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Based upon the survey results of 4,084 donors worldwide, the 2017 Global Trends in Giving Report is an annual research project that examines how donors prefer to give and engage with their favorite causes and charitable organizations. 16) In Asia, religious giving is more diverse than any other region in the world.
6,057 donors completed the 2018 Global Trends in Giving Survey and based on their responses, the donor community worldwide is made up of primarily women (65%) who have a liberal ideology (53%) , characterize themselves as religious (72%), and give between ($101-$1,000 USD) annually (43%). 20% say Instagram, and 13% say Twitter.
Indonesia-based insurtech startup Fuse announced today it has secured $25 million of Series B extension round as it plans to enter more countries including Thailand and Vietnam in Southeast Asia. The company said it has the largest GWP in Indonesia and Southeast Asia. .
Mental health startup Intellect ’s ambitious goal is to be available across the Asia-Pacific, but ensure localized, culturally-competent care in each of the many markets it serves. 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.
As the social conscience of globalization, the nonprofit sector needs to contemplate future challenges and adjust their programs accordingly – and to inspire the next generation to tackle these challenges, nonprofits need to also understand how Gen Z uses technology. of the global population, and by 2050, that number will rise to almost 22%.
Global growth is among the key pillars underpinning the electric vehicle makers goals of maintaining sales momentum in 2025, chief executive Li Xiang told investors on March 14. Meanwhile, the companys annual profit plunged by nearly a third to RMB 8 billion ($1.1
The round was led by Hanhwa Investment & Securities, with participation from SoftBank Ventures Asia (the early-stage venture capital arm of SoftBank Group), SK Networks, Aarden Partners and other strategic partners. The Seoul-based startup announced today it has raised a $60 million Series B.
HR tech platform Darwinbox has more than tripled its valuation to become a unicorn in a new $72 million funding round as the Indian startup leads what an investor calls the “SaaSification of Asia” trend. I am a strong believer in the SaaSification of Asia. You may ask why SaaS for Asia needs to even exist as a category.
million in Series A funding led by Sequoia Capital Southeast Asia. Existing investors Foundamental, January Capital, RTP Global and Saison Capital also returned for the round. The funding will be used to scale Tazapay’s business in Asia and expand in regions like the Middle East and Europe.
Second, the popularity of social networking is steady and continues to spread globally, but messaging apps such as WhatsApp, LINE, and Snapchat are emerging as powerful digital communities. Source: 2017 Global NGO Online Technology Report. Source: 2017 Global NGO Online Technology Report. Source: 2016 Donor Loyalty Study.
Digitimes Asia reports that Japanese suppliers Chemi-Con and Nichicon had to close their facilities in Malaysia because of Covid lockdowns in July and August. Even after ending the lockdowns, they've reportedly only returned to around 60 percent of their workforce, which has forced them to cap their manufacturing capacity.
3) Animals Asia Shop :: shop.animalsasia.org. Proceeds benefit Animals Asia work to end bear bile farming and improving the welfare of animals in China and Vietnam. 11) Global Goods Partners :: globalgoodspartners.org. Serrv International is a nonprofit dedicated to fighting global poverty through fair and ethical trade.
Returning investor Vertex Ventures Southeast Asia and India, which led Speedoc’s $5 million Series A in 2020, also participated. Speedoc will use its new funding to expand in Southeast Asia, especially in cities where there is a shortage of healthcare professionals.
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.
Now Thoughtfull , another digital mental health platform focused on Asia, has raised $4 million in a pre-Series A round led by Sheares Healthcare Group. Thoughtfull marks Sheares’ first investment in mental healthcare in Asia. Sheares is a wholly-owned subsidiary of Temasek. Sheares’ other investments include its latest exit, a U.S.-based
3) Animals Asia Shop :: shop.animalsasia.org. Proceeds benefit Animals Asia work to end bear bile farming and improving the welfare of animals in China and Vietnam. 9) Global Goods Partners :: globalgoodspartners.org. Serrv International is a nonprofit dedicated to fighting global poverty through fair and ethical trade.
On Friday, Tiger Global said it is backing their startup, CreditBook , to help address those challenges. The over reliance on paper to maintain ledger and the always-running low cash flow is a challenge that merchants in many markets in South Asia and Southeast Asia share. Images Credits: CreditBook.
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. This brings its total raised to $43 million, including the oversubscribed first tranche of its Series B, which was led by Tiger Global and closed in January 2022.
Apna announced on Thursday that it has raised $100 million in a round led by Tiger Global. TechCrunch reported last month that Tiger Global, an existing investor in Apna, was in talks to lead a $100 million financing round in the startup at the unicorn valuation. ” Tiger Global goes super aggressive in India.
Today, one of such, MAGIC Fund , a global collective of founders, is announcing that it has raised a second fund of $30 million to continue backing early-stage startups across Africa, Europe, Latin America, North America, and Southeast Asia. Hendra Kwik of Payfazz has such a reputation in Southeast Asia as well.
Undergirding their strong conviction is a bet that India and Indonesia and other markets in South Asia will double and triple their GDPs in the next 10 to 15 years, and the public markets and tech companies stand to take a significantly broader role in that surge. The combined market cap of top-five tech companies in the U.S.
The round was led by Tiger Global with participation from returning investors Sequoia Capital India & Southeast Asia, and new investors DST Global Partners and Shopify (marking the e-commerce platform’s first venture investment in a startup operating in the Southeast Asia region).
The two-year-old VC fund invests in B2B and API-first fintechs across Africa, Latin America and South Asia at pre-seed and seed stages. while the rest are spread across Africa, Latin America and Southeast Asia, markets where they deployed more than $6 million last year. It expects to achieve a second close by the end of June.
Sun King, a provider of off-grid solar energy products in Africa and Asia, has secured a $70 million equity investment led by LeapFrog Investments. Sun King asserts to be the largest of this kind globally. Sun King raises $260M to widen clean energy access in Africa, Asia.
Perhaps an exception to this oft-repeated phrase, in my experience, is Entrepreneur First out of London/Europe (but now also in Asia), and even then that entity is slightly closer to a pre-accelerator in the way it assembles talent before it assembles the startups (although it does also fund its startups). And one of one of them was Georgia.
According to the 2017 Global NGO Online Technology Report , “NGO” is the predominant term used in Africa (53%), Asia (52%), and Europe (31%). 2017 Global Trends in Giving Report. Spanish, French, Italian, Portuguese, and Romanian). There are an estimated 10 million NGOs worldwide of which the majority are not yet online.
It’s unclear if the new model is exclusive to China or Asia, or if it’s being distributed globally. The ‘new’ 970 Evo Plus was first tested by a Chinese YouTube channel (whose video on the topic does have English subtitles, if you want to watch).
The Bangalore-based startup, which focuses on K-12 online education, said on Wednesday it has raised new funds from Tiger Global Management and Dragoneer Investment Group. Today, I’m delighted to welcome Tiger Global and Dragoneer as our partners in the journey. billion in September , when SoftBank led the round.
Based in Singapore, ZEBOX Asia will also look at markets like Indonesia, Malaysia, Taiwan, Japan and Korea. Additionally, the city state’s strategic location at the crossroads of major shipping lines and air routes connects large parts of Asia to the rest of the world, making it a global logistics hub,” he added.
Moove is targeting seven new markets across Asia, MENA and Europe over the next six months. “As We have managed to build a Nigerian solution for what we now know is a global problem. And I’m hoping that it’s going to be the beginning of a lot more Nigerian born startups and solutions, being able to solve global problems.”.
Geoff Huston is calling for the creation of a hypothetical "routing police," a third-party organization that should thoroughly investigate internet service providers when a major outage leaves millions of users with no internet connection.
The recent, and now past, venture capital boom was a global affair. Southeast Asia is a frequently noted example of the phenomenon. After initially defying the global slowdown, African startups’ first quarter venture results fall by Anna Heim originally published on TechCrunch Latin American as well.
As someone who covers Southeast Asia startups and funding stories, the best word I can think of to describe 2021 is “whoa!” This was the year that global investors not only started to pay close attention to the region’s tech ecosystems, but also began putting real money into them. A close look at Singapore’s thriving startup ecosystem.
Let’s talk about the fintech market from a global perspective and a U.S.-focused The global perspective. Nor that as the boom faded, fintech did as well. New Q2 2022 data from CB Insights and PitchBook lay bare fintech’s retreat. focused viewpoint. What’s really going on out there?
Japanese commerce enabler AnyMind , which helps brands and influencers’ online operations, has closed a ¥5 billion (approximately $36 million) Series D round on the back of that boost to make additional acquisitions in Japan and globally. The Series D funding, which brings its total funding to date to approximately $91.7
as well as many other users across Latin America and Asia. Its deployed by governments and conservation organizations in 76 countries and 650 protected areas, including nearly every national park in Africa, about a dozen state fishing and wildlife departments in the U.S.,
Tiger Global is one of the most prolific investors in India and is a backer of over a third of all unicorn startups in the country. The New York-headquartered firm, which counts India among its top three markets globally, has deployed over $6.5 In Flipkart alone, Tiger Global has invested over $1 billion. billion valuation.
But we can get a peek at a critical part of the VC universe early, thanks to a preview of global fintech investment results from CB Insights. Some startup stages and regions did well, but amidst the good news, one of the hotter domestic segments of startup land is not set to have a good global year. Let’s get into the numbers.
The strategic partnership will help South Korean e-commerce brands grow domestically and make inroads into more countries in Asia. Una, one of the largest e-commerce aggregators in Asia, has already established its presence across Asia, including Singapore, Australia, India, China, Indonesia, Malaysia and Taiwan, since its launch in 2021. .
Skit announced today it has closed $23 million Series B round to accelerate its growth in domestic and global markets including the US and South East Asia and enhance its voice automation platform. We want to double down and scale operations in both Indian and global markets. It currently has 150 employees.
Intellect , a Singapore-based startup that wants to lower barriers to mental health care in Asia, says it has reached more than one million users just six months after launching. Singapore-based Intellect wants to lower barriers to mental health support in Asia. Chai also participated. Intellect offers two products.
This is one of Salesforce Ventures’ rare investments in Asia. The startup initially took a hit as its customers scrambled to navigate through the global pandemic, but the last two quarters have been its best to date, said Peddi. Image Credits: Darwinbox. “We will be leveraging the power of our platform to do a lot more.
Tiger Global, led by John Curtius (who has since departed the firm), led the company’s seed raise with Amity and BoxGroup also participating. “As Meanwhile Dan Chan founded JANDI, which is dubbed the Slack of Asia. . Amity and BoxGroup co-led Mayfair’s pre-seed financing. Want more fintech news in your inbox? Sign up here.
TPG invested in the startup through its TPG Capital Asia, its Asia-focused private equity platform. The startup, which employs more than 3,500 individuals globally, also helps its clients with decision-making actions, Velamakanni said. This is becoming more and more crucial to firms, especially amid the pandemic,” he said.
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