Singaporean start-up Insider recently announced it has raised US$121 million in series D funding, giving it a valuation of $1.22 billion and making it the second business-to-business Software-as-a-Service (B2B SaaS) unicorn in Asia.
Tech giant VNG has invested US$22.5 million in Telio, the first business-to-business e-commerce platform in Viet Nam, in its pre-series B funding round.
Geniebook, Singapore’s online learning platform for the English, Mathematics and Science (EMS) syllabus, has secured US$16.6 million in a Series A funding round which was led by East Ventures, Lightspeed Venture Partners and several prominent angel investors.
Viet Nam-based e-commerce enabler OnPoint closed over US$8 million in Series A funding round to accelerate its revenue growth and to develop innovative e-commerce solution for its roster of blue chip clients.
Telio, Viet Nam’s first Business-to-Business (B2B) e-commerce platform, has successfully raised a US$25 million Series A funding round led by investor Tiger Global.
RedDoorz, the Southeast Asia’s hotel management and booking platform, announced it has raised US$70 million at first close of a larger Series C funding on Monday.
Cinnamon Inc., an Artificial Intelligence (AI) start-up based in Tokyo and Viet Nam, has successfully raised US$15 million in Series B funding for its expansion of operations in the US market.
Viet Nam’s fitness platform WeFit.vn has successfully raised US$1 million in a pre-Series A funding round from Japan’s CyberAgent Capital, the Republic of Korea’s KBInvest and undisclosed angel investors.