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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. The F&B sector does not use digitized procurement and inventory management solutions, which leads to inefficiency and significant added costs,” she said.
Easy Eat AI offers an operating system for restaurants that lets them digitize all parts of their business, from inventory and customer orders to delivery, and gain AI-based data analytics to improve revenue. Many food and beverage businesses started digitizing orders and payments so they could offer deliveries during the COVID-19 pandemic.
Example 4: You are a volunteer recruitment website in Malaysia. In exchange for promoting the survey, you’ll receive the data for volunteers who are also donors in Malaysia. A set of digital graphics for your email promotion and social media campaigns to which you can add your organization’s logo.
Underserved communities often face unique challenges when accessing and harnessing digital technologies. Underserved communities often face unique challenges when accessing and harnessing digital technologies. However, opportunities can emerge from developing the digital economy in these communities.
According to IDC’s Digital Universe Study , less than one percent of the world’s data is being analyzed. It claims to be the first in Asia to do so (its closest competitors are Cardinal Path in the US and fifty-five in France) and is already advising companies such as Google, Malaysia Airlines and SingPost.
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.,
Other investors included Orbit Malaysia, Citrine Capital, HMI Group and Emtek. The company currently operates in Singapore, Malaysia and Indonesia, and plans to enter into new countries with its new funding. The company announced today it has raised a $5.15 million SGD (about $3.8
Indonesia and Malaysia, in the heart of Southeast Asia, are among the countries with the largest Muslim populations in the world. Meanwhile in Malaysia, where 61.3% Along with the growing number of Islamic fintech startups digitizing the process, Islamic-compliant services are becoming accessible to more people. out of its 33.6
We digitize new brand discovery, automate the negotiation and client management process, and streamline logistics and shipping by pooling orders,” Cho said. Last week, Peeba announced its partnership with Hong Kong-based Choco Up to enable the Sell Frist, Pay Later payment option for retailers on Peeba’s platform. . “We
Today, he claims, SwipeRx has transformed and digitized the pharmacy industry and become a one-stop platform for pharmacists to perform all their daily tasks, from education to purchasing to inventory financing in Southeast Asia. Image Credits: SwipeRx.
The team also has global ambitions, which is why they brought on international investors, including Malaysia-based Petra Group. Shambroom said it’s committed to supporting underrepresented storytellers and has already hired Ben O’Keefe as its head of diversity and impact.
of iCar Asia from Malaysia internet conglomerate Catcha Group. Today Carsome Group , one of the region’s largest online used car marketplaces, said it plans to acquire listings platform iCar Asia in a transaction worth more than $200 million. Carsome has agreed to acquire 19.9%
The initial group of participating wallets includes Bank of China Hong Kongs BoC Pay, Octopus, PayMe by HSBC, and Tap & Go in Hong Kong; Bangkok Bank Mobile Banking and K PLUS in Thailand; NAVER Pay in South Korea; and ICBC Mobile Banking (ICBC Pay) in Malaysia.
The startup said in the filing today that four markets — India, Indonesia, Malaysia and Europe — account for about 90% of its overall revenue. times more revenue on average compared with the average revenue estimated at independent hotels of a similar size in India, Indonesia and Malaysia in 2019.
The amount of the investment is not being disclosed, but Aldagram said it will use the funds to sharpen its focus on India, Thailand, the Philippines, Malaysia and other countries in the region. More than 10,000 corporates in over 10 countries, including the U.K.,
Web Summit is planning for the 2022 edition of RISE to be in-person, and has agreed to a three-year partnership with MalaysiaDigital Economy Corporation (MDEC) to host the event. Web Summit cancels next year’s Rise conference over tension in Hong Kong.
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. This includes $75 million in equity and a $25 million debt facility. The company says that it saw $10 billion in annualized transaction volumes last year.
By digitalizing the insurance work for insurers and intermediaries, its platform enables them to save time, focus on their clients and scale their business. . Norwegian investor Kistefos , Markel Digital Investment and an angel investor participated in the latest round. trillion general insurance industry. .
The Hong Kong-headquartered startup will use the fresh capital for its market penetration into Southeast Asia, specifically Singapore and Malaysia, as well as the U.K. Slack now has a team of 60 members in Hong Kong, Singapore, Malaysia, Taiwan and the U.K. (SleekFlow did not provide its baseline for that growth.).
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.
Today the Hong Kong and Malaysia-headquartered startup announced it has raised $23 million in Series B funding to scale its team and product. WATI founders Bianca Ho and Ken Yeung began working together in 2016, building Clare.AI, an omnichannel AI digital assistant for large Asia enterprises. WATI’s last round of funding was an $8.3
million USD in seed funding, which it says one of the largest seed rounds raised by a digital mental health startup in Southeast Asia so far. ThoughtFull’s main operating markets are Singapore and Malaysia, but it now has users in 43 countries. One of them, ThoughtFull , announced today it has raised $1.1 to expand across Asia.
