And, Amazon launched Audible Suno new audio service in India; UberEats India business sale or will be finalized with a valuation of about $ 400 million.
India
Amazon launches new audio service Audible Suno in India. According to TechCrunch, Amazon recently launched a new audio service called Audible Suno in India, which allows users to listen to “hundreds of hours of audio content for entertainment, education and learning” for free. (Pin play)
The sale of UberEats’ Indian business may be finalized, with a valuation of about $ 400 million. According to TechCrunch reports, three people familiar with the matter said that Uber is in talks to sell its takeaway service UberEats’ Indian market business to local rival Zomato, and is now in the late stages. A source said that UberEats’ Indian market business was valued at approximately $ 400 million in the transaction, and as part of the transaction, Uber may invest between $ 150 million and $ 200 million in Zomato and acquire Zomato shares. (Pin play)
EaseMyTrip, an Indian online travel platform, plans to raise $ 72 million in an IPO. According to ET Tech, New Delhi-based EaseMyTrip has submitted documents to the Indian Securities and Exchange Commission. It is reported that EaseMyTrip was founded in 2008 by Nishant Pitti and Rikant Pitti, and provides services such as air ticket booking, hotel and vacation package benefits.
Southeast Asia
The Azalea Fund Management Company, a subsidiary of Temasek Holdings, completed its private equity fund Altrium, raising a total of $ 650 million. According to DealStreetAsia, the amount of funds raised by Altrium has exceeded the original goal of US $ 400 million.
Indonesia e-wallet Ovo launches MSME loan product “DanaTara”. According to Tech in Asia, Ovo recently launched a new service designed to provide financing channels for micro, medium and small (MSME) businesses. It is reported that DanaTara will provide MSME with a loan of approximately US $ 35,000 with a repayment period of up to 12 months.
Latin America
The Brazilian financial services platform XP will be listed on Nasdaq with a valuation of $ 14.9 billion. According toReuters reports that XP has set the issue price of its Class A common stock on the NASDAQ exchange at $ 27 per share, an increase from the previous issue of $ 22-25, which will become the largest Brazilian company this year. IPO. According to sources, XP is valued at $ 14.9 billion, and its shareholders include US private equity fund General Atlantic LLC, Brazil’s largest private sector bank Itau Unibanco Holding SA (ITUB4.SA) and founder Guilherme Benchimol.
Loft, a Brazilian real estate technology company, raised $ 52 million for its real estate fund Loft I FII. According to Contxto, the funds raised in this round will be managed by Credit Suisse Hedging-Griffo. It is reported that, depending on the future real estate market, Loft will use these funds to buy or resell more than 1,200 apartments in Sao Paulo within the next two years.
Africa
The Nigerian fintech startup OPay, hatched by Opera, has newly launched the “Instant Message Push” feature, or it will become the “African WeChat”. According to Techpoint Africa, OPay’s instant messaging push feature “Friends” allows users to have real-time conversations, share payments, and quickly transfer funds. Ridwan Olalere, OPay’s senior director of operations, said the “friends” feature is a necessary step for the company to make OPay a living app.
Middle East
Middle East B2B flower e-commerce platform Floranow has completed a $ 3 million Series A financing. According to Menabytes, this round of financing was jointly led by Wamda Capital and Global Ventures. Existing investors Dash Ventures and Jabbar Internet Group, as well as new investors such as Sirocco Holdings and Adamtech Ventures also Participated in this round of financing.
Others
Pathhao, a Bangladeshi ride-hailing and takeaway software backed by Gojek, announced it will merge with digital payment startup SureCash in the country. According to DealStreetAsia, according to several local reports, PatThe merger negotiations between hao and SureCash have entered a later stage. It is reported that the two companies will continue to operate independently after the merger.
The travel bot service provider “TravelFlan” has completed a $ 7 million Series A funding round. Going abroad learned that TravelFlan, a chat robot service provider focused on the segmented travel scene, completed a $ 7 million Series A investment led by SPK AI Travel Tech Fund, Linear Capital, Construction-Radiant Tech Venture Capital Fund, Hong Kong ITVFC funds and others followed. TravelFlan was founded in 2015. It has two technologies, AI chatbots and a one-stop management system that aggregates the resources of partners.
Baby Tree announced a strategic cooperation with Tokyo Capital TV. It was learned that Baby Tree held a press conference in Tokyo, Japan, and announced that it had reached a strategic cooperation with Tokyo MX, and plans to jointly establish a JV company in Japan, focusing on exploring and linking Japanese origin to Chinese families and mother groups. Consumer Goods. At the same time, Baby Tree will also jointly build a new cross-border consumption ecology for Chinese families through in-depth cooperation with upstream and downstream companies in the Chinese and Japanese household consumption industries.
文 | 云 晞 @ 出海
Edit | Jason @ 出海
Picture | Visual China