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Indonesia-based insurtech startup Fuse announced today it has secured $25 million of Series B extension round as it plans to enter more countries including Thailand and Vietnam in Southeast Asia. The pandemic accelerated the digital transformation in the insurance industry, one of the most conservative sectors.
Proceeds benefit Animals Asia work to end bear bile farming and improving the welfare of animals in China and Vietnam. 11) Global Goods Partners :: globalgoodspartners.org. Serrv International is a nonprofit dedicated to fighting global poverty through fair and ethical trade. 3) Animals Asia Shop :: shop.animalsasia.org.
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. It’s also working with communities to revive the coffee industry and scale up production. “Coffee needs peace.”
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 Vietnam. Some Fun Facts About Vietnam. There are 54 ethnic groups in Vietnam.
This trend has been circling around the restaurant industry. A Manila-headquartered startup called CloudEats , which operates cloud kitchens across the Philippines and Vietnam, just raised a $7 million Series A extension led by Nordstar to accelerate the digitization of food service in Southeast Asia. . billion by 2030 , up from $15.2
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). But since then, it’s expanded its scope.
The startup, which will launch this month in Ho Chi Minh City, announced today it has raised a $3 million pre-seed round from Global Founders Capital (GFC), Sequoia Capital India, Venturra Discovery and Saison Capital. Before that, he served as Grab Vietnam’s head of GrabBike and GrabExpress. Rino’s grocery delivery app.
Made in Vietnam with mostly domestic parts, Dat Bike’s selling point is its ability to compete with gas motorbikes in terms of pricing and performance. In 2018, he moved back to Vietnam and launched Dat Bike. Dat Bike , a Vietnamese startup with ambitions to become the top electric motorbike company in Southeast Asia, has raised $2.6
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. During the pandemic, the company launched a new service called Global Teams for remote work. 6 VCs share their bets on the future of work.
Its new strategic investor may be adding another few to that list: Panasonic’s construction business is particularly active in India, Turkey and Vietnam. Spain, Kenya, Uganda, Dubai, India, Thailand, Vietnam, the Philippines, Malaysia and Australia, have been using KANNA since its initial product launch 2020, the company said.
In addition, Toni works on several digital-economy-related initiatives that support the scaling of digital businesses, stimulate startup ecosystems and accelerate the digital transformation of key industries in Africa, Asia, the Caribbean and the Middle East. Jamil Wyne. Contributor. A glimpse into Singapore’s current startup ecosystem.
FGVCon transcends borders and platforms, assembling industry leaders, top influencers, brands, sellers, agencies, and platform officials in the dynamic world of short-form video content. million followers), and Akash Ellahi (with 14.9 million followers), making their Chinese show. million followers), and Akash Ellahi (with 14.9
Also participating is Anthos Capital, Global Brain, Clocktower Technology Ventures, Moneta VC, Mitsui Fudosan and Firestartr. Nigel Verdon, co-founder and CEO of Railsbank, tells me the injection of capital will be used to continue expanding the fintech’s global footprint and for further product development.
. “They have a ton of experience in investing in global IT services, companies like Cognizant and GlobalLogic,” said co-founder and CEO Jonathan Siddharth of its lead investor in an interview the other day. Once software ate the IT services industry, what would Accenture look like?” Wei Guo, Ellen Ma?),
196 0s – Anti Vietnam War protests and the push for peace in the United States is well-known for the actions taken by University students and protesters, but also involved outspoken members of the business community. In the same year, the Global Reporting Initiative was founded in Boston. Billion. . . greenhouse gases (GHG)?emissions?in
It also recently expanded into Nigeria, Ghana and Vietnam, among other markets. Before founding Pillow, Roy and KM explored web3 while working at identity verification and AML software provider HyperVerge, while also holding jobs in the traditional finance industry.
Glorang will use the Series A to expand its service to Japan and Malaysia by the fourth quarter of this year and Taiwan, Thailand and Vietnam in the following years, Hwang said. Vietnam after-school learning startup Marathon raises $1.5M It also plans to increase its headcount. . billion in 2027 , from $17.6 billion in 2019.
Cross-border remittances — when people living and working abroad send money back home to friends and family — continues to be a huge part of how those living in developing countries, off the global financial grid, can be helped. on 2020, as parts of the global economy started to claw back growth after a tough 2020 due to Covid-19.
Christine Tsai is the CEO and founding partner of 500 Global. This was another blockbuster year for global venture funding, with 2021 breaking records across the board. Last year, a total of $643 billion was invested globally, according to Crunchbase News , compared with $335 billion in 2020 – that’s 92% growth year over year.
At that time, CEO Ricardo Weder told TechCrunch that the company, which was founded in 2019, weathered the first year of the global pandemic well, seeing 2020 revenue increase 16-fold. The global pandemic helped a lot in terms of grocery adoption in Latin America,” he added. Meanwhile, the online grocery industry in the U.S.
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.
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.
“During a challenging period for the global economy, this new funding round is a ringing endorsement of our mission and a clear vote of confidence in the strength of our technology and the strategic agility of our organization.” ” (One of Vayyar’s newer offices is in China.)
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. We see that different trends can come in at different times in different markets, so it helps us to see the typical trajectory of a certain industry.”.
