TechCrunch

SEPTEMBER 14, 2022

AC Ventures (ACV) , a venture firm focused on early-stage startups in Indonesia and the rest of Southeast Asia, has reached the first close of its fifth investment fund (Fund V). The fund is targeting $250 million and has raised 65% of that capital so far, mostly from limited partners who invested in ACV’s previous funds.

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TechCrunch

AUGUST 3, 2021

Some of its clients are in Bangladesh, Malaysia, Singapore and Dubai. “We The startup, which said it expects to surpass $1 billion in sales by the end of this calendar year, plans to deploy the fresh fund to expand to new markets and also expand into new categories. It’s also looking to acquire younger firms, the startup said.

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TechCrunch

JANUARY 27, 2021

The new funding brings its total raised to about $10 million. ” The new funding will be used on LottieFiles’ product roadmap, expanding its infrastructure and increasing its global user base. The platform includes Lottie creation, editing and testing tools, and a marketplace for animations.

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TechCrunch

MAY 15, 2023

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. The Singapore-based startup announced today it has raised $6.6

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TechCrunch

NOVEMBER 22, 2021

Kovalan, who was born and raised in Malaysia, studied computer science in Ohio State University, and on completion, went on to specialize in artificial intelligence. The platform stores diagnostic imagery, enabling physicians to analyze them, on-demand, from any device including mobile phones.

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TechCrunch

JULY 27, 2021

It also included returning investors Mirae-Asset Naver Asia Growth Fund and Z Venture Capital. The company’s previous round of funding was a $20 million Series C announced in April 2019. It continues to operate in Indonesia, Malaysia and Thailand. The round was led by Naver Financial Corporation and Gafina B.V.,

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TechCrunch

JULY 21, 2021

Aruna announced today it has raised $35 million in Series A funding led by Prosus Ventures and East Ventures Growth Fund, with participation from SIG and returning investors including AC Ventures, MDI and Vertex Ventures. The platform currently has about 20 product categories and will use its funding to expand into more.

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TechCrunch

DECEMBER 22, 2020

Lalamove will extend its network to cover more small Chinese cities after raising $515 million in Series E funding, the on-demand logistics company announced on its site. The company’s last funding announcement was in February 2019, when it hit unicorn status with a Series D of $300 million. All three are returning investors.

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TechCrunch

JULY 14, 2021

Easy Eat AI , a Singapore-based startup that wants to “transform restaurants into technology companies,” announced today it has raised $5 million in funding. Founded in 2019 by Mohd Wassem, Rhythm Gupta and Abdul Khalid, Easy Eat AI currently has operations in Malaysia, and plans to expand into other Southeast Asian markets.

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TechCrunch

JANUARY 3, 2022

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

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TechCrunch

JULY 12, 2021

of iCar Asia from Malaysia internet conglomerate Catcha Group. 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. Automotive marketplace Carro hits unicorn status with $360M Series C led by SoftBank Vision Fund 2.

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TechCrunch

OCTOBER 12, 2020

The platform currently has 20,000 gig workers, who are called “GoGetters,” and has onboarded 5,000 businesses, including Lazada Malaysia, IKEA Malaysia, Foodpanda and flower delivery service BloomThis. While Malaysia has other on-demand work platforms, including Supahands and Kaodim, each has its own niche.

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TechCrunch

APRIL 27, 2023

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% Investors on Blossom Finance’s platform pool their money into funds, or cooperatives, which are then managed by microbanks. out of its 33.6

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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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TechCrunch

MAY 6, 2021

Myst Labs, a Chinese e-cigarette maker co-founded in 2019 by Chenyue Xing, a chemist who was part of the team at Juul that invented nicotine salts , a key ingredient in vaping, recently raised “tens of thousands of dollars” from a Series B funding round. The financing was led by its existing investor, IMO Ventures.

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TechCrunch

FEBRUARY 16, 2022

Employment Hero’s last funding announcement was in July 2021, when it announced a $140 million AUD Series E led by Insight Partners at a valuation of $800 million AUD. The company itself has a team of more than 500 full-time employees based around the world. It has now raised a total of $220 million AUD.

