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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.
CoderSchool, a Ho Chi Minh City, Vietnam-based online coding school startup, announced today $2.6 CoderSchool raised a seed round led by TRIVE Ventures in 2018. 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.
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. . The cloud kitchen market in Asia is projected to grow at 14.2% billion in 2021.
The startup announced today it has raised a seed extension of $1.5 The funding brings Jeff’s total raised to about $2.5 Jeff raises $1M to build alternative credit scoring and other fintech products for Southeast Asia. Founded in 2019, the startup is operational in Vietnam and has applied for a license to launch in Indonesia.
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. Today, the edtech announced that it has raised $15 million in Series B funding led by Kaizenvest, a private equity firm that focuses on the education space.
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. Today, the edtech announced that it has raised $15 million in Series B funding led by Kaizenvest, a private equity firm that focuses on the education space.
Dat Bike , a Vietnamese startup with ambitions to become the top electric motorbike company in Southeast Asia, has raised $2.6 Made in Vietnam with mostly domestic parts, Dat Bike’s selling point is its ability to compete with gas motorbikes in terms of pricing and performance. In 2018, he moved back to Vietnam and launched Dat Bike.
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. .
In Southeast Asia, startups in this space that have raised funding over the past few months include Ajaib , Bibit and Stashaway —and that’s just a (very) partial list. 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.
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.
The new round of funding brings its total raised to $5.8 We digitize new brand discovery, automate the negotiation and client management process, and streamline logistics and shipping by pooling orders,” Cho said. Wholesale marketplace Abound raises $22.9M. The startup has secured $4.2
Homebase , a Ho Chi Minh City-based proptech startup that helps people buy homes, announced today it has raised $30 million in equity and debt (the ratio was undisclosed). YC-backed Homebase is an alternative to traditional mortgages for home buyers in Vietnam. Right now in Vietnam, buying property is really painful.
The Singapore-based startup announced today it has raised $6.6 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. million in pre-Series B funding, led by Headline Asia. Jenfi absolutely stood out to us.
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. Southeast Asian fintech Fazz raises $100M Series C to serve businesses of all sizes by Catherine Shu originally published on TechCrunch.
The startup announced today it has raised a $2 million seed round, co-led by SOSV and Vectr Ventures. Hong Kong-based viAct helps construction sites perform around-the-clock monitoring with an AI-based cloud platform that combines computer vision, edge devices and a mobile app. ” Investor momentum builds for construction tech.
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 The startup retained thousands of MSMEs in 24 provinces across Vietnam, Ryan Wilber, Kilo’s head of product and engineering said.
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 The funding brings the total amount raised by the Jakarta-based company to $88 million since its 2015.
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.
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. TechCrunch first covered Funding Societies when it raised its Series A in 2016. million loan transactions.
The startup plans to use the Series C, which brings its total raised to $170 million to date, to expedite its global expansion, make acquisitions and increase its headcount, Charlie Sanghoon Shin, co-founder and CEO of Greenlabs, told TechCrunch. Indigo raises $250M, launches marketplace to help farmers get paid for quality grain.
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. The latest funding brings its total raised to approximately $95 million. UPDATE: Los Angeles-based CREXi raises $30 million for its online real estate marketplace.
Vietnam’sdigital economy is one of the fastest growing in the world, but the country is facing a growing shortage of IT workers. The company announced today that it has raised a $3 million Series A, led by Wavemaker Partners, Vietnamese investment bank Thien Viet Securities and an undisclosed United States-based investor.
Proceeds benefit Animals Asia work to end bear bile farming and improving the welfare of animals in China and Vietnam. The Electronic Frontier Foundation is the leading nonprofit organization defending civil liberties in the digital world. To date, ONEHOPE Wine has raised nearly $7 million for nonprofits worldwide.
Nano Technologies, a startup that lets workers in Vietnam access their earned wages immediately through an app called VUI , has raised $3 million in seed funding. Nano’s plan is to continue focusing on Vietnam, and develop new products for employers, including tools for managing staff and engagement.
Igloo , a Singapore-based insurtech focused on underserved communities in Southeast Asia, announced it has raised a Series B extension of $27 million, bringing the round’s total to $46 million. Another, more recent one, is is Weather Index Insurance product in Vietnam.
