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Una Brands , the e-commerce aggregator focused on Asia-Pacific brands, announced today it has raised $15 million for its Series A. 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).
Today, Funding Societies announced it has raised $144 million in an oversubscribed Series C+ equity round led by SoftBank Vision Fund 2, with participation from new investors like VNG Corporation, Rapyd Ventures, EDBI, Indies Capital, K3 Ventures and Ascend Vietnam. . The platform disburses online loans ranging in size from $500 to $1.5
Homebase , a Ho Chi Minh City-based proptech startup that helps people buy homes, announced today it has raised $30 million in equity and debt (the ratio was undisclosed). co, one of the largest property portals in Singapore and Indonesia. YC-backed Homebase is an alternative to traditional mortgages for home buyers in Vietnam.
The startup announced today it has raised $3.8 Surjaudaja told TechCrunch that IDEAL was started “with the thinking that consumer lending in Indonesia is broken.”. With that in mind, Indonesia has one of the lowest credit to GDP ratios in the region, signifying that there is a lot of economic value potential that can be unlocked. “We
.” Having grown up in Karachi, childhood friends Ahmed and Aziz are aware of the challenges about the Pakistani education system, which is notably worse for those not living in large urban areas (the nation’s student-teacher ratio is 44:1). Indonesian edtech CoLearn gets $10M Series A led by Alpha Wave Incubation and GSV Ventures.
The company announced today that it has raised a $70 million Series C led by Gobi Partners and SPIL Ventures, with participation from returning investor Inspire Ventures. This brings the company’s total raised so far to $109 million since it was founded in 2015. The answer is very well-documented. It’s about 8%.
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.
On a return trip to Southeast Asia (McIntosh was born and raised in Indonesia), she observed the rise of social commerce, or people selling through social media like Instagram and WhatsApp, and was surprised to see it was similar to all the manual work she had put into her online bakery years earlier.
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. This brings inFeedo’s total raised since the U.S.-headquartered Quan raises $1.15M from YC to tackle post-pandemic employee burnout.
This is the largest loan facility it has raised so far, and is VPC’s biggeast debt commitment to a fintech company outside of the United States and Europe, as well as its only investment in Southeast Asia. Kredivo will use the debt facility to help achieve its goal of serving 10 million customers in Indonesia.
That said, FairMoney also claims to have an NPL ratio lower than 10%. . Hainy says with Khara’s wealth of experience building consumer products in large emerging markets — India and Indonesia — FairMoney is poised for massive growth in Nigeria and India. The Indian market is quite similar to Nigeria’s.
The startup raised a total of 379.7 FMS is different from car-sharing, which has been Socar’s flagship business for the past ten years, and if stabilized, it is a B2B SaaS that guarantees a high-profit ratio,” Park said. Socar, backed by SoftBank, and Korean strategic investor SK Inc, entered the unicorn club with roughly 183.2
Una announced today that it has raised a $40 million equity and debt round. Una did not disclose the ratio of equity and debt in the round. Like many other e-commerce aggregators, including Thrasio, Una raised debt financing to buy brands because it is non-dilutive.
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.,
The Singapore-based edtech platform announced today that it has raised $7.5 The funding will be used to start scaling Creative Galileo across Southeast Asia, hiring for local teams in Indonesia and Vietnam, its next markets. two cents, and as a result we have a lot of buffer capital and long runway to the next raise.”.
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