TechCrunch

MARCH 15, 2022

Wagely , an earned wage access (EWA) platform based in Jakarta and Dhaka, has raised $8.3 Wagely, an Indonesian earned wage access and financial services platform, raises $5.6M. Earned wage access platforms allow workers to access wages they have already earned on demand, instead of waiting until payday.

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TechCrunch

SEPTEMBER 23, 2022

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

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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

JANUARY 12, 2021

Launched in South Korea five years ago, content discovery platform Dable now serves a total of six markets in Asia. Dable (the name is a combination of “data” and “able”) currently serves more than 2,500 media outlets in South Korea, Japan, Taiwan, Indonesia, Vietnam and Malaysia. Taboola and Outbrain call off their $850M merger.

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TechCrunch

SEPTEMBER 15, 2022

Cryptocurrency transactions in Indonesia hit $60 billion last year , according to the country’s commodities futures trading agency. Crypto exchange and marketplace Reku has been riding the wave with what it says are the lowest fees on the market, and a platform that is aimed at both newcomers and experienced traders.

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Indonesia Platform Leadership Education 87

TechCrunch

MAY 3, 2021

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.

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TechCrunch

JUNE 8, 2021

Earned wage access (EWA) platforms that allow workers to withdraw their earnings on demand instead of waiting until payday are proliferating around the world. Some notable EWA platforms include Gusto’s Flexible Pay; DailyPay, which recently hit unicorn status ; Wagestream; Minu and Even.

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Accessibility Service Platform Indonesia 99

TechCrunch

DECEMBER 28, 2021

This was the year that global investors not only started to pay close attention to the region’s tech ecosystems, but also began putting real money into them. As a global financial center, one could argue that Singapore’s startup ecosystem is in a category of its own when compared to its neighbors. million people. Social commerce.

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Indonesia Asia Singapore Aggregator 122

TechCrunch

FEBRUARY 3, 2021

Mobile Premier League (MPL) has raised $95 million in a new financing round, just five months after it secured $90 million as the two-and-a-half-year-old Bangalore-based esports and gaming platform looks to grow in international markets. million users in Indonesia, also serves as a publishing platform for other gaming firms.

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Mobile Platform Game India 105

TechCrunch

MARCH 9, 2022

The global thirst for an up-charged pair of Yeezy’s or limited edition Jordan’s combined with a growth in a digital ecosystem is creating new opportunities, particularly in the sneaker resale market, for companies like Kicks Crew , a Los Angeles- and Hong Kong-based sneaker and apparel platform. Canada, Australia and Asia.

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TechCrunch

MARCH 21, 2022

Validus , a Singapore-based lending platform for small and medium-sized enterprises, is acquiring CitiBusiness’ loan portfolio for an undisclosed amount to bolster its top-line revenue and customer base and expand its growing loan book. . Southeast Asian lending platform Validus raises $20 million for its Series B+ round.

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Singapore Platform Thailand Asia 90

TechCrunch

MARCH 14, 2023

One Impression, an Indian influencer marketing platform that does business in markets including Indonesia, Dubai, Europe and the U.S., The Gurugram-based startup is building an Amazon-like platform to help brands quickly find relevant influencers for their marketing campaigns.

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Influence Platform Fund Marketing 98

TechCrunch

DECEMBER 15, 2021

South Korean startup Kakao Entertainment announced today it has acquired Wuxiaworld , an Asia fantasy fiction platform, via its serialized fiction app subsidiary Radish to bolster the mobile storytelling business. based storytelling platform acquisitions , Radish and Tapas Media. The transaction size is $37.5 million. .

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Platform Asia Storytelling Japan 97

TechCrunch

DECEMBER 22, 2020

But in markets like Indonesia, many still use digital wallets or e-commerce platforms, creating alternative sources of user data that can help them secure working capital and other financial tools. It definitely doesn’t need to be a bank account, it could be in a digital wallet, e-commerce platform or other service providers.”

