TechCrunch

NOVEMBER 10, 2021

Indonesia-based startup GoTo Group announced today it has secured more than $1.3 billion in the first close of its pre-IPO funding. . Further investors are expected to join in its final close of the funding in the coming weeks. . Indonesia has more than $1 trillion in GDP with a population of 270 million.

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TechCrunch

DECEMBER 7, 2021

Flip , an Indonesia-based fintech startup, announced today it has raised $48 million in a Series B to accelerate its growth. The funding brings Flip’s total capital raised to $65million. . Flip is Insight Partners’ first investment in Indonesia. . This new funding is a testament to our team’s commitment and persistence.

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TechCrunch

JUNE 6, 2022

Last year saw a huge funding boom for Southeast Asian consumer investment apps and if Pintu ’s funding announcement today is anything to go by, that looks set to continue. Launched in April 2020, Pintu bills itself as “Indonesia’s leading homegrown crypto assets platform.”

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TechCrunch

MARCH 24, 2021

The funding included participation from Alibaba Hong Kong Entrepreneurs Fund, Artesian Ventures and ParticleX. Its new funding will be used on research and development, product development and expanding into Southeast Asian countries. It will also enter Singapore because developers are willing to adopt AI-based technology.

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TechCrunch

MAY 21, 2021

The funding was led by MDI Ventures, the investment arm of Telkom Group, one of Indonesia’s largest telecoms, with participation from Add Ventures, BRI Ventures, Flourish Ventures, Intudo Ventures, Openspace Ventures, Tenaya Capital, UOB Venture Management and Vertex Ventures. seed funding in farm-to-table startup Secai Marche.

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TechCrunch

SEPTEMBER 14, 2022

Fazz , the Southeast Asian digital financial services group created by the merger of PayFazz and Xfers , announced today that it has raised a total of $100 million in Series C funding. This includes $75 million in equity and a $25 million debt facility. An action plan for founders fundraising in fintech’s choppy waters.

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TechCrunch

APRIL 27, 2023

Indonesia emerged as the best choice. Indonesia and Malaysia, in the heart of Southeast Asia, are among the countries with the largest Muslim populations in the world. Gojek’s GoPay is also partnered with the Indonesia mosque council to allow users to make zakat, or obligatory alms giving, online. out of its 33.6 out of its 33.6

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TechCrunch

SEPTEMBER 15, 2022

Cryptocurrency transactions in Indonesia hit $60 billion last year , according to the country’s commodities futures trading agency. Today, the startup, founded in 2017, announced it has raised $11 million in Series A funding, led by AC Ventures (ACV) with participation from Coinbase Ventures and Skystar Capital.

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TechCrunch

JULY 29, 2021

Along with its new funding, SODA announced it has acquired rival Monokabu. A SoftBank Ventures Asia spokesperson told TechCrunch the fund decided to invest in SODA again because the company’s growth has increased rapidly since its previous funding. million monthly users. SODA claims it hit record sales of $34.7

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TechCrunch

JULY 7, 2021

Many teachers and parents in Indonesia rely on WhatsApp to keep in touch, creating “multiple groups that often become messy and highly ineffective, and result in confusion or lost threads,” says Rizky Aniez, the co-founder and chief executive officer of Gredu. InfraDigital helps Indonesian schools digitize tuition and enrollment.

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TechCrunch

JULY 25, 2022

Based in Singapore, it is currently active there and in Indonesia, and plans to roll out in other Southeast Asian markets after localizing for employment regulations. The funding will be used to add more features to Omni, including a recruitment module by the third quarter and a performance enhancement module by the end of the year.

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TechCrunch

AUGUST 11, 2021

Toni Eliasz is the program manager of the Disruptive Technologies for Development Program (DT4D) that supports the innovation and adoption of technology-driven solutions in World Bank Group operations. Toni Eliasz. Contributor. Share on Twitter. A glimpse into Singapore’s current startup ecosystem.