Unsurprisingly, several countries in the region, like Singapore and Vietnam, have some of the world’s highest crypto adoption rates. industry, one crypto investor pointed out previously. More than half of the population in Southeast Asia is under 30 , making it a coveted market for novel technologies.
The pandemic has majorly affected the global supply chain, with 60% of U.S. Bearing the brunt of the impact is the fashion industry, which employs millions of workers at retail stores, suppliers, and manufacturing factories around the world. But the solutions … need to be vertical and very customized to … industries.”
The time to gala, glitz, and glam with industry leaders, talented techies, and a few of your favorite TechSoup staffers is almost here! Lam is harnessing social media to spark civic engagement and drive global giving and volunteerism. You can also watch the awards ceremony live streamed on uSTREAM online for our global audience.
Why it matters: Mixues second attempt to list on the Hong Kong stock exchange reflects its ongoing efforts to expand its production capacity and strengthen its presence in the competitive global beverage market. In September 2018, Mixue Bingcheng opened its first overseas store in Hanoi, Vietnam. billion and 7.1
“Across the world, global supply chain challenges are resulting in construction delays and labor shortages.” “Our one-stop-shop platform is transformational for supply-side manufacturing, opening up the pockets of manufacturing that exist in India, Vietnam and other Southeast Asian countries for the global markets.
TMYTEK plans to use its expertise, gleaned from helping other researchers develop 5G infrastructure, to create what its chief executive officer describes as a “complete 5G industrial chain.” TMYTEK has manufacturing partners across Asia, including Inventec in Taiwan, and factories in Vietnam and Thailand, in addition to China.
Which industry professional/entrepreneur/startup founder has left the most profound impression on you in 2023? If you were to recommend one significant industry trend for everyone to follow, what would it be? What industry buzzword have you encountered the most in 2023? Later, TikTok announced a $1.5
Which industry professional/entrepreneur/startup founder has left the most profound impression on you in 2023? If you were to recommend one significant industry trend for everyone to follow, what would it be? What industry buzzword have you encountered the most in 2023? Later, TikTok announced a $1.5
Jason Ho, the Co-founder of BEYOND Expo, invited Jon Creyts, the CEO of Rocky Mountain Institute (RMI), to discuss the urgent need for global cooperation, investment, and innovative technology to address climate change on Wednesday at the BEYOND Expo 2024 opening ceremony. The following transcript has been edited for clarity: 1.
Top Chinese automakers BYD and Geely on Monday reported record sales of electric vehicles in 2023 on the back of year-end momentum from their home turf and strong shipments to overseas markets, as Chinas booming industry ramped up its push for global expansion.
Bfree , a Nigerian credit management fintech, has embarked on global expansion after raising $1.7 In preparation for its next stage of growth, Bfree has secured the services of leading industry professionals, including CTO Konrad Pawlus, formerly of SALESmanago, and Yohan Theatre, who previously worked at investment management firm PIMCO.
In a LinkedIn post, Pierce wrote: I’ve spent the last six years in the real estate industry and I was shocked to learn that 20% of all greenhouse gas emissions come from the heating and cooling of our homes. Vietnam-focused investment app Infina boosts its seed round to $6M. Image Credits: Sarah Pierce / LinkedIn. Brick closed an $8.5M
Harvard professor Willy Shih explains the existential problem affecting cars, phones, computers, and more Since the beginning of the pandemic, the demand for microchips has far exceeded supply, causing problems in every industry that relies on computers. And if you’re a Decoder listener , you know that that is every industry.
AIMMO announced today it has raised $12 million in a Series A round to advance its data labeling technology and spur global expansions. Among all the directions and industries, our focuses are [mainly] smart city and autonomous driving.” . The global data collection and labeling market size was valued at $1.6 Japan and Vietnam.
Noissue , a New Zealand-based global packaging platform, wants to make sustainable packaging accessible to businesses of all sizes. intends to use the funds to grow its global team, invest in the technology that powers its platform and localize its supply chain, according to Josh Bowden, CEO and co-founder of noissue. Canada, the U.K.,
Supply chain disruption caused by the COVID-19 pandemic and the war in Ukraine is driving increased costs of goods and services, affecting not only the industrial sector (e.g., semiconductors), but also the agriculture industry. Tridge is trying to solve problems such as global supply chain collapse and agflation,” Shin said.
Riiid has said it will continue to fuel its global expansion with the funding. . This acquisition is the first step in an inorganic strategy to ultimately apply Riiid’s AI technology to the global market and help more learners around the world.” . The Japanese remote learning industry was estimated at $2.6
z International, advertising agency Publicis and Digitas Vietnam partnered with D-ID on marketing efforts for a local festival. “Over the past year we have witnessed the skyrocketing success of our technology across so many applications and industries, with the power to generate so much good,” said Perry. ”
The round matters for its size (nine figures), industry (fintech has taken a valuation pounding in recent quarters) and underlying financial results. Remarkable rounds of the week Etoro reloads at $3.5B However, it had previously secured a pledge for new funds if its SPAC deal fell through, capital that it has now raised.
Examples of socially rousing photography permeate our history: Vietnam, Rwanda, 9-11’s Ground Zero. Due to the fact that the focus of these media corporations is on creating profits rather than social justice, the many answers that we demand as conscious global citizens become conditional.
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