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Guest Beneblog by Vijaya Tripathi The first ever Martus users group meeting took place earlier this month in Chiang Mai, the capital of Northern Thailand. Since we began developing Martus 10 years ago, we’ve been able to enhance it only incrementally as project specific funding allowed.
And to support these enhancements, Benetech will develop new visualization, mapping and other features to the Martus software that can help human rights groups better understand their data and communicate their findings. Department of State Bureau of Democracy, Human Rights, and Labor (DRL) to realize some of those possibilities.
The Series D funding, which brings its total funding to date to approximately $91.7 Moindy’s founder became the company’s country manager in Thailand and POKKT’s co-founders are now the company’s COO and managing director in India and the Middle East, respectively, Sogo added.
Zipmex , a digital assets exchange headquartered in Singapore, announced today it has raised $6 million in funding led by Jump Capital. Along with earlier funding, it brings the total Zipmex has raised so far to $10.9 The exchange is regulated in Singapore, Australia and Indonesia, and licensed in Thailand. million in funding.
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 About 70% came from Thailand while 30% came from the international market, the co-President Thamavaranukupt said.
Payfazz and Xfers , two startups that want to increase financial inclusion in Southeast Asia, announced today they have joined forces to create a new holding entity called Fazz Financial Group. Kwik will serve as Fazz Financial Group’sgroup CEO, while Liu will be the financial entity’s deputy CEO.
Investors include China’s Alibaba Group as well as existing investors DPDgroup’s GeoPost , Facebook co-founder Eduardo Savering’s B Capital Group , Monk’s Hill Ventures, and Zamrud, a sovereign wealth fund controlled by Brunei, based on its statement. said Mr. Kenny Ho, Head of Investment for Southeast Asia, Alibaba Group.
The Thailand-based startup created a one-click payment solution for social commerce sellers and has raised $2.5 million in seed funding led by Sequoia Capital India and Southeast Asia’s Surge, with participation from Partech Partners. Beam is currently focused on Thailand, with plans to expand into Southeast Asia.
Eat Just’s current distribution partners in Asia include SPC Samlip in South Korea, Betagro in Thailand and an as-of-yet undisclosed new partner in China, where Just Egg is already available on Alibaba’s Tmall and JD.com. Its investors include Khosla Ventures and Li Ka-Shing.
Facebook is adding official music videos to its service in the US after partnering with major music companies including Sony Music, Universal Music Group, and Warner Music Group, the company announced today. Facebook has previously offered music videos in Thailand and India. Image: Facebook.
Toni Eliasz is the program manager of the Disruptive Technologies for Development Program (DT4D) that supports the innovation and adoption of technology-driven solutions in World Bank Group operations. Singapore is home to fewer than six million people, making it one of the smallest ASEAN countries, in terms of population.
Ajaib Group , an online investment platform that says it now runs the fifth-largest stock brokerage in Indonesia by number of trades, announced it has raised a $25 million Series A led by Horizons Ventures, the venture capital firm founded by Li Ka-Shing, and Alpha JWC.
Other participants include the Malaysian Technology Development Corporation (MTDC), which is wholly-owned by Khazanah Nasional Berhad, the Malaysian government’s sovereign wealth fund; ZB Capital Limited; and angel investors. Indonesian agritech platform TaniHub Group harvests a $65.5M Series B round.
Nikhilesh Goel , co-founder and Group CEO of Validus, told TechCrunch that Validus expects to create synergies with the loan portfolio of CitiBusiness, Citi Singapore’s small banking unit. Since its last funding in May 2020, Validus has grown its team substantially, adding more than 25 percent new hires.
Singapore-headquartered esports startup Ampverse has raised $12 million in Series A funding led by Falcon Capital. He added that expanding into Indonesia and the Philippines will “round off our SEA footprint,” which already includes Singapore, Thailand and Vietnam.
The latest round brings its total funding raised to $41.4 JIC Venture Growth Investments led the Series E equity funding, with participation from Z Venture Capital , a venture investment arm of Z Holdings, Japan Post Capital and Salesforce Ventures. Mizuho Bank and Mitsubishi UFJ Financial Group also joined in its debt financing.
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. Pinduoduo cements position as China’s second-largest ecommerce player.
The round was led by AppWorks Ventures, with participation from strategic investor MUFG Innovation Partners (MUIP), a venture capital firm for collaborations between startups and Mitsubishi UFJ Financial Group. Tinvio’s last funding announcement was a $5.5 million seed round in April 2020.
Roshni Mahtani Cheung, group CEO and founder of The Parentinc. The funding news comes a few weeks after The Parentinc said that it had added LINE Southeast Asia as a shareholder. Other strategic investors in the company include JD.com and SCB 10X, which has helped build Mama’s Choice presence in Indonesia and Thailand.
It will also use the funding for global expansion, Kimura said. The company plans to expand further in major cities and tourist destinations, including Mexico, Spain, Thailand, Dominican Republic, the U.S. SmartRyde announced today it has secured a $1.6 Honolulu, Las Vegas, Miami) and Japan, Kimura said.
The funding was led by Asia Partners, with participation from returning investors Burda Principal Investments and Ondine Capital. Carsome , which bills itself as Southeast Asia’s largest e-commerce platform for used cars, announced it has closed a $30 million Series D.
