TechCrunch

SEPTEMBER 14, 2022

The equity investment came from returning investors Tiger Global, DST Investment, B Capital, Insignia Ventures Partners and ACE & Company, with participation from Ilham Ltd, EDBI, InterVest, Y Combinator managing director Michael Seibel and GGV Capital managing partner Hans Tung. The debt facility is from Lendable.

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TechCrunch

SEPTEMBER 23, 2022

While Indonesia isn’t the most crypto active in the region — total crypto value received was less than half of Thailand’s from July 2021 to June 2022, according to Chainalysis — the country is thought to hold huge potential for web3 adoption, thanks to a young and sizable (270 million) population as well as a vibrant Web 2.0

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TechCrunch

MAY 3, 2021

Hangry , an Indonesian cloud kitchen startup that wants to become a global food and beverage company, has raised a $13 million Series A. It will be used to increase the number of Hangry’s outlets in Indonesia, including launching its first dine-in restaurants, over the next two years before it enters other countries.

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TechCrunch

DECEMBER 7, 2020

million USD) Series B led by Tiger Global, with participation from Jason Lenga. Shippit is considering expansion into the Philippines and Indonesia, too, and expects its Southeast Asian business to grow 100% year-over-year for the next three years at minimum.

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TechCrunch

DECEMBER 28, 2021

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. As a global financial center, one could argue that Singapore’s startup ecosystem is in a category of its own when compared to its neighbors. million people.

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TechCrunch

MAY 29, 2022

Indonesia’s sprawling archipelago has long been a headache for logistics companies, but there’s no lack of brave challengers. The Series B round was led by Accel, Citius and Tiger Global, with participation from existing investors AC Ventures, Global Founders Capital, Lightspeed and Sequoia Capital India. ”

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TechCrunch

MAY 19, 2022

The new round brings its total raised to $538 million and was led by Coatue and Insight Partners, with participation from Accel, Tiger Global, Kleiner Perkins, EV Growth, Amasia, Intudo and Goat Capital. Many small businesses, however, do not have the time or resources to do that. This friction means lost business for companies.

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The Verge

SEPTEMBER 16, 2021

WhatsApp is piloting a new business directory in São Paulo, Brazil that lets users find local shops and services with a presence on the app, the service’s head Will Cathcart has announced. Reuters reports that the test will include thousands of businesses in the city. link] — Will Cathcart (@wcathcart) September 15, 2021.

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TechCrunch

DECEMBER 22, 2020

But in markets like Indonesia, many still use digital wallets or e-commerce platforms, creating alternative sources of user data that can help them secure working capital and other financial tools. Currently in beta mode with more than 20 clients, Finantier is busy getting ready to officially launch.

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TechCrunch

APRIL 19, 2022

trillion, per the company ) in its public-market debut on the Indonesia Stock Exchange (IDX) earlier this month. Given the generally glacial global IPO climate and the fact that GoTo managed to float without sinking, The Exchange got curious. billion (IDR15.8 GoTo most recently raised a $1.3 Financials.

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TechCrunch

MARCH 1, 2021

Businesses, and the tech platforms that support their operations, had to adapt quickly to the pandemic. Employment Hero is designed for small-to-medium sized businesses, and combines human resources, payroll and benefits features. During the pandemic, the company launched a new service called Global Teams for remote work.

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TechCrunch

JANUARY 12, 2021

Dable (the name is a combination of “data” and “able”) currently serves more than 2,500 media outlets in South Korea, Japan, Taiwan, Indonesia, Vietnam and Malaysia. It has subsidiaries in Taiwan, which accounts for 70% of its overseas sales, and Indonesia. The Series C brings Dable’s total funding so far to $20.5

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TechCrunch

DECEMBER 7, 2021

Flip , an Indonesia-based fintech startup, announced today it has raised $48 million in a Series B to accelerate its growth. Flip is Insight Partners’ first investment in Indonesia. . Arriyan, Luqman Sungkar and Ginanjar Ibnu Solikhin co-founded the company in 2015 while studying at University of Indonesia.

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TechCrunch

OCTOBER 13, 2022

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. It is also licensed by Indonesia’s central bank, enabling it to offer more services.

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TechCrunch

JULY 12, 2021

If you follow startup news from Indonesia, you know that the country’s estimated 60 million small businesses are a hot target for tech companies. million in seed funding from Go Ventures, RTP Global, AlphaJWC, Sequoia Capital India’s Surge, FEBE Ventures and Taurus Ventures. The company announced today it has raised $4.8

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TechCrunch

APRIL 27, 2023

The microfinancing platform connects investors with small businesses using mudarabah, a shariah-compliant profit-sharing agreement. Indonesia emerged as the best choice. Indonesia and Malaysia, in the heart of Southeast Asia, are among the countries with the largest Muslim populations in the world. out of its 33.6

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Tableau

DECEMBER 7, 2020

Especially after the long bumpy ride we have all been on since the start of 2020, and that we continue to live through the pandemic, can businesses really be optimistic about their future health? It can be particularly tough for businesses in Asia Pacific & Japan (APJ) who have been weathering this storm the longest.

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TechCrunch

MARCH 30, 2021

Founded in 2018 by Daniel Hazman and Jonathan Keith, Nimbly is currently used by more than one hundred organizations in seven countries, including Indonesia, Singapore, Malaysia and the United States. The startup announced today it has raised $4.6 AI-based customer engagement platform iKala raises $17 million to expand in Southeast Asia.

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TechCrunch

FEBRUARY 9, 2022

Brick currently operates primarily in Indonesia, but is planning to expand into Singapore and the Philippines before eventually covering all markets in Southeast Asia. Inside Plaid’s plans to build a new, global finance network. Its third-largest vertical are bookkeeping and accounting apps used by businesses.

