TechCrunch

JUNE 15, 2021

The firm’s comprehensive “Southeast Asia Exit Landscape Report 2.0,” is a followup to a previous report published in 2019. There was a lot of pickup on the digital healthcare side as well.”. Southeast Asia’s startup ecosystem was not immune, and had less exits, but it still did relatively well, with $8.2

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TechCrunch

FEBRUARY 10, 2023

million in Series A funding led by Sequoia Capital Southeast Asia. Other participants included EscapeVelocity, PayPal Alumni Fund and angel investor Gokul Rajaram. It is also partnered with Standard Chartered, the British multinational bank, to offer digital escrow services.

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TechCrunch

AUGUST 3, 2021

However , there’s little noise about the corridors between Africa and other regions like Latin America or Asia. Wapi Pay , a Kenyan startup with offices in China and Singapore, is carrying out this play and has carved a market for itself by facilitating payments between both extreme remittance worlds of Africa and Asia.

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TechCrunch

NOVEMBER 28, 2022

Igloo , a Singapore-based insurtech focused on underserved communities in Southeast Asia, announced it has raised a Series B extension of $27 million, bringing the round’s total to $46 million. Igloo currently works with 20 global, regional and local insurers across Southeast Asia.

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TechCrunch

NOVEMBER 10, 2021

Singapore-based TreeDots , which says it is the first food surplus marketplace in Asia, wants to help. TreeDots announced today that it has raised an $11 million Series A led by Amasia and East Ventures, with participation from investors including Active Fund, Seeds Capital, author Nir Eyal and actress Fiona Xie.

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TechCrunch

AUGUST 3, 2021

InstaCarro , a digital marketplace that connects used car sellers to dealers in Brazil, has raised $23 million in a Series B round of funding. CEO Luca Cafici started InstaCarro after having co-founded a car classified startup in Asia with Rocket Internet. Notably, U.S.-based Chehaoduo in India and Carro in Indonesia. .

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TechCrunch

SEPTEMBER 6, 2021

The South Korea and Japan-based startup automates front and backend processes including accommodation reservation, room management and front desk duties, and it will be using the funds to continue expanding its business. SevenRooms raises $50M to double down on reservations, ordering and other tools for hospitality businesses.

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TechCrunch

FEBRUARY 23, 2022

Lakhani said that NayaPay is leading a digital payment revolution in Pakistan , a cash-heavy economy, where only 1% of $4 trillion payments are done electronically. The round was led by Zayn Capital; London-based investment firm, MSA Novo; global fund manager and Graph Ventures; an early-stage VC from Silicon Valley.

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TechCrunch

OCTOBER 13, 2022

Focused on Southeast Asia, Ayoconnect ’s APIs make it faster for businesses to launch new financial services, instead of needing to build their own tech infrastructure. After leaving Lazada, he spent several years living in Indonesia, where he saw how the country could benefit from more digital financial inclusion.

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Asia API Indonesia Open 90

Nonprofit Tech for Good

SEPTEMBER 3, 2017

Source: United Nations Population Fund. In the coming decades as wealth rises in Asia, so will philanthropy and with it a second wave of online activism and giving. A messaging app revolution is happening throughout Asia, Africa, Latin America, and the Middle East. Source: 2017 Global Trends in Giving Report. billion by 2050.

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TechCrunch

FEBRUARY 15, 2022

Small businesses are the backbone of Southeast Asia’s economy, but many struggle to secure working capital loans because they don’t have traditional credit records or collateral, say the founders of Funding Societies. TechCrunch first covered Funding Societies when it raised its Series A in 2016. million loan transactions.

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TechCrunch

JUNE 27, 2021

Voyager Innovations , the Manila-based owner of PayMaya , one of the Philippines’ most popular payment and financial services apps, announced today it has raised $167 million in new funding to launch more financial services, including a digital bank. The fintech endgame: New supercompanies combine the best of software and financials.

