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Indonesia-Based Agritech Startup Semaai Raises $1.25 Million in Pre-Seed Round Led by Sequoia Surge, Beenext
While Semaai primarily operates in Central Java, Indonesia, a large part of the funding will be channelled into expanding the startup’s engineering and product teams in India.
- Categories
- Agriculture, Technology
- Region
- Asia Pacific
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Colombian E-Commerce Enablement Startup Melonn Raises $20 Million to Help Small Businesses Scale in Latin America
Melonn, a Colombian startup that provides fulfillment and software services to small and medium-sized e-commerce companies in Latin America, has raised $20 million in a Series A round led by QED Investors.
- Categories
- Technology
- Region
- Latin America
- Tags
- e-commerce, startups
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Grab Acquires Jaya Grocer to Expand Its On-Demand Grocery Delivery in Malaysia
The deal enables Grab to bring more Jaya Grocer retail stores onto its marketplace and leverage Jaya Grocer's large supplier network further to expand its GrabSupermarket
- Categories
- Investing, Technology
- Region
- South Asia
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Indonesia’s Largest Private Bank To Pour $27.8 Million Into VC Arm
Indonesia’s Bank Central Asia (BCA) has allocated 400 billion rupiah to its VC arm, Central Capital Ventura, reported local news agency Antara, citing a statement from Jahja Setiaatmadja, the bank’s president director.
- Categories
- Entrepreneurship
- Region
- South Asia
- Tags
- e-commerce, startups
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TLcom Capital Raises $70 Million to Back African Tech Startups
TLcom Capital, a venture capital firm, says it has secured $70 million for its $150 million funding to invest in African tech-enabled businesses.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Kenyan E-Commerce Company Copia Global Raises $50 Million to Ramp up African Expansion
Kenyan B2C e-commerce company Copia Global has raised $50 million in a Series C equity round led by Goodwell Investments.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce
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Ghanaian Fintech Float Raises $17 Million Seed to Power Cash Flow for Commerce in Africa
The fintech which provides credit lines for businesses has raised $17 million, funding that it will be using to bolster its offerings and expand geographically.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, fintech
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Nigeria Lost $26 Billion to Twitter Ban, Businesses Say
As a result of the Twitter ban, local Nigerian businesses lost out both on online revenues and on potential sales to mass audiences.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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