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There’s a large education gap in Vietnam between urban centers, which have access to more resources, and the smaller cities and rural areas where 80% of students live. Before founding Edupia, Hung spent 10 years as director of digital services at Viettel, the largest telco in Vietnam.
Proceeds benefit Animals Asia work to end bear bile farming and improving the welfare of animals in China and Vietnam. Global Goods Partners have partnered with over 60 artisan groups in more than 20 countries throughout Asia, Africa, and the Americas to help bring to market the fair trade, handcrafted products they produce.
Kilo , a Vietnam-based B2B e-commerce platform that connects wholesalers with micro, small and medium enterprises (MSMEs), wants to digitize the local retail value chain via technology. “In The startup retained thousands of MSMEs in 24 provinces across Vietnam, Ryan Wilber, Kilo’s head of product and engineering said.
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.
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
Seven venture capital firms participated in the latest round: DS Asset Management, Industrial Bank of Korea, Hanwha Investment & Securities, S&S Investment, Toss investment, Korea Asset Investment & Securities and Venture Field. Among all the directions and industries, our focuses are [mainly] smart city and autonomous driving.”
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. They are all part of TechSoup Asia , which serves charities in the Philippines, Malaysia, Singapore, Thailand — and now Vietnam and Indonesia.
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. kW) and 2 times the range (100 km versus 50 km) of most electric motorbikes in the market, at the same price point.
Before starting Rino, Nguyen was part of the founding team and chief operating officer of Baemin Vietnam, one of the country’s largest food delivery apps. Before that, he served as Grab Vietnam’s head of GrabBike and GrabExpress. Four years ago, food delivery in Vietnam was slow. Rino’s grocery delivery app.
Now it’s set a goal of investing in 100 more startups with the launch of its second emerging market seed-stage fund, called Seedstars International Ventures II (SIV), with a first close of $20 million. We’re really looking to diversify holdings, leveraging learnings from one market to another,” said Sosrodjojo.
By leveraging this investment, we will capture broader Japanese market opportunities. 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
Taptap Send believes that its unique place in the market is that it has built not just the easiest, but the most reliable system to initiate, manage and receive those transfers. Taptap Send has been steadily growing and adding more countries to its list of served markets.
The startup, which launched its app in Vietnam last year, announced today it has raised $1 million, led by the Estonian Business Angels Network (EstBAN). Jeff currently claims more than 300,000 users in Vietnam. ” Payfazz invests $30M in Xfers as the two Southeast Asian fintechs form Fazz Financial Group.
Founded in 2016, viAct currently serves more than 30 construction industry clients in Asia and Europe. trillion-dollar industry. The viAct team has not only created a product that drives value for the industry but has also been able to earn the trust of their customers and accelerate adoption.”
Karamba Security , an Israel-based security startup that focuses on the IoT and automotive industry, today announced a $10 million extension to its $12 million Series B round from 2017. ” Karamba Security’s XGuard. ” Karamba Security’s XGuard.
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.
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. Europe and other countries such as Turkey, Brazil, India, Vietnam and Tanzania, Shin said.
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.
“They were a little slow to invest in [AI] and I think they realized — and the rest of the market, I think will realize it — if you don’t invest heavily and early, you kind of get behind the eight ball,” Lee told me. He also noted that there are a lot of obvious synergies between the two companies. .
It will also double down on existing markets such as the U.K./Europe. Asked what the upside of the Wirecard acquisition was, the Railsbank founder says it helps maintain an orderly market in the U.K. and Europe and helps protect the reputation of the fintech industry. It has offices in 11 locations: Santa Monica (U.S.),
Founded in 2021 by Arindam Roy, Rajath KM and Kartik Mishra, Pillow is focused on emerging markets like Africa and Southeast Asia. It also recently expanded into Nigeria, Ghana and Vietnam, among other markets. Create a social media punch list for cryptocurrency marketing.
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. .
I think what we have seen is that there has been a lot of capital being pumped into the tech industry over the past two to three years in a major bull run. Teams that have been hit hardest include operations, financial and human resource departments, plus some sales and marketing teams. It’s a correction in general.
