In addition, Jumia sold its subsidiary Jumia Travel to online flight booking platform Travelstart; Nigeria’s classified advertising and e-commerce platform Jiji completed a $ 21 million Series C financing.

Southeast Asia

Singapore electric scooter startup Neuron Mobility completes $ 18.5 million in Series A financing. According to KrASIA, this round of financing was led by California-based cross-border fund GSR Ventures and Australian venture capital firm Square Peg. Existing investors SeedPlus and SEEDS Capital also participated in the round. Round financing. It is reported that the company raised $ 3.8 million in a seed round of financing in December 2018. Neuron Mobility was established in 2016 to provide shared electric scooter services in Singapore, Malaysia, Thailand and Australia. It is reported that the funds raised will be used for market expansion and technology research and development.

Achmad Zaky, co-founder of Indonesian unicorn Bukalapak, stepped down as CEO and is replaced by financier Rachmat Kaimuddin. According to KrASIA, Bukalapak announced on Monday that financier Rachmat Kaimuddin will replace co-founder Achmad Zaky as the company’s new CEO starting January 2020. It is reported that Kaimuddin previously served as the Financial Planning Director of Bukopin Bank, Indonesia. Bukalapak said Zaky will continue to be a consultant and technology entrepreneur mentor, as well as chairing the upcoming Achmad Zaky Foundation.

Rocket Internet-invested beauty service booking platform Vaniday will close in Singapore. According to Tech in Asia, the company will no longer provide scheduled services after December 15. Previously, Vaniday also ceased operations in Australia, Italy, the UAE, Russia and Brazil. At the time, the company’s CEO said it was to further focus on Southeast Asia.


BYD has signed an agreement with Indonesian taxi operator Blue Bird to purchase 200 T3 electric vehicles. According to the Securities Times report, on December 9, Indonesia’s largest taxi operatorBlue Bird and BYD officially signed a cooperation agreement and announced the purchase of 200 BYD T3 electric vehicles, which is by far the largest pure electric taxi project in Indonesia.

OYO founder Ritesh Agarwal completed a capital injection of $ 693 million into the company. According to Inc42, on December 6, the company issued 13,169 shares with a face value of 1 rupee to Agarwal’s previously established RA Hospitality Holdings (Cayman) at a premium of 3753434.03 Indian rupees, totaling 49.421 billion Indian rupees (about (US $ 693 million). The acquisition offer was made at a board meeting on November 21. In addition, the company’s board of directors also approved the issuance of 15,325 F-series compulsory convertible preferred shares to SVF India Holdings, a subsidiary of SoftBank Vision Fund, at a value of 806.7 million. US dollars. After the transaction is completed, Agarwal is expected to hold 18.03% of the company’s shares, which is higher than the 9.43% shareholding before the investment.

Licious, an Indian meat and seafood supplier, is raising US $ 25-30 million in financing and negotiations are in the late stages. According to ET Tech, sources familiar with the matter said that the Series D financing may be led by Vertex Ventures, a wholly-owned subsidiary of Singapore’s Temasek Group, and existing investors of Delightful Gourmet, the parent of Licious, will follow suit. . The latest round of financing is expected to be completed within the next few days. The company’s valuation will be between 250 million and 300 million US dollars, which is a significant increase compared to the previous round of equity financing of 150 million US dollars.

The Moms Co, a consumer product startup for mother and child health, has completed a $ 10 million Series B financing. According to ET Tech, existing investors in The Moms Co include DSG Consumer Partners and Saama Capital. It is reported that the Delhi-based company will use the proceeds of Series B financing to expand its product range, technology and offline business in the next 18 months.


Jinni, a cleaning services startup in Egypt, received a six-figure investment. According to Disrupt Africa, the company was founded in 2016 and its mobile app provides different types of cleaning services to residential and corporate customers. In the past three years, Jinni has served more than 3,000 residential customers and completed more than 12,000 orders. Corporate customers include Uber, Modelez International and Egypt Steel.

Jiji, a classified advertising and e-commerce platform in Nigeria, has completed a $ 21 million Series C financing. According to Techpoint Africa, this round is led by Knuru Capital. Earlier in April, the company also acquired its main competitor OLX and expanded its operations to Ghana, Kenya, Tanzania and Uganda.

Jumia sells its subsidiary, Jumia Travel, to Travelstart, an online ticket booking platform. According to Techpoint Africa, it is unclear whether this is a merger or an acquisition. By the end of working hours on Monday, Jumia Travel’s website will redirect to Travelstart’s website. Corporate businesses including revenue management, customer service, and corporate sales will all be operated by Travelstart. A few weeks ago, Jumia closed its e-commerce operations in Tanzania and Cameroon and laid off staff in Kenya.

Latin America

Spanish fintech company Latinia invests in Mexican digital bank Flink. According to Contxto, the amount of investment has not been disclosed. Flink claims it has about 100,000 customers and adds 1,500 new customers every day.

文 | 郭 沈 @ 出海 ; 云 晞 @ 出海

Edit | 赵小 纯 @ 出海

Picture | Pexels

Zaihai Daily | OYO founder Ritesh Agarwal injected US $ 693 million into the company; Indonesian unicorn Bukalapak changes manager

Zaihai Daily | OYO founder Ritesh Agarwal injected US $ 693 million into the company; Indonesian unicorn Bukalapak changes manager