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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.
Loship , the Vietnamese on-demand e-commerce platform that started as a reviews app, announced today it has raised $12 million in pre-Series C funding, bringing its valuation to $100 million. Mio, a social commerce startup focused on smaller cities and rural areas in Vietnam, raises $1M seed. Kamereo gets $4.6M
Jenfi , a “growth-capital-as-a-service” platform, can provide online businesses with revenue-based financing in a little as a day. The new funding will be used to grow its customer base in Singapore, Vietnam and Indonesia, and expand into new markets in Southeast Asia, like Malaysia, the Philippines and Thailand.
His work evolved into environmental intelligence platform Komunidad , which collects data from government and private sources, and turns it into customizable analytics to help clients react quickly to potential disasters. Its new investment will be used to build a scalable platform. Weather platform ClimaCell is now Tomorrow.io
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.
Glints , one of Southeast Asia’s largest talent development and recruitment platforms, announced today it has raised $50 million in an oversubscribed Series D. Additionally, we’re seeing local employers interested in hiring both tech talent locally and also remote hiring as well. Glints’ team.
A few months ago, brothers Hai Nam Bui and Hai Long Bui were developing a bookkeeping app for small retailers in Vietnam. Then a new COVID-19 outbreak hit Vietnam. Since launching three months ago, SoBanHang’s “hyper local e-commerce enabler” has signed up almost 20,000 merchants, many selling online for the first time.
QuotaBook , a Seoul-based equity management platform, has raised $11 million in funding led by Elefund, with participation from Access Ventures, Hana Securities and South Korean fintech company Viva Republica. Some of its previous backers, including Draper Associates and Capstone Partners, joined the round. Image Credits: QuotaBook.
Igloo currently works with 20 global, regional and local insurers across Southeast Asia. It now offers 15 products, including policies for gig workers, gamers, cars and farmers in Vietnam, and says it has facilitated more than 300 million policies and increased gross written premiums by 30 times since 2019.
Pillow aspires to be an all-in-one platform that helps even newbie users save, spend and invest in crypto currency. It also recently expanded into Nigeria, Ghana and Vietnam, among other markets. The app currently has more than 75,000 users in over 60 countries.
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.
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. Glorang was founded in 2017 by Hwang, who started off this company with an AI-powered platform helping students match with study abroad programs.
The company wants to focus on the Indonesian market, one of the largest markets in Southeast Asia, for the next 12 months, then expand to other Southeast Asian countries, such as Malaysia, Vietnam, Thailand and the Philippines, Bang told TechCrunch.
Employment Hero is an automated human resources, payroll and benefits platform for SMEs. Its previous funding announcement was a $45 million AUD Series D announced in March , led by online job platform SEEK, at the company’s previous valuation of about $250 million AUD.
A startup called Peeba has built a B2B wholesale online platform that connects independent retailers across Asia with unique brands around the world. The Hong Kong-headquartered company wants to help Asia-based B2B retailers reduce inventory risk and offer higher operational efficiency with lower costs via its platform. .
Toward that end, Toss plans to use the proceeds of its newest fundraise to invest in its products, including digital lending and online payment service for individuals and local merchants. . Viva Republica continues to push ahead with its acquisitions. Toss Payments’ monthly trading volume surpassed $ 2.7 billion in November.)
Glints , one of Southeast Asia’s largest jobs platforms with over 30,000 active job listings per month and 40,000 employers, recently issued a report that shows the situation may not be so dour (even though it probably doesn’t feel that way to someone who just got laid off).
In July, it announced a strategic investment in legacy online payments platform Dragonpay. By August, there were 10,000 SME sign-ups on our platform alone. The other one is expanding out to fintech companies—for example, there’s been a big uptick in Indonesia, especially accounting platforms. in Accel-led Series B.
The Seoul-based firm has expanded to China and Vietnam with its smart farm technologies since 2021. It also plans to penetrate to other overseas countries this year by forming strategic partnerships with local agtech and foodtech players, which play similar strategies to Greenlabs, Shin said. Series B round.
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. Localized versions of Employment Hero include pre-built employment contracts and policies that comply with local laws.
At the same time, Stambolis said it was pretty clear that more developed ecosystems such as Silicon Valley didn’t care much about meeting struggling regions’ local health and development targets. But despite that, Zenysis’s data platform and the government’s vaccine campaign provided a positive outcome. based VC firm 500 Startups. .
Beam, which currently operates e-scooters and e-bikes in 35 cities across Malaysia, Thailand, South Korea, Australia and New Zealand, aims to spread into markets like Japan, Indonesia, the Philippines, Vietnam and Turkey. .
Specifically, these are Indonesia, Vietnam and the Philippines in Southeast Asia (though Sosrodjojo said SIV II will also look at other countries); Pakistan and Bangladesh in South Asia; Egypt in MENA; and Mexico in Latin America. Another criteria is to back local founders.