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. A nti-war wasn’t the only movement that took place in the 1960s. Billion. . . greenhouse gases (GHG)?emissions?in
Jüsto , the Mexico City-based online grocer, continues to run on all cylinders with a goal of saturating the Latin American market. Weder planned on using the Series A funding to expand across Mexico and Latin America — a market he told me represents a $600 billion opportunity — and that’s just what the company did. billion in 2020.
Before COVID-19, many of Xendit’s customers were in the travel industry, and it was hit hard by the pandemic. Suddenly the malls are closed, so we’ve been able to sign some of the bigger retail outlet groups in the market as well.”. We’re not like players where expanding into one market means a sales team, and that’s it.
Many already had investments in Southeast Asian companies and were eyeing markets there as well, particularly Indonesia. “Strategically, they also have to find another big market with long-term potential for growth, and I think that’s why they are targeting Southeast Asia.” ” Government policy pays off. .
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 capital will be used for expansion and growth in markets including New Zealand, Southeast Asia and the United Kingdom. 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. million USD).
In the automotive industry, Vayyar offers solutions for collision warnings, parking assistance, adaptive cruise control, seatbelt detection and automatic breaking. Vayyar sells Vayyar Care, a fall detection system for monitoring people at higher risk of tripping and falling in bedrooms, bathrooms and other living spaces.
Based in Jakarta, Verihubs was founded in 2019 by Rick Firnando, who has more than 9 years of experience in the B2B industry, and Williem Williem, an AI researcher who holds a PhD in computer vision from South Korea’s Inha University. And we’re also exploring expanding into new markets, like the Philippines and Vietnam.”.
“We feel like there is a clear gap in the market, namely conventional, productive and larger ticket size consumer lending products offered on a user-friendly digital platform,” he said. The startup is currently focused on the primary housing marketing, but plans to expand to secondary housing and mortgage refinancing/takeover products.
Once software ate the IT services industry, what would Accenture look like?” A previous startup co-founded by the pair — content discovery app Rover — highlighted to them a gap in the market. n), 500 Startups Vietnam (Binh Tran and Eddie Thai), Canvas Ventures (Gary Little), B Capital (Karen Appleton P?age,
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.” and European market, he said. First, having its own solutions will allow TMYTEK to test base stations and bring them to market faster.
Europe, China, Vietnam and Australia, and it works with its logistics partners to offset carbon emissions related to shipping, the company says. . Ordering goods online isn’t going to go anywhere, but as more companies set sustainability goals, noissue is primed to capture what may now be a market niche, but may soon become a necessity.
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. Customers can also use Fashinza to track time and action calendars, a tool used in the apparel industry to follow up on manufacturing milestones to ensure timely delivery. .
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
The company offers a complete spectrum of e-commerce support services for direct-to-consumer (D2C) brands, from making a website, setting up a payment system, and managing marketing to handling shipping, warehousing, and logistics. In other words, Plugo enables D2C merchants to focus on their products and supports other processes.
More than half of the population in Southeast Asia is under 30 , making it a coveted market for novel technologies. 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.
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
More former than the latter, given the frozen IPO market. The round matters for its size (nine figures), industry (fintech has taken a valuation pounding in recent quarters) and underlying financial results. markets, deciding that it needs to lay off 27% of its staff for the second time in less than two quarters.
Beyond being awash in capital, the VC industry has also seen a historic number of exits. A record number of companies went public in 2021, with many at huge valuations: 238 companies debuted on the public markets last year valued above $1 billion. In 2020, only 61 companies went public at this valuation.
Amit Anand is a founding partner of Jungle Ventures and an early pioneer and leader in the development of Southeast Asia’s venture capital industry. It remains at a relatively nascent phase expansion in the technology industry but is at the same time developed enough to have a 400-million-strong internet user base. Amit Anand.
Dear Sophie: Do we need a visa to explore the US market? Dear Sophie: Do we need a visa to explore the US market? Unicorn exits augur poorly as Justworks delays IPO, citing ‘market conditions’. Justworks’ IPO delay indicates that the enthusiasm gap between private markets and their public analog is wide. Walter Thompson.
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