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3643

Bengaluru-based neo-banking startup NiYO raises $35 million in series B round

via The Indian Wire

NiYO Solutions, a Benglauru-based neo-banking startup has raised $35 million in a Series B funding round. The round was led by Horizons Ventures and Tencent. While, the company’s existing investor JS Capital also participated in the funding round.

The company plans to use the funding to accelerate the development and rollout of new product offerings. It will also use funds to amplify distribution and marketing. (more…)

Banks, Deals, India, InspirAsia

July 10, 2019

Used Daily By 750K Workers, Slack Raises $160M, Valuing Collaboration Startup At $2.8B

TECHCRUNCHSlack, the popular workplace communication and collaboration startup from Flickr co-founder Stewart Butterfield — is today confirming that it has raised its latest round of funding: a Series E of $160 million at a post-money valuation of $2.8 billion. This follows on from reports from us and others that it was raising funding at upwards of a $2 billion valuation — a massive premium on its $1.12 billion valuation in October 2014. (more…)

Deals, Fintech news, news

April 16, 2015

1769

Hong Kong Tycoon Li Ka-shing Ventures Deeper Into Tech

THE WALL STREET JOURNALWhen the venture-capital fund of Li Ka-shing, Asia’s richest man, hosted a gathering of its portfolio companies in Shanghai last year, it broke the ice with a scavenger hunt. 

(more…)

China, InspirAsia, news

March 29, 2015