And Carro, Singapore’s used car trading platform, received another $30 million in investment as part of its Series B financing; India’s shared office space GoWork received $53 million in debt financing; Great Wall Motor signed a special investment contract with the Russian government, investing about 4.6 billion yuan
Carro, Singapore’s used car trading platform, received another $30 million as part of its Series B financing. Carro currently operates in more than 30 cities in Singapore, Thailand and Indonesia. Carro said it has used part of the funds to acquire Indonesian e-commerce platform Jualo, which attracts more than 4 million users each month. Jualo’s platform helps Indonesian private and professional sellers trade new and old products including automotive, real estate, fashion and electronics. At the same time, the platform also allows users to post job advertisements.
Singapore health technology startup DocDoc completed $13 million in financing . Founded in 2012, DocDoc focuses on enabling patients to find precisely matched doctors and treatments in the fastest time possible. The company combines the expertise of clinical informatics, artificial intelligence (AI) and medical quality assessment, combined with the patient’s own medical background and economic endurance, to tailor the most appropriate treatment plan for patients. The company currently operates in eight countries with a network of 23,000 doctors and 793 clinics and hospitals.
GoWork, India’s shared office space, received $53 million in debt financing Strong>. The leading investor in this round of financing is the American asset management company BlackRock Group. Company willUse new funds to expand your business, expand your marketing and find potential acquisition targets. GoWork’s competitors include Onov-supported Innov8, WeWork and Sequoia-backed Awfis Space Solutions.
Delhi shared office space Awfis completed $30 million in Series D financing. The leading investor in this round is ChrysCapital, a local Indian PE company. As of now, the company has raised a total of 70 million US dollars. Founded in 2015, Awfis provides customers with short-term office space ranging from one hour to 11 months. Users can make station reservations through the app on Android and iOS platforms. After the reservation is successful, you can enter the office. The supporting services include high-speed Internet access, printing, catering, conference rooms, and housekeeping services. currently has 30,000 stations and more than 25,000 customers in 63 centers in 9 cities.
Fantasy Board Ball game platform BalleBaazi completed $4 million in Series A financing. The company will use new funds to expand its business into new markets and enhance the user’s gaming experience. Prior to this round of financing, the company had received $1 million in investment from its parent company, Baazi Games. BalleBaazi was founded in 2018 to provide a gaming platform for cricket enthusiasts. Through the platform, users can use their cricket knowledge and skills to create their own virtual teams, while earning points based on their true performance.
Great Wall Motors signed a special investment contract with the Russian government The investment is about 4.6 billion yuan. With this investment, Great Wall Motor became the first Chinese auto brand to sign a special investment contract with the Russian government. The funds will be used to build factories including engines, transmissions, and electronic control modules.
Jingdong Become the largest shareholder of Vietnam’s e-commerce platform Tiki. Tiki’s previous major shareholder was Vietnam’s unicorn company VNG. The company has invested $22.4 million in Tiki since 2017. According to VNG’s latest semi-annual financial report, VNG holds only 24.4% of ownership instead of 28.8%. According to information from the Vietnam National Business Registration Portal, Jingdong currently holds 25.65% ownership of Tiki.
Welcome’s Indian e-commerce Flipkart will launch a free video service. According to foreign media, Wal-Mart’s largest e-commerce website in India, Flipkart, said it will launch a free online video service for its 160 million customers this month. The e-commerce company is looking for new ways. To expand its user base in small towns and cities in India. A spokesperson for the company said: “The first contact between most consumers and the Internet is through online video content. Statistics show that video content and entertainment play a key role in connecting consumers to the Internet and experiencing e-commerce.” /span>
Hong Kong financial technology company CompareAsiaGroup 200$100,000 funds. CompareAsiaGroup was established in 2014 as a wealth management platform for banking, insurance products and services. The company says it has 60 million users in six regions. As of now, the company has raised more than 90 million US dollars.