Anjali Ghodvaidya
Stories by Anjali Ghodvaidya
People Digest: Vimeo, UpScalio & Moglix lay off staff
UpScalio has laid off 15% of its employees, while Vimeo has fired 11%.
Potentia Capital picks up stake in Australian communication tech firm Soprano Design
The firm has acquired a 25% stake in Soprano Design for $45m.
India Digest: Religare plans to raise $96m; Silver Consumer Electricals bags $48m
Pantomath Capital Advisors Private Limited acted as the sole investment banker for the round
India-based Quest Investment Advisors closes $59m Category III AIF fund
The tenure of the fund is four years and can be extended by two years.
GIC, Saudi wealth fund to invest $785m in South Korea’s Kakao Entertainment: report
Kakao Entertainment's IPO is due this year.
Weekly roundup: BillionBricks raises $2.45m and other SE Asia deals
The company seeks to transform wastewater into biogas in Indonesia.
SCI Ecommerce incurs net loss of $2.4m in 2021, revenue surges 148%
The company had posted a profit of $0.3 million in 2020
South Korean fintech startup Toss completes $405m Series G funding
Tonic Private Equity, a fintech-focused PE firm, led the funding round along with others.
Crypto trader Amber raises $300m to offset fallout from FTX collapse
In February, the company raised $200m in a Series B extension led by Temasek, valuing it at $3b.
Solar energy startup Sun King raises $70m in Series D extension led by LeapFrog
Sun King had raised $260m in the first tranche of its Series D in April.