Zalora Raised $100 Million in Latest Funding Round, Launched a Celebrity Store and Another Mobile App

Well this one is a doozy. The Next Web reports that Zalora has just raised a round of $100 million from Kinnevik, JP Morgan, Tengelmann, Summit Partners, and Verlinvest. Yeah, $100 million funding round for the fashion shopping site soon after the company announced that it has shipped its one millionth order since its inception in early 2012.

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Apps Foundry Raised SG$ 3 Million Series B Funding From Kompas Gramedia Group

Developer of prominent e-reader mobile app SCOOP, Apps Foundry, announced the second round (Series B) investment from Kompas Gramedia Group through its digital subsidiary, PT Gramedia Digital. This round funding reaches SG$ 3 million (US$ 2.4 million). Kompas Gramedia is the largest Indonesia multimedia publisher with businesses span from print media to radio, TV and digital media. Previously Apps Foundry has raised Series A investment from Gobi Partners and Mitsui Global Investments (MGI).

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Zalora Receives €20 Million Investment and Builds a Software Development Center in Singapore

Rocket Internet’s fashion retail site Zalora just announced that it has received a boost from a major European retail group Tengelmann to the tune of €20 million. Additionally Zalora also revealed that it has begun development of a regional software development center in Singapore.
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Location-Based Mobile Community Marketplace Mila Obtains New Investment, to Expand to Indonesia

Location-based mobile community marketplace for tasks and errands Mila has raised 3 million Swiss Francs ($3.22 million) from a consortium of private Swiss and German technology investors, including Peter Zencke and Adrian Bult. Mila plans to expand to Indonesia, including opening new office in Jakarta in near future, as it’s seen to be potential market for this service. Mila is currently available around the world and in particular Germany, Switzerland, Indonesia and China.

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e27 Picks Up Investments from Asian Investors, Announces Expansion Plans

Singapore based technology blog e27 announced today that it will be expanding its operations across Southeast Asia following a funding round of SGD 760,000 from a group of Asian investors. It has also changed its name to simply e27 from e27sg and its web address from e27.sg to e27.co earlier this month. The blog’s major startup conference, Echelon, will also be expanded to include more cities in Asia.

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Lazada Dapatkan Pendanaan $40 Juta dari Kinnevik

Di bulan September lalu, kami menjadi yang pertama memberitakan tentang investasi J.P. Morgan Asset Management di salah satu startup e-commerce milik Rocket Internet, Lazada. Bulan ini, Lazada yang fokus di kawasan Asia Tenggara kembali memperoleh pendanaan yang besar. Kali ini berasal dari Investment AB Kinnevik, sebuah perusahaan investasi asal Swedia. Lazada menginformasikan nilai investasinya mencapai $40 juta (Rp 385 miliar).

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J.P. Morgan To Invest in Another Rocket Internet Startup, Zalora

J.P. Morgan, a leading investment company, continues to invest in Rocket Internet’s startups by investing in Zalora. This investment is the umpteenth time because previously, J.P. Morgan has invested in other Rocket Internet’s startups such as Zalando in Europe, Dafiti (Brazil), Lamoda (Russia) and the newest is Lazada which was announced recently.

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JP Morgan Confirms Investment in Rocket Internet’s Lazada

A global leader in investment management, J.P. Morgan Asset Management, through its German holding confirms the investment in Rocket Internet’s Lazada that operates in Southeast Asia. J.P Morgan will take Lazada’s stake. We previously broke the news by saying J.P. Morgan will make heavy investment in Lazada, with record amount of any investment made to online startup in the region. Although not explicitly stated, The Next Web suggested the investment worth “upwards of $50 million”, according to source close to the company.

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Bukalapak secures series A financing round from Japan’s GREE Ventures

Today we receive news that e-commerce group, Bukalapak, just closed their series A round of funding from Japanese investment company GREE Ventures. No financing details disclosed by both GREE Ventures and Bukalapak. Continue reading Bukalapak secures series A financing round from Japan’s GREE Ventures