Fashion startup Grana closes $10m series A round led by Alibaba’s Hong Kong fund

Fashion startup Grana closes $10m series A round led by Alibaba’s Hong Kong fund Fast fashion startup Grana has raised US$10 million for its series A round, led by Alibaba’s US$130 million Entrepreneurs Fund for Hong Kong. The company’s existing investors, Golden Gate Ventures and Hong Kong-based MindWorks Ventures, also put in some cash.

The post Fashion startup Grana closes $10m series A round led by Alibaba’s Hong Kong fund appeared first on Stage Asia - Asia digital startups directory.

OBike ceases operations in Singapore

Bike-sharing firm oBike has ceased operations in Singapore as of today, suggesting that the cost of complying with stricter regulation of bike-sharing in the city-state forced its departure.

Payments company Ayopop raises $1m seed funding

Payments company Ayopop raises $1m seed funding Indonesia’s Ayopop specializes in bill payments, which means it wants users to pay for things like their phone bills, electricity, and internet services through its app. Ayopop launched about a year ago and has been angel funded so far, with some investment from venture capital firm Gree. The post Payments company Ayopop raises $1m seed funding appeared first on Stage Asia - startups directory .

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