Moglix

This appointment aligns with Moglix’s plans to go public by 2027.

Founding partner Amit Anand says many tech firms in the region are nearing IPOs despite tough markets.

The Singapore-based firm aims to hit net profitability in the next 12 months, according to founder Rahul Garg.

Babel Finance, Retailo, XICA, and more startups also raised funds this week.

We analyze a Singapore-based fintech firm’s mission to aid women entrepreneurs and look at SoftBank’s latest high-profile resignation.

Tiger Global has doubled down on its investment in Moglix over the last three years.

Also, B2B ecommerce Moglix set to raise up to US$200 million, and Groww announced Satya Nadella as an investor.

Also, PolicyBazaar surges nearly 23% in its stock market debut, and Moglix’s Credlix enters the export-import finance space.

The fundraise comes a month after upGrad set aside US$250 million for mergers and acquisitions over the next seven to nine months.

StockGro said that its platform has gained more than 1 million active users within nine months of its launch.