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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. The new round brings Loship’s total raised to $20 million. We are locals and we have our winning playbook. Kamereo gets $4.6M
The startup announced today it has raised a seed extension of $1.5 The funding brings Jeff’s total raised to about $2.5 Jeff raises $1M to build alternative credit scoring and other fintech products for Southeast Asia. Jeff raises $1M to build alternative credit scoring and other fintech products for Southeast Asia.
Dat Bike , a Vietnamese startup with ambitions to become the top electric motorbike company in Southeast Asia, has raised $2.6 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.
The startup’s goal is to create “small Silicon Valleys” across Vietnam, with educational centers that help prepare students of all ages for careers in tech. Today, the edtech announced that it has raised $15 million in Series B funding led by Kaizenvest, a private equity firm that focuses on the education space.
The startup’s goal is to create “small Silicon Valleys” across Vietnam, with educational centers that help prepare students of all ages for careers in tech. Today, the edtech announced that it has raised $15 million in Series B funding led by Kaizenvest, a private equity firm that focuses on the education space.
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.
The company is one of the largest VC–backed startups in Southeast Asia, having raised over $60M in funding. The final piece of my four-part guide to expanding a business into Asia is tailored more towards local startups and a big issue that affects many of them: raising funding from investors. Where are all of the VCs in Asia?
The Singapore-based startup announced today it has raised $6.6 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. million in pre-Series B funding, led by Headline Asia. Jenfi absolutely stood out to us.
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.
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.
The startup plans to use the Series C, which brings its total raised to $170 million to date, to expedite its global expansion, make acquisitions and increase its headcount, Charlie Sanghoon Shin, co-founder and CEO of Greenlabs, told TechCrunch. Indigo raises $250M, launches marketplace to help farmers get paid for quality grain.
The new round of funding brings its total raised to $5.8 With the latest funding, Peeba plans to double its headcount and expand local offices to improve local language support across 11 Asia countries. Lai said its localization effort isn’t just focused on supporting multiple languages. The startup has secured $4.2
Igloo , a Singapore-based insurtech focused on underserved communities in Southeast Asia, announced it has raised a Series B extension of $27 million, bringing the round’s total to $46 million. Igloo currently works with 20 global, regional and local insurers across Southeast Asia.
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.
Indonesia’s Xendit , a startup focused on building digital payments infrastructure for the region, has just raised $64.6 The funding brings the total amount raised by the Jakarta-based company to $88 million since its 2015. And Southeast Asia is no exception. million in a Series B led by Silicon Valley heavyweight Accel.
Founded in 2014, the company operates its business across Singapore, Malaysia, Indonesia, Thailand, Vietnam, and the Philippines. Singapore’s logistics tech startup Parcel Perform raises $20 million. Ninja Van raises $30M to build a regional logistics network in Southeast Asia. It currently employs more than 61,000 staff.
The Sydney, Australia-based company announced today it has raised a $45 million AUD (about $34.8 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).
Glorang , a Seoul-based edtech startup that offers after-school classes and extracurricular activities via online for students between the ages of 3 and 18, said Friday it has raised a $10 million Series A funding co-led by Korea Investment Partners and Murex Partners, along with Japan’s Pksha Capital. . pre-seed round.
The company has now raised more than $80 million, and while it is not disclosing its valuation, PitchBook data notes that it is $715 million as of this round (which appears to have closed earlier in the year). At a time when the global economy has been under pressure, Taptap Send saw business grow eight-fold, the company said.
Glints , one of Southeast Asia’s largest talent development and recruitment platforms, announced today it has raised $50 million in an oversubscribed Series D. This brings Glints’ total raised so far to $80 million. Additionally, we’re seeing local employers interested in hiring both tech talent locally and also remote hiring as well.
The Singapore-based startup announced it has raised $18 million in Series A financing co-led by Accel and Quona Capital, with participation from Elevation Capital and Jump Capital. 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.
Ascend Money , the Thailand-based fintech startup behind TrueMoney, an e-wallet service, announced today it has raised a $150 million Series C round at a valuation of $1.5 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.
Australia-based Employment Hero raises $45M AUD for its global expansion. “We We had been speaking with them for years, so when they asked if we would consider raising, we agreed it was definitely worth exploring. After that, it plans to localize Employment Hero for Indonesia, Thailand, the Philippines, Hong Kong and Vietnam.
The company is one of the largest VC–backed startups in Southeast Asia, having raised over $60 million in funding. For example, should they hire in-market consultants, an expatriate based in a hub city, or partner with a local player? Hire the right people – local and entrepreneurial. You also need true local expertise.
