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3 Startup Funding News From Asia

Lybrate Raises New Funding. Indian Healthcare startup Lybrate raises $10.2 M funding from Tiger, Nexus and Ratan Tata. The startup aims to utilize the funds to develop products, hire talent, better technology and scale operations. Lybrate enables patients to communicate with doctors by using its mobile app or online platfrom from anywhere and anytime. It helps connect doctors and patients through its health app and let them talk. Founded in 2013, the startup aims to disrupt healthcare delivery industry.

Uber of China Didi Kuaidi Raises New Funding. The startup said it has raised US$2 billion in funding from Capital International Private Equity Fund and Ping An Ventures, as well as few others unnamed global investors. Existing investors of Didi includes like Alibaba, Tencent, and Temasek and these three investors also contributed to this new investment.

Japanese complicated women fashion startup Standing Ovation raised new fund. The startup said it raised JPY 140 million (approximately US$1.14 million) from Gumi Ventures, DBJ Capital, iStyle Capital, and angel investors. The startup has built where people can upload and share their existing clothings and get public feedback.

Ruhul Kader is a technology and business analyst based in Dhaka, Bangladesh. He is also the co-founder and CEO of Future Startup and author of Rethinking Failure: A short guide to living an entrepreneurial life. He writes about internet business, strategy, technology, technology policy, and society. He can be reached at [email protected]

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