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TechCrunch

AUGUST 31, 2021

Comparable to DoorDash Drive or Lalamove (Malaysia), Dostavista is a “crowdsourced” same-day delivery service. At the same time, it has raised $35 million in a Series C funding round led by UAE-based investor Mubadala. Now the Amsterdam HQ-d startup is rebranding as “ Borzo ” to bring its operation in 10 different countries under one.

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TechNode

SEPTEMBER 11, 2023

Empowering women to build their own businesses in Malaysia Fintech, short for financial technology, refers to the use of technology and innovation to provide financial services and solutions. We provide small funds for female entrepreneurs in our country who do not have access to credit.

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TechCrunch

SEPTEMBER 6, 2021

The new funding will be used to develop Homage’s technology, continue integrating with aged and disability care payer and provider infrastructure and speed-up its regional expansion through partnerships with hospitals and care providers. Homage currently operates in Singapore, Malaysia and Australia.

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TechCrunch

MAY 2, 2021

This brings Bibit’s total funding to $110 million, including a Series A announced in May 2019. Bibit runs robo-advisor services for mutual funds, investing users’ money based on their risk profiles, and claims that 90% of its users are millennials and first-time investors.

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TechCrunch

AUGUST 29, 2022

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. Glints’ team. Despite layoffs, there’s still a talent crunch in Southeast Asia.

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TechCrunch

NOVEMBER 8, 2021

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

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TechCrunch

JULY 20, 2021

Weight-loss platform Noom bulks up on $540 million in new funding. About 25% of HealthifyMe’s revenue comes from outside of India, including Singapore and Malaysia. Vision Fund backs Chinese fitness app Keep in $360 million round. “We When it enters a new market, the company localizes its services using a playbook.

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TechCrunch

JULY 20, 2021

Four months after announcing its last round, Employment Hero has closed another $140 million AUD (about $103 million USD) in funding. Its previous funding announcement was a $45 million AUD Series D announced in March , led by online job platform SEEK, at the company’s previous valuation of about $250 million AUD.

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TechCrunch

SEPTEMBER 26, 2021

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. Ninja Van claims it delivers approximately 2 million parcels a day, with more than 1.5

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TechCrunch

DECEMBER 26, 2022

Earlier this year, Akulaku raised $100 million in funding from Siam Commercial Bank as part of another strategic investment. Akulaku, which operates in the Philippines and Malaysia in addition to Indoensia, offers a virtual credit card and installment shopping platform, as well as an investment platform and neobank.

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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. This includes $75 million in equity and a $25 million debt facility.

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TechCrunch

NOVEMBER 8, 2022

Speedoc , a health tech platform that brings hospital care to homes, has raised $28 million in pre-Series B funding. Speedoc is available in a total of nine cities, including eight in Malaysia. Speedoc will use its new funding to expand in Southeast Asia, especially in cities where there is a shortage of healthcare professionals.

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TechCrunch

MAY 19, 2022

Xendit , a payments infrastructure platform for Southeast Asia, has raised $300 million in fresh funding. The company’s new valuation wasn’t disclosed, but it hit unicorn status in its last round of funding in September 2021. Part of the funding will be used to expand into new markets, like Thailand, Malaysia and Vietnam.

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TechCrunch

AUGUST 11, 2021

He is an adviser and investor focusing on high-impact entrepreneurship in emerging markets and has worked with the World Bank, International Finance Corporation, as well as numerous funds and startups focusing on developing countries. A glimpse into Singapore’s current startup ecosystem.

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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 30, 2021

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.

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TechCrunch

AUGUST 30, 2021

million USD) in Series C funding. The company’s Series C, which it claims is one of the largest private rounds raised by a Southeast Asian healthtech company, brings its total funding to more than $140 million SGD. . The funding will be used to deepen Doctor Anywhere’s presence in its current markets and expand into new ones.

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TechCrunch

JANUARY 10, 2022

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., Ireland, the U.S.,

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TechCrunch

MAY 15, 2023

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.,

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TechCrunch

OCTOBER 25, 2022

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’s last round of funding was an $8.3 Funding will be used on hiring and investing in WATI’s product stack for low-code automation.

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TechCrunch

NOVEMBER 2, 2021

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). Co-founder and chief executive officer Kiren Tanna told TechCrunch the Series A is a priced round with a valuation more than five times Una’s last funding.

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