E-commerce portal Carousell bags US$35m Series B funding

Nearly S$50 million have been added to the Singapore startup ecosystem, The Business Times learnt on Monday. Of the amount, US$35 million is a Series B funding round raised by e-commerce startup Carousell, while another S$1.34 million comprises investments into two first-of-their-kind accelerator programmes in insurance tech (insurtech) and tourism.

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Paktor snags US$10m funding, Infocomm Investments partners Bansea to fund seed-stage startups

THE startup ecosystem scored two positives on Monday: homegrown dating platform Paktor snagged US$10 million in a new funding round, while Infocomm Investments (IIPL) has partnered Bansea (the Business Angel Network South-east Asia) to jointly invest in local seed-stage startups.

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