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TechCrunch

AUGUST 9, 2021

They became curious and the bread and butter of our business is essentially education,” said Adjiputro. “We While the rate of retail investment in Indonesia is still low, its growing quickly because of a confluence of factors , including people’s desire to diversify and increase their assets during the pandemic.

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TechCrunch

APRIL 19, 2021

This marks the first time both have made an investment in Indonesia. One of the Jakarta-based company’s goals is to improve educational standards in Indonesia. CoLearn started its offline in business in 2018, before shifting to a hybrid model. Edtech giant Byju’s in talks to raise at $15 billion valuation.

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TechCrunch

MARCH 2, 2021

Xendit works with businesses of all sizes, processing more than 65 million transactions with $6.5 Its website promises businesses that “with a single integration,” they can accept payments in Indonesia and the Philippines. So the first few months of the year, the startup’s business was hit hard.

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Asia Raise Philippines Indonesia 99

TechCrunch

JUNE 8, 2021

Other investors included the Asian Development Bank (ADB) Ventures, PT Triputra Investindo Arya, Global Founders Capital, Trihill Capital, 1982 Ventures and Willy Swandi Dharma, former president director of insurance company PT Asuransi Adira Dinamika. In Indonesia, wagely’s competitors include GajiGesa and Gajiku.

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TechCrunch

MAY 30, 2022

HitPay has almost everything SMEs need to run their businesses. million in Series A funding led by Tiger Global, with participation from returning investors Global Founders Capital and HOF Capital. That entails all our plugins, point of sale software, business software, online stores and recurring payments.

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TechCrunch

SEPTEMBER 14, 2022

AC Ventures (ACV) , a venture firm focused on early-stage startups in Indonesia and the rest of Southeast Asia, has reached the first close of its fifth investment fund (Fund V). Founded in 2014, ACV’s portfolio now has over 120 investments in Indonesia and the rest of Southeast Asia.

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TechCrunch

MAY 5, 2021

The new funding will be put toward product development and supporting the platform’s global expansion, per Khudir. The new funding will be put toward product development and supporting the platform’s global expansion, per Khudir. Quizlet valued at $1 billion as it raises millions during a global pandemic.

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TechCrunch

JANUARY 12, 2022

million registered users in Indonesia, and says that from January 2020 to November 2021, it marked 22x growth in monthly transacting users and 28.5x Indonesia has high rates of savings and relatively low rates of retail investing, but that is quickly changing. growth in users with an active balance. .

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TechCrunch

MARCH 21, 2022

It is a portfolio of loans to hundreds of small businesses in Singapore, which is the target market Validus serves, Goel added. . Goel also said that the deal will be financed through a securitization facility Validus is arranging with a number of global financial institutions. The acquisition will be completed in April 2022. .

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TechCrunch

MAY 17, 2021

BukuKas , a startup focused on digitizing Indonesia’s small businesses, has raised $50 million in Series B funding. BukuKas was founded by Menon and chief operating officer Lorenzo Peracchione, who met while working at Lazada Indonesia. million businesses so far and now has a total of 3 million monthly active users.

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TechCrunch

SEPTEMBER 16, 2021

The company, which is best known for its electric Smartscooters and swappable battery infrastructure, announced today it will list on Nasdaq through a merger with Poema Global , a SPAC affiliated with Princeville Capital. Given our business plans, it gives us a great opportunity to focus on the expansion,” he said.

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TechCrunch

AUGUST 11, 2021

In addition, Toni works on several digital-economy-related initiatives that support the scaling of digital businesses, stimulate startup ecosystems and accelerate the digital transformation of key industries in Africa, Asia, the Caribbean and the Middle East. Jamil Wyne. Contributor. A glimpse into Singapore’s current startup ecosystem.

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TechCrunch

MARCH 3, 2021

As part of the deal, Payfazz, an agent-based financial services network in Indonesia, invested $30 million into payments infrastructure provider Xfers. In Indonesia, Payfazz has built a network of 250,000 financial agents to reach people in rural areas where many banks don’t operate branches. ” Singapore-based Xfers Lands $2.5M

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TechCrunch

JULY 14, 2021

All of Tinvio’s existing investors—Sequoia Capital India’s Surge, Global Founders Capital and Partech Ventures—also returned for its Series A, which brings Tinvio’s total raised to $18.5 Tinvio’s last funding announcement was a $5.5 million seed round in April 2020. Tinvio, a communication platform for supply chain merchants, gets $5.5

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TechCrunch

NOVEMBER 12, 2020

Also participating is Anthos Capital, Global Brain, Clocktower Technology Ventures, Moneta VC, Mitsui Fudosan and Firestartr. Nigel Verdon, co-founder and CEO of Railsbank, tells me the injection of capital will be used to continue expanding the fintech’s global footprint and for further product development.

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TechCrunch

AUGUST 19, 2021

Indonesia’s insurance penetration rate is only about 3% , but the market is growing along with the country’s gross domestic product thanks to a larger middle-class. “We We are really at a tipping point for GDP per capita and a lot of insurance carriers are focusing more on Indonesia,” said Ficari. Qoala raises $13.5M

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TechCrunch

OCTOBER 21, 2021

They can’t list those designs publicly on their website or sell through popular business-to-business platforms such as Alibaba and IndiaMart, as doing so would risk giving away the proprietary property to rivals. The way their business works is that buyers offer feedback and provide specifications for exactly what they want.

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TechCrunch

AUGUST 8, 2022

Miferia , a Mexico-based business-to-business wholesale marketplace, bagged $7 million in seed funding to continue developing its curated website connecting independent retailers in Mexico with domestic brands in categories like cosmetics, food and beverage and home décor. Meanwhile, Miferia is still in its early stages.

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