TechCrunch

NOVEMBER 2, 2020

Logisly , a Jakarta-based startup that describes itself as a “B2B tech-enabled logistics platform,” announced today it has raised $6 million in Series A funding to help streamline logistics in Indonesia. This brings the total Logisly has raised since it was founded last year to $7 million.

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Indonesia Platform Raise Digital 109

TechCrunch

AUGUST 17, 2021

RaRa Delivery ’s ambitious goal is to offer same-day deliveries in Indonesia without burning cash like many on-demand logistics providers. The company announced today it has raised $3.25 million in seed funding led by Sequoia Capital India’s Surge program and East Ventures.

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Indonesia South Korea Aggregator Asia 99

TechCrunch

FEBRUARY 2, 2021

BukuWarung , an Indonesian startup focused on digitizing the country’s 60 million small businesses, announced today it has raised new funding from Rocketship.vc The amount was undisclosed, but sources say it brings BukuWarung’s total funding so far to $20 million. and an Indonesian retail conglomerate. Rocketship.vc

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Digital Fund Indonesia Raise 89

TechCrunch

NOVEMBER 12, 2020

Railsbank , the London-headquartered Banking-as-a-Service platform, has raised $37 million in new growth funding. and expand its product in APAC, including the Philippines, Indonesia, Malaysia, Australia and Japan. Railsbank raises $10M Series A for its open banking and compliance platform.

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Sri Lanka Service Fund Raise 115

TechCrunch

MARCH 4, 2021

SiCepat , an end-to-end logistics startup in Indonesia, announced today it has raised a $170 million Series B funding round. The company’s last funding announcement was a $50 million Series A in April 2019. The logistics industry in Indonesia is highly fragmented , which means higher costs for businesses.

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Indonesia Raise Asia Fund 102

TechCrunch

OCTOBER 13, 2022

Even the largest landfills in Indonesia are at (or nearing) capacity , and the government has set an ambitious target of 30% waste reduction by 2025. Other participants in the round include Basra Corporation, Paloma Capital, PT Delapan Satu Investa, Living Lab Ventures, SMDV and Urban Gateway Fund.

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Indonesia Build Environment NGO 87

TechCrunch

MAY 15, 2023

The Singapore-based startup announced today it has raised $6.6 million in pre-Series B funding, led by Headline Asia. 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.

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Platform Fund Service Vietnam 96

TechCrunch

JULY 21, 2021

The funding was led by Asia Partners and Falcon Edge, with participation from Sequoia Capital India, Alpha JWC and Wavemaker Partners. This brings GudangAda’s total raised so far to about $135 million. Its last funding was a $25.4 Its last funding was a $25.4 How tech can build more resilient supply chains.

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Indonesia Fund Raise India 76

TechCrunch

FEBRUARY 15, 2022

Small businesses are the backbone of Southeast Asia’s economy, but many struggle to secure working capital loans because they don’t have traditional credit records or collateral, say the founders of Funding Societies. TechCrunch first covered Funding Societies when it raised its Series A in 2016. million loan transactions.

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Fund Raise Vietnam Asia 94

TechCrunch

JANUARY 6, 2021

Bibit , a robo-advisor app that wants to make investing more accessible in Indonesia, has raised $30 million from Sequoia Capital India. This funding is a growth round and comes after Bibit’s May 2019 Series A. Returning investors East Ventures, EV Growth, AC Ventures and 500 Startups also participated.

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India Indonesia Raise Fund 101

TechCrunch

MARCH 15, 2022

Wagely , an earned wage access (EWA) platform based in Jakarta and Dhaka, has raised $8.3 million in pre-Series A funding, just seven months after announcing its seed round. Wagely, an Indonesian earned wage access and financial services platform, raises $5.6M. How to calculate your startup’s TAM, SAM and SOM.

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Bangladesh Accessibility Indonesia Platform 98

TechCrunch

MARCH 28, 2021

billion funding last month. The startup, which claims to run the fourth largest stock brokerage in Indonesia based on number of trades, announced the $25 million first closing of its Series A in January. In Indonesia, less than 1% of the population own stocks , but that number is increasing, especially among millennials.

