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Were working in places like Indonesia now, and Taiwan, where we have projects that get such consistent rainfall that were seeing our rainwater systems being utilized 80% of the year, Wright says. But in Taipei, in heavy storms, the local water supply often quickly becomes polluted. There’s global interest.
RaRa Delivery ’s ambitious goal is to offer same-day deliveries in Indonesia without burning cash like many on-demand logistics providers. RaRa Delivery’s goal is to integrate with all major marketplaces in Indonesia, so sellers can offer it as a delivery option to customers. 5 ways AI can help mitigate the global shipping crisis.
Indonesia is one of the world’s largest fisheries producers, but the industry is very fragmented. This was the main idea, but the bigger thing we saw at the time was the advantage of Indonesia’s position as a large agricultural country with big potential in the seafood industry,” Aslam told TechCrunch. Series B round.
The round was led by Tiger Global Management, with participation from returning investors Accel, Amasia and Goat Capital, the venture firm co-founded by former Y Combinator partner Justin Kan (in 2015, Xendit became the first Indonesian startup to participate in the accelerator program). “One One big segment are SMEs.
While Indonesia isn’t the most crypto active in the region — total crypto value received was less than half of Thailand’s from July 2021 to June 2022, according to Chainalysis — the country is thought to hold huge potential for web3 adoption, thanks to a young and sizable (270 million) population as well as a vibrant Web 2.0
Hangry , an Indonesian cloud kitchen startup that wants to become a global food and beverage company, has raised a $13 million Series A. It will be used to increase the number of Hangry’s outlets in Indonesia, including launching its first dine-in restaurants, over the next two years before it enters other countries.
We proudly welcome NGO partners Vietnet-ICT and the Lin Centre in Vietnam, as well as ASEAN Foundation , Kopernik Marketplace , and YCAB Foundation in Indonesia to the TechSoup Global family. Our New NGO Partners in Indonesia. YCAB Foundation is an NGO based both in New York and Jakarta, Indonesia.
What’s the point in using “global” tools (social media) for local organizing? From @amoration: I find we’re always both global & local, so many of us travel frequently that virtual organizing tools are essential even for “local&# endeavors. From @davidahood: agree with @neddotcom.
Its Series D will be used to support growth in those markets, and enter new Southeast Asian countries, including Thailand, Vietnam, Indonesia and the Philippines. Localized versions of Employment Hero include pre-built employment contracts and policies that comply with local laws. 6 VCs share their bets on the future of work.
Discovered more than a century ago in South Sudan, excelsa coffee is exciting cash-strapped locals and drawing interest from the international community amid a global coffee crisis caused mainly by climate change. Coffee as a way out of poverty Still, for locals, the coffee represents a chance at a better future.
Brick wants to simplify the process with a suite of APIs that connects financial apps to “hyper-local” sources of data, including banks, mobile wallets and telecoms. Inside Plaid’s plans to build a new, global finance network. The company announced today it has closed a $8.5
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. . Una says that South Korea, the fifth-largest e-commerce market globally, is considered a key market for Una Brands. .
The new funding will be put toward product development and supporting the platform’s global expansion, per Khudir. “Brazil, India and Indonesia are key targets for us due to a wider need for digital education. Quizlet valued at $1 billion as it raises millions during a global pandemic. ” he goes on. .
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.
Simon Black, PPRO’s CEO, said in an interview that two particular areas of focus in the coming year will be more activity in Asian countries like Singapore and Indonesia, as well as Latin America, where the company acquired a local player, allpago , back in 2019.
Australia-based Employment Hero raises $45M AUD for its global expansion. “We Employment Hero began entering new markets in October 2020, launching localized versions of the platform in New Zealand, the United Kingdom, Malaysia and Singapore. We always thought Insight Partners would be a great partner,” Thompson told TechCrunch. “We
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. Additionally, we’re seeing local employers interested in hiring both tech talent locally and also remote hiring as well.
Its website promises businesses that “with a single integration,” they can accept payments in Indonesia and the Philippines. According to Lo , “he happened to have some family in Indonesia, and it was also about the time when Asia was becoming more interesting for YC.” billion in payment value annually.
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. The e-wallet service also serves as a payment channel for B2B, ranging from big brands to local SME owners as well as street market entrepreneurs.
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.
The investment was co-led by Bain Capital Ventures and Tiger Global, and included participation from Canary, Latitud Ventures and Asymmetric Capital Partners. Latin America’s slowing VC market hides local strength. Miferia also offers free shipping and handles payments so brands don’t have to worry about collections.
WhatsApp is piloting a new business directory in São Paulo, Brazil that lets users find local shops and services with a presence on the app, the service’s head Will Cathcart has announced. As of last October, WhatsApp reported that over 175 million people globally used the service to message a WhatsApp business account every day.
The round was led by NEA with participation from Insignia Ventures Partners, SoftBank Ventures Asia, DST Global Partners, Amasia, B Capital, TNB Aura, Bain Capital chairman Stephen Pagliuca, Goldhouse, and Xendit CEO Moses Lo. The company’s agents, or resellers, can either be individuals or local shops called warungs.
Founded in 2019, the startup is operational in Vietnam and has applied for a license to launch in Indonesia. Jeff raises $1M to build alternative credit scoring and other fintech products for Southeast Asia. It also plans to enter the Philippines in the third quarter.
