500 Startups, the Silicon Valley based accelerator and early stage, has launched a new $25M regional fund focused on India, Sri Lanka and Bangladesh.
Daraz, an online retailer in Asian frontier markets, secured €50m (approx. $55m) in the first financing round.
SureCash Pte Ltd*, a Bangladesh-based fintech startup, raised $7m in Series B venture capital funding. The Osiris Group made the investment, which followed a Series A round raised from a group of Japanese investors specializing in the e-commerce industry. Founded in 2010 by Dr. Shahadat Khan, SureCash operates a mobile banking and payment platform that […]
San Jose, CA-based venture capital firm Fenox Venture Capital is launching a $200m fund focused on Bangladesh. Led by serial entrepreneur Shameem Ahsan*, now named a General Partner of Fenox Venture Capital, the new fund will invest in startups in the technology, Internet and media sectors across the country. Founded in 2011 by Dr. Anis Uzzaman, Fenox […]