Abhishek Chatterjee
Stories by Abhishek Chatterjee
SG-based payment services provider NETS’s revenue rose marginally in 2022
Higher expenses, especially on account of employee compensation, dragged down profit.
Singapore-based Shiok Meats’s loss surged 26% in 2022
Losses widened due to surge in employee benefits expenses and research costs.
Data Vantage: SIRCLO, Mandaya Medical, LionsBot receive capital; EKRUT gets new owner
E-commerce enabler SIRCLO received fresh funding this week.
Bangladesh B2B startup ShopUp doubles revenue in 2022, but fails to put a lid on losses
The company’s net loss ballooned 84.8% to $42.7m in the year ended June 30.
Indonesian edtech firm Ruangguru turns profitable in 2021
Its revenue also surged 62% during the same period.
Data Vantage: Flash Coffee, Thunes allot shares; DeClout and others file financials
Flash Coffee allotted shares worth $7.85 million this week to investors, including White Star Capital.
Data Vantage: TransTRACK, SkorLife, Dailybox and BuyStars rack up funding
Fleet management startup TransTRACK allotted shares to Cocoon Capital, Goldbell Investments and others this week.
Data Vantage: Lucence, Chalo, PolicyStreet and Janio reveal updates
Precision oncology firm Lucence issued new shares to investors, including Parkway Holdings and Openspace Ventures, last week.
Nearly half of India’s total edtech acquisitions ever sealed were in 2021-22
There have been 129 edtech acquisitions so far in India, of which 55 were in 2021-22.
Data Vantage: Qoo10, AQWIRE, OTSAW, Brik and Ula file updates
E-commerce major Qoo10 allotted shares last week to South Korean VC firm Wonder Holdings.
