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Li Auto says it will push for “major overseas growth” this year

TechNode

Li said many experienced personnel had been moved into the new team early this year, adding that the company is confident it will make significant progress in the overseas market this year. billion) in 2024, dragging its shares on the Nasdaq down more than 4% as of market close on March 14.

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MindFi gets $2M seed to create localized mental wellness programs for APAC markets

TechCrunch

Mental wellness startup MindFi operates throughout APAC, but wants to deliver “culturally competent” care in each of its markets. It currently operates across the Asia-Pacific region, including Sinagpore, Hong Kong and Australia, and offers its services in 16 languages. MindFi is among a cluster of startups working to change that.

Local 92
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Sequoia Capital Southeast Asia backs cross-border payments startup Tazapay

TechCrunch

The rise in open banking and payment services like India’s UPI and Singapore’s PayNow means lower costs for businesses, as well as new payment options for hundreds of millions of customers in emerging markets who don’t own credit cards. million in Series A funding led by Sequoia Capital Southeast Asia.

Asia 92
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Seoul-based payment tech startup CHAI gets $60 million from Hanhwa, SoftBank Ventures Asia

TechCrunch

This is good news for payment service operators, but the market is very fragmented, so adding payment options is a time-consuming process for many merchants. “CHAI is a late comer to Korea’s digital payments market, but we saw a unique opportunity to offer value,” said Shin.

Asia 127
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Backed by Tiger Global, Intellect is creating culturally-competent mental healthcare for Asia

TechCrunch

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. Intellect describes this as “the largest venture round raised by any mental health company in Asia.”

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Warren gets $1.4 million to help local cloud infrastructure providers compete against Amazon and other giants

TechCrunch

Based in Tallinn, Estonia, Warren’s self-service distributed cloud platform is gaining traction in Southeast Asia, one of the world’s fastest-growing cloud service markets, and Europe. AWS remains in firm control of the cloud infrastructure market. It recently closed a $1.4

Local 109
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HR automation platform Omni wants to be the ‘Rippling of Southeast Asia’

TechCrunch

Based in Singapore, it is currently active there and in Indonesia, and plans to roll out in other Southeast Asian markets after localizing for employment regulations. In terms of competition, Chan said he sees two categories: local payroll software and imported software from overseas. He added that Rippling and other top U.S.

Asia 89