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Tiger Global, which led the startup’s Series C round in February this year, has led the $125 million Series D financing round in the five-year-old startup. It also works closely with businesses to ensure that their deliveries are made on time. Some of its clients are in Bangladesh, Malaysia, Singapore and Dubai. “We
WhatsApp is used by more than two billion around the world, and is an important tool for many small businesses. But as they scale up, even WhatsApp for Business might not be able to keep up with their needs. Built on WhatsApp for Business’ API, WATI has customer sales and engagement tools created for the messaging app.
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.
million USD) Series B led by Tiger Global, with participation from Jason Lenga. The company launched in Singapore in May, followed by Malaysia in August. 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.
SleekFlow , an omnichannel social commerce platform that helps businesses build customer flow automation from messaging and live video to transactions, has closed $8 million Series A funding led by Tiger Global Management. The global social commerce market is projected to rise to $6.2 Image Credits: SleekFlow. trillion by 2030.
Chinas Great Wall Motor is poised for its big entry into Southeast Asia, as the automaker said on Monday it would begin manufacturing its cars in Malaysia and Indonesia as early as July, in addition to its planned entry into Vietnam, local media reported.
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.
IIT Kanpur alumnus Asati co-founded the startup with Shivam Wankhede and Adarshkumar B — alumni of IIT Delhi and Indian School of Business (ISB), respectively, in August 2016. Tiger Global co-led the pre-Series A round of $5.2 Sri Lanka and Malaysia. That helped them notice the industry’s strong reliance on China.
The round was led by Tiger Global Management, with participation from returning investors Accel, Amasia and Goat Capital, the venture firm co-founded by former Y Combinator partner Justin Kan (in 2015, Xendit became the first Indonesian startup to participate in the accelerator program).
Citizenship Microsoft Asia Pacific is keeping me pretty busy. I’ve been fortunate enough to be hired to provide three social media trainings to their nonprofit partners in Malaysia (photo above), Singapore, and the Philippines. I’ve been out of touch a mere 10 days and already find myself behind the curve.
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.
This past Sunday was October 10th, 2010 – also know as 101010, the Global Work Day for climate action supported by 350.org I hope you’ll pause at each one and think about the way water is changing the lives of those in the pictures and community around the world: 350 Rising Sea Level Campaign at Kuala Terengganu, Malaysia.
Easy Eat AI offers an operating system for restaurants that lets them digitize all parts of their business, from inventory and customer orders to delivery, and gain AI-based data analytics to improve revenue. Many food and beverage businesses started digitizing orders and payments so they could offer deliveries during the COVID-19 pandemic.
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.
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.
Perhaps this is the impact of so many accelerators going virtual, widening the founder pool from whom they might matriculate to include a more global group of founders. The investment was led by Global Founders Capital , and saw participation from East Ventures and angel investors. Back to BrioHR itself, the company is announcing $1.3
Co-founded by Ben Thompson, its chief executive officer, and chief technology officer Dave Tong, Employment Hero is used by 6,000 businesses, with a total of 250,000 employees. Australia-based Employment Hero raises $45M AUD for its global expansion. “We How to do remote work right, from the teams that know it best.
With the theme of Technology for a Sustainable Future, the INCLUSION Conference on the Bund was held in Shanghai from September 7 to 9, bringing together global experts, scholars, and entrepreneurs to explore technological developments in economic industries.
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
The microfinancing platform connects investors with small businesses using mudarabah, a shariah-compliant profit-sharing agreement. Indonesia and Malaysia, in the heart of Southeast Asia, are among the countries with the largest Muslim populations in the world. Meanwhile in Malaysia, where 61.3% out of its 33.6
Akulaku, which operates in the Philippines and Malaysia in addition to Indoensia, offers a virtual credit card and installment shopping platform, as well as an investment platform and neobank. Earlier this year, Akulaku raised $100 million in funding from Siam Commercial Bank as part of another strategic investment.
Alibaba Group announced a major restructuring of its e-commerce business on Thursday, consolidating its domestic and international operations into a single e-commerce division. Why it matters: The restructuring signals Alibabas determination to enhance its global e-commerce footprint while maintaining dominance within China.
Panasonic, the consumer electronics giant that also develops solar panels, air conditioning units and many other products for its sizable buildings and construction business , is taking an investment in Aldagram. The global construction management software market is expected to reach $23.9 billion in 2031, up from $9.3
Its other backers include Tiger Global, Y Combinator and Insignia Ventures. Founded in 2019, Intellect’s markets now include Malaysia, Singapore, India and Hong Kong. In a statement, IHH Healthcare group chief strategy and business development officer Ashok Pandit said, “Mental health issues affect one in every four persons.