Presently , Wapi Pay works with local banks and platforms in China, Indonesia, India, Japan, Malaysia, Philippines, Singapore, Taiwan, Thailand and Vietnam. The company claims to be growing at 396% year-on-year since 2019 and has hopes to continue in that fashion.
Twinco Capital , a Madrid and Amsterdam-based startup making it easier to access supply chain finance, has raised €3 million in funding. Exporters in countries like Bangladesh, China or Vietnam that have been supplying European companies for years, with stable commercial relationships.
The Manila and Singapore-based startup announced it has raised $1 million in seed funding, led by Wavemaker Partners with participation from ADB Ventures, the Asian Development Bank’s venture arm, to expand in Asia and add features to its platform, including a self-serve version that is slated for release in January 2022. and raises $77M.
trillion won in June 2021, when it raised $410 million in pre-Series G funding at a $7.4 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. . trillion won ( $7 billion), up from 8.5 billion (8.5
Beam , a Singaporean shared micromobility operator, announced today that it has raised $93 million in a Series B round to accelerate growth into new countries in Asia. Singapore’s micromobility startup Beam raises $26 million. This article has been updated to reflect new information from Beam.
Jakarta-based Xendit , best known for its digital payment infrastructure but also focused on other financial products, announced today it has raised $150 million in Series C funding, bumping its valuation to $1 billion. Indonesian payments infra startup Xendit raises $64.6M in Accel-led Series B.
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.” He wrote about how Synthesis AI raised $17 million to create synthetic data to improve computer vision and how payroll provider Symmetrical.ai raised $18.5
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. Zenysis — which raised a $2.8 “What I saw after a while was a missing pillar there, and that was technology innovation,” he said. .
We previously reported on the company last February when it raised $65 million in a Series A round led by General Atlantic. It entered the Peruvian market late last year after acquiring local e-grocer Freshmart and has since announced the opening of its first physical store in Lima to offer a hybrid grocery model. billion in 2020.
” The initial markets will be in Mexico, Costa Rica, Peru, South Africa, Kenya, Uganda and Vietnam, where Apeel’s tech will treat avocados, pineapples, asparagus and citrus fruits like lemons, limes and oranges. . “The value is not just in the longer-lasting produce, it’s in the market access for that longer-lasting produce.”
Catherine Bashiama runs her fingers along the branches of the coffee tree she’s raised from a seedling, searching anxiously for its first fruit buds since she planted it three years ago. Coffee as a way out of poverty Still, for locals, the coffee represents a chance at a better future. Excelsa could play a key role in adapting.
Verihubs announced it has raised $2.8 For unbanked users, Firnando said Verihubs is working closely with Payfazz, which lets customers deposit money with local agents to use for online payments, and BukuWarung, a bookkeeping app for SMEs, to access transaction data.
The startup announced today it has raised $3.8 Indonesia’s mortgage penetration rate is also just 3% of the local GDP, one of the lowest in Southeast Asia. IDEAL also plans to expand to other major lending products, with a long-term vision of entering more Southeast Asian markets like Thailand, the Philippines and Vietnam.
Xfers says it has access to more than 10 million underbanked consumers in Indonesia through its work with agent banking services, and also plans to expand into Thailand, the Philippines, Malaysia and Vietnam. You’ll hear firsthand how some of the most successful founders and VCs build their businesses, raise money and manage their portfolios.
NFTs have been sold to raise money for the Ukrainian people and military. You don’t trust the local currency and on top of that, you don’t trust banks.” A member of Russian performance art group Pussy Riot created UkraineDAO , to use “the power of web3 tech and community to raise funds.” Stand with the people of Ukraine.
INKR is a digital comics platform that crosses cultural and language divides, enabling creators to reach global audiences with its proprietary localization technology. Previously bootstrapped, the company announced today that it has raised $3.1 Comics localization is more than just translation.
GlobalFair today announced that it raised $20 million in a Series A funding round led by Lightspeed — a mix of equity ($12 million) and debt ($8 million) — with participation from Saama Capital, India Quotient, AUM Ventures and Stride Ventures. construction contractors.
I did a post a few weeks ago on youth programs in TechSoup Global's new Local Impact Map and decided I hadn’t covered this resource nearly enough. Our Local Impact Map. It first works with local community people to see what its children need and then tailors programs that are specific to that locale.
This took the organization from a private franchise focused on local chapters to one the entire nation—and big donors—could get behind. and the cultural resistance to entering Vietnam in 1965, we saw how Americans began to organize and work together to tackle specific issues with a narrow focus. Go big, or go home.
D-ID , the Israeli company leveraging artificial intelligence to create unique, viral experiences like “Deep Nostalgia ,” which animates the faces of long-lost relatives in your old photos, announced today the raise of a $25 million Series B round of funding led by Macquarie Capital. It’s worked with Warner Bros.
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