In addition, GGV Capital led the Indian online education platform Vedantu to complete a US $ 24 million C + round of financing; the 7-month Indian social e-commerce platform Simsim has raised US $ 16 million; Lotte Shopping Korea plans to close 30% of its stores.
Latest epidemic information
Li Xianlong: COVID-19 will have a “significant” impact on Singapore’s economy. According to local media reports, Singapore ’s Prime Minister Lee Hsien Loong said on Friday (February 14) that the regional economy is now more closely linked than when SARS broke out 17 years ago, and the ongoing COVID-19 epidemic will be in the next few years. This quarter has had a significant impact on Singapore’s economy. It is reported that as to whether Singapore must accept temperature screening and other measures as the new normal, Lee Hsien Loong said how long the measures will take depends on the development of the epidemic situation in Singapore and the rest of the world.
India
Innovaccer, a medical data analysis company, has raised $ 70 million in Series C funding. According to Inc42, investors in this round of financing include Steadview, Tiger Global, Mubadala, Microsoft ’s venture fund M12, and more. It is reported that Innovaccer plans to use the latest funds to enhance its data activation platform.
GGV Capital led the Indian online education platform Vedantu to complete a $ 24 million Series C + round of financing. According to Techcrunch, this round of financing will increase the amount of Series C financing to $ 66 million. It is reported that Tiger Global led a $ 42 million Series C financing in Vedantu last August. To date, Vedantu has raised more than $ 80 million in total. Founded in 2011, Vedantu is an Indian online education platform that provides student users with online one-on-one teaching. The company hopes to use the funds raised for technology and content research and development.
Simsim, a 7-month Indian social e-commerce platform, has raised $ 16 million. According to Techcrunch, Simsim raised $ 16 million from seed, Series A, and Series B funding, with the latest Series B funding amounting to $ 8 million. The investors are Shunwei Capital, Accel Partners and Good Capital.
India’s computer shipments hit a six-year high in 2019. According to ET Tech, according to data released by IDC, India achieved 11 million units shipments in 2019, a year-on-year increase of more than 18%. It is reported that the main reason for the increase in shipments is the government-led education program and the upgrade of Windows 10.
Southeast Asia
Gojek announced its accelerator program, Gojek Xcelerate’s third batch of members. According to Tech in Asia, Gojek has selected nine retail startups in the fast moving consumer goods sector as its third batch of members. It is reported that Gojek Xcelerate focused on the vertical field of machine learning in the first issue, while the second issue focused on technology startups founded by women.
B Capital ’s second fund has reached its goal of raising $ 750 million. B Capital, a venture capital firm headquartered in Singapore and the United States, recently announced that its second fund has reached its $ 750 million fundraising target, according to DealStreetAsia. It is reported that in early April 2019, the company ended the first round of fundraising for the fund and raised a total of $ 460 million.
East Ventures leads Indonesian startup Greenly to complete seed round financing. Foreign media news, Indonesian restaurant retail startup Greenly has recently received a seed round of financing, the amount has not been announced. In addition to leading investor East Ventures, several angel investors also participated in this round of financing. The company plans to use the new funds for product innovation, technology development, and to expand its network locally and in other cities.
Latin America
Kaszek Ventures, one of Latin America’s largest investment funds, participated in a $ 8 million financing from Brazilian real estate technology company Docket. According to Contxto, investors participating in this round of financing also include Brazilian venture capital Canary, ONEVC, a seed round venture capital company based in Silicon Valley and Brazil, and Valor Capital, an investment group focused on the US and Brazilian markets. It is reported that as of now, the company has raised a total of US $ 8.5 million.
Middle East
Jordanian fintech company Liwwa has raised $ 6 million in funding. According to Menabytes, the investment was led by the Dutch Enterprise Development Bank FMO, 500 Startups, Edgo VC, EFG-EV and Wamda Capital participate. In addition, Liwwa’s existing investors Bank al Etihad, DASH Ventures and Silicon Badia also participated in the round. According to the statement, Liuwa also raised $ 15 million in debt financing. Liwwa was founded in 2013 to provide loans to small businesses in Jordan and Egypt for approximately $ 100,000.
Others
Rakuten Shopping Korea plans to close 30% of its stores. According to the Yonhap News Agency, Lotte Shopping, a subsidiary of Lotte Group of Korea, announced its annual operating plan on the 13th and decided to carry out the first large-scale reorganization since the establishment of the company. In the next 3 to 5 years, 30% (more than 200) loss-making supermarkets and stores will be closed one after another. . In December last year, Lotte Shopping merged its department stores, supermarkets, e-commerce, and LOHB’s drugstores into one legal entity, and transformed its subsidiaries into departments to operate various businesses. It was co-ordinated and operated by Jiang Xitai, the president of Lotte Group’s distribution BU. (Sina Finance)
Russia plans to build a supercomputer network. According to reports, Russian President Vladimir Putin stated that Russia plans to soon install multiple new supercomputers throughout Russia to improve the status quo of Russia’s supercomputer development. Putin said during a recent visit to the Cherepov Institute of Chemical Technology that Russia plans to expand the size of a high-tech network consisting of supercomputers and data centers, and that the network will no longer be limited to the capital Moscow. (Science and Technology Daily)
文 | 云 晞 @ 出海
Picture | Pixabay
