BeliMobilGue, a used car sales platform in Indonesia, has fueled up with a $10 million Series round for the race to dominate the automotive market in Southeast Asia’s largest economy. The company was started in 2017 as a joint venture between Europe’s Frontier Car Group (FCG) and Intudo Ventures, a VC firm focused on Indonesia. BeliMobilGue said […]
View More BeliMobilGue raises $10M for its used-car sales platform in IndonesiaCategory: OLX
Africa Roundup: Local VC funds surge, Naspers ramps up and fintech diversifies
Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Tarform debuted new e-motorcycles but is there a U.S. market? Naspers announces $300 million initiative to support startups and tech in South Africa Africa’s VC landscape is becoming more […]
View More Africa Roundup: Local VC funds surge, Naspers ramps up and fintech diversifiesNaspers is in talks to invest in Southeast Asia’s Carousell
Naspers, the South Africa-based firm that famously backed Chinese giant Tencent in its infancy, is in talks to invest in Singapore-based startup Carousell, according to two sources with knowledge of discussions. Carousell offers a mobile app that combines listings with peer-to-peer selling across Southeast Asia, Taiwan and Hong Kong. That makes it well-aligned with Naspers’ portfolio, […]
View More Naspers is in talks to invest in Southeast Asia’s CarousellPan-European seed fund firstminute hits a final fund close of $100M
New UK early stage VC firstminute Capital launched in June last year to the tune of $60m, with Atomico Ventures as it’s first cornerstone investor. They were joined by 30 unicorns founders form Europe. Last September they brought in the huge China-based company, Tencent, reaching a fund size of $85m. Today firstminute capital, the London-based […]
View More Pan-European seed fund firstminute hits a final fund close of $100MSouth African tech and media conglomerate Naspers made $2.2 billion from Flipkart sale
Naspers, the South African tech and media conglomerate, continues to have an incredibly hot hand when it comes to global tech investment. Famous for owning a huge chunk of the Chinese Internet powerhouse, Tencent and a big chunk of Mail.ru, Naspers just made $2.2 billion off of the sale of Flipkart to Walmart. The South African company had […]
View More South African tech and media conglomerate Naspers made $2.2 billion from Flipkart sale