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. Some of its previous backers, including Draper Associates and Capstone Partners, joined the round. Image Credits: QuotaBook.
Since 2005, Microsoft has sponsored NGO Connection Days throughout the world to raise awareness and help build IT capacity in the NGO sector. This year, Microsoft Community Affairs hosted its first ever Vietnam event in Hanoi on Tuesday, with the theme of "Unleashing Technology to Improve Economic and Social Development.".
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. Certainly, SwipeRx — which raised $6.3 Image Credits: SwipeRx.
Other participants included JG Digital Equity Ventures (JGDEV), Amino Capital, Canaan Partners Scout Fund and Ignite Impact Fund. Its last funding was $750,000 pre-seed round raised last year from investors including Techstars, Emergent Ventures and the 500 Startups Vietnam Fund. The company announced today it has closed a $2.2
Ascend Money , the Thailand-based fintech startup behind TrueMoney, an e-wallet service, announced today it has raised a $150 million Series C round at a valuation of $1.5 The growth in e-payment suggests changing consumers’ spending habits as Southeast Asia moves toward a digital economy and a cashless society,” Thamavaranukupt said.
Its new strategic investor may be adding another few to that list: Panasonic’s construction business is particularly active in India, Turkey and Vietnam. The investment comes in the wake of a bigger round that the startup raised in the summer of 2022, a $20 million Series A from MonotaRo and JAFCO.
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. . Southeast Asian lending platform Validus raises $20 million for its Series B+ round.
Part of Food Market Hub’s Series A will be used to expand into Indonesia, Thailand and Vietnam. The F&B sector does not use digitized procurement and inventory management solutions, which leads to inefficiency and significant added costs,” she said. “The
The Singapore-based startup announced it has raised $18 million in Series A financing co-led by Accel and Quona Capital, with participation from Elevation Capital and Jump Capital. 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 Singapore-based company announced today it has raised $44 million in Series C funding led by returning investors Itochu Corporation, which put in $32 million. The new capital brings Docquity’s total raised to $57.5 How digital health startups are navigating the post-Roe legal landscape.
Glints , one of Southeast Asia’s largest talent development and recruitment platforms, announced today it has raised $50 million in an oversubscribed Series D. This brings Glints’ total raised so far to $80 million. year-over-year, continuing its trend of annual revenue growing at a triple-digit percentage. Glints’ team.
It operates in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, Philippines, Thailand and Vietnam. According to Crunchbase , the company has raised over $10 billion, including from SoftBank’s Vision Fund. This is a milestone in our journey to open up access for everyone to benefit from the digital economy.
With COVID-19 prompting many to digitize, startups that focus on SMEs have been raising large rounds of funding to scale up quickly. The Indonesia-based financial platform for SMEs announced today it has raised $108 million in Series C funding led by MDI Ventures. The round brings KoinWorks’ total raised to $180 million.
Therefore , digitizing has been mostly around delivery rather than building new infrastructure and payment processing models for African individuals and businesses to make cross-border payments. Most of the focus on remittance has been the flow of money into Africa for sustenance.
TreeDots announced today that it has raised an $11 million Series A led by Amasia and East Ventures, with participation from investors including Active Fund, Seeds Capital, author Nir Eyal and actress Fiona Xie. TreeDots also helps them digitize their operations through its app and onboard to TreeLogs.
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.
Fairbanc announced today it has raised $4.8 Fairbanc will use its new funding on expanding in Indonesia, and exploring new markets like Vietnam and the Philippines in partnership with Unilever. One example is Fairbanc , which is based in Singapore but focused on Indonesia. million in pre-Series A funding led by Vertex Ventures.
The company also unveiled Bill Pay, its latest feature that lets businesses manage and pay invoices by emailing them to Aspire’s AI-based digital assistant. Founded in 2018, Aspire has raised about $41.5 Aspire raises $32.5M Singapore-based Volopay raises $2.1 Brex raises $425M at a $7.4B
Twinco Capital , a Madrid and Amsterdam-based startup making it easier to access supply chain finance, has raised €3 million in funding. Exporters in countries like Bangladesh, China or Vietnam that have been supplying European companies for years, with stable commercial relationships.
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