vivian
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Indonesian State Lender BNI plans US$50 million vehicle to invest in LinkAja
LinkAja is an integrated e-wallet service created through a merger of e-wallets from telco firm Telkomsel and lenders Bank Mandiri, BRI, and BNI.
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Fixanar enters partnership with Cathay Financial, Indovina to finance Vietnam’s SME
Fixanar Vietnam, Indovina Bank, and Cathay Financial Holdings on July 18 announced a partnership to improve access to financing for SMEs in Vietnam.
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Arbor Ventures to co-lead US$15 million Series A in US Data Residency Compliance Firm InCountry
This funding round highlights the importance of global data protection in businesses and an overwhelming market demand triggered by the growing challenges of companies in expansion.
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Singapore’s AI Intelligence Platform secures US$100 million to offer new data suites
Near plans to use the funding capital to launch a new suite of data products and expand into strategic markets including Australia and the US.
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MHomecare is the Winner of Indonesia-Korea Startup Demo Day 2019
MHomecare is a platform that provides on-demand homecare services in Indonesia.
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Ezyhaul secures US$16 million Series B to fund Indonesia, Philippines Expansion
Freight and logistics tech startup Ezyhaul currently offers a range of online logistics services and solutions in Malaysia, Singapore, India, and Thailand
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Singapore fintech startup Asenso secures US$1.2 million funding from Talino Venture, CARD MRI
Asenso tech is the joint venture of Talino Venture Labs and Philippines’ Center for Agriculture and Rural Development (CARD MRI).
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Go-Jek raises additional funding from Mitsubishi in ongoing Series F round
Mitsubishi Corporation is an existing investor of Go-Jek, who has also participated in the first close of its Series F round.
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Singapore’s GCBI Ventures leads US$10 million pre-Series A funding for Cailu
Cailu will use the funding capital for further research and development, as well as forge partnership programs to create a blockchain ecosystem.
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Indonesian logistics startup Ritase secures US$8.5 million Series A led by Golden Gate
Ritase plans to use its Series A funding to propel its growth and expand into new markets including Thailand, Malaysia, and the Philippines.
