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Kilo, a Vietnamese B2B e-commerce platform for MSMEs, bags $5M pre-Series A

TechCrunch

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.

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HomeBase raises $30M to help more people in Southeast Asia become property owners

TechCrunch

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). YC-backed Homebase is an alternative to traditional mortgages for home buyers in Vietnam. Right now in Vietnam, buying property is really painful.

Asia 99
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SME lender Funding Societies raises $144M led by SoftBank Vision Fund 2, plus $150M in debt lines

TechCrunch

Today, Funding Societies announced it has raised $144 million in an oversubscribed Series C+ equity round led by SoftBank Vision Fund 2, with participation from new investors like VNG Corporation, Rapyd Ventures, EDBI, Indies Capital, K3 Ventures and Ascend Vietnam. . The platform disburses online loans ranging in size from $500 to $1.5

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Despite layoffs, there’s still a talent crunch in Southeast Asia

TechCrunch

A lot of new hiring will happen remotely, with companies turning to Vietnam and Indonesia, which have both seen less layoffs, for top tech talent. For example, he said there is still disproportionate demand for technology and product talent on Glints, with the ratio in job seekers’ favor.

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Tazah gets pre-seed funding to make Pakistan’s agriculture sector more bountiful

TechCrunch

Other participants included Ratio Ventures, Walled City Co, i2i Ventures, Suya Ventures, Globivest, Afropreneur Syndicate, +92 Ventures, Sunu Capital, Musha Investments and angel investors like senior executives from ride-hailing platforms Careem and Swvl, where Bajwa worked before launching Tazah. Kamereo gets $4.6M

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Indonesia’s IDEAL takes the pain out of applying for mortgages

TechCrunch

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. 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.

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Southeast Asia’s Creative Galileo wants to make learning fun with popular cartoon characters

TechCrunch

The funding will be used to start scaling Creative Galileo across Southeast Asia, hiring for local teams in Indonesia and Vietnam, its next markets. The education system, with a ratio of 1 teacher to 30, or even 40 students, is creating a cookie cutter approach,” she added. Capital, East Ventures, Affirma Capital and angel investors.