info@rtp-global.com | 15.02.21
Beam, a Singapore-headquartered micromobility firm that offers shared e-scooters, has raised $26 million in a new financing round as it looks to expand its footprint in Korea, Australia, Malaysia, New Zealand and Taiwan.
Sequoia India and Hana Ventures led the two-and-a-half-year-old startup’s Series A financing round, while several more investors from the Asia Pacific region participated, including RTP Global, AppWorks, Right Click, Cherubic and RedBadge Pacific, Beam said. The startup has raised $32.4 million to date, a spokesperson told TechCrunch.
Beam, like Bounce and Yulu in India, offers electric scooters in the aforementioned five markets. Electric and gasoline scooters have become popular in several Asian nations and elsewhere as people look for alternative transportation mediums to move around faster and at less cost.
While these vehicles make inroads into various markets, it’s also not uncommon to find these scooters abandoned carelessly in the streets. Beam said unlike other startups, it incentivizes its riders through in-app offers to park the scooters at predetermined spots.
“I’m really excited about our new technology and its ability to reduce the problems associated with randomly scattered scooters around a city. This helps us to further improve our industry-leading vehicle retention rates, reduce operational costs and, most importantly, benefits communities by keeping city streets neater,” said Beam co-founder and chief executive Alan Jiang.
Beam, which did not disclose how many customers it has amassed, will use the fresh capital to grow its operational and engineering focus and grow deeper in its existing markets, it said. It will also “accelerate” to more markets the launch of its third-generation e-scooter, the Beam Saturn, which features swappable batteries and improved build, it said.
Abheek Anand, managing director at Sequoia Capital India, said Beam’s collaboration with regulators, technology and insights into the transportation landscape stand to give it an edge in the Asia Pacific region.
The startup’s fundraising comes at a time when many young firms in Asia, especially those operating in the transportation category, are struggling to raise capital. Beam said it had implemented stringent cleaning and operations practices to limit the possibility of virus transmission to allay riders’ concerns.
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info@rtp-global.com | 15.02.21
Bengaluru-based edtech startup, Newton School on Monday announced that it has raised $5 million in Series A round of financing, led by RTP Global.
info@rtp-global.com | 15.02.21
An India-based startup that has built a Shopify-like platform for coaching centers to accept fees digitally from students, and deliver classes and study material online has received the nod — and capital — from a number of high-profile investors.
info@rtp-global.com | 15.02.21
InVideo, a Mumbai-based startup that has built a video creation and editing platform, has raised $15 million as it looks to court more users and customers worldwide.
The startup offers a freemium web-based editing tool that allows users to create videos that are fit to be published on popular social media platforms (such as Twitter, Facebook, YouTube). In the year since its launch it has amassed more than 800,000 users who have created videos in over 75 languages.
info@rtp-global.com | 15.02.21
COVID-19 has hit the micromobility world hard, with companies reeling from the change in consumer transportation habits. But Europe’s Tier appears to be bucking the trend. The startup managed to turn profitable this year and stands on the cusp of an ambitious new product launch.
info@rtp-global.com | 15.02.21
LONDON and NEW YORK CITY – November 12, 2020 – Stakester, a competition marketplace helping gamers and sports enthusiasts to add a new dynamic of entertainment and monetize their skills, today announced a $2.7M seed round led by RTP Global with participation from high-profile angel investors Jens Lapinski, CEO of Angel Invest and former MD of Techstars, and Chris Adelsbach, UKBAA Angel Investor of the year for 2018/2019, founding partner at Outrun Ventures and venture partner at Techstars. Alexander Pavlov, managing partner at RTP Global will join the board.
info@rtp-global.com | 15.02.21
Primer, the U.K. fintech that wants to help merchants consolidate their payments stack and easily support new payment methods in the future, has raised £14 million in Series A funding. The round was led by Accel, who I understand were quite proactive in persuading Primer to take the VC firm’s money.
info@rtp-global.com | 15.02.21
Khatabook, a startup that is helping small businesses in India record financial transactions digitally and accept payments online with an app, has raised $60 million in a new financing round as it looks to gain more ground in the world’s second most populous nation.
info@rtp-global.com | 15.02.21
Bangalore-based CRED is kickstarting the new year on a high note.
