Indonesia’s Bukalapak raises funding from Standard Chartered for expansion
Photo: Bukalapak Premium
Indonesia’s Bukalapak.com has landed funding from Standard Chartered Plc as it makes progress toward raising $200 million to finance its expansion in the country, according to people familiar with the matter.
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[SINGAPORE] Indonesia's Bukalapak.com has landed funding from Standard Chartered as it makes progress toward raising US$200 million to finance its expansion in the country, according to people familiar with the matter. Read more at The Business Times.
Zomato closes $660 million funding round at post-money valuation of $3.9 billion: CEO
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Last Updated: Dec 19, 2020, 08:49 AM IST
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Zomato is also in the process of executing a $140 million secondary transaction, about $30 million of which has already been distributed among former employees, providing them with liquidity.
Zomato closed a $660 million primary financing round at a post-money valuation of $3.9 billion, the platform’s cofounder Deepinder Goyal announced on Friday.
“10 new investors are joining us in our journey. This list includes Tiger Global, Kora, Luxor, Fidelity (FMR), D1 Capital, Baillie Gifford, Mirae, and Steadview,” he said in a series of tweets.
Food delivery in India is rapidly coming out of COVID-19 shadows. December 2020 is expected to be the highest ever… https://t.co/ynABnldD77 Deepinder Goyal (@deepigoyal) 1608304207000