beenext

Google backs Indian rewards payments startup Twid

Twid, an Indian startup operating a rewards-based payment platform, has raised $12 million to scale its network of merchants and issuers and expand its solution in the South Asian market. Rakuten Capi

Google’s Africa Investment Fund makes first investment in Uganda’s SafeBoda

Internet giant Google announced today that it has made the first investment from its Africa Investment Fund in Ugandan super app SafeBoda. The undisclosed investment comes two months after Alphabet CE

FloBiz raises $31 million to scale its neobank for small businesses in India

FloBiz, an Indian startup that is building a neobank for small- and medium-sized businesses in the South Asian market, said on Monday it has raised $31 million in a new financing round as it works to

Amazon backs Indian wealth management service Smallcase in $40 million funding

Amazon has entered the financial services and insurance markets of India in recent years. Now it is paving the way to foray into the wealth management category. The American e-commerce giant has backe

India’s BharatPe valued at $900 million in new $108 million fundraise

India may soon have another fintech unicorn. BharatPe said on Thursday it has raised $108 million in a financing round that valued the New Delhi-based financial services startup at $900 million, up f

India’s Mfine raises $17.2M for its digital healthcare service

Mfine, an India-based startup aiming to broaden access to doctors and healthcare by using the internet, has pulled in a $17.2 million Series B funding round for growth. The company is led by four co-f

Flipkart co-founder and other top names join AngelList’s first investment syndicate in India

A little over a year after it introduced Syndicates to the India market, AngelList — the U.S. service that helps connect companies with investors — is rolling out its own fund in the count

Go-Jek buys fintech startup Coins.ph for $72M ahead of Philippines expansion

Ride-hailing startup Go-Jek’s expansion into the Philippines ran into problems earlier this month over its ownership structure, but that isn’t deterring the Indonesian company from investi

Hyundai leads $14.3M investment in Indian car rental startup Revv

Korean automaker Hyundai is jumping into India’s on-demand mobility space after it led a $14.3 million investment in car-rental startup Revv. Hyundai, which is the second largest seller of cars

HackerEarth raises $4.5M to bring ‘hacker culture’ into corporate companies

HackerEarth, an Indian startup that grew from arranging hackathon to offering corporate innovation services, has closed a $4.5 million Series A funding round. The Bangalore-based company said the fu

Zilingo lands $8M for its marketplace for fashion sellers in Southeast Asia

Zilingo may not be a name known to many prior to today, but the under-the-radar e-commerce company has closed a impressive $8 million Series A round to scale its fashion-focused marketplace in Southea

Indian used car platform Droom gets Series B to enter Southeast Asian markets

Droom, one of several startups taking advantage of India’s booming secondhand vehicle market, is planning to enter new countries after raising a Series B from Beenext and Digital Garage. The company

India’s NoBroker Lands $10M To Make Property Agents Obsolete

Brokers, agents and middleman are the perennial pain the backside when it comes to finding and renting a new house. NoBroker, an India-based startup that operates a peer-to-peer rentals site, has clos

Indian Startup CREO Raises $3M To Build Its Own Android-based OS And Smartphones

CREO is a new startup in India with big ambitions. It not only wants to create a new Android-based operating system, but also produce its own smartphones. The Bengaluru-based company announced today t