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. Fund II also achieved internal rate of return (IRR) of 34.7%, compared to 26.1%

Taiwan 98

Taiwan Asia Fund Mentoring 98

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

Fund 96

Fund Service Platform Singapore 96

TechCrunch

MARCH 7, 2022

Una, one of the largest e-commerce aggregators in Asia, has already established its presence across Asia, including Singapore, Australia, India, China, Indonesia, Malaysia and Taiwan, since its launch in 2021. . The e-commerce market of South Korea is expected to increase up to $250 billion by 2025.

South Korea 97

South Korea Aggregator Asia Team 97

TechCrunch

AUGUST 22, 2022

Socar , South Korea’s largest car-sharing startup, tumbled in its Seoul stock market debut Monday even after pricing shares below the bottom end of a marketed range. Socar’s debut comes amid a sluggish period in the IPO market in South Korea that has prompted a series of Korean companies to delay their listing plans.

South Korea 98

South Korea Share Marketing Malaysia 98

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.

Digital 107

Digital Malaysia Raise Help 107

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 first one was market access and getting fair prices for seafood.

Indonesia 98

Indonesia Fund Platform Malaysia 98

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 expanded into five markets before shutting down its operations in Taiwan and the Philippines in 2016.

Indonesia 105

Indonesia Malaysia Asia Thailand 105

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

Philippines 99

Philippines Global Indonesia Fund 99

TechCrunch

APRIL 7, 2022

Peeba says the lack of B2B-focused online wholesale solutions and tech infrastructure hampered Asia’s antiquated B2B retail, wholesale market in business growth and new market entries during the pandemic. million in seed funding led by Headline Ventures. The new round of funding brings its total raised to $5.8

Marketing 87

Marketing Asia Digital Raise 87

TechCrunch

APRIL 27, 2023

But founder Matthew Joseph Martin soon realized that the startup, backed by investors like Boost VC and Tim Draper, was serving a relatively niche market in the States. So he started researching markets with large populations of Muslim people. Meanwhile in Malaysia, where 61.3% Indonesia emerged as the best choice.

Indonesia 98

Indonesia Malaysia Profit Asia 98

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.

United Kingdom 98

United Kingdom New Zealand Malaysia Australia 98

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.

Malaysia 108

Malaysia Platform Work Training 108

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.

Fund 75

Fund China Malaysia United Kingdom 75

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. They have succeeded in going global; becoming competitive in 10 new international markets.”.

Russia 100

Russia Malaysia Philippines Raise 100

TechCrunch

FEBRUARY 2, 2021

The funding will be used to expand in the Asia-Pacific region, including Indonesia, the Philippines, Malaysia and Indonesia, and to add new features in response to demand from hospitals and healthcare organizations during COVID-19. Bot MD was also part of Y Combinator’s summer 2018 batch.

Singapore 103

Singapore Indonesia Raise Malaysia 103

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.

India 103

India Indonesia Raise Time 103

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 He added that COVID has changed consumer habits.

Taiwan 98

Taiwan Raise Malaysia Singapore 98

TechCrunch

DECEMBER 26, 2022

This is part of a strategic investment, with startup and MUFG planning to expand into new markets and product together in 2023. Earlier this year, Akulaku raised $100 million in funding from Siam Commercial Bank as part of another strategic investment.

Philippines 97

Philippines Raise Asia Malaysia 97

TechCrunch

JULY 20, 2021

Weight-loss platform Noom bulks up on $540 million in new funding. The app also has an AI-based nutritionist called Ria that is trained for cuisines in different markets through a combination of user-tracked data, guidance from local nutritionists and databases from sources like the United States Department of Agriculture.

North America 99

North America India Malaysia Raise 99

TechCrunch

SEPTEMBER 30, 2021

Oyo is ready to explore the public markets. The eight-year-old Indian budget hotel giant has filed the paperwork (PDF) with the local market regulator for an initial public offering, in which it is seeking to raise about $1.16 to name a few markets. Oyo has also streamlined its relationship with hotels in recent quarters.

