TechCrunch

OCTOBER 13, 2022

Even the largest landfills in Indonesia are at (or nearing) capacity , and the government has set an ambitious target of 30% waste reduction by 2025. For recycling business partners, including informal waste collectors, Waste4Change is building a platform to help them sell and buy solid waste with the company.

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Indonesia Build Environment NGO 87

TechCrunch

JULY 21, 2021

Indonesia is one of the world’s largest fisheries producers, but the industry is very fragmented. Aruna announced today it has raised $35 million in Series A funding led by Prosus Ventures and East Ventures Growth Fund, with participation from SIG and returning investors including AC Ventures, MDI and Vertex Ventures. Series B round.

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Indonesia Fund Platform Malaysia 98

TechCrunch

MARCH 4, 2021

SiCepat , an end-to-end logistics startup in Indonesia, announced today it has raised a $170 million Series B funding round. The logistics industry in Indonesia is highly fragmented , which means higher costs for businesses. Indonesian supply chain startup Advotics raises $2.75M led by East Ventures. million round.

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Indonesia Raise Asia Fund 102

TechCrunch

DECEMBER 13, 2021

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. The startup has closed three funding rounds of Series B within the past six months, bringing the company’s total raised to over $70 million.

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Asia Indonesia Vietnam Thailand 131

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. BukuKas and BukuWarung , for example, both recently raised large rounds to fuel their race to digitize SMEs’ operations. The company announced today it has raised $4.8

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Indonesia Digital Raise Pennsylvania 100

TechCrunch

AUGUST 19, 2021

The startup, which says it is the country’s largest direct-to-consumer insurance marketplace, announced today it has raised a $9 million Series A. The new funding brings its total raised to $12 million. We are really at a tipping point for GDP per capita and a lot of insurance carriers are focusing more on Indonesia,” said Ficari.

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Raise Indonesia Policy India 106

TechCrunch

FEBRUARY 2, 2021

BukuWarung , an Indonesian startup focused on digitizing the country’s 60 million small businesses, announced today it has raised new funding from Rocketship.vc Other companies serving SMEs in Indonesia, Southeast Asia’s largest economy, include BukuKas and CrediBook. and an Indonesian retail conglomerate. Rocketship.vc

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Digital Fund Indonesia Raise 89

TechCrunch

MAY 29, 2022

Indonesia’s sprawling archipelago has long been a headache for logistics companies, but there’s no lack of brave challengers. As in many countries around the world, on-demand delivery got a boost during the COVID-19 pandemic in Indonesia. The e-grocery delivery market in Indonesia is projected to reach $6 billion by 2025.

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South Korea Indonesia Work Raise 101

TechCrunch

JUNE 8, 2021

Today, Indonesian EWA startup wagely announced it has raised $5.6 This is the start of a vicious and costly debt cycle that has a long-lasting negative impact on individual financial well-being, which in turn impacts businesses with higher turnover, lower productivity and more employee loans,” Fischer said.

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Accessibility Service Platform Indonesia 99

TechCrunch

MARCH 2, 2021

Indonesia’s Xendit , a startup focused on building digital payments infrastructure for the region, has just raised $64.6 The funding brings the total amount raised by the Jakarta-based company to $88 million since its 2015. Xendit works with businesses of all sizes, processing more than 65 million transactions with $6.5

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Asia Raise Philippines Indonesia 99

TechCrunch

JANUARY 12, 2022

Jakarta-based investment app Pluang announced that it has raised $55 million led by Accel. Bibit raises another growth round led by Sequoia Capital India, this time for $65M. 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

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Indonesia Raise Literacy Asia 85

TechCrunch

DECEMBER 28, 2021

Backed by international LPs, Southeast Asia-focused venture firms like Alpha JWC , AC Ventures and Jungle Ventures raised their largest funds yet. And Indonesia in particular warrants special attention, as the fourth-largest economy in the world and the most populated Southeast Asian country with 273.5 million people.

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Indonesia Asia Singapore Aggregator 122

The Next Web

SEPTEMBER 13, 2013

The company is one of the largest VC–backed startups in Southeast Asia, having raised over $60M in funding. The final piece of my four-part guide to expanding a business into Asia is tailored more towards local startups and a big issue that affects many of them: raising funding from investors. Sequoia , Accel , NEA , etc.).

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Asia Money Raise India 132

TechCrunch

MAY 11, 2021

Singapore-based Aspire , which wants to become the financial services “one-stop shop” for SMEs, announced that its business accounts have reached $1 billion in annualized transaction volume one year after launching. We can go in and say we offer all-in-one financial tools for growing businesses,” he said. Aspire raises $32.5M

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Business Singapore Asia Indonesia 94

TechCrunch

JANUARY 12, 2021

The backbone of Indonesia’s economy are small- to medium-sized businesses, which account for 60% of its gross domestic product. Many still rely on manual bookkeeping, but the impact of COVID-19 has driven small businesses to digitize more of their operations. Eventually, it wants to launch a SME-focused digital bank.

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India Indonesia Software Raise 81

TechCrunch

MAY 15, 2023

Jenfi , a “growth-capital-as-a-service” platform, can provide online businesses with revenue-based financing in a little as a day. The Singapore-based startup announced today it has raised $6.6 This lets Jenfi continuously monitor its borrowers’ business activity, including revenue growth and marketing return on investment.