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Indonesia Raise Asia India 99

TechCrunch

MAY 8, 2022

Atma , an Indonesian startup that wants to make job hunting less painful, announced today it has raised $5 million in pre-seed funding led by AC Ventures, with participation from Global Founders Capital. Atma says up to over 100 million people in Indonesia fit into this category.

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Indonesia Job Search Application 78

TechCrunch

DECEMBER 13, 2021

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.

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Asia Indonesia Vietnam Thailand 131

TechCrunch

MAY 2, 2021

This brings Bibit’s total funding to $110 million, including a Series A announced in May 2019. Indonesian robo-advisor app Bibit raises $30 million led by Sequoia Capital India. According to Indonesia’s Financial Services Authority (Otoritas Jasa Keuangan), the number of retail investors grew 56% year-over-year in 2020.

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India Indonesia Raise Time 103

TechCrunch

AUGUST 9, 2021

Just two months after its last funding announcement , Indonesian crypto assets platform Pintu has closed a $35 million Series A+. Pintu’s previous funding, a $6 million Series A led by Pantera, Intudo and Coinbase Ventures, was announced in late May. million crypto investors in Indonesia, or about triple the 2.2

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Indonesia Fund Demographics Education 100

TechCrunch

APRIL 5, 2021

Glints , the Singapore-based career platform, announced today it has raised $22.5 million in Series C funding led by Japanese human resources management firm PERSOL Holdings. The new capital will be used on Glints’ expansion in Singapore, Indonesia, Vietnam and Taiwan and hiring for its product and engineering teams.

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Singapore Platform Fund Asia 106

TechCrunch

SEPTEMBER 14, 2021

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. This new round brings its total funding so far to $238 million. Accel led Xendit’s $64.6

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Philippines Global Indonesia Fund 99

TechCrunch

MARCH 21, 2021

Indonesia-based fintech Pluang announced today it has raised $20 million in a pre-Series B round led by Openspace Ventures, with participation from Go Ventures and other returning investors. ” Pluang is among several Indonesian financial apps, including Ajaib, Bibit and FUNDtastic, that have recently raised funding.

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Indonesia Fund Classes India 91

TechCrunch

DECEMBER 28, 2021

As someone who covers Southeast Asia startups and funding stories, the best word I can think of to describe 2021 is “whoa!” Backed by international LPs, Southeast Asia-focused venture firms like Alpha JWC , AC Ventures and Jungle Ventures raised their largest funds yet. A close look at Singapore’s thriving startup ecosystem.

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Indonesia Asia Singapore Aggregator 122

TechCrunch

AUGUST 19, 2021

The startup, which says it is the country’s largest direct-to-consumer insurance marketplace, announced today it has raised a $9 million Series A. The new funding brings its total raised to $12 million. Qoala raises $13.5M to grow its insurance platform in Indonesia.

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Raise Indonesia Policy India 106

TechCrunch

JANUARY 12, 2022

Jakarta-based investment app Pluang announced that it has raised $55 million led by Accel. The funding will be used to make Pluang available in more Southeast Asian countries, increase its asset classes and on hiring. . Pluang’s last round of funding was a $3 million Series A in 2019. .

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Indonesia Raise Literacy Asia 85

TechCrunch

SEPTEMBER 14, 2022

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.

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Business Indonesia Raise Malaysia 98

TechCrunch

DECEMBER 1, 2020

.” Co-founder and chief executive officer Theodoric Chew launched Intellect earlier this year because while there is a growing pool of mental wellness apps in the United States and Europe that have attracted more funding during the COVID-19 pandemic , the space is still very young in Asia.

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Singapore Fund Asia United Kingdom 118

TechCrunch

JULY 29, 2021

Just half a year after leading SODA’s Series B , SoftBank Ventures Asia is raising its bet on the Tokyo-based sneaker resell platform. Along with its new funding, SODA announced it has acquired rival Monokabu. The company’s previous funding, its $22 million Series B, was announced in January. million monthly users.

