Febe Ventures News Today

Bringing you the latest updates on funding deals and activities in the Asia Pacific.

Bringing you the latest updates on funding deals and activities in the Asia Pacific.

Singapore-based Reefknot Investments has invested $11 million in a Filipino startup that seeks to streamline logistics solutions for e-commerce players across the Asia-Pacific region.

This week, Indian startup ecosystem has managed to raise $455 Mn across 24 deals, a 258% jump from $127 Mn raised last week across 20 deals

Singapore-based logistics firm Locad on Monday said it has received $11 million in a Series A funding round led by Reefknot Investments.

When Constantin Robertz was working at Zalora, he was involved in moving warehouses six times as the e-commerce company outgrew its logistics infrastructure. This inspired him to co-found Locad, a logistics provider for omnichannel e-commerce companies that connects its network of third-party warehouses and shipping carriers with a cloud-based platform referred to its “logistics engine.”

Locad's funding round saw participation from Sequoia India’s Surge, Febe Ventures, Antler, Access Ventures, JG Summit and WTI

Stay connected with Business News This Week for business news, news this week, news headlines, business news, health, education, startups

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

Logistics startup Locad raises $11M for ‘retail fulfillment-as-a-service’ - SiliconANGLE