TechCrunch

JULY 27, 2021

It also included returning investors Mirae-Asset Naver Asia Growth Fund and Z Venture Capital. The company’s previous round of funding was a $20 million Series C announced in April 2019. Resurgent HappyFresh raises $20M for its online grocery service in Southeast Asia.

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TechCrunch

NOVEMBER 24, 2021

The round, which is co-led by Tiger Global and Abu Dhabi Growth Fund, values Spinny at over $1.75 This is the third funding round raised by Spinny this year. Indian news outlet Entrackr first reported about the funding round. billion post-money, the source said. Hundreds of thousands of used cars are sold in India each month.

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TechCrunch

MARCH 3, 2021

New York-based Olympus Capital Asia made the investment through Asia Environmental Partners, a fund dedicated to the environmental sector. The startup plans to deploy part of the fresh capital to expand its presence in the offline market. India’s Cashify raises $12M for its second-hand smartphone business.

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TechCrunch

SEPTEMBER 23, 2021

Zola Electric , one such provider, is announcing today that it has closed $90 million in new funding to enter new markets and drive distributed renewable energy. ” The $90 million funding raised is a combination of debt and equity, $45 million each. It has plans to expand further into Northern Africa, Asia and South America.

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TechCrunch

AUGUST 3, 2021

BharatPe, which counts Coatue, Ribbit Capital and Sequoia Capital India among its existing investors, operates an eponymous service to help offline merchants accept digital payments and secure working capital. in Tiger Global-led $125M funding. India’s Infra.Market valued at $2.5B

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TechCrunch

JANUARY 11, 2021

Returning investors SoftBank Ventures Asia, Insignia Ventures and Y Combinator also participated in the round, which was made in two closes. Ajaib Group’s founders said it differentiates as a low-fee stock trading platform that also offers mutual funds for diversification.

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TechCrunch

SEPTEMBER 26, 2021

Ascend Money will use the proceeds to grow its e-wallet application – TrueMoney Wallet – and expand its digital financial services ranging from digital lending and digital investment to cross border remittances in Southeast Asia. About 70% came from Thailand while 30% came from the international market, the co-President Thamavaranukupt said.

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TechCrunch

MARCH 22, 2023

The funding landscape in Southeast Asia is still wintery, but one fintech managed to land a major round. The company’s products include online and offline buy now, pay later, personal loans, credit cards and banking services through Krom.

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TechCrunch

MARCH 23, 2023

In emerging markets like Africa , offline channels dominate retail sales, which are often driven by informal trade and cash transactions. Rutakangwa also says they are available in other markets like South Asia and Latin America. This makes sourcing data on markets, consumer behavior and products a herculean task.

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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. In a statement about the funding, Keshav Reddy, managing partner of Reddy Futures Family Office, said, “The team is customer obsessed and understands the pain problems of the industry.

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TechCrunch

FEBRUARY 10, 2023

million) in pre-seed funding. Partnering with DHL and riding on the logistics giant’s brand and extensive network, Jendaya also ships these designer offerings from Africa, Asia, the U.K., Jendaya raises funding to scale its Africa-focused luxury e-commerce platform by Tage Kene-Okafor originally published on TechCrunch

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TechCrunch

SEPTEMBER 15, 2021

million in pre-Series A funding to scale up its online coding school platform. CoderSchool will use the funding to accelerate its online teaching platform growth and technology infrastructure expansion for the company’s technical education programs that guarantee employment upon graduation. “Coding is the future.

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TechCrunch

AUGUST 17, 2021

Danggeun Market, the publisher of South Korea’s hyperlocal community app Karrot, announced it has raised $162 million in a Series D round of funding with a valuation of $2.7 The latest funding officially makes Danggeun Market a unicorn, with $205 million total raised. By the way, Danggeun means carrot in Korean.).

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TechCrunch

NOVEMBER 16, 2022

We have our own supply chain and we have the power to distribute brands across Asia via our social commerce and live distribution platforms. Summer International’s live commerce distribution network helps it understand what brands and products consumers from different parts of Southeast Asia want to buy.

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TechCrunch

JANUARY 11, 2022

Also participating was Deutsche Telekom, SoftBank Vision Fund 2, Tencent, Dragoneer, Left Lane Capital and Coatue. The new funding will be used for international expansion, product expansion through M&A and increased market share in existing geographies, said the company. based LatinX internet properties.

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TechCrunch

OCTOBER 26, 2020

Hubilo’s clients have included the United Nations, Roche, Fortune, GITEX, IPI Singapore, Tech In Asia, Infocomm Asia and Clarion Events. The startup is headquartered in San Francisco, but about 12% of its sales are currently from Southeast Asia, and it plans to further scale in the region.

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TechCrunch

NOVEMBER 27, 2022

There are a lot of talented people, like chefs and musicians, in Southeast Asia who can earn money through their work online, says TipTip founder Albert Lucius. TipTip wants to help them build up followers in their communities using an offline/online strategy, and monetize by selling content instead of relying on advertising algorithms.

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TechCrunch

MAY 4, 2021

million in seed funding. Dadoo’s previous startup Shoffr, an online-to-offline attribution platform, was acquired by Affle in 2019. Khare spent 12 years working at Google, including as director of strategic partnerships in Southeast Asia and India. Fewcents can be used to monetize articles, video and podcasts.

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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.

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SEPTEMBER 21, 2021

The company, which focuses on halal products and other items for Muslim customers, announced today it has raised a $30 million Series B, led by UOB Venture Management’s Asia Impact Investment Fund II. Super, an Indonesian hyperlocal social commerce startup, raises $28M led by SoftBank Ventures Asia.

