TechCrunch

JULY 12, 2021

Carsome rival Carro revealed one month ago that it raised a $360 million Series C led by SoftBank Vision Fund 2, boosting it to unicorn status. Carsome said its investment in PT Universal will allow it to double its automotive transaction volumes in Indonesia.

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TechCrunch

APRIL 19, 2021

Indonesian startup CoLearn started as a chain of physical tutoring centers and was in the process of shifting to a hybrid offline-online model when the COVID-19 pandemic hit. The company announced today it has raised $10 million in Series A funding co-led by Alpha Wave Incubation and edtech-focused GSV Ventures.

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TechCrunch

JANUARY 10, 2022

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. KoinWorks is the latest.

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TechCrunch

APRIL 28, 2021

Indonesia is one of the fastest-growing consumer markets in the world, but consumer data is still hard to find for many businesses, especially smaller ones. But it’s something that’s not available in developing countries like Indonesia,” where many companies still conduct research offline despite its very high smartphone engagement rates.

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TechCrunch

JANUARY 12, 2021

The funding, which brings BukuKas’ total raised so far to $22 million, included participation from returning investors Saison Capital, January Capital, Founderbank Capital, Cambium Grove, Endeavor Catalyst and Amrish Rau. Every two months, he would visit smaller small cities in Indonesia, like Jepara and Cirebon, to source furniture.

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TechCrunch

NOVEMBER 27, 2022

TipTip wants to help them build up followers in their communities using an offline/online strategy, and monetize by selling content instead of relying on advertising algorithms. The Indonesian-based startup announced today it has raised $13 million in Series A funding, just eight months after its $10 million Series A in March.

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TechCrunch

JULY 27, 2022

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. Surjaudaja told TechCrunch that IDEAL was started “with the thinking that consumer lending in Indonesia is broken.”.

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TechCrunch

AUGUST 8, 2022

Miferia , a Mexico-based business-to-business wholesale marketplace, bagged $7 million in seed funding to continue developing its curated website connecting independent retailers in Mexico with domestic brands in categories like cosmetics, food and beverage and home décor. Meanwhile, Miferia is still in its early stages.

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TechCrunch

AUGUST 19, 2021

The round was led by ProBatus Capital, a venture firm backed by Prudential Financial, with participation from Cathay Innovation and returning investors Insignia Venture Partners, ATM Capital and Hustle Fund. The new funding brings its total raised to $12 million. to grow its insurance platform in Indonesia. Qoala raises $13.5M

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TechCrunch

MAY 30, 2022

million in Series A funding led by Tiger Global, with participation from returning investors Global Founders Capital and HOF Capital. It is currently used by over 10,000 merchants in Singapore and Malaysia, with plans to expand into more Southeast Asian markets, including Thailand, Indonesia and the Philippines.

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TechCrunch

SEPTEMBER 8, 2022

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.

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TechCrunch

MARCH 13, 2023

The issue was quite common among used car dealers in Indonesia, according to Laras, and that was how he came up with the idea of Broom. Image Credits: Broom The latest funding, bringing its total raised to $13 million in equity, will enable Broom to diversify its product offering and accelerate inventory turnover for Broom and its dealers.

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TechCrunch

MAY 17, 2021

BukuKas , a startup focused on digitizing Indonesia’s small businesses, has raised $50 million in Series B funding. BukuKas was founded by Menon and chief operating officer Lorenzo Peracchione, who met while working at Lazada Indonesia. of Indonesia’s gross domestic product. The app has onboarded about 6.3

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TechCrunch

MARCH 3, 2021

As part of the deal, Payfazz, an agent-based financial services network in Indonesia, invested $30 million into payments infrastructure provider Xfers. In Indonesia, Payfazz has built a network of 250,000 financial agents to reach people in rural areas where many banks don’t operate branches.

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TechCrunch

SEPTEMBER 26, 2021

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. In Thailand, Ascend Money has about 70% of market share based on its own research, Thamavaranukupt said.

