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Employment Hero doubled the number of its full-time employees to 200 last year, and launched versions in New Zealand, the UK, Malaysia and Singapore. During the pandemic, the company launched a new service called Global Teams for remote work. 6 VCs share their bets on the future of work.
Today it announced it has added $10 million to its war chest in a Series A extension led by Tiger Global, bringing the round’s total to $20 million. A new examples include Meta-backed Ami , MindFi and Thoughtfull , plus a roster of startups focused on specific markets, like Ooca in Thailand or Naluri in Malaysia.
Also participating is Anthos Capital, Global Brain, Clocktower Technology Ventures, Moneta VC, Mitsui Fudosan and Firestartr. Nigel Verdon, co-founder and CEO of Railsbank, tells me the injection of capital will be used to continue expanding the fintech’s global footprint and for further product development.
More people have access to a cell phone than to a toilet. billion people lack access to toilets. This past Sunday was October 10th, 2010 – also know as 101010, the Global Work Day for climate action supported by 350.org This means that sewage spills into rivers and streams, contaminating drinking water and causing disease.
With the theme of Technology for a Sustainable Future, the INCLUSION Conference on the Bund was held in Shanghai from September 7 to 9, bringing together global experts, scholars, and entrepreneurs to explore technological developments in economic industries. However, a key challenge lies in ensuring trust and security in digital technology.
The equity investment came from returning investors Tiger Global, DST Investment, B Capital, Insignia Ventures Partners and ACE & Company, with participation from Ilham Ltd, EDBI, InterVest, Y Combinator managing director Michael Seibel and GGV Capital managing partner Hans Tung.
Founded in 2019 by Mohd Wassem, Rhythm Gupta and Abdul Khalid, Easy Eat AI currently has operations in Malaysia, and plans to expand into other Southeast Asian markets. Payments and reward programs can also be accessed through the platform. They pick what they want, then create an account or sign-in by entering their mobile number.
Indonesia and Malaysia, in the heart of Southeast Asia, are among the countries with the largest Muslim populations in the world. Meanwhile in Malaysia, where 61.3% Along with the growing number of Islamic fintech startups digitizing the process, Islamic-compliant services are becoming accessible to more people. out of its 33.6
Its other backers include Tiger Global, Y Combinator and Insignia Ventures. Founded in 2019, Intellect’s markets now include Malaysia, Singapore, India and Hong Kong. IHH Healthcare also made an investment into the startup, without disclosing the amount. IHH Healthcare is Intellect’s first strategic investor.
Transcelestial is on a mission to make the internet more accessible by building a network of shoebox-sized devices that send lasers to one another, creating a fiber-like network. Some of its previous backers include EDBI, Entrepreneur First, 500 Global, SparkLabs Global Ventures and Michael Seibel.
Alibabas China-focused marketplace Taobao has joined the wave of Chinese e-commerce platforms launching cross-border operations with a plan to ship clothing globally for free. Why it matters: The move illustrates Taobaos efforts to tap into a broader global market while also engaging in competition with Pinduoduo at home.
The amount of the investment is not being disclosed, but Aldagram said it will use the funds to sharpen its focus on India, Thailand, the Philippines, Malaysia and other countries in the region. The global construction management software market is expected to reach $23.9 billion in 2031, up from $9.3
For 20 years, the global communications firm Edelman has studied the influence of trust across government, media, business, and nongovernmental organizations (NGOs). Here are five takeaways about global trends in the public’s trust in NGOs: 1.
The round, which Thoughtfull said was oversubscribed, also included participation from returning investors Vulpes Investment Management, The Hive Southeast Asia, global family offices and founding members of companies like Grab and Zalora. Sheares is a wholly-owned subsidiary of Temasek.
Its fourth fund is focused on Malaysia and run by a separate team). Its team has grown to 35 people, with most based in Indonesia, but ACV also recently established Singapore and Malaysia offices. For example, it helps fintech companies work with banks or access capital they can use for lending.
Goel also said that the deal will be financed through a securitization facility Validus is arranging with a number of global financial institutions. Citigroup also has agreed to sell its Southeast Asia retail operations in Indonesia, Malaysia, Thailand, and Vietnam to Singapore-based United Overseas Bank for about $3.7billion in January. .
Its features include digital checklists, inventory management and field audits that can be accessed through a mobile app. Founded in 2018 by Daniel Hazman and Jonathan Keith, Nimbly is currently used by more than one hundred organizations in seven countries, including Indonesia, Singapore, Malaysia and the United States.
