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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 1 place · 11/17/2021 08:56 EDT

Thai e-logistics startup GIZTIX raises $10m in latest funding round

Thailand-based digital platform for e-logistics GIZTIX announced that it raised $10 million in its Series B funding round. Leading the round is WHA Group, a fully-integrated logistics, and industrial facilities solutions corporation in Thailand, and Bualuang Ventures, a subsidiary of Bangkok Bank. Other investors include Thai conglomerate Siam Cement Group (SCG)’s corporate venture capital arm ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 2 place · 11/17/2021 08:50 EDT

Indonesia’s OVO launches first fixed income product

OVO, one of the leading digital payment and financial service platforms in Indonesia, launched its first fixed income product on its application. The launch is in collaboration with Bareksa and Bahana TCW Investment Management, which is the second-largest asset management company in Indonesia. Bahana MES Syariah Fund Kelas O is the latest addition to a ... Read more ›

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AsiaTechDaily
AsiaTechDaily Writer @ AsiaTechDaily 3 place · 11/16/2021 14:56 EDT

Edtech firm MindX raises US $3 million funding to prepare Vietnamese college students for tech careers

Vietnam-based edtech startup MindX has recently announced that it has raised $3 million in a funding round co-led by Wavemaker Partners and Thien Viet Securities. The startup has also received debt funding from an investment firm that focuses on companies founded by women, Beacon Fund. MindX will be using the funding to expand its online ... Read more ›

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AsiaTechDaily
AsiaTechDaily Writer @ AsiaTechDaily · 11/16/2021 14:53 EDT

Indonesia-based influencer platform Karyakarsa secures $500k funding from Accelerating Asia, others

Indonesia-based subscription platform for content creators KaryaKarsa has secured US$500,000 in a seed funding round led by Accelerating Asia, Sketchnote Partners, and other angel investors. The startup will use the funding to develop new features and expand in the regional markets. The platform has served over 35000 creators, from illustrators, 3D artists, models, journalists, and ... Read more ›

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AsiaTechDaily
AsiaTechDaily Writer @ AsiaTechDaily · 11/16/2021 13:32 EDT

Removal of non-executable file malware using assembly-level reverse engineering

Scrutinizing the number of malicious codes included in emails gathered from a company, which has 4,000 employees, using a signature-based security detection solution was able to detect only eight codes after removing duplicate files for a month, while SecuLetter’s dynamic detection technology was processing, the number of malicious codes found was 40. It poses a ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily · 11/16/2021 08:58 EDT

Indonesian digital content platform KaryaKarsa bags $500K in funding

Indonesian digital content platform KaryaKarsa announced raising $500,000 in its seed funding round, which will support its growth in the Southeast Asian market and advance its platform. The round was led by Accelerating Asia, Sketchnote Partners, and a number of other institutional and angel investors, as per the announcement. Ario Tamat, KaryaKarsa’s Chief Executive Officer, ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily · 11/16/2021 08:42 EDT

PH’s insurtech startup Maria Health scores fresh funding

Philippine-based health insurance marketplace Maria Health announced today that it has raised an undisclosed round of funding with the country’s largest insurer InLife. InLife led the round with participation from other big names such as Wavemaker, Tryb, and CELO Foundation. Noemi Azura, President and CEO of Insular Health Care, said both companies share the same ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily · 11/15/2021 22:01 EDT

Singapore voice AI startup AI Rudder bags $10m in Series A funding

AI Rudder, a voice AI startup based in Singapore, secured $10 million in a Series A funding round co-led by Sequoia Capital India and Sequoia China Seed Fund, according to its latest announcement. The funding round was also backed by existing investors Zhen Fund, IMO Ventures, Zizhu Xiaomiao Fund, and Huashan Capital. The funds raised ... Read more ›

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AsiaTechDaily
AsiaTechDaily Writer @ AsiaTechDaily · 11/15/2021 15:08 EDT

Vietnam-based B2B ecommerce startup Kilo raises $5million pre-series A funding

Vietnam-based B2B ecommerce platform Kilo that connects wholesalers with MSMEs has raised US$5 million in pre-Series A funding round led by January Capital and Altos Ventures to digitalize the local retail chain value through technology. The investment in Kilo also marks Alto Ventures maiden venture in Vietnam. “They will revolutionize the traditional retail industry in ... Read more ›

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AsiaTechDaily
AsiaTechDaily Writer @ AsiaTechDaily · 11/15/2021 15:06 EDT

Vietnamese Proptech Startup Homebase secures $30 million funding

Vietnam-based proptech startup Homebase has recently raised US$30 million in equity and debt funding in a round co-led by Y Combinator, Goodwater Capital, and Partech Partners. The funding round also saw participation from Emles Advisors and Fundamental and Ace and Company along with CEO of Y Combinator, Michael Seibel, and operators and executors from Opendoor, ... Read more ›

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AsiaTechDaily
AsiaTechDaily Writer @ AsiaTechDaily · 11/15/2021 15:03 EDT