The two-year-old startup, led by high-profile entrepreneur Kunal Shah, said on Monday it has raised $81 million in a new financing round and bought shares worth $1.2 million (about 90 million Indian rupees) from employees.
info@rtp-global.com | 15.02.21
Tealbook closed a $14.4 million Series A to accelerate growth as the global pandemic has shined a new light on the supply chain and procurement industry.
info@rtp-global.com | 15.02.21
CoachHub, a “talent development” platform that pairs employees with business coaches, has raised $30 million in a series B round of funding led by Draper Esprit.
info@rtp-global.com | 15.02.21
Three years ago, Procter & Gamble (P&G), a Fortune 50 company with over 70 brands and $67 billion in revenue, began looking for tools that could assist its service representatives in resolving customer queries faster but with an enhanced focus on quality. After evaluating a number of tech platforms that might suit the company’s particular needs, P&G chose Agara Labs, a New York-based, AI-driven autonomous voice agent startup specializing in enterprise applications.
info@rtp-global.com | 15.02.21
Beam, a Singapore-headquartered micromobility firm that offers shared e-scooters, has raised $26 million in a new financing round as it looks to expand its footprint in Korea, Australia, Malaysia, New Zealand and Taiwan.
info@rtp-global.com | 10.02.21
Once overlooked, agritech startups are beginning to have a moment in India.
On Tuesday, DeHaat, an online platform that offers full-stack agricultural services to farmers, said it has raised $30 million in a new financing round as the Indian firm looks to maintain its accelerated growth despite the pandemic.
info@rtp-global.com | 10.02.21
Saveo Healthtech, a B2B ecommerce platform for pharmacies, raised $4 million in seed funding co-led by Matrix Partners India and RTP Global, with participation from Incubate Fund and India Quotient.
info@rtp-global.com | 10.02.21
Mobile Premier League (MPL) has raised $95 million in a new financing round, just five months after it secured $90 million as the two-and-a-half-year-old Bangalore-based esports and gaming platform looks to grow in international markets.
info@rtp-global.com | 10.02.21
Mobile Premier League (MPL) has raised $90 million in a new financing round as the two-year-old Bangalore-based esports and mobile gaming platform demonstrates fast-growth and looks to expand outside of India.
info@rtp-global.com | 03.12.20
info@rtp-global.com | 13.11.20
Berlin-based micromobility startup Tier has raised a significant Series C round of $250 million. SoftBank Vision Fund 2 is leading the round, which proves that the Vision Fund team is still focused on high-risk, high-potential bets.
info@rtp-global.com | 13.11.20
InVideo, a Mumbai-based startup that has built a video creation and editing platform, has raised $15 million as it looks to court more users and customers worldwide.
The startup offers a freemium web-based editing tool that allows users to create videos that are fit to be published on popular social media platforms (such as Twitter, Facebook, YouTube). In the year since its launch it has amassed more than 800,000 users who have created videos in over 75 languages.
info@rtp-global.com | 01.06.20
Moscow-headquartered venture capital firm RTP Global, which was founded by Russian entrepreneur and investor Leonid Boguslavsky, has raised USD 650 million after exhausting its second global fund of USD 200 million in 34 companies across the US, Europe, India, and Southeast Asia.
The firm will invest USD 650 million in these four geographies, with about one-third of the fund allocated for early-stage to Series B technology companies from India and Southeast Asia.
RTP started developing a portfolio in India in 2011, targeting startups in e-commerce, food delivery, fintech, ed-tech, telemedecine, agritech, and mobile gaming. Then, last year, it made one investment in Vietnam and two in Singapore.