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Fund Service Platform Singapore 96

TechCrunch

MARCH 2, 2021

The rapid growth of e-commerce in Indonesia, especially during the pandemic, is placing increasing demands on its supply chain infrastructure. According to research institution Statistics Indonesia, there are about 5 million small and medium-sized manufacturers in Indonesia. Indonesia’s Kargo comes out of stealth with $7.6M

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Indonesia Raise Offline Statistics 87

TechCrunch

NOVEMBER 12, 2020

Railsbank , the London-headquartered Banking-as-a-Service platform, has raised $37 million in new growth funding. and expand its product in APAC, including the Philippines, Indonesia, Malaysia, Australia and Japan. Railsbank raises $10M Series A for its open banking and compliance platform.

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Sri Lanka Service Fund Raise 115

TechCrunch

MAY 19, 2022

Xendit , a payments infrastructure platform for Southeast Asia, has raised $300 million in fresh funding. 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. billion to $15 billion.

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Indonesia Philippines Asia Malaysia 99

TechCrunch

SEPTEMBER 2, 2021

Sunday , an insurtech startup based in Bangkok, announced it has raised a $45 million Series B. Its products currently include motor and travel insurance policies that can be purchased online, and Sunday Health for Business, a healthcare coverage program for employers.

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Indonesia Thailand Asia India 98

TechCrunch

DECEMBER 7, 2020

The company’s Series B, which brings its total raised since 2017 to $41 million AUD, will be used to expand in Southeast Asia and double its total team by hiring 100 new people, including 50 software developers. ” co-founder and co-chief executive officer William On told TechCrunch.

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Global Asia Australia Platform 108

TechCrunch

JULY 21, 2021

This brings GudangAda’s total raised so far to about $135 million. Founded in January 2019, GudangAda is now used by half a million SMEs and covers 500 cities in Indonesia. Before raising its Series B, it had already grown to $6 billion in net merchandise value on $35 million of funding. Its last funding was a $25.4

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Indonesia Fund Raise India 76

TechCrunch

JULY 14, 2021

The Singapore-based startup announced today it has raised a $12 million Series A to build out its B2B transactions platform. 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 million seed round.

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Singapore Service Build Raise 100

TechCrunch

JUNE 9, 2021

BukuWarung , a fintech focused on Indonesia’s micro, small and medium enterprises (MSMEs), announced today it has raised a $60 million Series A. The oversubscribed round was led by Valar Ventures, marking the firm’s first investment in Indonesia, and Goodwater Capital.

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Indonesia Singapore Digital Fund 101

TechCrunch

NOVEMBER 10, 2021

startup Ecologi , which uses the funds to plant 1 million trees every 10 days in places like Africa and Latin America, as well as doing things like protecting peatlands in Indonesia. In early 2022 the company also plans to launch Ecologi Zero , its real-time carbon footprinting software for businesses. million (£4.05 million (£4.05

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Indonesia Platform Nicaragua Madagascar 93

TechCrunch

SEPTEMBER 8, 2022

The startup announced today it has raised a $14 million Series A led by Jungle Ventures with participation from eWTP Capital (a venture fund under Alibaba and Ant Financial) and ThinkZone Ventures. Edupia raises Series A to close the education gap in Vietnam by Catherine Shu originally published on TechCrunch.

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Vietnam Education Raise Student 98

TechCrunch

MARCH 22, 2023

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 company has now raised a total of about $400 million in equity, and has committed debt facilities of almost $1 billion to grow its loan book.

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Indonesia Asia Offline Vietnam 87

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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Singapore Open Indonesia Asia 107

TechCrunch

SEPTEMBER 23, 2022

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.” .

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Vietnam Philippines Raise Asia 100

TechCrunch

DECEMBER 16, 2020

Trukita has an extended network of over 10,000 trucks, and the combination of the two companies means it is “now one of the largest logistics technology providers in Indonesia,” said co-founder and chief executive officer Andree Susanto. to advance its push to digitize logistics in Indonesia. Waresix hauls in $14.5M

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Indonesia Asia License Database 101

TechCrunch

SEPTEMBER 21, 2021

The company, which focuses on halal products and other items for Muslim customers, announced today it has raised a $30 million Series B, led by UOB Venture Management’s Asia Impact Investment Fund II. Its goal is to reach more than one million resellers throughout Indonesia over the next five years.

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Indonesia Social Asia Product 98

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. The funding brings Flip’s total capital raised to $65million. . Flip is Insight Partners’ first investment in Indonesia. . trillion in 2020, citing Bank Indonesia’s data. .

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Indonesia Support India Fund 82

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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Asia API Indonesia Open 90

TechCrunch

MARCH 23, 2021

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). In Indonesia, Jeff has identified about 40 potential partners, “but so far we have only been scratching the surface,” said Niparts. million seed round.

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Asia Alternative Vietnam Product 102

TechCrunch

SEPTEMBER 14, 2021

Jakarta-based Xendit , best known for its digital payment infrastructure but also focused on other financial products, announced today it has raised $150 million in Series C funding, bumping its valuation to $1 billion. Indonesian payments infra startup Xendit raises $64.6M in Accel-led Series B.

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Philippines Global Indonesia Fund 99

TechCrunch

MAY 7, 2021

GajiGesa , a fintech startup that provides earned wage access (EWA) and other services for workers in Indonesia, has added strategic investors to help it launch new services and expand its user base. GajiGesa, a fintech startup serving underbanked Indonesian workers, raises $2.5 The amount of GajiGesa’s latest funding was undisclosed.

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Indonesia India Asia Accessibility 95

TechCrunch

DECEMBER 22, 2020

Lalamove will extend its network to cover more small Chinese cities after raising $515 million in Series E funding, the on-demand logistics company announced on its site. According to Crunchbase data , this brings Lalamove’s total raised so far to about $976.5 All three are returning investors. million monthly active users.

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Companies China Malaysia Philippines 120