Accelerators & Incubators
Policy & Regulation
Scooter sharing startup Bounce raises $6.5M from InnoVen Capital
The Bengaluru-based startup said it will utilise the funds to fuel a deeper electric vehicle (EV) integration, multi-city expansion, and platform play, in a bid to accelerate profitability.
Careem launches smartphone bicycle rental service in Dubai
Riders use a QR scanner and five-digit pin code to unlock a bicycle.
Vogo Is Raising $19.1 Mn Series C Round, Expanding Its ESOPs Pool
Vogo has increased its ESOPs pool to 34,635.
Furniture rental startup Furlenco raises Rs 16 Cr ($2.5 million) from Dabur's family office
Earlier in March 2019, Bengaluru-based startup Furlenco raised Rs 40.46 crore in its Series C funding round from Lightbox Ventures, Crescent Enterprises.
Malaysian P2P car-sharing startup Moovby raises US$500K
The Moovby marketplace allows people to share their cars with other people nearby at an affordable price and earn income
Bike rental startup VOGO closes Series C round at $25M
Out of the total funding, $4 million was raised in November 2019 from Stellaris Venture Partners and Kalaari Capital, amongst others.
Singaporean e-scooter startup Neuron Mobility expands to New Zealand
Neuron said it will maintain a fleet of 2,780 e-scooters across four Asia-Pacific markets by the end of this quarter.
China’s Sharing Power Bank Brand Energy Monster Raised ￥500 Million in a Series C Round Funding Led by Soft Bank
Energy Monster is committed to meeting users’ need for smart phone recharging through energt and smart hardware network in various contexts.
Shenzhen Based IT Device Operation Little Bear Rental Raised ￥50 Million in a Series C Round Funding Exclusively by Tencent
Little Bear Rental provides services including IT device rental, IT service, IT device recyling, asset management SaaS to help companies reduce theri assets
Fashion rental startup Style Theory secures US$15M funding led by SoftBank Ventures Asia, eyeing expansion
Style Theory allows customers to rent designer apparel in Indonesia and Singapore.
Rent It Bae
Rent It Bae acquires Mumbai headquartered fashion rental platform Flyrobe
AARK World, which owns and operates Rent It Bae, said that the new entity will operate under the brand Flyrobe.
Bengaluru-based furniture rental company CasaOne has raised $16 million led by Accel
With the fresh funds, the company plans to expand to new geographies, further invest in hiring technology and engineering talent and expand into adjacent product categories.
Bengaluru-based Vogo Secures $2.9 Mn In Bridge Funding Round From Existing Investors
Vogo has grown its expenses 94X with barely 2x growth in its revenues in FY19.
China’s Tire Solution Provider 52tyre Raised Tens of Millions of Yuan in a Series A+ Round Funding Led by Qingdao Doublestar Co Ltd
52tyre IS A tire data technology service company. Its tire lease business provides cost effective and handy tire solution for customers.
Bengaluru-based Furniture Rental Startup Furlenco Raises INR 9 Cr ($1.26 Mn) In Debt-Funding
Furlenco raised around INR 9 Cr in two rounds of debt-funding held in July and August 2019.
New Delhi-based Fashion rental startup Stage3 raises $2M in pre-Series A round led by Blume Ventures
YourStory HerStory SocialStory SMBStory YourStoryTV MyStory More Language A अ ಅ FUNDING [Funding alert] Fashion rental startup Stage3 raises $2M in pre-Series A round led by Blume Ventures.
East Ventures invests in Indonesian rental marketplace CUMI, eyeing growth and expansion
First launched in May 2018, CUMI claimed that it has gained more than 5,000 users and 500 verified vendors from various locations among Greater Jakarta Area, Surabaya, and Bali.
Warburg Pincus-backed rental startup Mofang bags $150m Series D led by CDPQ
Chinese institutional rental apartment operator Mofang Apartment has completed a $150-million Series D round led by Canadian institutional fund management firm CDPQ, it said in a statement on Monday.
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