Based in Jakarta, IDEAL simplifies the process with a platform that lets users compare mortgage products and apply for them from multiple banks at the same time. Indonesia’s mortgage penetration rate is also just 3% of the local GDP, one of the lowest in Southeast Asia. IDEAL’s digital platform seeks to solve these challenges.
Unsurprisingly, several countries in the region, like Singapore and Vietnam, have some of the world’s highest crypto adoption rates. million seed round to create a user-friendly platform for businesses to create NFTs; end users, on the other hand, can buy and trade digital assets on the platform with the local currency rupiah.
Founded in 2019 by brothers Paul Ndichu and Eddie Ndichu , Wapi Pay provides a payments gateway for African businesses to receive and send money from Asia via mobile money platforms and bank accounts. Most of the focus on remittance has been the flow of money into Africa for sustenance.
Digital comics platform INKR’s team. INKR is a digital comics platform that crosses cultural and language divides, enabling creators to reach global audiences with its proprietary localization technology. Comics localization is more than just translation.
When you teach internationally, it is important to localize your content and Tharum was able to provide many local and regional examples and tips. The Resource Alliance has been presenting the NGO Awards in Thailand, India and Vietnam for 10 years, but 2017 marked a substantial change in the award program’s focus and delivery.
There’s a Google of Russia : Its name is Yandex, and it’s selling its media division to, get this, a company called VKontakte, which is considered “the local Facebook equivalent.” Without a car in the world : Post-pandemic, used car platforms are booming , and Spotawheel just raised €100 million. Not sure it gets better than that.
” Xendit was originally launched as a P2P payments platform before evolving into its current model. Xendit recently expanded into the Philippines and also is considering other countries in Southeast Asia, such as Thailand, Vietnam, Malaysia and Singapore, according to Wijaya. ” It is also eyeing other markets.
Fazz Financial Group also appointed as its chief financial officer Robert Polana, who previously held the same role at booking platform Tiket.com. Both will continue serving as CEOs of their respective companies. Customers deposit cash with agents, and that balance can used to pay phone, electricity and other bills.
With GlobalFair, Garg and Chandra drew on their technical backgrounds to create a platform with predictive modeling capabilities. “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.
This took the organization from a private franchise focused on local chapters to one the entire nation—and big donors—could get behind. By collaborating, you can save costs on things like shared infrastructure and administrative expenses, promote each other’s mission on different platforms and maximize efficiency on getting tasks done.
The Indonesian government believed that TikTok Shop’s business model would impact the livelihood of local small businesses, leading to the shutdown order. billion investment in the Indonesian e-commerce platform Tokopedia. Later, TikTok announced a $1.5 The developments of these two companies will continue to be watched closely.
The Indonesian government believed that TikTok Shops business model would impact the livelihood of local small businesses, leading to the shutdown order. billion investment in the Indonesian e-commerce platform Tokopedia. TikTok Shop being shut down in Indonesia by the government was unexpected. Later, TikTok announced a $1.5
Just like any other startup, we talked about Blackstone’s ability to generate recurring revenue, and how the griddle itself is a platform for a variety of additional products and services, some of which might be made by competitors. The first ones that we sold were to a local retailer in Salt Lake City in Utah called Sportsman’s Warehouse.
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.
Deep Nostalgia and LiveStory, both collaborations with MyHeritage, helped put D-ID’s name on the map, as the resulting animations went viral across social media platforms like TikTok, thanks to users sharing their emotional reactions to seeing their loved ones again in this new format. It’s worked with Warner Bros.
We learn in different cultural settings, even local settings, how to communicate our suffering.”. We learn in different cultural settings, even local settings, how to communicate our suffering.” Explanations included environmental pollution and cancer clusters; Erin Brockovich sent a team to test local soil.
This pipeline — from physical protest to social media to establishment outlets — is what has helped the convoy evolve from a local standoff into a televised event that can raise millions from supporters thousands of miles away. Fox News has an interesting way of filtering very local events through the prism of its own culture wars”.
The exceptional capacity of Langoo in its local business with Riiid Tutor was the main reason for this acquisition,” said co-founder and CEO of Riiid YJ Jang. The company expects to address local remote learning and education in the market. Canada, Brazil, and Vietnam. . The Japanese remote learning industry was estimated at $2.6
Four hundred million people in the region already use the internet, but by year’s end, one estimate suggests that 80% of the population over the age of 15 in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam will be digital consumers. Since Big Tech came to Denver, investors can’t buy enough local startups.
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. Creative Galileo keeps children hooked by adding in their favorite cartoon characters.
Ancient8 , Vietnam’s blockchain gaming guild, develops a community and software platform to enable everyone to play P2E (play-to-earn) games and build the metaverse while earning rewards. “We Vietnam is one of the most exciting and fast-growing markets in the world today for blockchain adoption.
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