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Indonesia-based grocery app HappyFresh reaps $65M led by Naver Financial and Gafina

TechCrunch

Resurgent HappyFresh raises $20M for its online grocery service in Southeast Asia. Founded in 2014, HappyFresh was the first Instacart-style grocery delivery service to launch in Southeast Asia. It expanded into five markets before shutting down its operations in Taiwan and the Philippines in 2016.

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Thailand’s fintech startup Ascend Money lands $150M at a $1.5B valuation

TechCrunch

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.

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Upmesh wants to build a community-driven discovery app for Southeast Asian live commerce

TechCrunch

Upmesh announced today it has closed a seed round of $3 million, led by Leo Capital, with participation from Beenext, iSeed, Goto Financial head of merchant financial services Jonathan Barki, BukuWarung founders Abhinay Peddisetty and Chinmay Chauhan, and Zopim founders Royston Tay and Kwok Yangbin. In the U.S.,

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Southeast Asia “omnichannel” health startup Doctor Anywhere gets $88M SGD

TechCrunch

It is available in Singapore, Malaysia, Thailand, Vietnam and the Philippines, and recently established tech hubs in Bangalore and Ho Chi Minh City. . As a result, the company started its home care services and physical clinics. . Founded in 2017 by Lim Wai Mun, Doctor Anywhere claims it now serves more than 1.5 million users.

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HitPay is a one-stop solution for SMEs

TechCrunch

It is currently used by over 10,000 merchants in Singapore and Malaysia, with plans to expand into more Southeast Asian markets, including Thailand, Indonesia and the Philippines. HitPay’s no-code platform allows SMEs to unify their online and offline payment stacks. The Y Combinator alum announced today that it has raised $15.75

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SoftBank-backed travel tech startup Yanolja acquires Korean e-commerce company Interpark 

TechCrunch

Interpark offers online travel booking services and international shipping to more than 230 countries and targets Korean, English, Chinese, and Japanese-speaking customers. Interpark’s services cover shopping, restaurant reservations, travel tickets, attractions, and live performances, a spokesperson at Yanolja told TechCrunch. .

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Payfazz invests $30M in Xfers as the two Southeast Asian fintechs form Fazz Financial Group

TechCrunch

As part of the deal, Payfazz, an agent-based financial services network in Indonesia, invested $30 million into payments infrastructure provider Xfers. Both Payfazz and Xfers are Y Combinator alums, and want to make financial services accessible to more Southeast Asians, even if they don’t have a bank account.

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