Australian online design platform unicorn Canva announced that it has acquired Flourish, a UK-based data visualisation platform, for an undisclosed amount. The acquisition comes as Canva marks the milestone of more than 75 million monthly active users, an increase of more than 30 million in the last 12 months as teams of every size seek ... Read more ›
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Indonesian online open finance platform Ayoconnect announced raising $15 million in its Series B funding round anchored by global investor Tiger Global. Plaid co-founder William Hockey and Bank Jago President Commissioner Jerry Ng, PayU, Prosus’ payments and fintech firm, and Alto Partners also participated in the funding round. Ayoconnect said it will use the fresh ... Read more ›
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India-based EdTech startup Scaler Academy has recently raised US$55 million in funding in its Series B round led by new investor Lightrock India along with participation from existing investors Tiger Global and Sequoia Capital India. The funding round takes the startup’s valuation at US$710 million. Abhimanyu Saxena, Co-Founder, Scaler & InterviewBit, said. “We were humbled ... Read more ›
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Indonesia-based quick delivery commerce startup Astro has raised US$27 million in a Series A funding round led by Sequoia Capital India and Accel. The round was also joined by existing investors including Global Founders, AC Ventures, Goodwater Capital, Lightspeed. Angel investors including founders and senior executives of Ajaib, Traveloka, OYO, Swiggy, Udaan, and Meesho also ... Read more ›
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Grab Holdings, Southeast Asia’s largest superapp, has finalized the acquisition of a majority stake in Malaysia’s top mass-premium supermarket chain Jaya Grocer Holdings. The two companies intend to collaborate to provide more Malaysians with the convenience of on-demand grocery delivery. Grab and Jaya Grocer have also recently announced the expansion of GrabPay and GrabRewards to ... Read more ›
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BreederDAO, a Philippine-based specialist manufacturer of digital assets used in blockchain-based games and virtual worlds, announced that it has raised a Series A of $10 million. The round was co-led by Andreessen Horowitz (a16z) and the ventures arm of digital asset research and design firm, Delphi Digital, with participation from Hashed, com2us, Morningstar Ventures, Mechanism ... Read more ›
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Singapore-based IT startup Kaddra has announced raising $2.5 million in its seed funding round. The IT startup’s total seed capital now stands at $5.5 million, allowing the company to accelerate its growth, scale its self-service offering, and bring new ideas to market, per the announcement. Kaddra’s objective is to assist SMEs in realizing their full ... Read more ›
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Private equity major KKR is investing $45 million in GrowSari, a B2B e-commerce platform serving MSMEs in the Philippines, to become the lead investor in the startup’s Series C round of funding. KKR’s investment will help the Philippine startup expand into new locations across the Philippines while also bolstering the skills of its financial service. ... Read more ›
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Intellect, one of Asia’s largest and fastest-growing startup that focuses on mental health, announced raising $10 million in its Series A funding round led by New York-based investor HOF Capital. The fresh funding brings the Singapore-based startup’s total funding to date to $13 million. It also marked the largest Series A ever raised by a ... Read more ›
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Inflection Point Ventures, 9Unicorns, Singapore-based Wavemaker Partners, and prominent angels like Kunal Shah, Sanjeev Mishra, and Razorpay founders have invested in Hospals, a cross-border health benefits and travel platform that enables international patients to access healthcare across India, UAE, Turkey, and Thailand. The $3.5 million pre-Series A money raised will be utilized to grow regionally ... Read more ›
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Vietnamese smart mobility startup Selex Motors JSC announced raising $2.1 million in its seed funding round led by Touchstone Partners. ADB Ventures, the Asian Development Bank’s venture capital arm, and Nextrans, a Korean venture capital firm, also participated in the latest round of funding. Selex plans to use the fresh capital to grow its research ... Read more ›
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SaaS Labs, which builds business automation tools has raised US$42 million in a Series B funding round led by Sequoia Capital India. The funding round was also joined by the existing investors- Eight Road Ventures and Base 10 Partners along with participation from Silicon Valley angel investors. The latest funding comes just four months after ... Read more ›
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India’s online wealth management platform Scripbox has raised US$21 million in debt and equity, in a financing round led by Accel Partners. The funding round was also joined by DMI Alternative Investment Fund through The Sparkle Fund, Transpose Platform, Innoven Capital, KPB Family Trust, Trifecta Capital, Kube VC, LetsVenture, and YY Capital LLC along with ... Read more ›
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Indonesia-based startup BukuKas which helps SMEs go digital has raised US$80 million in funding in a Series C round led by Sequoia Capital India and Tiger Global. The investment round was also joined by Alphabet’s investment arm CapitalG, and angel investors NuvemShop CEO Santoago Sosa and former Lazada CEO Max Bittner. BukuKas which has now ... Read more ›
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India-based AgriTech startup Arya has raised US$60 million in equity and debt funding in its Series C financing round. The equity component amounts to US$46 million was led by Asia Impact SA, a Luxembourg-based investor and existing investors-Quona Capital and Lightrock India. The remaining US$14 million came in as a part of debt funding from ... Read more ›
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StaffAny, a start-up that provides a workforce management solution, today announced that it has raised $3.4 million in its Series A funding round led by GGV Capital. East Ventures, FreakOut Shinsei Fund, Far East Ventures, Farquhar Venture Capital, and prolific business angels like as Allen Shim, the former CFO of Slack, also participated in the ... Read more ›
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Riliv, an Indonesian mental health service startup, has raised an undisclosed amount in its seed funding round led by Southeast Asia-based venture capital firm East Ventures. In a statement, the startup said it will use the fresh capital to expand its mental health services to a wider range of sectors, such as the general public ... Read more ›
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Hamish Moline has been named Managing Director, Financial Services at ShopBack, Asia’s premier shopping and rewards platform. Hamish will be in charge of driving the development and launch of commerce-related financial services under the ShopBack brand, based at the ShopBack Group headquarters in Singapore. Hamish joins the Group’s leadership team with over 25 years of ... Read more ›
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Fraction, a Hong Kong and Bangkok based fintech startup, announced that it has secured US$3 million in a pre-series A round led by East Ventures, with participation from Emtek Group (Grab, Bukalapak), Thakral Limited, V Ventures, and a group of regional investors. The raise follows its award of Thailand’s ICO Portal License (subject to activation ... Read more ›
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GetPaid, a fast-growing pioneer in workplace financial wellness solutions, has closed a $1.15 million funding round led by Grover Pay, according to a company announcement. As a result of this funding, the company said it will be able to scale and expand its Earned Wage Access (EWA) offering across Southeast Asia. EWA is a financial ... Read more ›
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Business Insider
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34% 7 |
Tech Wire Asia
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19% 6 |
CNET
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7% 1 |
Tom's Hardware
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5% 1 |
Android Authority
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5% 1 |
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28.11.2024 21:44
Last update: 21:30 EDT.
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