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People Digest: Bertelsmann India Investments and Antler make key appointments

Bertelsmann India Investments has appointed Swati Murarka as its principal, while Antler has appointed new venture partners and an investment director. ....

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eTail Asia 2022: Here's what went down at Asia's largest e-retail summit

According to data shared at eTail Asia, e-commerce sales in SEA will total US$89.67 billion in 2022, an increase of US$15.31 billion from 2021. ....

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Exclusive: Sequoia Capital-Backed Lummo Lays Off 50% Indian Workforce

Most of the laid off employees of Lummo from India were from product, engineering, and design teams along with third-party developers ....

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Jeff Bezos invests in SaaS startup Lummo's Series C round

Jeff Bezos has participated in an $80 million funding round in SaaS startup Lummo that provides a Shopify-like solution ....

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BukuKas gets $50M from investors including DoorDash's Gokul Rajaram and TransferWise founder Taavet Hinrikus – TechCrunch – Bestgamingpro

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BukuKas co-founders Krishnan Menon (left) and Lorenzo Peracchione (proper) with a BukuKas person
BukuKas, a startup targeted on digitizing Indonesia’s small companies, has raised $50 million in Sequence B funding. The spherical included participation from Gokul Rajaram, the DoorDash government, and Taavet Hinrikus, co-founder and chief government officer of TransferWise.
This information comes simply 4 months after BukuKas introduced a $10 million Sequence A led by Sequoia Capital India. BukuKas will use its Sequence B to rent for its engineering and product groups in Jakarta and Bangalore, and launch new companies for retailers.
“We’ve been rising actually quick and there was plenty of curiosity from some superb folks,” chief government officer Krishnan Menon advised TechCrunch. “This isn’t a capital-need primarily based increase, however extra of a tactical increase and having the proper folks again us long run.” ....

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