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There’s a large education gap in Vietnam between urban centers, which have access to more resources, and the smaller cities and rural areas where 80% of students live. Before founding Edupia, Hung spent 10 years as director of digital services at Viettel, the largest telco in Vietnam.
The startup’s goal is to create “small Silicon Valleys” across Vietnam, with educational centers that help prepare students of all ages for careers in tech. MindX also received another round of debt financing from Beacon Fund, an impact investment firm focused on women-owned and led businesses in Southeast Asia.
The startup’s goal is to create “small Silicon Valleys” across Vietnam, with educational centers that help prepare students of all ages for careers in tech. MindX also received another round of debt financing from Beacon Fund, an impact investment firm focused on women-owned and led businesses in Southeast Asia.
Now Infina , which calls itself the “Robinhood of Vietnam,” is announcing an oversubscribed $2 million seed round. of people in Vietnam have invested in stocks. But according to the Vietnams Securities Depository , about 500,000 trading accounts were opened during the first five months of 2021, a 20% increase from all of 2020.
Fazz , the Southeast Asian digital financial services group created by the merger of PayFazz and Xfers , announced today that it has raised a total of $100 million in Series C funding. Fazz will use the round to continue building out its business accounts, which include payment, savings and credit features.
The round was co-led by BAce Capital, an Ant Group-backed venture firm, and the direct investment unit of Sun Hung Kai & Co Limited. . MetaPlanet Holdings returned for the pre-Series C round, which also saw participation from Wealth Well, Prism Ventures and SQ Capital Group (SCCG Ventures Asia). Kamereo gets $4.6M
Proceeds benefit Animals Asia work to end bear bile farming and improving the welfare of animals in China and Vietnam. Global Goods Partners have partnered with over 60 artisan groups in more than 20 countries throughout Asia, Africa, and the Americas to help bring to market the fair trade, handcrafted products they produce.
A few months ago, brothers Hai Nam Bui and Hai Long Bui were developing a bookkeeping app for small retailers in Vietnam. Called SoBanHang (or “sales book”), it would help businesses that usually rely on paper ledgers digitize their operations, similar to Khatabook in India and BukuKas and BukuWarung in Indonesia.
To get more data for its latest Southeast Asia Tech Talent Compensation report, which covers startup hiring in Singapore, Indonesia and Vietnam, Monk’s Hill Ventures teamed up with Glints , one of its portfolio companies. Glints is a recruitment platform that claims 4 million users each month and is used by 30,000 organizations.
The startup, which launched its app in Vietnam last year, announced today it has raised $1 million, led by the Estonian Business Angels Network (EstBAN). Jeff currently claims more than 300,000 users in Vietnam. ” Payfazz invests $30M in Xfers as the two Southeast Asian fintechs form Fazz Financial Group.
Payfazz and Xfers , two startups that want to increase financial inclusion in Southeast Asia, announced today they have joined forces to create a new holding entity called Fazz Financial Group. Kwik will serve as Fazz Financial Group’sgroup CEO, while Liu will be the financial entity’s deputy CEO.
Proceeds benefit Animals Asia work to end bear bile farming and improving the welfare of animals in China and Vietnam. Global Goods Partners have partnered with over 60 artisan groups in more than 20 countries throughout Asia, Africa, and the Americas to help bring to market the fair trade, handcrafted products they produce.
Investors include China’s Alibaba Group as well as existing investors DPDgroup’s GeoPost , Facebook co-founder Eduardo Savering’s B Capital Group , Monk’s Hill Ventures, and Zamrud, a sovereign wealth fund controlled by Brunei, based on its statement. said Mr. Kenny Ho, Head of Investment for Southeast Asia, Alibaba Group.
Toni Eliasz is the program manager of the Disruptive Technologies for Development Program (DT4D) that supports the innovation and adoption of technology-driven solutions in World Bank Group operations. Singapore is home to fewer than six million people, making it one of the smallest ASEAN countries, in terms of population.
The company is focused on creating a vertically integrated supply chain with a B2B marketplace and a social commerce feature for group buying by consumers. TreeDots was founded in 2017 as a surplus food marketplace for F&B businesses, before it expanded its business to include social commerce, too.
Nikhilesh Goel , co-founder and Group CEO of Validus, told TechCrunch that Validus expects to create synergies with the loan portfolio of CitiBusiness, Citi Singapore’s small banking unit. It is a portfolio of loans to hundreds of small businesses in Singapore, which is the target market Validus serves, Goel added. .
Its play-to-earn business allows players to earn rewards by playing games like Axie Infinity, Townstar and Spider Tanks, and also get training from professional esports players. Ampverse CEO Ferdinand Gutierrez said that the company’s revenue has grown 125% over the last 12 months, during which it expanded into Vietnam and India. .
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. Jiang Fan, currently CEO of Alibaba International Digital Commerce, has been named as the new CEO of the group and will report directly to Wu.
Its seed round was led by Nexus Venture Partners, with participation from Insignia Venture Partners, Arka Venture Labs, Better Capital and Vietnam Investments Group.