KrASIA got in touch with Galina Chifina, partner and investment advisor at RTP Global, to learn about the firm’s strategy in these two regions.
Chifina, whose plans to relocate to RTP’s new office in Singapore this year have been delayed due to the pandemic, said she will move to the city-state by early 2021.
info@rtp-global.com | 04.05.20
– Company’s active user base has quadrupled in the past six months
– Capital will be used to improve the product offerings and scale the technology platform
– RTP Global leads Series A round with follow on investment from Sequoia Capital India’s Surge and Blume Ventures
info@rtp-global.com | 27.04.20
Bijak, a B2B platform for agricultural commodities, announced today that it has raised a USD 12 million (INR 91 crore) Series A round led by RTP Global. Existing investors Omnivore, Omidyar Network India, Sequoia Capital India’s Surge, and Better Capital also participated in the round.
info@rtp-global.com | 03.03.20
Today, we announce the launch of RTP III. At $650M, our latest fund is more than three times the size of RTP II and will enable us to invest in even more companies around the world.
info@rtp-global.com | 29.01.20
The funding round is a mix of Equity and Debt, led by global funds like Aquiline Technology Growth and RTP Global and existing investors, namely Sequoia India, Prime Venture Partners and MegaDelta.
info@rtp-global.com | 13.11.19
CoachHub has closed a €10M funding round, from existing investors HV Holtzbrinck Ventures, Partech and Speedinvest x and new investor RTP Global. After raising €6M just three months ago, the latest round brings total funds raised this year to €16M, recognising CoachHub’s position as the leading digital coaching provider in Europe.
info@rtp-global.com | 07.11.19
We are happy to announce that our partner Anton Inshutin was leading a panel about Digital Transformation in Logistics at NOAH London on 30 October. Below you can see some of the ideas shared on the panel
info@rtp-global.com | 21.08.19
RTP Global together with other well-known existing investors, has invested a total of 5,5 million euros in the AI-Startup e-bot7, which was founded in 2016. Other existing investors include 42CAP, the Main Incubator, Commerzbank’s early-stage investor, and a leading private investor.
With the investment round, e-bot7 will further expand its position in the European market. The company will use the funds to further expand its technology and business team to help more customers to make their customer service more efficient through artificial intelligence.
info@rtp-global.com | 19.06.19
Shipsta Secures Millions in Funding for its Unique
and Revolutionary Digital Logistics Concept
SHIPSTA is unique in delivering a digitisation boost in the logistics industry via
crowdsourcing and artificial intelligence – digitally procuring freight rates has
never been so easy. Well-known investors have recognised this: RTP Global and
MANGROVE CAPITAL PARTNERS are supporting SHIPSTA with a generous
amount in the millions.
info@rtp-global.com | 18.03.19
New York, NY and Novosibirsk, NSB – March 13, 2019 – Dasha.AI Inc., an AI startup dedicated to building human-level voice conversational AI platform, today announced it has completed a $2 million seed round led by RTP Ventures and RTP Global.
“We are delighted to have such experienced in B2B venture capitalists help us build the company,” said Vladislav Chernyshov, CEO and co-founder of Dasha. “We plan to aggressively grow the company and the technology so we can continue to provide the best voice conversational AI to a market which we estimate to exceed $30bln. worldwide”
info@rtp-global.com | 15.11.18
RTP Global, the international venture capital investment firm, announces that Kirill Kozhevnikov joins as Partner focusing on India investments, working together with Galina Chifina. As part of its continued expansion in the country, RTP Global plans to invest significant portion of its new global $200M fund into early and mid stage opportunities in India.
info@rtp-global.com | 30.10.18
London / New York / Moscow: ru-Net, the early stage investment and venture capital firm founded by Leonid Boguslavsky has announced at NOAH 2018 that it is changing its name to RTP Global, to reflect the success of its USA based arm RTP.vc and company’s evolution to a globally focussed venture capital firm.