SG’s healthy food chain SaladStop! bags US$8.7m in Series B funding round led by Teamasek

Singapore-based healthy food chain startup SaladStop! has recently raised US$8.7 million in a Series B funding round led by Temasek Holdings. The funding round was joined by other investors including K3 Ventures, Vulcan Capital, and East Ventures, and returning investor DSG Consumer Partners. According to the startup’s filings with Singapore’s ACRA (Accounting and Corporate Regulatory ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily · 11/15/2021 07:35 EDT

Ox Street officially joins Carousell in bid to widen market in SE Asia

Ox Street, one of the fastest-growing end-to-end marketplaces for authenticated sneakers and streetwear in Southeast Asia, has officially joined Singapore-based online classifieds marketplace operator Carousell Group. The move is part of the company’s efforts to take on the $10 billion sneaker resale market in Greater Southeast Asia. Gijs Verheijke, Founder and CEO of Ox Street, ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily · 11/15/2021 07:28 EDT

Sea Capital backs $700m funding in blockchain games platform Forte

Sea Capital, the venture capital unit of Sea Limited, has co-anchored the $725-million Series B funding in blockchain gaming platform Forte, according to an announcement. Sea Capital was joined by Kora Management as co-anchor in the funding round, which was also supported by powerhouse game and media publishers, including Animoca Brands, Big Bets (Huuuge Games), ... Read more ›

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AsiaTechDaily
AsiaTechDaily Writer @ AsiaTechDaily 1 place · 11/14/2021 01:39 EDT

Health and Wellness startup CureFit enters the unicorn category after Zomato acquires 6.4% stake in the company

India-based health and wellness startup CureFit enters the unicorn category at a valuation of $1.5 billion after food delivery and restaurant aggregator Zomato acquired 6.4% stake in the company. Zomato’s deal with CureFit is two-fold- it made a $50 million cash investment in CureFit Healthcare Ltd. and also sold Fitso, its sports facilities provider operated ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 1 place · 11/12/2021 05:56 EDT

PH startup Peddlr raises pre-seed funding to boost offers for MSMEs

Peddlr, a Philippine-based startup offering digital accounting/bookkeeping, inventory management, and digital storefront for Filipino micro and small enterprises has raised $500,000 in an oversubscribed Pre-Seed round. Leading the funding round for Peddlr was Foxmont Capital Partners, an independent venture capital firm with a strong focus on the Philippines; with participation from Paulo Campos (Zalora), Constantin ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 2 place · 11/12/2021 05:48 EDT

Indonesia’s GoTo secures $1.3n in first pre-IPO funding

Indonesia’s largest digital ecosystem GoTo Group announced that it has raised $1.3 billion in its pre-IPO fundraising. The fundraising was backed by a number of investors, including the wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA), Avanda Investment Management, Fidelity International, Google, Permodalan Nasional Berhad (PNB), Primavera Capital Group, SeaTown Master Fund, Temasek, Tencent, ... Read more ›

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AsiaTechDaily
AsiaTechDaily Writer @ AsiaTechDaily · 11/11/2021 13:15 EDT

SG’s food surplus marketplace TreeDots raises $11 million in funding

Singapore-based TreeDots that claims to be the first food surplus marketplace in Asia has recently raised $11 million in a Series A funding round led by East Ventures and Amasia. The funding round also saw participation from other investors including Seeds Capital, Active Fund, and individual investors-actress Fiona Xe and author Nir Eyal. TreeDots will ... Read more ›

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AsiaTechDaily
AsiaTechDaily Writer @ AsiaTechDaily 1 place · 11/11/2021 13:09 EDT

Singapore’s Analytics firm Milieu Insight secures $5million in latest funding

Singapore-based consumer data and analytics firm Milieu Insight has secured $5million in its latest funding round led by Mass Media Ventures Southeast Asia. The funding round was joined by other investors including OSK Ventures International Berhad and Genesis Alternative Ventures, among others. Milieu Insight will be using the funds to boost product innovation and fast-track ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 3 place · 11/11/2021 05:16 EDT

TreeDots, SG’s food surplus marketplace, scores $11m Series A money

Asia’s first vertically integrated food supply chain ecosystem TreeDots announced today that it has successfully raised $11 million in Series A fund. The round was led by thesis-driven venture capital firm Amasia and leading Indonesian sector-agnostic venture capital firm East Ventures. Active Fund, Seeds Capital, author Nir Eyal, and actress Fiona Xie were the other ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily · 11/11/2021 05:08 EDT

SG trading platform Sparrow raises $4.4m in Series A funding

Singapore digital assets trading platform Sparrow secured $4.4 million in its series A funding. The leading investor is Gain Loyal Pte Ltd., a company focusing on real estate investments in Asia. Gain is an existing investor in the startup. Kenneth Yeo, CEO of Sparrow, said they are pleased to have Gain Loyal Pte Ltd as ... Read more ›

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