Tag: Asia
RaRa Delivery gets $3.25M for its ambitious on-demand delivery plans in Indonesia
RaRa Delivery’s ambitious goal is to offer same-day deliveries in Indonesia without burning cash like many on-demand logistics providers. The company announced today it has raised $3.25 million in seed funding led by Sequoia Capital India’s Surge program and East Ventures. Other participants included 500 Startups, Angel Central, GK Plug…
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South Korean online secondhand marketplace Danggeun Market raises $162M at a $2.7B valuation
Danggeun Market, the publisher of South Korea’s hyperlocal community app Karrot, announced it has raised $162 million in a Series D round of funding with a valuation of $2.7 billion. (By the way, Danggeun means carrot in Korean.) This round of funding was led by DST Global, with additional participation…
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Indian bike taxi service Rapido raises $52 million
Rapido, a bike taxi aggregator in India, said on Monday it has raised $52 million in a new financing round as the six-year-old startup looks to find space in a category dominated by Ola and Uber in the South Asian market. The six-year-old startup’s new funding — Series C —…
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China roundup: Alibaba’s sexual assault scandal and more delayed IPOs
Hello and welcome back to TechCrunch’s China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. A sexual assault case at Alibaba has sparked a new round of #MeToo reckoning in China. Industry observers believe this is…
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Building a growth community in India with Ayush Srivastava of Growth Folks
Indian startups of all sizes are raising record amounts of investment funding this year and getting public exits, as we’ve been covering in recent months. To hear more about the growth behind the numbers we caught up with Ayush Srivastava, a co-founder of growth marketing group Growth Folks (and a…
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Twitter India head moves to a different role
Manish Maheshwari, the head of Twitter India, has taken a new role at the company and is relocating to the U.S., the latest in a series of developments for the American social giant after a tense stand off with New Delhi this year. Maheshwari is moving on from the high-profile…
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