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CoderSchool, a Ho Chi Minh City, Vietnam-based online coding school startup, announced today $2.6 In Vietnam, the demand for IT talent is dramatically increasing by 47% a year, while supply is only increasing by 8% year-on-year. Vietnam after-school learning startup Marathon raises $1.5M pre-seed round.
The home ownership rate in Vietnam is about 90% , but many millennials are struggling to join that number. Part of Y Combinator’s latest batch, Homebase was founded in 2019 to give prospective buyers in Vietnam an alternative to traditional financing. Homebase co-founders Phillip An and Junyuan Tan.
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.
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. Fuse uses mobile applications to offer an agent-focused service, B2A (Business to Agent/ Broker).
Proceeds benefit Animals Asia work to end bear bile farming and improving the welfare of animals in China and Vietnam. 11) Global Goods Partners :: globalgoodspartners.org. Serrv International is a nonprofit dedicated to fighting global poverty through fair and ethical trade. 3) Animals Asia Shop :: shop.animalsasia.org.
The startup plans to use the Series C, which brings its total raised to $170 million to date, to expedite its global expansion, make acquisitions and increase its headcount, Charlie Sanghoon Shin, co-founder and CEO of Greenlabs, told TechCrunch. Farmers Business Network just raked in a whopping $110 million in Series D funding.
This included working with global brands to grow their distribution in emerging markets. As a result, many social commerce sellers not only have unreliable supply chains but also don’t have the software and marketing support they need to build their businesses. . From a supply chain perspective, not too much has been built in.”.
Proceeds benefit Animals Asia work to end bear bile farming and improving the welfare of animals in China and Vietnam. 9) Global Goods Partners :: globalgoodspartners.org. Serrv International is a nonprofit dedicated to fighting global poverty through fair and ethical trade. 3) Animals Asia Shop :: shop.animalsasia.org.
Discovered more than a century ago in South Sudan, excelsa coffee is exciting cash-strapped locals and drawing interest from the international community amid a global coffee crisis caused mainly by climate change. The government says companies can operate safely, but warned them to focus on business. “Coffee needs peace.”
A Manila-headquartered startup called CloudEats , which operates cloud kitchens across the Philippines and Vietnam, just raised a $7 million Series A extension led by Nordstar to accelerate the digitization of food service in Southeast Asia. . We are taking the best practices along with key learnings to our next market launch.” .
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).
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.
Riiid has said it will continue to fuel its global expansion with the funding. . The exceptional capacity of Langoo in its local business with Riiid Tutor was the main reason for this acquisition,” said co-founder and CEO of Riiid YJ Jang. Riiid has been actively penetrating the global market since 2020 after it opened the U.S.
Noissue , a New Zealand-based global packaging platform, wants to make sustainable packaging accessible to businesses of all sizes. intends to use the funds to grow its global team, invest in the technology that powers its platform and localize its supply chain, according to Josh Bowden, CEO and co-founder of noissue.
Loship’s new funding will be used to expand into new cities and grow verticals like B2B deliveries for small food and beverage businesses and retail stores. Mio, a social commerce startup focused on smaller cities and rural areas in Vietnam, raises $1M seed. to connect farmers and F&B businesses in Vietnam.
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
As remote work continues to solidify its place as a critical aspect of how businesses exist these days, a startup that has built a platform to help companies source and bring on one specific category of remote employees — engineers — is taking on some more funding to meet demand. All of that is done in the cloud.”
Global food prices have dropped for three consecutive months but still remain relatively high compared to last year, per the 2022 report by the Food and Agriculture Organization of the United Nations. South Korean startup Tridge wants to address the issue via its online trade platform that matches global food agriculture buyers and sellers.
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. .
Small businesses in the U.S. Bzaar , a business-to-business cross-border marketplace, is connecting retailers with over 50 export-ready manufacturers in India. We think the next 10 years of global trade will be different from the last 100 years,” he added. That’s why we think this business needs to exist.”.
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.
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.
International guests from the US, Europe, Vietnam, Thailand, and more will converge in Shenzhen, China, to share their knowledge and secrets, collectively propelling the global short video and live streaming industry forward. million followers), and Akash Ellahi (with 14.9 million followers), making their Chinese show.
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.
Rather than a single moment in time, ESG was born out of actions in the business community over several decades that culminated into our modern understanding of ESG today. While still debated, there’s a growing consensus that business strategy should n o t just be about profit maximization.
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
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.
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.
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.
The Seoul-headquartered company also plans to make further investments in the proptech sector in South Korea and Southeast Asia, including Singapore, Vietnam, and Indonesia, Lee said. Rsquare, which opened an office in Vietnam in June, is set to enter Singapore this month and Indonesia in 2022, Lee added.
It also recently expanded into Nigeria, Ghana and Vietnam, among other markets. Around this time, the two met Mishra, who was head of business for Indian delivery startup Dunzo, and started talking about how to solve the onboarding problem at scale. It focuses on retail investors, enabling them to start with investments as small as $5.
Indeed, unlike global fintech companies , including Klarna , Stripe , and Checkout.com , which have seen their valuations cut fairly dramatically in 2022, Viva Republica boosted its valuation again. . But, it is more likely to focus on the domestic business, for the time being, Seo noted. . billion in November.)
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
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.
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.
The company, which was founded in 2013, also plans to strengthen its global operations across six countries — Thailand, Indonesia, Vietnam, Myanmar, Cambodia, and the Philippines. The e-wallet service also serves as a payment channel for B2B, ranging from big brands to local SME owners as well as street market entrepreneurs.
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.
“Buy now, pay later” (BNPL) startups have gained traction by targeting consumers, but BNPLs for businesses are also starting to take off. It allows small businesses to take out short-term credit to purchase fast-moving consumer goods (FMCG) inventory. One example is Fairbanc , which is based in Singapore but focused on Indonesia.
million Series A led by Hambro Perks, with participation from Sequoia India & Southeast Asia’s Surge, Arsenal Growth, Kaplan, Ascend Vietnam Ventures and STIC Investments. The edtech startup announced today it has raised a $14.3 But geography and time commitments also make many top internships inaccessible.
Cross-border remittances — when people living and working abroad send money back home to friends and family — continues to be a huge part of how those living in developing countries, off the global financial grid, can be helped. on 2020, as parts of the global economy started to claw back growth after a tough 2020 due to Covid-19.
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.
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.
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.
Currently in beta mode with more than 20 clients, Finantier is busy getting ready to officially launch. Open banking refers mainly to payment accounts, while open finance, Finantier’s specialty, covers a larger gamut of services, including business lending, mortgages and insurance underwriting.
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