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The Malaysia-based company said today it has raised $7 million in Series A funding led by Headline, with participation from AltaIR Capital, Smart Partnership Capital, Sterling Oak Group and Calendula Ventures. Since its last round of funding in January 2020, Respond.io Malaysia-based Respond.io Respond.io
The company is headquartered in Japan, with operations in Malaysia, and plans to expand into Singapore, Thailand and Indonesia. million USD) in pre-Series A funding from Rakuten Ventures and Beyond Next Ventures to build a B2B logistics platform for farmers that sell to restaurants, hotels and other F&B (food and beverage) businesses.
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.
SleekFlow , an omnichannel social commerce platform that helps businesses build customer flow automation from messaging and live video to transactions, has closed $8 million Series A funding led by Tiger Global Management. Transcend Capital and AEF Greater Bay Area Fund, managed by Gobi Partners GBA, also participated in the round.
The team has demonstrated exceptional growth and continues to disrupt the construction materials industry. Some of its clients are in Bangladesh, Malaysia, Singapore and Dubai. “We The startup, which counts Nexus, Foundamental and Accel Partners among its investors, has raised about $275 million to date. “We
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. . Singaporean E-commerce aggregator Rainforest raised a series of funding last year.
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. But Aruna’s founding team saw two major problems while analyzing coastal communities.
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. We’re going to hire a whole team on the ground.”.
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.
The Sydney, Australia-based company also said it has acquired KeyPay, a workforce management and payroll platform that will remain as an independent brand and get investment from Employment Hero to grow its team. The company itself has a team of more than 500 full-time employees based around the world.
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% the Blossom Finance team realized that the market there for Islamic finance was very small, said Martin. out of its 33.6 After initially soft-launching in the U.S.,
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.
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. In Borzo, we find a team with a clear vision of the opportunity in the evolving on-demand delivery space.
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.
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.
Glints’ team. 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. Despite layoffs, there’s still a talent crunch in Southeast Asia.
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. The company says that it saw $10 billion in annualized transaction volumes last year.
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 Image Credits: FunNow. “We
That’s where WATI (WhatsApp Team Inbox) steps in. 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 Another example is an edtech client that has used WATI for almost two years.
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.
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.
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. As part of the program, Speedoc plans to expand its virtual hospital program, which includes a 24/7 patient care team.
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.
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. .
For us, the opportunity is not about taking market share from other players, it’s really about expanding the awareness of online work and hiring these virtual global teams as an alternative to traditional way of recruiting or building a company,” he said. That’s where the Private Workplace comes in. Focus on the East.
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.,
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. MIT and Boston Dynamics team up on ‘Dr.
” The company is coming out of stealth today and also announcing that it has raised $12 million in funding led by Petra Group and Freestyle Capital, with participation from Jake Roper, Peter Hollens, Wendy Ayche (a.k.a. ” Former YouTube exec unveils Next 10 Ventures, a $50M fund to back online creators.
TreeDots announced today that it has raised an $11 million Series A led by Amasia and East Ventures, with participation from investors including Active Fund, Seeds Capital, author Nir Eyal and actress Fiona Xie. About one-third of food produced in the world is never eaten.
To get more data for its latest Southeast Asia Tech Talent Compensation report, which covers startup hiring in Singapore, Indonesia and Vietnam, Monk’s Hill Ventures teamed up with Glints , one of its portfolio companies. Now even more founders have become open to remote teams because of the pandemic. Competing for specialized skills.
Raena’s team, from left to right: chief operating officer Guo Xing Lim, chief executive officer Sreejita Deb and chief commercial officer Widelia Liu. Its last funding announcement was a $1.82 Image Credits: Raena. Raena was founded in 2019 to create personal care brands with top social media influencers. Raena raises $1.82
The company announced today it has raised $12 million in Series A funding led by Jungle Ventures, with participation from Tiger Global and returning investors like Bling Capital. Part of the funding will be used for the company’s second ESOP buyback for all employees. This brings inFeedo’s total raised since the U.S.-headquartered
Many work teams, especially stores and restaurants, rely on manual spreadsheets to ensure their operations are running smoothly. million in pre-Series A funding, led by Insignia Ventures Partners, with participation from Sovereign’s Capital and Saison Capital. The new funding brings its total raised to $5.7
Citigroup also has agreed to sell its Southeast Asia retail operations in Indonesia, Malaysia, Thailand, and Vietnam to Singapore-based United Overseas Bank for about $3.7billion in January. . Validus has made independent hires to manage the CitiBusiness team while acquiring the loan portfolio and the customers, Goel noted. . “We
The company’s Series B, which brings its total raised since 2017 to $41 million AUD, will be used to expand in Southeast Asia and double its total team by hiring 100 new people, including 50 software developers. The company launched in Singapore in May, followed by Malaysia in August.
This will include everything from funding rounds to trends to an analysis of a particular space to hot takes on a particular company or phenomenon. BaaS startup Synctera said it is teaming up with Wahed (meaning “One” in Arabic), a digital Islamic investment platform that describes itself as the world’s first halal investment app.
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. . CloudEats says it has served more than 2.5 million orders.
Users choose the delivery channels they want, such as bank to bank, wallet to wallet, bank to wallet and wallet to bank options to transfer funds as well as make merchant payments, with settlement done within 24 hours,” said CEO Eddie in a statement. African startups join global funding boom as fintech shines.
Based in Hong Kong, Pickupp also operates in Malaysia, Singapore and Taiwan, and claims it can save clients an average of about 28% in logistic costs. Before starting Pickupp, co-founder and chief executive officer Crystal Pang, a software engineer by training, was part of the team that launched Uber in Hong Kong in 2014.
Based in Singapore, the startup just exited stealth mode with $2 million in pre-seed funding. million in orders across 150 brands in the Philippines, Malaysia, Indonesia, Singapore, Taiwan and Australia. klikit’s team. The startup’s new funding was used during stealth mode to hire 30 people in six countries.
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. The second is its clinical team of coaches, therapists, psychologists and psychiatrists.
Ben Thompson, co-founder and chief executive officer of human resources platform Employment Hero told TechCrunch that “COVID-19 accelerated the adoption of employment management software by roughly five years,” as teams adjusted to remote work. million) Series D, bringing its valuation to more than $250 million AUD ($193.4
According to the company, SwipeRX will use the fresh capital to scale its growth across Southeast Asia, expand its logistics network for B2B e-commerce and increase its team. million in Series A funding in 2017 — has the kind of momentum that investors like. Certainly, SwipeRx — which raised $6.3 ”
The round was led by Evolvence India Fund, Sistema Asia Fund and Foundamental, while existing investors Accel, Tiger Global and Nexus also participated. Some of its clients are in Bangladesh, Malaysia, Singapore and Dubai. Mumbai-headquartered Infra.Market said on Thursday it has raised $20 million in a Series B financing round.
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