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Singapore Open Indonesia Asia 107

TechCrunch

AUGUST 29, 2022

Glints , one of Southeast Asia’s largest talent development and recruitment platforms, announced today it has raised $50 million in an oversubscribed Series D. The new capital will be used to expand Glints’ talent supply base in the Philippines and employer demand globally and hiring for its product and tech teams. Glints’ team.

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Singapore Platform Philippines Indonesia 75

TechCrunch

OCTOBER 6, 2022

Klikit wants to save Southeast Asian food businesses from “ tablet hell ” by aggregating order information from all apps into one platform. Since launching seven months ago, klikit’s SaaS platform, klikit Cloud, has been used to service more than $2.8 Strategic angel investors include executives from Gojek, YouTube and Flash Coffee.

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TechCrunch

MAY 19, 2022

Xendit , a payments infrastructure platform for Southeast Asia, has raised $300 million in fresh funding. The new round brings its total raised to $538 million and was led by Coatue and Insight Partners, with participation from Accel, Tiger Global, Kleiner Perkins, EV Growth, Amasia, Intudo and Goat Capital. billion to $15 billion.

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TechCrunch

APRIL 19, 2022

trillion, per the company ) in its public-market debut on the Indonesia Stock Exchange (IDX) earlier this month. Given the generally glacial global IPO climate and the fact that GoTo managed to float without sinking, The Exchange got curious. That’s growth, if not rapid growth from a platform spend perspective. billion (IDR15.8

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TechCrunch

MAY 5, 2021

More money for the edtech boom: Munich-based StudySmarter , which makes digital tools to help learners of all ages swot up — styling itself as a “lifelong learning platform” — has closed a $15 million Series A. The platform, which launched back in 2018 and has amassed a user-base of more than 1.5

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TechCrunch

MARCH 1, 2021

Ben Thompson, co-founder and chief executive officer of human resources platform Employment Hero. Businesses, and the tech platforms that support their operations, had to adapt quickly to the pandemic. Employment Hero also renewed its partnership with SEEK, which means the platform includes SEEK job ads in Southeast Asia.

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Australia Global Raise New Zealand 79

TechCrunch

AUGUST 9, 2021

Just two months after its last funding announcement , Indonesian crypto assets platform Pintu has closed a $35 million Series A+. through organic growth, while active traders on the platform increased by 4x. The platform currently offers trades on 16 cryptocurrencies, with plans to add more coins, including NFT tokens.

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Indonesia Fund Demographics Education 100

TechCrunch

MAY 3, 2022

AccelByte , a platform that helps game creators build backend services and tools, has raised $60 million in Series B led by SoftBank Vision Fund 2, with participation from Sony Interactive Entertainment and returning backers Galaxy Interactive and NetEase. Accelbyte did not disclose its valuation.

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Platform Fund Game Service 89

The Verge

DECEMBER 2, 2020

Spotify says Anchor shows account for more consumption, in terms of time spent listening, than any other third-party podcast hosting or distribution provider on its platform. But Mike Mignano, head of podcast mission at Spotify, says the data point speaks to the large global podcasting ecosystem that people might not know exists.

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TechCrunch

JULY 12, 2021

Staff management platform Vara’s team. If you follow startup news from Indonesia, you know that the country’s estimated 60 million small businesses are a hot target for tech companies. million in seed funding from Go Ventures, RTP Global, AlphaJWC, Sequoia Capital India’s Surge, FEBE Ventures and Taurus Ventures.

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Indonesia Digital Raise Pennsylvania 100

TechCrunch

DECEMBER 2, 2022

Carousell , a Singaporean consumer-to-consumer (C2C) service platform operating across Southeast Asia, is letting go of about 110 employees, or 10% of its total headcount, in an effort to reduce costs amid a challenging market condition for the tech industry. . million since its inception, per Crunchbase. .