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Platform Asia Raise Philippines 102

TechCrunch

NOVEMBER 2, 2021

Una Brands , the e-commerce aggregator focused on Asia-Pacific brands, announced today it has raised $15 million for its Series A. The startup has not disclosed the ratio of debt and equity (like many other e-commerce aggregators, Una uses debt funding to buy brands because it is non-dilutive).

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Aggregator Raise Asia Indonesia 95

TechCrunch

MAY 29, 2022

Indonesia’s sprawling archipelago has long been a headache for logistics companies, but there’s no lack of brave challengers. Founded by Tokopedia veteran Vincent Tjendra , Astro plans to spend its funding proceeds on user acquisition, product development and hiring more staff to add to its current team of 200.

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South Korea Indonesia Work Raise 101

TechCrunch

JULY 15, 2021

And today, one such company, Play2Pay , has raised $13 million in a Series A round of funding. Play2Pay was bootstrapped for the first five years of its life, raising its first external capital in June of 2020 — a $7.5 TIM in Brazil, lndosat Ooredoo in Indonesia and U.K.-based based Lycamobile.

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Mobile Raise Indonesia Brazil 100

TechCrunch

AUGUST 11, 2021

AppWorks , the Taipei-based venture capital firm focused on Taiwan and Southeast Asia, announced today it has closed its oversubscribed third fund, raising $150 million. Many of these LPs also participated in AppWorks’ $50 million second fund in 2014. for the other funds. for the other funds.

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Taiwan Asia Fund Mentoring 98

TechCrunch

MARCH 2, 2021

The rapid growth of e-commerce in Indonesia, especially during the pandemic, is placing increasing demands on its supply chain infrastructure. million funding round led by East Ventures. million funding round led by East Ventures. Indonesia’s Kargo comes out of stealth with $7.6M

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Indonesia Raise Offline Statistics 87

TechCrunch

JANUARY 12, 2021

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.

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Asia Thailand Digital Singapore 98

TechCrunch

JUNE 8, 2021

Today, Indonesian EWA startup wagely announced it has raised $5.6 million in strategic funding, led by Integra Partners (formerly known as Dymon Asia Ventures). In Indonesia, wagely’s competitors include GajiGesa and Gajiku. Its new funding will be used to increase wagely’s sales team in order to close more enterprise deals.

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Accessibility Service Platform Indonesia 99

TechCrunch

AUGUST 3, 2021

InstaCarro , a digital marketplace that connects used car sellers to dealers in Brazil, has raised $23 million in a Series B round of funding. With the latest round, São Paulo-based InstaCarro has now raised more than $56 million since its 2015 inception. Chehaoduo in India and Carro in Indonesia. . Notably, U.S.-based

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Brazil Digital Fund Indonesia 102

TechCrunch

FEBRUARY 23, 2021

The startup announced today it has raised a $5 million Series A, co-led by Monk’s Hill Ventures and Qualgro. ErudiFi currently works with more than 50 universities and vocational schools in Indonesia and the Philippines. GajiGesa, a fintech startup serving underbanked Indonesian workers, raises $2.5 million seed round.

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Asia Student Education Philippines 102

TechCrunch

NOVEMBER 29, 2021

Endowus is the latest investment app in Southeast Asia to raise follow-on funding, adding $35 million SGD (about $25.6 Endowus raised its $23 million SGD Series A just seven months ago , led by Lightspeed Venture Partners and SoftBank Ventures Asia. million US) to its war chest. Participants included SoftBank Corp.-owned

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Singapore Fund Asia Indonesia 98

TechCrunch

MARCH 24, 2021

The startup announced today it has raised a $2 million seed round, co-led by SOSV and Vectr Ventures. The funding included participation from Alibaba Hong Kong Entrepreneurs Fund, Artesian Ventures and ParticleX. Founded in 2016, viAct currently serves more than 30 construction industry clients in Asia and Europe.

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Platform Raise Asia Vietnam 101

TechCrunch

SEPTEMBER 2, 2021

Sunday , an insurtech startup based in Bangkok, announced it has raised a $45 million Series B. The new funding will be used to expand in Indonesia and develop new distribution channels, including insurance agents and SMEs. Indonesian D2C insurance marketplace Lifepal raises $9M Series A.

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Indonesia Thailand Asia India 98