Daily BriefsPrivate Markets

Daily Brief Private Markets: Imajin Reportedly Raises Seed Funding Round and more

In today’s briefing:

  • Imajin Reportedly Raises Seed Funding Round
  • India’s KreditBee Adds US$100m to Its Series D
  • Parenting Platform Supermom Closes US$6M Series A Led by Qualgro

Imajin Reportedly Raises Seed Funding Round

By e27

  • Init-6, East Ventures, 500 Southeast Asia, and a number of investors participated in this funding round for Imajin

  • Founded by Chendy Jaya, Imajin is a platform that connected local manufacturers with potential customers.
  • By July 2022, the startup has secured more than 400 local factory partners and 80 customers, including Japanese companies operating in Indonesia

India’s KreditBee Adds US$100m to Its Series D

By Tech in Asia

  • India-based KreditBee has added another US$100 million to its series D, with primary funding from equity investor Advent International.

  • Founded in 2018 by Madhusudan Ekambaram, Karthikeyan Krishnaswamy, and Wan Hong, the startup offers tech-enabled personal loans to working professionals.
  • KreditBee finances the loan through partnerships with banks and non-bank financial companies.

Parenting Platform Supermom Closes US$6M Series A Led by Qualgro

By e27

  • Singapore-based parenting network Supermom has closed its “oversubscribed” SG$8 (US$6) million Series A fundraising round, led by Qualgro, with participation from AC Ventures
  • The startup will use the money to enhance its data and product capabilities and accelerate regional expansion
  • Supermom provides data and consumer insights for over 200 consumer brands, including mother & child, education, FMCG, fashion, and beauty


💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars