article thumbnail

Indonesian insurtech startup Fuse gets $25M Series B extension to expand further in Southeast Asia

TechCrunch

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 pandemic accelerated the digital transformation in the insurance industry, one of the most conservative sectors.

Asia 131
article thumbnail

Predicting the next wave of Southeast Asia tech giants

TechCrunch

Amit Anand is a founding partner of Jungle Ventures and an early pioneer and leader in the development of Southeast Asia’s venture capital industry. Southeast Asia is hitting a sweet spot. Amit Anand. Contributor. Share on Twitter. However, these companies only represent the highlights of what is a blossoming startup ecosystem.

Asia 96
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Southeast Asia farm-to-table startup Secai Marche raises Series A

TechCrunch

Secai Marche , a farm-to-table fulfillment platform serving farmers in Japan and Southeast Asia, announced today it has raised 210 million Japanese yen (about $1.6 Spiral Ventures Asia Fund I and Beyond Next Ventures. million USD) in Series A funding. This brings the startup’s total raised so far to $4.5

Asia 98
article thumbnail

Asia HR tech platform Darwinbox becomes unicorn with TCV-led $72 million funding

TechCrunch

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.

Asia 98
article thumbnail

Despite layoffs, there’s still a talent crunch in Southeast Asia

TechCrunch

Tech layoffs have hit almost every region in the world , and Southeast Asia is no exception , with companies like Sea , Crypto.com and JD.ID I think what we have seen is that there has been a lot of capital being pumped into the tech industry over the past two to three years in a major bull run. among those affected.

Asia 96
article thumbnail

Golden Gate Ventures forecasts a record number of exits in Southeast Asia

TechCrunch

The firm’s comprehensive “Southeast Asia Exit Landscape Report 2.0,” is a followup to a previous report published in 2019. While tech fared well compare to many other industries, one downside was that the COVID-19 pandemic caused overall global venture capital investment to decline. It’s a definite increase,” said Lints.

Asia 102
article thumbnail

Backed by East Ventures, Fr8Labs aims to digitize Asia’s logistics industry

TechCrunch

In Western markets, freight forwarders are well into digitizing their operations, but the same doesn’t hold true in Southeast Asia, say the founders of Fr8Labs. The reasons for that include the lack of localized software and a more fragmented logistics industry where SMBs dominate. All rights reserved.