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Based in Singapore, it is currently active there and in Indonesia, and plans to roll out in other Southeast Asian markets after localizing for employment regulations. He added that “Singapore is possible the most mature market in Southeast Asia Asia in terms of software/cloud adoption and willingness to spend.
Singapore-based venture firm Jungle Ventures is digging deeper into Southeast Asia and India with the close of its fourth fund. Jungle Ventures has about 60 portfolio companies and says its enterprise value is over $12 billion on $250 million of invested capital, with a loss ratio of less than 5%. .
There still exists a tech talent crunch, even in Singapore, where most layoffs and hiring freezes have happened because it’s regional headquarters for many international businesses and a startup hub. It’s a correction in general. It’s not all doom and gloom in two ways, and there are still positives,” Yeo said.
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). The company now has 90 team members in seven offices across the Asia-Pacific: Singapore, Australia, India, China, Indonesia and Malaysia.
The conversion ratio for calories in versus calories out is seven to eight calories for a chicken for one calorie out, while plant-based is one calorie in and one out.”. Cultivated meat is just one of the approaches to meeting future demand for protein alongside plant-based and fermentation techniques.
It also built a pop-up vertiport in Singapore for a tech conference late last year. The power-to-weight ratio is a huge challenge for electric flight. Another German startup, Volocopter, unveiled its latest model at the Consumer Electronics Show in 2018.
The Singapore-based edtech platform announced today that it has raised $7.5 At the same time, it also aligns with the NEL (Nurturing Early Learners) curriculum developed by the Ministry of Education in Singapore. After moving to Singapore, she realized that the curriculum being taught across Southeast Asia was also missing the mark.
As for where, Volocopter has conducted flight tests in Singapore, Helsinki, Dubai, and its headquarters in Bruchsal, Germany — so most likely in one of those cities. Flying requires an incredible amount of energy, and present battery technology just doesn’t offer the power-to-weight ratio needed to achieve liftoff.
In total, Amber is used by 30,000 employees in Singapore, Malaysia, Indonesia and the Philippines. When you have an HR:employee ratio of 1:300, 40% of their time is spent manually tracking, collecting and analyzing feedback and it becomes humanly impossible to give employees the voice they need,” Jain said.
It is now licensed and registered in Singapore, Indonesia (where it is known as Modalku), Malaysia and Thailand. By covering a wide range of businesses, Teo says Funding Societies has better customer acquisition costs and loan-to-value ratios. The platform disburses online loans ranging in size from $500 to $1.5
JustKitchen currently operates its “hub and spoke” model in Taiwan, with plans to expand four other Asian markets, including Hong Kong and Singapore, and the United States this year. Spoke kitchens are smaller than hubs, closer to customers, and the goal is to have a high revenue to square footage ratio.
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.
Its team has grown to 35 people, with most based in Indonesia, but ACV also recently established Singapore and Malaysia offices. We typically invest in 30 to 35 companies per fund and reserve a deep follow-up ratio, 20-1, to invest in companies that are executing and creating value.”. ACV recently hired Helen Wong as managing partner.
The company also sports net retention figures of around 125%, and a strong ratio of account size versus customer acquisition costs. Notably LeadIQ has two main hubs, one in the United States and one in Singapore. LeadIQ hits that mark, having grown its annual recurring revenue (ARR) by around 3x in the last year.
While Opontia does not disclose the ratio of equity and debt, it confirmed that the majority was debt which will be used to make acquisitions. Before that, he spent years doing venture capital, investing and banking across Southern Africa, London, New York and Singapore.
Una did not disclose the ratio of equity and debt in the round. Una currently has teams in Singapore, Malaysia and Australia and plans to expand in Southeast Asia before entering Taiwan, Japan and South Korea. E-commerce roll-ups are the next wave of disruption in consumer packaged goods.
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. That is low copared to Malaysia and Singapore, which are at 30% or higher. “Used responsibly, credit is a vital part in fueling the growth of economies.
Credit: Zeekr Debut in Bangkok: Xpeng named on Monday three major dealer groups to sell and service its EVs for Southeast Asia: Neo Mobility Asia for Thailand, Premium Automobiles for Singapore, and Bermaz Auto for Malaysia.
Kredivo is operated by Singapore-based fintech FinAccel. He added that Kredivo’s effective risk-scoring model allows to charge low interest rates, and its non-performing loan ratio is in the low single-digits, despite the economic impact of COVID-19, which Garg described as a “trial by fire.”. The first round was closed in July 2020.
The company intends to roll its robotaxi service outside of mainland China, to Singapore and the Middle East, and already has acquired a license to test its autonomous vehicles in Hong Kong. Who Gives a Crap , Australias well-known sustainable toilet paper brand, expanded to the U.S. To date, they have donated around $12.5
ByteDance could fetch a valuation of between $150 billion and $180 billion in an initial public offering, a premium relative to sales of as much as 20% to social media giant Tencent thanks to a larger global footprint and burgeoning games business, estimated Ke Yan , Singapore-based analyst with DZT Research.
Singapore is rolling out facial verification as part of a new national ID system — the first country in the world to do so. “The problem with ‘civil’ is it’s a word that’s used by powerful people to silence less powerful people,” he said. I still think the Telepath founders have a lot of good ideas. Jennifer Elias / CNBC).
ByteDance could fetch a valuation of between $150 billion and $180 billion in an initial public offering, a premium relative to sales of as much as 20% to social media giant Tencent thanks to a larger global footprint and burgeoning games business, estimated Ke Yan , Singapore-based analyst with DZT Research. And it will be all over Twitter.
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