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CoderSchool, a Ho Chi Minh City, Vietnam-based online coding school startup, announced today $2.6 million in pre-Series A funding to scale up its online coding school platform. In Vietnam, the demand for IT talent is dramatically increasing by 47% a year, while supply is only increasing by 8% year-on-year. pre-seed round.
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. Edupia , an online learning platform, is bridging that divide with its live classes and private tutoring.
Kilo , a Vietnam-based B2B e-commerce platform that connects wholesalers with micro, small and medium enterprises (MSMEs), wants to digitize the local retail value chain via technology. “In Kilo was founded in 2020 by Narayan, former CMO of Groupon, vice president of Coupang and chief business officer of TIKI Corporation.
Jenfi , a “growth-capital-as-a-service” platform, can provide online businesses with revenue-based financing in a little as a day. The new funding will be used to grow its customer base in Singapore, Vietnam and Indonesia, and expand into new markets in Southeast Asia, like Malaysia, the Philippines and Thailand.
Loship , the Vietnamese on-demand e-commerce platform that started as a reviews app, announced today it has raised $12 million in pre-Series C funding, bringing its valuation to $100 million. Mio, a social commerce startup focused on smaller cities and rural areas in Vietnam, raises $1M seed. Kamereo gets $4.6M
Glints , the Singapore-based career platform, announced today it has raised $22.5 The new capital will be used on Glints’ expansion in Singapore, Indonesia, Vietnam and Taiwan and hiring for its product and engineering teams. million in Series C funding led by Japanese human resources management firm PERSOL Holdings.
Validus , a Singapore-based lending platform for small and medium-sized enterprises, is acquiring CitiBusiness’ loan portfolio for an undisclosed amount to bolster its top-line revenue and customer base and expand its growing loan book. . In January, the company crossed a significant milestone of over $1 billion (SG$1.6
His work evolved into environmental intelligence platform Komunidad , which collects data from government and private sources, and turns it into customizable analytics to help clients react quickly to potential disasters. The reports were meant to help businesses respond more quickly to natural disasters.
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. Salaries have skyrocketed,” he said.
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 will use the round to continue building out its business accounts, which include payment, savings and credit features. It plans to double its transaction volumes over the next 12 months, and expand its teams in Singapore, Indonesia, Malaysia, Vietnam and Taiwan from 800 employees to 1,400.
Berlin-based y42 (formerly known as Datos Intelligence), a data warehouse-centric business intelligence service that promises to give businesses access to an enterprise-level data stack that’s as simple to use as a spreadsheet, today announced that it has raised a $2.9 million seed funding round led by La Famiglia VC.
Singapore-based Nektar.ai , a productivity platform for sales teams, has raised $2.15 Its seed round was led by Nexus Venture Partners, with participation from Insignia Venture Partners, Arka Venture Labs, Better Capital and Vietnam Investments Group. Nektar co-founders Abhijeet Vijayvergiya and Aravind Ravi Sulekha.
Social commerce sellers can be as small as one person selling products to their followers on social media platforms like Instagram or Facebook. 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. .
The ability to easily and quickly identify bad content is an essential feature of a user-generated content platform. But this morning he changed this description once again to give a more detailed condemnation: “The ability to easily and quickly identify bad content is an essential feature of a user-generated content platform,” writes Karim.
The Indonesia-based financial platform for SMEs announced today it has raised $108 million in Series C funding led by MDI Ventures. KoinWorks is headquartered in Jakarta, with holding in Singapore and tech offices in Yogyakarta, India and Vietnam. KoinWorks is the latest.
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.
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).
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.
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.” .
Glints , one of Southeast Asia’s largest talent development and recruitment platforms, announced today it has raised $50 million in an oversubscribed Series D. The round was co-led by DCM Ventures, Lavender Hill Capital and returning investor PERSOL Holdings. This brings Glints’ total raised so far to $80 million. Glints’ team.
QuotaBook , a Seoul-based equity management platform, has raised $11 million in funding led by Elefund, with participation from Access Ventures, Hana Securities and South Korean fintech company Viva Republica. Once our core business settles down, we plan to expand into new business opportunities with the network and data we cover.
Launched in South Korea five years ago, content discovery platform Dable now serves a total of six markets in Asia. 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. Taboola and Outbrain call off their $850M merger.
Jeff ’s loan brokerage platform was created to make it easier for financial service providers to integrate alternative data scoring, allowing them reach more potential borrowers. 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).
Malaysia-based Food Market Hub is a cloud-based platform that connects food and beverage (F&B) outlets directly to suppliers, making it easier to communicate and manage orders. Orders can be placed through the platform or by email and WhatsApp. Orders can be placed through the platform or by email and WhatsApp.
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.
Small businesses are the backbone of Southeast Asia’s economy, but many struggle to secure working capital loans because they don’t have traditional credit records or collateral, say the founders of Funding Societies. The company was founded in 2015 by Kelvin Teo and Reynold Wijaya after they met in Harvard Business School.
The company wants to focus on the Indonesian market, one of the largest markets in Southeast Asia, for the next 12 months, then expand to other Southeast Asian countries, such as Malaysia, Vietnam, Thailand and the Philippines, Bang told TechCrunch. The startup looks to challenge e-commerce players like Shopify in Southeast Asia. “I
It will also use the funding to continue its expansion in overseas markets, including Vietnam, where Toss launched last year. The app launched as a Venmo-like peer-to-peer money transfer platform in 2015, before adding more services. Merchants can use Toss Payments to send and receive online payments and manage their business finances.
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. It has been partnering with Aldagram since 2022. It currently employs 60 people.
Silicon Buffalo : Catherine writes that Edtech MindX wants to build “little Silicon Valleys” across Vietnam. Either way, you probably want to keep it strictly business on LinkedIn. Daily Crunch: Twitter CEO admits he purchased platform for $44B because ‘I kind of had to’ by Christine Hall originally published on TechCrunch
The company says this is the largest Series A raised by an esports organization in Southeast Asia, based on data from PitchBook and other third-party platforms. 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.
Railsbank , the London-headquartered Banking-as-a-Service platform, has raised $37 million in new growth funding. Railsbank is a utility for the complete financial services backend: platform, connectivity, operations, scheme memberships (e.g. Railsbank raises $10M Series A for its open banking and compliance platform.
They can’t list those designs publicly on their website or sell through popular business-to-businessplatforms 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.
Pillow aspires to be an all-in-one platform that helps even newbie users save, spend and invest in crypto currency. It also recently expanded into Nigeria, Ghana and Vietnam, among other markets. The app currently has more than 75,000 users in over 60 countries.
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. Ascend Money provides a financial platform of opportunity for those financially excluded as well as SMEs around the region.
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
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. That’s why we think this business needs to exist.”. platforms, while SKU selection is growing doubling every month, Verman said. Traditionally, small U.S.
“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.
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. Concio told TechCrunch that there are currently about 40,000 resellers on Resellee’s platform, and each has an average of about 20 buyers.
A Seoul-based proptech startup called Rsquare built a data-driven platform to digitize the process, enabling tenants to compare multiple properties and find an office. Rsquare, which opened an office in Vietnam in June, is set to enter Singapore this month and Indonesia in 2022, Lee added. It has 354 employees as of October.
Xendit , a payments infrastructure platform for Southeast Asia, has raised $300 million in fresh funding. Part of the funding will be used to expand into new markets, like Thailand, Malaysia and Vietnam. Many small businesses, however, do not have the time or resources to do that. This friction means lost business for companies.
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.
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.
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