The company’s VP of Business Development & International Matt Cooper, with whom I spoke a few days before the IDCEE conference where he came to give a talk, is not really concerned with the rivals’ numbers though. “For Among other fastest-growing client countries one can also find Latvia, Pakistan, Romania, Lithuania, and Malaysia.
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. Part of the funding will be used to expand into new markets, like Thailand, Malaysia and Vietnam.
Its fourth fund is focused on Malaysia and run by a separate team). Its team has grown to 35 people, with most based in Indonesia, but ACV also recently established Singapore and Malaysia offices. Fund V has already made five investments, including SkorLife , IDEAL and Atma. ACV recently hired Helen Wong as managing partner.
Analysts attributed the muted performance of Socar’s debut day to an expensive valuation and slowdown in the IPO market that is reeling from the global economic downturn. The Korean car-hailing company has set up Socar Malaysia, a 79% stake owned by SK Inc, and launched services in Malaysia in 2018 and Indonesia in 2020.
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.
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. .
to send money to the region, much higher than the global average of 6.8%. Founded in 2019 by brothers Paul Ndichu and Eddie Ndichu , Wapi Pay provides a payments gateway for African businesses to receive and send money from Asia via mobile money platforms and bank accounts. African startups join global funding boom as fintech shines.
The global thirst for an up-charged pair of Yeezy’s or limited edition Jordan’s combined with a growth in a digital ecosystem is creating new opportunities, particularly in the sneaker resale market, for companies like Kicks Crew , a Los Angeles- and Hong Kong-based sneaker and apparel platform. Canada, Australia and Asia.
Vashisht said HealthifyMe is India’s top health and fitness app, but its long-term goal is to become the global leader. About 25% of HealthifyMe’s revenue comes from outside of India, including Singapore and Malaysia. HealthifyMe has now raised more than $100 million in total. We begin by building a food database with local foods.
Despite dealing with the pandemic’s impact in all of its markets, including Hong Kong and Malaysia, the company began to see business improve during the second quarter of this year. Within two months, our return for takeaway was almost the same as dine-in revenue,” said co-founder and chief global strategist CC Chang.
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.
Hwang said that its business model is similar to Outschool, the San Francisco-based after-school marketplace for children. Glorang will use the Series A to expand its service to Japan and Malaysia by the fourth quarter of this year and Taiwan, Thailand and Vietnam in the following years, Hwang said. billion in 2027 , from $17.6
Four-year-old Infra.Market said on Thursday it has raised $100 million in a Series C round led by Tiger Global. Infra.Market helps small businesses such as manufacturers of paints and cements improve the quality of their production and meet various compliances. Some of its clients are in Bangladesh, Malaysia, Singapore and Dubai. “We
The round’s other participants were Sequoia Capital India (Zenyum is an alum of its Surge accelerator program ), RTP Global, Partech, TNB Aura, Seeds Capital and FEBE Ventures. ZenyumClear is currently available in Singapore, Malaysia, Indonesia, Hong Kong, Macau, Vietnam, Thailand and Taiwan, with more markets planned.
On the back of its successful launch in Vietnam earlier this year, the startup plans to penetrate farther into Southeast Asian countries such as Thailand, Malaysia and Indonesia in 2023, co-founder and CEO Kimberly Yao said in an interview. . We are taking the best practices along with key learnings to our next market launch.” .
Carousell did not specify which business units or regional offices would be affected by the layoffs. The Singapore-headquartered company operates in Malaysia, Indonesia, the Philippines, Cambodia, Taiwan, Hong Kong, Macau, Australia, New Zealand and Canada. . million since its inception, per Crunchbase. .
The round was led by Evolvence India Fund, Sistema Asia Fund and Foundamental, while existing investors Accel, Tiger Global and Nexus also participated. Infra.Market helps small businesses such as manufacturers of paints and cements improve the quality of their production and meet various compliances.
Glints’ platform currently has three million professionals in five markets (Indonesia, Vietnam, Singapore, Malaysia and Taiwan), and 50,000 companies that are seeking workers, including AIA, IKEA, GetGo, KKday and Gameloft. Despite layoffs, there’s still a talent crunch in Southeast Asia.
Peeba says the lack of B2B-focused online wholesale solutions and tech infrastructure hampered Asia’s antiquated B2B retail, wholesale market in business growth and new market entries during the pandemic. Peeba is bringing about the next stage of global retail innovation.
Based in Singapore, ZEBOX Asia will also look at markets like Indonesia, Malaysia, Taiwan, Japan and Korea. ZEBOX CEO Gwen Salley told TechCrunch that along with access to mentoring, experts, business opportunities and funding, its incubator program gives startups opportunities to test their solutions and work with large corporations.
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