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TechCrunch

NOVEMBER 24, 2020

” The-Wolfpack’s debut fund, called the Wolfpack Pioneer VCC, is already fully subscribed at $5 million USD, and will focus on direct-to-consumer companies, with plans to invest in eight to 10 startups. The firm is already looking to raise a second fund, with a target of $20 million SGD (about $14.9

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TechCrunch

AUGUST 29, 2022

A Pakistani startup, which has taken inspiration from China’s JD.com and India’s Flipkart to build a managed marketplace of electronics products, said on Tuesday it has raised seed funding from scores of investors including PayPal founder Peter Thiel.

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TechCrunch

SEPTEMBER 6, 2021

The South Korea and Japan-based startup automates front and backend processes including accommodation reservation, room management and front desk duties, and it will be using the funds to continue expanding its business. Bob W, the ‘tech-driven’ hospitality provider, raises €10M in seed funding.

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TechCrunch

NOVEMBER 16, 2022

It operates in the United States, South Korea, Singapore, the Philippines and Indonesia. Summer International brands are sold through a mix of digital and offline channels, including e-commerce platforms, social and live commerce platforms and big box stores.

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TechCrunch

SEPTEMBER 19, 2021

The COVID-19 pandemic reshaped the education industry, heating up the global edtech startups that made online education more accessible for a wider population, for example in countries like India and Indonesia, Aziz mentioned.

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TechCrunch

JUNE 28, 2022

In Indonesia, arisans are traditionally rotating savings and credit associations (RSCA) that let groups of people, primarily women, save and borrow money together. Mapan is currently available in Java, Bali, Sumatera, Nusa Tenggara and Sulawesi, with plans to expand into the rest of Indonesia. and a McKinsey consultant.

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TechCrunch

DECEMBER 17, 2020

The funding is being led by previous backer Learn Capital, with past investors Prosus Ventures, Runa Capital, MantaRay and General Catalyst Partners also participating. . The news comes on the heels of dramatic growth for the company, which has seen its user base grow from 150 million users in 2019 to 350 million today.

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TechCrunch

MARCH 7, 2022

On a return trip to Southeast Asia (McIntosh was born and raised in Indonesia), she observed the rise of social commerce, or people selling through social media like Instagram and WhatsApp, and was surprised to see it was similar to all the manual work she had put into her online bakery years earlier.

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TechCrunch

OCTOBER 14, 2021

billion from SoftBank Vision Fund 2, in July. The latest investment for Yanolja was Softbank’s second-largest funding in South Korean company after Coupang, which had received about $3 billion from the Japanese VC before eventually going public. . Indonesia, the Philippines, India, and Africa as of September year on year. .

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TechCrunch

JULY 28, 2021

million seed round co-led by returning investor LearnStart (the seed fund of edtech investment firm Learn Capital) and Anchorless Bangladesh. . Shikho’s last round of funding was $275,000 in pre-seed financing last year from LearnStart and strategic angel investors. . That’s part of what this funding round is for.” .

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TechCrunch

OCTOBER 7, 2021

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. “The way the software is structured has to be very customized to the individual markets,” Wong said. If we look at an interesting comparison to the U.S.,

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TechCrunch

JUNE 21, 2021

Kredivo will use the debt facility to help achieve its goal of serving 10 million customers in Indonesia. Credit is one of the largest and most complex areas of the financial services ecosystem and the fact is that Indonesia is deeply underserved on that equation,” he said. a month, or a maximum annual rate of 53.36%.

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TechCrunch

JULY 3, 2022

The company announced today it has raised $4 million in seed funding led by Go-Ventures, with participation from Susquehanna International Group (SIG). He also dealt with deliveries that could not be tracked and arrived late and offline payment and invoicing processes that were long and frustrating.

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TechCrunch

JANUARY 9, 2023

million in pre-seed funding from East Ventures, with participation from Init-6, GMO VenturePartners and Saison Capital. Gadi told TechCrunch that FLIK’s team is experienced in the payments and merchant business, both offline and online. “We For brands, it means more control over consumer data and less platform fees.

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TechNode

MAY 24, 2024

We can use the funding to crystallize our vision into simple hardware that delivers the best possible experience for the mass market. It comprises multiple countries like Indonesia with 600 million people, Thailand, Malaysia, Singapore, and the Philippines, each with very different markets. That’s why we have a company.

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