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Summer International uses social media data to launch new beauty brands

TechCrunch

Summer International stays ahead of the game by identifying the most influential content creators, and working with them to incubate new brands. NYX founder and Bespoke Beauty Brands CEO Toni Ko will also join Summer International as a strategic investor. NYX was acquired by L’Oreal in 2014 for about $500 million.

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Southeast Asian startups to watch in 2022

TechCrunch

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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Waresix acquires Trukita to connect more of Indonesia’s fragmented logistics chain

TechCrunch

While Waresix’s platform digitizes all parts of the supply and logistics chain, its current focus is on mid-mile logistics services, or transportation from warehouses to distributors. to advance its push to digitize logistics in Indonesia. Waresix hauls in $14.5M It currently serves more than 100 cities.

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Pakistan’s growing tech ecosystem is finally taking off

TechCrunch

Unlike other emerging economies such as China, India and Indonesia, which have embraced digitization and technology, Pakistan has trailed the region in the adoption of technology and startup formation. Despite this, investors have dreamed for years of the huge opportunities in unlocking Pakistan’s potential as a digital economy.

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SwipeRx lands $27M from MDI and Gates Foundation to digitize the pharma industry in Southeast Asia

TechCrunch

SwipeRx , a platform for pharma professionals, said Tuesday it has secured a $27 million Series B round led by Indonesia’s MDI Ventures, with participation from the Gates Foundation, Johnson & Johnson Impact Ventures, Susquehanna International Group and existing backers.

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Kodland, which teaches kids digital skills, grabs $9M to scale its online coding school

TechCrunch

London-based Kodland , which started out back in 2018 offering in-person courses for children to learn digital skills like computer programming before switching focus to online learning from early 2020, has closed a $9 million Series A funding round to scale into more markets. Ireland, the U.S.,

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Citi backs Indian SaaS startup Lentra as it plans to expand internationally

TechCrunch

Existing investors Bessemer Venture Partners and Susquehanna International Group (SIG) led the round with strategic participation also from Citi Ventures, a subsidiary of the New York-based investment banking giant Citigroup. The Mumbai-based startup works with commercial banks to power their digital loan services.