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TechCrunch

NOVEMBER 2, 2022

During its program, SparkLabs provides funding, mentorship and access to administrative and legal advisory support for startups. and Asia. . The accelerator also operates other government-supported programs like TIPS , a tech incubator program for startups in South Korea, and manages later-stage investment funds, Kim noted. .

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TechCrunch

JANUARY 25, 2022

million in Series A funding to continue developing its automated approach to bring offline data online. Restaurants usually deal with having offline data, but time equals money, and if there is incorrect data, there can be some financial reimbursement. million in funding led by Craft Ventures.

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TechCrunch

APRIL 19, 2021

Indonesian startup CoLearn started as a chain of physical tutoring centers and was in the process of shifting to a hybrid offline-online model when the COVID-19 pandemic hit. The company announced today it has raised $10 million in Series A funding co-led by Alpha Wave Incubation and edtech-focused GSV Ventures.

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TechCrunch

NOVEMBER 24, 2020

” The-Wolfpack’s debut fund, called the Wolfpack Pioneer VCC, is already fully subscribed at $5 million USD, and will focus on direct-to-consumer companies, with plans to invest in eight to 10 startups. The firm is already looking to raise a second fund, with a target of $20 million SGD (about $14.9

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TechCrunch

MAY 16, 2023

According to the founder of Singapore-based telehealth platform Ora, 90% of its patients are less than 39 years old and have not been treated for their conditions offline. Today, Ora announced it has raised $10 million in Series A funding, which it says is the biggest telehealth Series A round in Southeast Asia.

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TechCrunch

NOVEMBER 9, 2021

In the offline space, we have 30,000 retail touch points of sale. By the second half of next year, MyGlamm plans to begin its international expansion, she said in an interview. “Fundamentally, we will be growing the growth engines we already have in place. How do we grow this to 100,000 points of sale in the next six months?”

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TechCrunch

DECEMBER 14, 2020

Koneru, who previously worked at Microsoft and invested in offline spa businesses, said that while the startup is currently not turning a profit, its margin has improved and the revenue growth has accelerated. Zenoti, which employs about 550 people, does not make money from end-customers and instead charges a subscription fee to businesses.

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TechCrunch

MARCH 3, 2021

Payfazz and Xfers , two startups that want to increase financial inclusion in Southeast Asia, announced today they have joined forces to create a new holding entity called Fazz Financial Group. Customers deposit cash with agents, and that balance can used to pay phone, electricity and other bills. ” Singapore-based Xfers Lands $2.5M

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TechCrunch

OCTOBER 7, 2021

Even though selling through Facebook Live has been gaining popularity in Southeast Asia for years, many vendors are still going through their comments afterward and using pen-and-paper to collect orders. The founders of Upmesh were building a game on top of Twitch’s API when they realized something about another group of livestreamers.

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TechCrunch

AUGUST 29, 2022

Today Propseller announced it has raised $12 million in Series A funding led by Vertex Ventures Southeast Asia and India. . Other investors participating in the round include returning backers Hustle Fund, Iterative and Rapzo Capital, along with new investors Partech, ICCP SBIT, Vulpes Ventures and Redbadge Pacific.

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TechCrunch

NOVEMBER 23, 2020

The Bangalore-based startup’s Series B was led by London-headquartered private equity firm Apis Partners (which invested through its Growth Fund II), with participation from existing investors Y Combinator and Smilegate Investments. India’s Razorpay becomes unicorn after new $100 million funding round.

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TechCrunch

NOVEMBER 3, 2021

Kakao Pay will use its IPO proceeds to speed up its global expansion, including in Southeast Asia, Europe and China, said CEO Alex Ryu at an online press conference last week. Southeast Asia and Middle East-based companies have been reaching out to the fintech company to seek strategic partnerships, Ryu mentioned. billion from $1.63

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TechCrunch

OCTOBER 19, 2021

BluePallet , an online marketplace connecting manufacturers with the chemical industry, announced today that it has raised $5 million in a funding round led by Vinmar Ventures, a subsidiary of petrochemical distributor Vinmar International. . Asia Pacific is the largest region in the global chemicals market, accounting for 49% of the $3.34

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TechCrunch

APRIL 28, 2021

But it’s something that’s not available in developing countries like Indonesia,” where many companies still conduct research offline despite its very high smartphone engagement rates. Singapore is poised to become Asia’s Silicon Valley.

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TechCrunch

NOVEMBER 17, 2021

Following a Covid-driven boost, the popular AllTrails resource for hikers, bikers, climbers, and anyone else who enjoys the outdoors, announced today it’s raised $150 million from the growth fund of global private equity firm Permira to further accelerate its business. Image Credits: All Trails.

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TechCrunch

MARCH 17, 2022

billion JPY) Series D funding. . According to a report by Nikkei , this marks Block’s first investment in an Asia-based company. The Series D brings Kyash’s total funding to approximately $107.7 Kyash , a Tokyo-based mobile financial app, has raised $41.2 million (4.9 million (12.8 billion JPY) since its inception in 2015. .

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TechCrunch

JANUARY 9, 2023

E-commerce in Southeast Asia is very fragmented, with consumers having their choice of marketplaces, e-commerce sites and social commerce. million in pre-seed funding from East Ventures, with participation from Init-6, GMO VenturePartners and Saison Capital. For brands, it means more control over consumer data and less platform fees.

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