It operates in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, Philippines, Thailand and Vietnam. This is a milestone in our journey to open up access for everyone to benefit from the digital economy. According to Crunchbase , the company has raised over $10 billion, including from SoftBank’s Vision Fund.
Fueled by the COVID-19 pandemic, digital transformation is happening all over the world. Indonesia’s Xendit , a startup focused on building digital payments infrastructure for the region, has just raised $64.6 It aims for fast and easy integrations so that businesses can more easily accept payments digitally.
Its fourth fund is focused on Malaysia and run by a separate team). Its team has grown to 35 people, with most based in Indonesia, but ACV also recently established Singapore and Malaysia offices. Last year, Indonesia’s digital GDP was $70 billion and that’s expected to grow to over $350 billion in the next five to six years.
Despite dealing with the pandemic’s impact in all of its markets, including Hong Kong and Malaysia, the company began to see business improve during the second quarter of this year. Co-founder and chief executive officer TK Chen told TechCrunch that FunNow originally planned to start raising its Series B in 2020, before COVID hit.
About 25% of HealthifyMe’s revenue comes from outside of India, including Singapore and Malaysia. That is how the company launched HealthifySmart in Singapore and Malaysia, and it plans to do the same thing in North America. When it enters a new market, the company localizes its services using a playbook.
IHH Healthcare will work with Intellect to develop and customize digital mental health programs for its patients, corporate clients and staff. Founded in 2019, Intellect’s markets now include Malaysia, Singapore, India and Hong Kong. IHH Healthcare also made an investment into the startup, without disclosing the amount.
Today, the company claims 1,000 businesses have used Take App from across 35 different markets, though the vast majority are based in Singapore, Malaysia, and Indonesia. We focus on traditional businesses with a digital gap.”
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. Investors are doubling down on Southeast Asia’s digital economy.
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. . Image Credits: CloudEats.
With this acquisition, we will not only be able to further digitally serve the financing need of these SMEs to grow but also offer them business accounts, spend management solutions, and payment services to manage their business,” Goel told TechCrunch. .
In October, Upmesh was used by almost 300 live commerce merchants in Singapore, Malaysia and the Philippines, with an annualized gross merchandise value of $40 million. . Live commerce is transforming eCommerce and shaping the buying behavior of the digital consumer in Southeast Asia.
The company now has 90 team members in seven offices across the Asia-Pacific: Singapore, Australia, India, China, Indonesia and Malaysia. In a statement, Alpha JWC managing partner Jefrey Joe said, “Digitally native brands in APAC is a secular trend growing at 4x the rate of those in the West.
It allows clients to integrate payment platforms (including Ubin), trading platforms and external software like user management systems, while enabling smart contracts and digital ledgers. Some of its other clients are Deutsche Bank, Bursa Malaysia, EFG Bank and Bluecell Intelligence.
The funding, which brings TreeDots’ total raised to $15 million, will be used to grow its operations in Malaysia, where it expanded last year, enter other markets and continue optimizing its logistics and supply chain business, called TreeLogs. TreeDots also helps them digitize their operations through its app and onboard to TreeLogs.
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. year-over-year, continuing its trend of annual revenue growing at a triple-digit percentage. Glints’ team.
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. Its customers include Gushcloud, Ralali, Hello Health, Lamer Fashion, Buy2sell and Mystifly.
The fintech, which claims to be the region’s largest SME digital financing platform, uses alternative forms of credit-scoring and has disbursed more than $2 billion in financing to MSMEs since it launched in 2015. It is now licensed and registered in Singapore, Indonesia (where it is known as Modalku), Malaysia and Thailand.
Now Thoughtfull , another digital mental health platform focused on Asia, has raised $4 million in a pre-Series A round led by Sheares Healthcare Group. Southeast Asia’s mental health startups are getting more investor attention. Sheares is a wholly-owned subsidiary of Temasek.
Lazada operates in Thailand, Singapore, Vietnam, Malaysia, Indonesia, and the Philippines, with its Thai business the first to achieve profitability in 2022. Temu, the budget-oriented retailing platform owned by PDD, entered the Thai market in August, one year after its expansion to Malaysia and the Philippines.
Its features include digital checklists, inventory management and field audits that can be accessed through a mobile app. Founded in 2018 by Daniel Hazman and Jonathan Keith, Nimbly is currently used by more than one hundred organizations in seven countries, including Indonesia, Singapore, Malaysia and the United States.
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