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TechCrunch

JULY 15, 2021

And today, one such company, Play2Pay , has raised $13 million in a Series A round of funding. The “opt-in” offering is currently available to more than 100 million mobile subscribers across the United States, United Kingdom, Mexico, Brazil and Indonesia through partnerships with telecom companies such as AT&T Mexico, Cricket in the U.S.,

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TechCrunch

OCTOBER 25, 2021

Other participants include the Malaysian Technology Development Corporation (MTDC), which is wholly-owned by Khazanah Nasional Berhad, the Malaysian government’s sovereign wealth fund; ZB Capital Limited; and angel investors. Indonesian agritech platform TaniHub Group harvests a $65.5M Series B round.

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TechCrunch

DECEMBER 14, 2022

Singapore-headquartered startup Plugo has secured $9 million in a Series A funding round. Approximately 200 D2C brands have already started using Plugo’s beta service in Indonesia. “Plugo offers an unmatched suite of digital capabilities that will transform the future of e-commerce in Indonesia.”

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TechCrunch

SEPTEMBER 27, 2021

million in seed funding for its goal of becoming “the one-stop for verification in Southeast Asia.” ” The round led by Insignia Venture Partners, with participation from CCV (Central Capital Ventura, the investment arm of Bank Central Asia, the largest privately-owned bank in Indonesia), and Armand Ventures.

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TechCrunch

JULY 7, 2021

Unlike other emerging economies such as China, India and Indonesia, which have embraced digitization and technology, Pakistan has trailed the region in the adoption of technology and startup formation. Pakistan, the world’s fifth most populous country, has been slow to adapt to the internet economy.

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TechCrunch

JULY 5, 2022

In Indonesia, many logistics providers still use old-fashioned systems to track their operations and fleets, including pen-and-paper ledgers. million in Series A funding led by East Ventures. After returning to Indonesia, the two started McEasy to produce hybrid motorcycles. Indonesia has more than 22.5

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TechCrunch

JUNE 26, 2022

And if you buy the same Nike shoes in Indonesia, Thailand or the Philippines, the answer is going to be much closer to 25%, maybe upwards of 30%.”. Deliveree is currently available in Indonesia, the Philippines and Thailand. What portion of that sales cost is spent on logistics and transportation and warehousing? It’s about 8%.

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TechCrunch

AUGUST 29, 2022

A Pakistani startup, which has taken inspiration from China’s JD.com and India’s Flipkart to build a managed marketplace of electronics products, said on Tuesday it has raised seed funding from scores of investors including PayPal founder Peter Thiel. That’s the genesis of PriceOye.

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TechCrunch

MAY 4, 2023

The startup, which handles everything from raw material purchases to order fulfillment for D2C brands and suppliers, announced today it has raised $20 million in Series A funding. The round was led by East Ventures (Growth fund), with participation from Triputra Groiup and SMDV.

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TechCrunch

APRIL 12, 2021

million in pre-Series A funding led by Jungle Ventures. Its new funding is the first time Jungle Ventures has invested in the mobility sector and included participation from Wavemaker Partners, Hustle Fund and iSeed Ventures. In 2018, he moved back to Vietnam and launched Dat Bike.

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TechCrunch

JANUARY 19, 2022

The round included participation from East Ventures, FreakOut Shinsei Fund, Far East Ventures, Farquhar Venture Capital and angel investors including Allen Shim, former CFO of Slack. It brings the startup’s total raised to $4.2 SMB tech is a sector GGV invests in globally. We are excited to work with StaffAny as they expand and scale.”.

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TechCrunch

JULY 3, 2022

While many of Indonesia’s investment apps are focused on hooking first-time investors with low fees and starting deposits, PINA is targeting the middle-to-upper classes with wealth management services. The app announced today that it has raised $3 million in seed funding from AC Ventures, Vibe.VC

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Beneblog: Technology Meets Society

FEBRUARY 20, 2011

Rare, which is based in Arlington, Virginia, uses Miradi in all its worldwide campaigns to promote biodiversity and has translated the Miradi software into Bahasa Indonesia, Mandarin and Spanish. Elaina says that Miradi helped her determine what knowledge was needed by local residents to adopt behaviors that promote clean water.

