[Funding Galore] From PhonePe To Locad — Indian Startups Raised $455 Mn This Week
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
Source: inc42.com
![[Funding Galore] From PhonePe To Locad — Indian Startups Raised $455 Mn This Week - Vimarsana News](https://inc42.com/wp-content/uploads/2023/01/Funding-galore-social-6.png)
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Asia Digest: Bain Capital invests in PeopleFund; BillEase partners with Alipay+
BillEase is the first Philippines-based BNPL provider to partner with Alipay+.
Source: dealstreetasia.com
P2P lending platform PeopleFund raises $20M Series C extension led by Bain Capital
People Fund, a South Korean peer-to-peer lending startup, has recently added $20 million to its Series C led by Bain Capital.
Source: techcrunch.com
Former Zalora, Grab execs' logistics startup Locad bags $11m in Series A funding
Singapore-based logistics firm Locad on Monday said it has received $11 million in a Series A funding round led by Reefknot Investments.
Source: dealstreetasia.com
Locad lands Series A to expand its "logistics engine" across Southeast Asia and Australia • TechCrunch
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.”
Source: techcrunch.com