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Following the acquisition, LankaPropertyWeb claims that it will now host the largest collection of property listings in Sri Lanka.
Ekuinas will use the funds to continue accelerate the growth of local and high potential businesses.
Luxstay’s US$3 million bridge round received investments from CyberAgent Ventures, Y1 Ventures, and several other investors.
The venture capital firm is looking to tap new opportunities and entrepreneurial talent in the market.
Singapore’s EuroSports raises US$1.5 million to accelerate development of electric motorcycle EST-X model
The funds were provided by its parent company EuroSports Global (ESG), in addition to a commitment of an additional US$3 million if conditions are meet.
Thakral Corporation’s joint venture (JV) with Current Body is aimed at expanding its market in China.
Social selling platform Ecomobi has completed its second funding round from Vietnamese ESP Capital and South Korean Nextrans.
GIC is selling the asset to a pension fund and local REIT at more than twice its 2008 purchase price.
The startup plans to use the funding capital to expand its offline presence in urban areas and increase marketing efforts.
Play Ventures is looking to invest both in game development studios and in startups that create tools related to video games.