The global shift toward more digital transactions over the past year led to increased demand for Xendit’s infrastructure and services, according to Wijaya. Xendit recently expanded into the Philippines and also is considering other countries in Southeast Asia, such as Thailand, Vietnam, Malaysia and Singapore, according to Wijaya.
The round was co-led by Global Founders Capital and Wavemaker Partners, with participation from Gentree Fund, AfterWork Ventures, Reshape Ventures, Nordstar, Pentas Ventures, Moving Capital, Gojek co-founder Kevin Aluwi, NasDaily’s Nuseir Yassin, YouTuber Lazar Beam and Radish Fiction founder Seung-yoon Lee.
Singapore and Malaysia, so it wants to go deeper into Europe more broadly and into more of Asia Pacific, he said. million users and more than 1,600 enterprises globally, with companies like Microsoft, TikTok, the University of Oxford, Suzuki, Asahi and Thrifty, as well as many smaller businesses, among its customers.
Based in Singapore, ZEBOX Asia will also look at markets like Indonesia, Malaysia, Taiwan, Japan and Korea. ZEBOX CEO Gwen Salley told TechCrunch that along with access to mentoring, experts, business opportunities and funding, its incubator program gives startups opportunities to test their solutions and work with large corporations.
billion) to establish an AI hub in Malaysia. TikTok, the companys globally popular video-sharing app, is under regulatory scrutiny in several countries. Export controls imposed by the US limit Chinese companies access to advanced chips like NVIDIAs high-performance GPUs, which are essential for training large AI models.
Both Payfazz and Xfers are Y Combinator alums, and want to make financial services accessible to more Southeast Asians, even if they don’t have a bank account. Payfazz, which announced a $53 million Series B in July from investors including Tiger Global and Y Combinator, also offers loans and payment services for offline retailers.
When looking at the industry as a whole, Mainland China has around 38% of the global packaging market, the only part of the semiconductor value chain that it leads in, and three of the top ten companies globally. Often the goal is to be able to stack, for example, two 7nm chips to reach the performance of a 3nm chip.
We proudly welcome NGO partners Vietnet-ICT and the Lin Centre in Vietnam, as well as ASEAN Foundation , Kopernik Marketplace , and YCAB Foundation in Indonesia to the TechSoup Global family. They are all part of TechSoup Asia , which serves charities in the Philippines, Malaysia, Singapore, Thailand — and now Vietnam and Indonesia.
There, she was responsible for the Singapore, Indonesia, Malaysia and Bangladesh markets, plus the primary verticals of SaaS, B2B marketplaces, proptech, edtech, commerce and consumer internet. Last August, the firm made its first investment in Africa. He has also held executive and technical roles at Dropbox, LinkedIn, eBay and Apple.
The third edition of the Global Trends in Giving Report (the sister report to the 2019 Global NGO Technology Report ) will be published September 15, 2020 , and for the first time, we are conducting an open call for partners worldwide. Example 4: You are a volunteer recruitment website in Malaysia. How to Apply.
The global thirst for an up-charged pair of Yeezy’s or limited edition Jordan’s combined with a growth in a digital ecosystem is creating new opportunities, particularly in the sneaker resale market, for companies like Kicks Crew , a Los Angeles- and Hong Kong-based sneaker and apparel platform. Canada, Australia and Asia.
These include preventing overfishing, protecting coastal ecosystems and giving small-scale fisheries access to more resources and markets. The first one was market access and getting fair prices for seafood. The second was access to working capital. The second problem Aruna is working on is lack of access to working capital.
TechSoup Global’s Dara Westling attended the recent Global Donors Forum in Washington, D.C. She is our vice president of development alliances and global media for TechSoup Global’s domestic and international programs. We connect the local with global resources.” Dara Westling.
The global economy had become, almost overnight, a topsy-turvy gray market — something Kaplan knew a lot about. He learned which regions in Thailand, Malaysia, and China had all the glove factories. He knew if he just found the right person with the right access, he would be set for the rest of his life.
Lau relies on water and electricity to operate his thriving export business in Malaysia’s Johor province, where he raises a kaleidoscope of tropical fish in rows of aquariums, including albino fish with red spots that can fetch up to $10,000 from collectors. This is more than half of Malaysia’s entire renewable capacity in 2023.
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