ShopBack, a cashback startup in Asia Pacific, raises $45M from Rakuten and...
ShopBack, a Singapore-based startup that offers cashback and consumer rewards in Asia Pacific, has closed a $45 million round led by new investors Rakuten Capital and EV Growth. Founded in 2014, the...
View ArticleVertex Ventures hits $230M first close on new fund for Southeast Asia and India
Tis the season to be raising in India and Southeast Asia. Hot on the heels of new funds from Strive and Jungle Ventures, so Singapore’s Vertex Ventures, a VC backed by sovereign wealth fund Temasek,...
View ArticleIndonesia’s vegetable hawkers are going digital thanks to a new startup
Few things are more interesting than the convergence of old and new. It’s with that in mind that we once again look to Indonesia, where East Ventures, an early-stage VC that’s behind a project to...
View ArticleEV Growth closes $200M fund to cover Southeast Asia’s Series B funding gap
East Ventures has long been known as one of Indonesia’s longest-serving and most active seed-stage investors, but now it has officially moved up the food chain after it announced a final close of its...
View ArticleWaresix hauls in $14.5M to advance its push to digitize logistics in Indonesia
Waresix, one of a handful of startups aiming to modernize logistics in Indonesia — the world’s fourth most populous country — has pulled in $14.5 million to grow its 18-month-old business. This new...
View ArticleIndonesia’s Julo raises $10M to expand its P2P lending platform
Julo, a peer-to-peer lending platform in Indonesia, said on Wednesday it has extended its $5 million Series A raise to $15 million as it looks to scale its business in the key Southeast Asian market....
View ArticleRelocating Indonesian capital will impact nation’s startup ecosystem
Hugh Harsono Contributor Hugh Harsono is a former financial analyst currently serving as a U.S. Army officer. More posts by this contributor Why the world’s first smart highway will most likely be in...
View ArticleAccel closes new $550M fund for India
Accel, one of the world’s most influential venture capitalist firms, is getting more bullish on India. The Silicon Valley-headquartered firm, which largely focuses on early-stage investments, said...
View ArticleVCs from Accel and SoftBank talk Europe’s startup scene, what they expect in...
If you haven’t noticed, Europe’s startup scene is in full bloom, with more than $30 billion deployed in startups across the continent over the last 12 months and more than 20 countries now home to a...
View ArticleCompany-builder Antler passes $75M raised after investment from Schroders and...
Antler is a “company builder” that emerged a couple of years ago, running startup generator programs and investing from an early stage, bringing a heady mix of technologists, product builders and...
View ArticleSoutheast Asia’s East Ventures on female VCs, foreign investment, consolidation
Melisa Irene‘s path to becoming a partner at one of Southeast Asia’s most esteemed venture capital firms is an unconventional one. “I always consider myself to be quite lucky,” said Irene, who was...
View ArticleThe roadmap to startup consolidation in Southeast Asia is becoming clearer
While Southeast Asia’s startup ecosystems are still young compared to those in China or India, it has matured over the last five years. Unicorns like Grab, Gojek and Garena are continuing to grow, and...
View ArticleLanturn, a Singaporean tech-enabled corporate services provider, raises $3...
Running a small to medium-sized business means a small staff needs to juggle a plethora of tasks, like bookkeeping, tax records and regulatory filings. Singaporean startup Lanturn streamlines their...
View ArticleIndonesian supply chain startup Advotics raises $2.75M led by East Ventures
The rapid growth of e-commerce in Indonesia, especially during the pandemic, is placing increasing demands on its supply chain infrastructure. But the country’s logistics industry is highly fragmented,...
View ArticleSingapore-based TreeDots gets $11M Series A to cut food waste in Asia
Every year, tons of food ends up in landfills because of cosmetic issues (they won’t look nice in stores) or inefficiencies in the supply chain. Singapore-based TreeDots, which says it is the first...
View ArticleCoinbase acqui-hires team behind BRD crypto wallet
As crypto proponents look to onboard a new generation of users, one of the major consumer onramps has been a host of consumer wallet apps with slick interfaces. Today, Coinbase announced that it is...
View ArticleSmarter Health gets $5.15M SGD to reduce healthcare costs in Southeast Asia
Organizing information from providers, insurers and patients not only takes a lot of time, but increases private healthcare costs. Smarter Health, a Singaporean-based startup, develops technology that...
View ArticleMcEasy is digitizing Indonesia’s logistics, transportation and supply chain...
In Indonesia, many logistics providers still use old-fashioned systems to track their operations and fleets, including pen-and-paper ledgers. McEasy wants to change that. The startup, which develops...
View ArticleTipTip uses a hyperlocal strategy to help Southeast Asian creators monetize
There are a lot of talented people, like chefs and musicians, in Southeast Asia who can earn money through their work online, says TipTip founder Albert Lucius. But many of them don’t have the social...
View ArticlePraktis lands $20M to help Indonesian D2C brands handle their supply chains
Small to medium-sized enterprises contribute 60% of Indonesia’s gross domestic product. But companies in the D2C space still struggle to compete against bigger brands. Praktis wants to put them on a...
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