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TechCrunch

MAY 11, 2021

Co-founder and chief executive officer Andrea Baronchelli told TechCrunch more than 10,000 companies now use Aspire’s business accounts and that adoption was driven by two main reasons. million in funding so far, including a Series A announced in July 2019. Founded in 2018, Aspire has raised about $41.5 Aspire raises $32.5M

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TechCrunch

JANUARY 19, 2021

PPRO (pronounced “P-pro”, as in payments professionals) plans to use the funding to continue expanding in newer markets. Payment service providers, however, no longer have a choice as merchants and their customers are pushing for the adoption.”. As a result, facilitating local payments is becoming increasingly complex.

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TechCrunch

FEBRUARY 7, 2023

A freshly funded player is PixCap , which is entering the fray with a no-code, web-based 3D design tool. million from a seed funding round. Image Credits: PixCap The costs of adopting 3D are too prohibitive for most startups. Founded in 2020, Singapore-based PixCap just secured $2.8 3D templates from PixCap.

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TechCrunch

DECEMBER 17, 2020

The funding is being led by previous backer Learn Capital, with past investors Prosus Ventures, Runa Capital, MantaRay and General Catalyst Partners also participating. The news comes on the heels of dramatic growth for the company, which has seen its user base grow from 150 million users in 2019 to 350 million today.

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TechCrunch

OCTOBER 19, 2022

This enables many more consumers and small businesses to send funds to markets in Africa, Asia and Latin America, where digital wallets are often the default payment method. Based in Singapore and San Francisco, Thunes is backed by investors including Insight Partners, GGV and Checkout.com, and has raised $130 million in funding to date.

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TechCrunch

AUGUST 23, 2021

Called SoBanHang (or “sales book”), it would help businesses that usually rely on paper ledgers digitize their operations, similar to Khatabook in India and BukuKas and BukuWarung in Indonesia. million in seed funding, with participation from investors including FEBE Ventures, Class 5 and Kevin P.

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TechCrunch

OCTOBER 7, 2021

Upmesh will use part of its new funding to double down on the Philippines and Malaysia for at least another six months, but it also wants to enter Indonesia, Thailand and Vietnam. Wong notes that even though COVID-19 drove adoption of e-commerce, it isn’t what created interest in live commerce.

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TechCrunch

AUGUST 17, 2023

The firm has fully deployed its first fund and will no longer make any further investments. Seemant Jauhari, who led HealthXCapital since it was founded eight years ago, is now a partner at Jungle, where he will invest in healthcare startups in Southeast Asia and India. HealthXCapital’s portfolio includes RED.Health, Homage , Medfin and THB.

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TechCrunch

OCTOBER 27, 2021

Wavemaker Impact is planning to a raise $25 million for its first fund and is currently looking for founders. Wavemaker has invested in more than 140 companies and currently has $180 million in AUM across its three funds in Southeast Asia.). All these are potential ideas for Wavemaker Impact entrepreneurs. “We

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TechCrunch

MARCH 1, 2021

Ben Thompson, co-founder and chief executive officer of human resources platform Employment Hero told TechCrunch that “COVID-19 accelerated the adoption of employment management software by roughly five years,” as teams adjusted to remote work. million) Series D, bringing its valuation to more than $250 million AUD ($193.4

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TechCrunch

OCTOBER 28, 2021

Sea is the 65 th most valuable company in the world with a market cap of $187 billion, while Bukalapak was Indonesia’s largest-ever IPO at $1.5 Despite strong e-wallet adoption, over 70% of adults in Southeast Asia remain either underbanked or unbanked due to various cost and geographical limitations.

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TechCrunch

MAY 10, 2022

We believe BNPL adoption at the point of sale will accelerate rapidly given consumer familiarity. Cost of funds (capital available for lending). Tabby is a great example in MENA, Akulaku in Indonesia, and so is Paidy in Japan. Jonathan Whittle. Three key areas for differentiation include: Checkout distribution (e.g.,

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