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Singapore Platform Asia New Zealand 80

TechCrunch

OCTOBER 13, 2022

This brings its total raised to $43 million, including the oversubscribed first tranche of its Series B, which was led by Tiger Global and closed in January 2022. It works with regulators and incumbent banks, and was recently awarded a Bank of Indonesia (BI) Payment Service Provider Category 1 license.

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TechCrunch

APRIL 27, 2023

The microfinancing platform connects investors with small businesses using mudarabah, a shariah-compliant profit-sharing agreement. Indonesia emerged as the best choice. Indonesia and Malaysia, in the heart of Southeast Asia, are among the countries with the largest Muslim populations in the world. out of its 33.6 out of its 33.6

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TechCrunch

SEPTEMBER 14, 2022

The equity investment came from returning investors Tiger Global, DST Investment, B Capital, Insignia Ventures Partners and ACE & Company, with participation from Ilham Ltd, EDBI, InterVest, Y Combinator managing director Michael Seibel and GGV Capital managing partner Hans Tung.

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TechCrunch

DECEMBER 7, 2021

Flip , an Indonesia-based fintech startup, announced today it has raised $48 million in a Series B to accelerate its growth. Flip is Insight Partners’ first investment in Indonesia. . Arriyan, Luqman Sungkar and Ginanjar Ibnu Solikhin co-founded the company in 2015 while studying at University of Indonesia.

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Indonesia Support India Fund 82

TechCrunch

SEPTEMBER 19, 2021

Taha Ahmed and Rooshan Aziz left their jobs in strategy consulting and investment banking in London earlier this year in order to found a mobile-only education platform startup, Maqsad , in Pakistan, with a goal “to make education more accessible to 100 million Pakistani students.” Maqsad announced today its $2.1

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TechCrunch

NOVEMBER 12, 2020

Railsbank , the London-headquartered Banking-as-a-Service platform, has raised $37 million in new growth funding. Also participating is Anthos Capital, Global Brain, Clocktower Technology Ventures, Moneta VC, Mitsui Fudosan and Firestartr. Railsbank raises $10M Series A for its open banking and compliance platform.

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Sri Lanka Service Fund Raise 115

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

APRIL 19, 2021

This marks the first time both have made an investment in Indonesia. One of the Jakarta-based company’s goals is to improve educational standards in Indonesia. Its AI platform matches them with video tutorials, recorded by more than 400 tutors, that break down key concepts.

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TechCrunch

FEBRUARY 9, 2022

Brick currently operates primarily in Indonesia, but is planning to expand into Singapore and the Philippines before eventually covering all markets in Southeast Asia. Inside Plaid’s plans to build a new, global finance network. The funding fill be used to double down on Brick’s presence in Indonesia and regional expansion.

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Asia Open Indonesia Philippines 82

TechCrunch

JULY 14, 2021

The Singapore-based startup announced today it has raised a $12 million Series A to build out its B2B transactions platform. All of Tinvio’s existing investors—Sequoia Capital India’s Surge, Global Founders Capital and Partech Ventures—also returned for its Series A, which brings Tinvio’s total raised to $18.5 million seed round.

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Singapore Service Build Raise 100

TechCrunch

MAY 5, 2021

But the e-commerce landscape is more fragmented in the Asia-Pacific region, where sellers use platforms like Tokopedia, Lazada, Shopee, Rakuten or Ebay depending on where they are. He estimates that there are more than 10 million third-party sellers spread across different platforms in the Asia-Pacific.

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Asia Platform South Korea Amazon 76

TechCrunch

DECEMBER 1, 2020

Angel investors including e-commerce platform Carousell co-founder and chief executive officer Quek Siu Rui; former Sequoia partner Tim Lee; and startup consultancy xto10x’s Southeast Asia CEO J.J. Most are located in Singapore, Hong Kong, Indonesia and India, and range in size from 100 to more than 3,000 employees.

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Singapore Fund Asia United Kingdom 118