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Philippines Digital Raise Asia 100

TechCrunch

JANUARY 29, 2023

Founded by two insurance industry veterans, Eazy Digital wants to give small insurance companies in Southeast Asia the same advantage as their larger competitors. Its SaaS platform lets insurers digitize many parts of their operations, enabling them to scale up more efficiently.

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TechCrunch

JANUARY 15, 2023

Founded in Singapore and Manila by Robertz, fellow Zalora alumni Jannis Dargel and former Grab lead product manager of maps Shrey Jain, Locad announced today it has raised $11 million in Series A funding led by Reefknot Investments , a joint venture between Temasek and logistics company Kuehne + Nagel.

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TechCrunch

MAY 17, 2022

Singapore-based venture firm Jungle Ventures is digging deeper into Southeast Asia and India with the close of its fourth fund. Fund IV totals $600 million, with $450 million for new investments and $150 million earmarked for follow-up investments in its portfolio companies.

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TechCrunch

JULY 25, 2022

The software enables HR teams to digitize employee records, automate administrative tasks like employee onboarding and time-off management, and integrate employee data from different systems. He added that “Singapore is possible the most mature market in Southeast Asia Asia in terms of software/cloud adoption and willingness to spend.

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TechCrunch

FEBRUARY 23, 2021

The onset of the pandemic has led to increased demand for digital banking options across customer income groups around the world. We’ve seen how digital banks like Zolve and Nubank have raised money in recent months to fill this need. TymeBank , a South African digital bank, announced today that it has secured an R1.6

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TechCrunch

JUNE 8, 2022

A new report from Endeavor Nigeria reveals that Africa’s digital economy and tech ecosystem is set to experience exponential growth periods. The report is dubbed “The Inflection Point: Africa’s Digital Economy is Poised to Take Off.”. The firm also has a fund, Endeavor Catalyst, which has backed many unicorns outside the U.S.

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Digital South Africa Report Africa 97

Nonprofit Tech for Good

NOVEMBER 8, 2018

Increased access to online and mobile giving technology in Africa, Asia, and South America will likely grow these numbers significantly in coming years. Together, digital communications inspire 74% of donors to give. 16) Asian donors are primarily driven by digital communications. View: Giving Trends in Asia Data Sheet.

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TechCrunch

MAY 15, 2023

million in pre-Series B funding, led by Headline Asia. The new funding will be used to grow its customer base in Singapore, Vietnam and Indonesia, and expand into new markets in Southeast Asia, like Malaysia, the Philippines and Thailand. In a statement, Headline Asia partner Aki Okamoto and principal Jonathan M.

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TechCrunch

SEPTEMBER 14, 2021

There’s a new entrant in Southeast Asia’s growing list of unicorns. Jakarta-based Xendit , best known for its digital payment infrastructure but also focused on other financial products, announced today it has raised $150 million in Series C funding, bumping its valuation to $1 billion. Accel led Xendit’s $64.6

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Philippines Global Indonesia Fund 99

Candid

AUGUST 6, 2021

To that end, the ten-year initiative will coordinate donor resources to build international networks in the independent moving image ecosystem that foster deeper collaborations between civic leaders and content creators — funding aligned organizations, research, and creative content appearing across traditional and digital platforms.

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TechCrunch

NOVEMBER 29, 2021

Endowus is the latest investment app in Southeast Asia to raise follow-on funding, adding $35 million SGD (about $25.6 Endowus raised its $23 million SGD Series A just seven months ago , led by Lightspeed Venture Partners and SoftBank Ventures Asia. million US) to its war chest. Participants included SoftBank Corp.-owned

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TechCrunch

JULY 14, 2021

Easy Eat AI , a Singapore-based startup that wants to “transform restaurants into technology companies,” announced today it has raised $5 million in funding. Many food and beverage businesses started digitizing orders and payments so they could offer deliveries during the COVID-19 pandemic.

