It seems like a pretty good start to April with startups in the ecommerce, education, and food sectors getting funding in the past week. Congratulations!
Indonesian online store Shopdeca revealed it received second funding round from Singapore-based Polaris Digimedia worth “up to US$1 million” for an equity stake of 33.5 percent. With this new investment, Shopdeca has also expanded to Singapore with the acquisition of women’s fashion estore Eriin. (Techlist profile)
iFit, a fitness-oriented startup based out of Taiwan, received US$900,000 in seed funding from Cherubic Ventures, a VC firm that invests in early-stage tech companies in Taiwan, mainland China, and Silicon Valley. (Techlist profile)
3. Hike | India
Indian messaging app Hike received US$14 million in funding from Bharti Softbank. The app reports 15 million registered users, 80 percent of them in its home country. (Techlist profile)
Chinese social foodie app Ricebook raised US$7 million series B funding led by IDG Ventures. China’s Ceyuan investment firm also participated in this round. (Techlist profile)
Tokyo-based mobile C2C shopping app, Mercari, got US$14 million from Global Brain, Globis Capital Partners, Itochu Technology Ventures, GMO Venture Partners, and other undisclosed investors. Ryo Ishizuka, co-founder at Mercari, says the money will allow the startup to do additional hiring and marketing to increase its market share in Japan. It also plans to open an office in the US next month. Mercari has over 1.5 million downloads. (Techlist profile)
Jiuxian, arguably China’s top wine-specialist ecommerce site, is uncorking RMB 420 million (US$69 million) in new funding. The startup’s most recent investors include Rich Land Capital, Oriental Fortune Capital, and Sequoia Capital.
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