The Vietnam War and Big Data: A Case Study in Machine Learning Robert S. It was his work as Secretary of Defense during the Vietnam War, though, that connects him to what we now call data science and big data analytics. At a high-level, winning the Vietnam War What is the key uncertainty he hoped to solve? Fair question.
The Series C round was led by Charoen Pokphand Group , which is a major shareholder of Ascend Money, with participation from Bow Wave Capital Management and returning backer Ant Group. 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.
Andrew Brodsky is a management professor at McCombs School of Business at the University of Texas at Austin. He is also CEO of Ping Group and has received numerous awards, including being chosen byPoets & Quantsas one of the Best 40-Under-40 MBA Professors of 2023. If they use business jargon, follow their lead.
A major part of Resellee’s business is grocery deliveries, including fresh produce, and it has struck partnerships with the government and farmers’ groups to meet demand during the COVID-19 pandemic. Along with fresh produce, prepaid loads are one of the key parts of Resellee’s business strategy.
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. pre-seed round.
The Seoul-based firm has expanded to China and Vietnam with its smart farm technologies since 2021. Its comparable peers include Farmers Business Network , Climate Corporation, Indigo Ag and Ninjacart in the global market, the company said. Indonesian agritech platform TaniHub Group harvests a $65.5M Series B round.
“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.
Supermom currently has a presence in Indonesia, Malaysia, Singapore, Vietnam and Thailand, and plans to expand into more markets. Supermom was founded by Joan Ong, Luke Lim, Lynn Yeoh and Rebecca Koh, and originally started as a platform in 2013 for community groups and in-person events.
Kredivo Holdings , which offers credit services to underbanked consumers in Indonesia and Vietnam, has raised $270 million in what it says was an oversubscribed Series D. The round was led by Japanese bank Mizuho Bank, a subsidiary of Mizuho Financial Group that contributed $125 million.
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.
” Founded in 2011 by Miri Ratner, Naftali Chayat and Melamed, who was previously VP of Intel’s architecture group, Vayyar initially developed its sensor technology to provide an alternative means of screening for early-stage breast cancer. ” (One of Vayyar’s newer offices is in China.)
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 also has another algorithm that displays the most viewed articles based on gender and age groups. The Series C brings Dable’s total funding so far to $20.5
Though some businesses may never be truly sustainable, a venture firm in Seoul argues that emerging climate-tech startups will help big manufacturers do better overall. Its average check size is $150,000, but the firm can go up to $600,000, Han told TechCrunch.
Now, however, YC seems to be actively leaning into startups that are roughly the same age, operating in the same countries and targeting exactly the same opportunity with nearly identical business models. Tradezi is a months-old, Ho Chi Minh City, Vietnam-based startup that calls itself the “Robinhood for Southeast Asia.”
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. They have access to weekly check-ins, group discussions, webinars and coaching calls in the middle and at the end of their internships.
Suddenly the malls are closed, so we’ve been able to sign some of the bigger retail outlet groups in the market as well.”. Xendit’s solutions let businesses accept payments from many of these methods through three integration options. Investors are doubling down on Southeast Asia’s digital economy.
million in pre-seed funding led by AC Venture and Alpha JWC, with participation from Living Lab Ventures and Ciputra Group. IDEAL also plans to expand to other major lending products, with a long-term vision of entering more Southeast Asian markets like Thailand, the Philippines and Vietnam.
Alibabas Southeast Asia-focused retailing unit Lazada made its first monthly profit in July, CEO James Dong announced at a Tuesday internal meeting, saying the positive status of the firms earnings before interest, taxes, depreciation, and amortization (EBITDA) proves the effectiveness of Lazadas business strategy, an attendee told TechNode.
That’s where he sees an opportunity for digital healthcare and new business models to increase access to healthcare. Securing supply from providers was crucial to meet demand, so Jungle’s board partners worked with the startup to create a time-bound group level plan.
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.
” Thuan Pham, who fled Vietnam as a child and became Uber’s CTO in 2013, is leaving the company. Maybe it’s not a technology innovation, but it’s a business innovation, and of course technology has to enable that at scale,” he said. “It had to be even more interesting than what I did at Uber for me to jump in.”
Landing has all of these furnishings made in Vietnam and shipped to warehouses in Austin, Phoenix and Alabama, where it is based. Those are more favorable terms than the roughly 55 percent typically offered to hotel developments, essentially creating a high-yield business with lower costs.”
The founders of Upmesh were building a game on top of Twitch’s API when they realized something about another group of livestreamers. Upmesh will use part of its new funding to double down on the Philippines and Malaysia for at least another six months, but it also wants to enter Indonesia, Thailand and Vietnam.
More than $15 million has been donated so far More than $15 million in cryptocurrency has been donated to Ukrainian groups since Russia attacked the country on February 24th, according to research firm Elliptic. Ukraine is known for its tech talent, with more than 200,000 tech workers, and its IT export business did $6.8
Farmers typically sell their produce at markets, occasionally forming groups with other farmers. to connect farmers and F&B businesses in Vietnam. But they don’t have a lot of information about market places and supply/demand beyond their communities. Kamereo gets $4.6M Between a rock and a farm raise.
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