In addition to Fyle and Cobo Wallet, Edu2Review and Intrepid are also some of the startups announcing their funding rounds today

Expense management startup Fyle raises US$1.1M – Press Release

Bangalore-based expense management startup Fyle announced that it has raised a US$1.1 million funding round from its existing investors Pravega Ventures and Beenext, with participation of Freshworks.

In a press statement, Fyle co-founder and CEO Yashwanth Madhusudhan said that the company plans to use the funding to expand its sales and marketing teams as well as invest in R&D.

Founded in 2016 by Yashwanth Madhusudan and Sivaramakrishnan Narayanan, Fyle named HeroFincorp, Investec, Capillarytech, Teach For India, and RPG group as some of its clients.

Cryptocurrency wallet company Cobo Wallet raises pre-Series A funding round – Press Release

Beijing-based cryptocurrency wallet company Cobo Wallet announced that it has raised an undisclosed pre-Series A funding round in the range of US$10 million.

Linear Venture, FreeS Fund, and IMO Ventures participated in the funding round.

Founded by Shenyu (founder of mining pool F2pool) and Changhao Jiang (former Bihang CEO and Facebook research scientist), the company has offices in Shanghai and Seattle. It is being run by a team of 30, and have secured close to 100,000 users.

Also Read: Of 29 Indian startups that got funded this quarter, real estate gets top investment

E-commerce services company Intrepid raises US$2M – Dealstreet Asia

Vietnamese e-commerce services startup Intrepid raised a US$2 million funding round led by an undisclosed group of Swedish family offices, according to a Dealstreet Asia report.

The funding round put the company’s valuation to US$9 million, and it plans to use the funding to support its regional expansion plan.

Enabling retailers, distributors, and brands to manage and optimise their e-commerce sales and presence on online marketplaces, Intrepid was founded by former Lazada Vietnam CEO Christopher Beselin and former Lazada Vietnam National Sales Director Khang Chim.

Edutech startup Edu2Review raised “seven-digit” US Dollar – Dealstreet Asia

Vietnamese online education and booking platform Edu2Review raised an undisclosed funding round from Singapore-based venture capital firm Nest Tech, Dealstreet Asia reported.

The funding has put the company’s valuation to “seven-digit” US Dollar.

Founded in 2015 by Ho Hoan and Austin Carter, Edu2Review has nearly 4.2 million users. It has served more than 25,000 course bookings throughout the system.

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