 Billion Hashicorp is an open-source software firm that has quickly gained traction. Last Thursday, investors stumped up $100 million that valued the company at $1.9 billion.…
How Sefamerve Aims to Master the $254bn Islamic Fashion Market
Islamic fashion, oftentimes known as modest fashion, is a $254 billion market. Perhaps it’s surprising, then, that so few startups have made a successful go at dominating it. Sefamerve, a Turkish e-commerce…