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This is Classplus second offer in three years to repurchase shares issued under its employee stock ownership plan (Esop). More than 150 employees across roles and business verticals are eligible to sell their vested shares to the company, the edtech startup said in a news release. The youngest participant in this buyback is a 23-year-old, while the average age of the eligible staffers is 28 years, cofounder and CEO Mukul Rustagi said.

The start-up said it will invest the capital in designing research and development and technologies

Bringing you the latest news briefs on fundraising activities in the Asia Pacific.

Textiles and garments contribute 16% of Vietnam’s total GPD, but it’s challenging for small garment brands to take advantage of the country’s manufacturing prowess. Inflow is stepping into the gap, with a platform that gives small brands visibility into manufacturers' supply chains and the design-to-production cycle. It also helps them meet manufacturers who are willing to produce smaller quality of garments. The Vietnam-based startup announced today that it has raised $2 million in seed funding. Investors included AppWorks, 500 Global, January Capital, Spiral Ventures and Saison Ca...

This week, we put a number to the gender diversity problem in SE Asia's VC ecosystem.