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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
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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. Darwinbox operates a cloud-based human resource management platform. I am a strong believer in the SaaSification of Asia.

Asia 98
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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
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SwipeRx lands $27M from MDI and Gates Foundation to digitize the pharma industry in Southeast Asia

TechCrunch

SwipeRx , a platform for pharma professionals, said Tuesday it has secured a $27 million Series B round led by Indonesia’s MDI Ventures, with participation from the Gates Foundation, Johnson & Johnson Impact Ventures, Susquehanna International Group and existing backers. Certainly, SwipeRx — which raised $6.3 Image Credits: SwipeRx.

Asia 84
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HR automation platform Omni wants to be the ‘Rippling of Southeast Asia’

TechCrunch

Omni wants to be the human resources platform to rule them all—or at least all HR-related tasks. Ip told TechCrunch that he had previously worked in software investment at Goldman Sachs Growth Fund and looked at many HR tech deals, which is how he and Chan first learned about the industry. He added that Rippling and other top U.S.

Asia 89
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Japanese sneaker platform SODA raises $56.4M, accquires rival Monokabu

TechCrunch

Just half a year after leading SODA’s Series B , SoftBank Ventures Asia is raising its bet on the Tokyo-based sneaker resell platform. Other investors include South Korean sneaker reselling platform KREAM (another SoftBank Ventures Asia portfolio company), Altos Ventures and JAFCO. million monthly users.

Platform 102
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Profet AI helps manufacturers build prediction models and industrial AI software

TechCrunch

The funding will be used on Profet AI’s expansion in Japan, Southeast Asia and China, with plans to sign joint ventures with overseas partners. Profet AI’s software lets users build prediction models and industrial AI apps for production and digitalization, even if they only have basic knowledge of machine learning.