With the latest funding, Peeba plans to double its headcount and expand local offices to improve local language support across 11 Asia countries. Lai said its localization effort isn’t just focused on supporting multiple languages. Peeba is bringing about the next stage of global retail innovation.
According to the World Bank, Indonesia produces 4.8 On the other end of the supply chain, Octopus serves more than 20 brands, including global FMCG companies who use Octopus to help meet their ESG compliance. It claims that more than 12,000 pelestari have been able to open a bank account since joining Octopus.
to send money to the region, much higher than the global average of 6.8%. “We spent some time in Asia, given the growing trade relationship between the two corridors [Africa and Asia], and saw the growing need to make this more efficient, faster and cheaper, evolving from remittances to global payments. ” he added.
In Indonesia, daily necessities often cost more in smaller cities and rural areas. Other participants included returning backers Amasia, Insignia Ventures Partners, Y-Combinator Continuity Fund and Bain Capital co-chairman Stephen Pagliuca, while partners from DST Global and TNB Aura invested for the first time in this round.
Igloo currently works with 20 global, regional and local insurers across Southeast Asia. Mehta said that the penetration rate of insurance in much of Southeast Asia is low, less than $100 USD per capita across Indonesia, Vietnam and the Philippines.
More than 80% of households in Indonesia, Malaysia, Thailand and Vietnam own two-wheeled vehicles, but the majority are fueled by gas. One of Dat Bike’s advantages is that its bikes are developed in house, with locally-sourced parts. In 2018, he moved back to Vietnam and launched Dat Bike.
It operates in the United States, South Korea, Singapore, the Philippines and Indonesia. Summer International co-founder and CEO Xiaoski Kuik said the company’s goal is to create an ecosystem to help influencers and creators launch and sell beauty brands using consumer data and analytics.
Chinas Great Wall Motor is poised for its big entry into Southeast Asia, as the automaker said on Monday it would begin manufacturing its cars in Malaysia and Indonesia as early as July, in addition to its planned entry into Vietnam, local media reported.
The first fund invested in 30 countries, and the second fund will also have a global outlook, but it will focus on one to three countries in each region. Another criteria is to back local founders. There are cases where there are expert founders with really good startups, but we do try to cultivate local talent,” Sosrodjojo said.
The company also aims to complete its $1 billion plant in Indonesia at the end of 2025, the head of its local unit said in January. BYD plans to hire 20,000 employees in Zhengzhou in the first quarter as it boosts production capacity, government-run Henan Daily reported last month.
Canada, CIS Region, Malaysia, Indonesia and Argentina — with the startup offering proprietary localized content for each target region (although its users are spread across some 40 countries). Kodland’s remote courses for children aged 6-17 are currently available in the U.K., Ireland, the U.S.,
Level Infinite, the overseas gaming distribution arm of Tencent Games, announced on Thursday that it has launched a global version of its hit mobile game Honor of Kings in a swathe of new international markets including Japan, South Korea, North America, and Europe. billion ($1.88 billion ($4.77 billion).
Long established as a global financial center, Singapore also looks set to become the “Silicon Valley of Asia.” In the long term, the presence of global tech giants, coupled with homegrown unicorns like Grab, Sea (formerly known as Garena) and Trax, may also mean more exit opportunities for startups.
Three billion people globally are still left out or poorly served by the formal economy. Grab used Thunes’ platform to localize payments, enabling it to accept mobile payment options and give on-demand payouts to drivers, which gave it an edge over Uber.
Data Digest is a weekly round-up of the latest news on data-related projects in the nonprofit sector, compiled and authored by Keisha Taylor of GuideStar International and TechSoup Global. It harnesses locally based solutions to decrease the effects of disasters and rehabilitate communities in disaster-prone areas.
Waze, the Google-owned navigation and mapping service, will lay off 5 percent of its global workforce, or about 30 people out of 555 total employees, the company’s CEO said in an email to employees. Globally, Waze customers drove 60 percent fewer miles in March, when lockdowns started going into effect, as compared to February.
Investors include 500 Startups, Kingsway Capital, 468 Capital, Presight Capital, Global Founders Capital and Maximilian Bitner, the former CEO of Lazada who currently holds the same role at secondhand fashion platform Vestiaire Collective. Target Global leads $150M round for Amazon Marketplace consolidator Branded.
You can buy beautiful, handmade gifts made by artisans from companies and organizations like World of Good , Be Sweet , Global Girlfriend , The Amber Chand Collection and New Mexico Creates. Buy Books from Your Local, Independent Bookstore. Di's Book Blog recommends using the BookSense web site to find independent bookstores near you.
million electric vehicle factory in the countrys coastal Rayong province, the latest development by Chinese automakers to expand their reach in the global car market. Chinas Changan Automobile on Tuesday signed an agreement with Thailands Board of Investment in Beijing to build a $241.7 BYD last September revealed plans to establish a 17.9-billion-baht
I did a post a few weeks ago on youth programs in TechSoup Global's new Local Impact Map and decided I hadn’t covered this resource nearly enough. Our Local Impact Map. demonstrates what nonprofits, NGOs, and libraries around the world are doing with their TechSoup Global software donations to further their missions.
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