Why are Health and Wellness Startups Flourishing?

The health and wellness industry is experiencing exponential growth. These have become mainstream, and the proliferating startups in these sectors are a testimony. Till last year, there were 4892 startups in the health tech space and raised $504 million between 2014-2018. Same is true for the wellness industry as well, which has been growing at a CAGR of nearly 12per…

Drip Capital raises $25 million in Series B funding round

Fintech firm Drip Capital, which offers working capital solutions to exporters, has raised $25 million in its Series B funding round, led by Accel, with participation from existing investors Sequoia India, Wing VC, and Y Combinator. New investors in the round include GC1 Ventures and institutional investor platform Trusted Insight. The company has raised over $45 million in equity till…

Singapore fashion tech startup MadThread bags over $500k from AngelCentral

Singapore-based fashion rental startup MadThread has raised over US$513,000 (or S$700,000) in seed funding in a syndicate deal managed by AngelCentral, an angel investment community that supports startups in Southeast Asia. AngelCentral partner Phey Teck Moh led the round, which marks AngelCentral’s sixth syndicate. Eleven other investors also participated in the round. MadThread advocates a smarter way of fashion shopping…

Singapore fintech startup SoCash raises $6m in series B round

Singapore-based fintech startup SoCash raised US$6 million in a series B round led by Japanese money-handling systems developer and manufacturer Glory. SC Ventures, the investments unit of Standard Chartered Bank, and fund network Vertex Ventures also participated in the round. SoCash allows customers to withdraw cash from small stores by plugging into banks’ mobile apps and partnering with local merchants.…

Why Entrepreneurs Need to Do One Thing at a Time

Back in 1897, Spanish neuroscientist Santiago Ramón y Cajal -- winner of the Nobel Prize -- wrote a book called Advice for a Young Investigator. He argued that instead of spending hours reviewing books, lectures and broad research, scientists should focus deeply on a single object of study. This state, he wrote, “refines judgment, enriches analytical powers, spurs constructive imagination,…

Haus, the real estate startup founded by Garrett Camp, raises $7.1M

Haus, a startup aiming to make home ownership more affordable and flexible, is announcing that it has raised $7.1 million in new funding. This amount combines a $4.1 million seed equity investment led by Montage Ventures and $3 million in debt, which will help finance Haus’ new co-investment model. Haus was created by Uber co-founder Garrett Camp as part of…

Contract management startup Icertis becomes unicorn with $115M new round

Icertis, a Washington-headquartered startup that develops cloud-based software to help large companies manage contracts, has raised $115 million at more than a billion-dollar valuation to become the latest SaaS unicorn as it looks to further expand its footprint across the globe. The Series E round for the 10-year-old firm was led by Greycroft and PremjiInvest, and saw participation from existing…

TikTok parent eyeing content startup deals in big push into India

Bytedance Ltd, which owns the popular TikTok video-sharing app, will invest in Indian content startups to create a bouquet of apps to target new audiences, borrowing from its successful China playbook, two people familiar with the plans said. ByteDance, the world’s most valuable startup, has set up a team to scout for companies in content, social commerce and education technology,…

How To Know Whether Entrepreneurship Is The Right Next Career Move For You

If you haven’t already, you’ll eventually reach a crossroads in your career where you’re faced with three choices: stay with your current employer, find another company to work for, or work for yourself. In my case, I chose the third option and became a personal branding pioneer—and it was absolutely the right choice for me. So I know firsthand that…

French Startup Dawex, Fresh Off A EUR5 Million Funding Round, Eyes Establishing Middle East Presence In 2020

After having raised EUR5 million through a funding round announced in May, French technology startup Dawex, which bills itself as a marketplace for “sharing, acquiring, and monetizing data,” is aiming to establish its presence in the Middle East in 2020, its co-founders told Entrepreneur Middle East. “Dawex’s expertise is to enable organizations and enterprises to orchestrate data circulation by sourcing,…

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