The capital brings Intellect’s total funding since the Y Combinator alum was founded in 2019 to $23 million, and will be used to launch commercially in more markets, expand its operations and build out its mental healthcare system. Its clients include Merck, Philips, Foodpanda, Singtel, Shopee, Omnicom Media Group and abrdn.
million in seed funding. Co-founders Kevin Lee and Kevin Chanthasiriphan both grew up in food families from Taiwan and Thailand, respectively, and met a decade ago while working at the same tech company. Meanwhile, the new funding will be split between R&D, hiring and marketing, Lee said. Image Credits: Immi.
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. This brings Edupia’s total funding to $16 million. Edupia currently has a total of 5 million users, with 400,000 paying students.
Supermom currently has a presence in Indonesia, Malaysia, Singapore, Vietnam and Thailand, and plans to expand into more markets. Supermom was founded by Joan Ong, Luke Lim, Lynn Yeoh and Rebecca Koh, and originally started as a platform in 2013 for community groups and in-person events.
Glorang , a Seoul-based edtech startup that offers after-school classes and extracurricular activities via online for students between the ages of 3 and 18, said Friday it has raised a $10 million Series A funding co-led by Korea Investment Partners and Murex Partners, along with Japan’s Pksha Capital. . pre-seed round.
Today, one of the startups that’s seeing a lot of growth as a result of that is announcing a big round of funding to further tap the opportunity. Cars24 is not only on a scaling, but also a funding, tear: it additionally raised $200 million last December, putting the total raised in the last year to about $840 million.
UniversalGiving is making great impact on communities around the world, both in the work, funds or volunteer efforts contributed to individuals and groups via their platform, but also in effectively and passionately empowering donors and volunteers to contribute. maybe you want to join forces for a longer-term project for real impact.
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. Certainly, SwipeRx — which raised $6.3 ”
The Series C brings Dable’s total funding so far to $20.5 In 2021, however, it plans to use its Series C to speed up the pace of its expansion, launching in Hong Kong, Singapore, Thailand, mainland China, Australia and Turkey before entering markets in Europe and the United States, too. How will digital media survive the ad crash?
It also included returning investors CDIB Capital, Darwin Ventures, Accuvest, Sanput Travel Group and CSV Venture Fund, which is jointly managed by NEC Capital Solutions and Venture Labo Investment. Its Series B brings FunNow’s total funding, including its 2018 Series A , to about $22.5
million in pre-seed funding led by AC Venture and Alpha JWC, with participation from Living Lab Ventures and Ciputra Group. The funding will be used of product development, hiring and expanding its products. The startup announced today it has raised $3.8 Some of IDEAL’s competitors include Pinhome, Cermati and Cekaja.
Since TechCrunch covered MindX’s Series A funding in November 2021 , it’s tripled its geographical coverage to 32 campuses across Vietnam, graduated 35,000 students so far and connected students to employers in countries like Australia, Thailand, the United Kingdom and, soon, the United States.
Since TechCrunch covered MindX’s seed funding in November 2021 , it’s tripled its geographical coverage to 32 campuses across Vietnam, graduated 35,000 students so far and connected students to employers in countries like Australia, Thailand, the United Kingdom and, soon, the United States.
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. Doctors taking the courses can also join private groups to discuss real world cases and the best treatment plans. The new capital brings Docquity’s total raised to $57.5
The founders of Upmesh were building a game on top of Twitch’s API when they realized something about another group of livestreamers. Upmesh will use part of its new funding to double down on the Philippines and Malaysia for at least another six months, but it also wants to enter Indonesia, Thailand and Vietnam.
Payfazz invests $30M in Xfers as the two Southeast Asian fintechs form Fazz Financial Group. Arrow is currently active in Singapore, Malaysia and Indonesia, and plans to focus on those three markets for now, while planning for expansion into the Philippines, Thailand and Vietnam.
The company is one of the largest VC-backed startups in Southeast Asia, having raised over $60 million in funding. This is the third part of a four-part series that will provide insight into starting, building, and funding a company across Asia. See part one here and part two here.
They are all part of TechSoup Asia , which serves charities in the Philippines, Malaysia, Singapore, Thailand — and now Vietnam and Indonesia. It also matches philanthropists with volunteer opportunities and funding recommendations. There are 54 ethnic groups in Vietnam. The Viet people are the most numerous ethnic group.
Funding Societies , the SoftBank Vision Fund II-backed SME digital lending platform, recently launched a shariah-compliant financing product there, and now offers it as the default product to all its Malaysian customers. Meanwhile in Malaysia, where 61.3% out of its 33.6 All losses and profits are shared pro rata, Martin explained.
We can use the funding to crystallize our vision into simple hardware that delivers the best possible experience for the mass market. Carl Wu, Co-Founder and CEO of New Frontier Group I think we were at the right place at the right time because China was aging quickly, and home care was a lot cheaper.
Britain didn’t adopt January 1 as the New Year until 1752; Thailand didn’t until 1941. Reflection: Do your foundation’s governing documents or bylaws allow you to change or adjust funding strategy? I know of at least one private foundation that can only fund certain named organizations. Neil isn’t wrong.
The company just raised a $6 million Series A round, led by Gobi Partners, Pacific Century Group and Complex China, to strengthen its foothold in the U.S. The funding comes at a time when the global sneaker resale market is thriving, with an expectation to reach $30 billion by 2030, according to a 2020 report by Cowen Equity Research.
Have the programs that have been funded done enough to make a difference on this issue? Where is the research funding being given? After working for more than seven years, she hadn't even been able to save a fraction of that money that was needed to fund her dream. At that point we didn't have a name for it.
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