Afternoon News Roundup: Sequoia Capital reportedly chases US$7 billion in new funds amidst market slump

Sequoia Capital reportedly chases US$7B in new funds amidst market slump Sequoia...


Prosus Ventures leads $40M investment in Indian logistics startup ElasticRun

Millions of neighborhood stores that dot large and small cities, towns and...


Social commerce startup Mall91 targets 400M small-town internet users in India; raises US$7.5M from gojek arm, others

Mall91, an India-based social commerce platform, has secured US$7.5 million in...


India’s Jumbotail raises $12.7 million to digitize convenience stores with its wholesale marketplace

With most small grocery stores in India yet to get online, startups racing to...


Student housing startup Oxfordcaps secures US$8.15M led by Times Internet

Oxfordcaps works directly with universities and colleges as well to build a...


Instamojo raises $7M to help SMEs and ‘micro-entrepreneurs’ in India sell online

In India, startups are quietly building the tools and platforms to enable a...


BeeNext contributes to Indian grocery delivery startup Milkbasket’s US$7M fundraise

Last August, e27 exclusively reported Milkbasket’s pre-Series A fundraise...


Japan’s Recruit Group invests in online financial matchmaking platform Rubique

Built on an Artificial Intelligence-based recommendation engine, Rubique’s...


10 prominent VC-turned entrepreneurs in Asia

The entrepreneur bug bites and lures venture capital investors to get right into...


Group buying platform Power2SME raises US$36M from Inventus, Accel, others

Power2SME aggregates demand from SMEs for most commonly-acquired raw materials...