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TechCrunch

JUNE 22, 2022

SleekFlow , an omnichannel social commerce platform that helps businesses build customer flow automation from messaging and live video to transactions, has closed $8 million Series A funding led by Tiger Global Management. Transcend Capital and AEF Greater Bay Area Fund, managed by Gobi Partners GBA, also participated in the round.

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TechCrunch

MAY 5, 2022

Rali_cap , an early-stage venture capital firm focused on emerging markets fintech, has launched a $30 million fund. Last month, the firm, formerly known as Rally Cap Ventures, reached its first close of $20 million (its initial target) before increasing the fund size, signaling a strong LP appetite. About 40% are based in the U.S.,

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TechCrunch

SEPTEMBER 14, 2022

AC Ventures (ACV) , a venture firm focused on early-stage startups in Indonesia and the rest of Southeast Asia, has reached the first close of its fifth investment fund (Fund V). The fund is targeting $250 million and has raised 65% of that capital so far, mostly from limited partners who invested in ACV’s previous funds.

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TechCrunch

APRIL 24, 2023

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.

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TechCrunch

NOVEMBER 9, 2020

Based in Hong Kong, Coherent helps insurance providers go digital. With their services more relevant than ever during the COVID-19 pandemic, the startup announced it has raised $14 million in new funding. Coherent will focus on China and emerging markets in Asia. The company also offers three tools for working with customers.

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TechCrunch

DECEMBER 28, 2021

As someone who covers Southeast Asia startups and funding stories, the best word I can think of to describe 2021 is “whoa!” Backed by international LPs, Southeast Asia-focused venture firms like Alpha JWC , AC Ventures and Jungle Ventures raised their largest funds yet.

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TechCrunch

DECEMBER 14, 2022

Singapore-headquartered startup Plugo has secured $9 million in a Series A funding round. The company wants to focus on the Indonesian market, one of the largest markets in Southeast Asia, for the next 12 months, then expand to other Southeast Asian countries, such as Malaysia, Vietnam, Thailand and the Philippines, Bang told TechCrunch.

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TechCrunch

SEPTEMBER 29, 2021

The round was led by Singapore-headquartered — and Temasek-backed — private equity firm ABC World Asia. He said with the new funds Vedantu will attempt to become profitable in the next two years. Vedantu plans to deploy the fresh funds to expand its offerings aimed at students in grade one to five.

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TechCrunch

JANUARY 10, 2022

With an eye on reversing that trend, they created Monterrey-based Parrot in April 2020, and in 2021 launched with ParrotConnect, its point-of-sale software for restaurants enabling them to digitize and take advantage of the home delivery boom to accelerate growth. million in funding. On Monday, the company announced it secured $9.5

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TechCrunch

NOVEMBER 14, 2022

million in seed funding, money it plans to use for expansion across South Asia, Southeast Asia and the MENA region. . CEO Aahan Bhojani and Ashmin Varma founded Silkhaus last year after identifying a $13 billion market opportunity for asset owners across emerging markets, particularly MENA, South Asia and Southeast Asia.

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Digital Marketing UAE Asia 84

TechCrunch

JANUARY 17, 2023

million in funding led by East Ventures Growth Fund, with participation from AlphaTrio Sustainable Technology Fund, Skystar Capital, Sovereign’s Capital, Ozora and Gobi Partners. They have strong local connectivity, but their recent performance has been lukewarm, unable to catch up with digitalization,” said Lieviant.

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Digital Indonesia Raise Asia 80

TechCrunch

AUGUST 17, 2023

The digital asset space is still trucking along, while there were some big headlines, the week was arguably a little less chaotic (for now). PT, subscribe here. Check out what caught our attention below. Balchunas is the author of “The Institutional ETF Toolbox” and “The Bogle Effect.”

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TechCrunch

AUGUST 20, 2021

The process of digitizing the operations of mom and pop stores in Nigeria is serious business right now. Europe and Asia, including Michael Novogratz’s, participated in the round. Omnibiz gets $3M to digitize Nigeria’s informal B2B supply chain. In fact, it might be the second-best thing after fintech at the moment.

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