Files 100

Files Malaysia India Indonesia 100

TechNode

SEPTEMBER 11, 2023

The three guests individually presented insights into their local markets and the varied challenges involved in developing the digital economy. 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.

Bangladesh 52

Bangladesh Nigeria Malaysia Digital 52

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. Founded in Sydney in 2014, the company is now expanding into Southeast Asian and Western European markets. Employment Hero co-founders Ben Thompson and Dave Tong.

United Kingdom 98

United Kingdom New Zealand Malaysia Australia 98

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.

Indonesia 99

Indonesia Philippines Asia Malaysia 99

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.

Singapore 75

Singapore Philippines Platform Vietnam 75

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.

Plugin 94

Plugin Singapore Malaysia Philippines 94

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.,

Teach 99

Teach Skills Digital Online 99

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 In many emerging markets, and mature markets like Europe, WhatsApp is the preferred communication channel between customers and businesses.

Global 95

Global Tools Raise Asia 95

TechCrunch

AUGUST 11, 2021

Jamil Wyne is a co-author of the World Bank report “The Evolution and State of Singapore’s Start-up Ecosystem: Lessons for Emerging Market Economies.” As of 2019, Singapore had over $19 billion in PE and VC assets under management, more than twice that of neighboring Indonesia, Philippines, Vietnam, Malaysia, and Thailand combined.

Singapore 98

Singapore Vietnam Indonesia Malaysia 98

TechCrunch

OCTOBER 7, 2021

Upmesh was launched nine months ago by Wong Zi Yang, Soh Jan, Nhat Vu and Shawn Teow, and is now used by almost 300 live commerce merchants in Singapore, Malaysia and the Philippines. 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.,

Philippines 90

Philippines Community Malaysia Singapore 90

TechCrunch

OCTOBER 13, 2021

Antler joined in its previous funding. . The company is currently operating its service in Singapore, but plans to enter other markets like Malaysia, Hong Kong and Taiwan, Gordon Tay said. . “We Asia’s general insurance market is about $564 billion, and Singapore has approximately $2.9 billion, Gordon Tay mentioned. .

Singapore 102

Singapore Product Asia Develop 102

TechCrunch

NOVEMBER 1, 2021

Both companies are based in Singapore and operate in Southeast Asian markets. ShopBack, which has raised about $126 million from investors like Rakuten, Temasek Holdings, EV Growth, EDBI and East Ventures, says it is now used by about 30 million shoppers across 8,000 merchants in nine Asia-Pacific markets.

Singapore 100

Singapore Platform Service Asia 100

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.

Asia 99

Asia United Kingdom Module Singapore 99

TechCrunch

SEPTEMBER 23, 2022

On the back of its successful launch in Vietnam earlier this year, the startup plans to penetrate farther into Southeast Asian countries such as Thailand, Malaysia and Indonesia in 2023, co-founder and CEO Kimberly Yao said in an interview. . We are taking the best practices along with key learnings to our next market launch.” .

Vietnam 100

Vietnam Philippines Raise Asia 100

TechCrunch

APRIL 28, 2022

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. .

Asia 80

Asia South Korea Vietnam Japan 80

TechCrunch

APRIL 13, 2021

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. It expects to see the total addressable market jump from $52 billion to $180 billion by 2025. billion in cash.

Public 98

Public Myanmar Singapore Asia 98

TechCrunch

OCTOBER 11, 2021

million USD in seed funding, which it says one of the largest seed rounds raised by a digital mental health startup in Southeast Asia so far. ThoughtFull’s main operating markets are Singapore and Malaysia, but it now has users in 43 countries. One of them, ThoughtFull , announced today it has raised $1.1 to expand across Asia.

Asia 79

Asia Accessibility Malaysia Support 79

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. The global construction management software market is expected to reach $23.9 billion in 2031, up from $9.3

Tech 97

Tech Malaysia Philippines Thailand 97