Triple-A gets funding from Peak XV to help more businesses use crypto
Created by the founder of Thunes, global digital currency payments institution Triple-A wants to close the gap between traditional finance and blockchain-based payments with its white-label solutions...
View ArticleSingapore-based fintech YouTrip picks up $50M led by Lightspeed
YouTrip, a Singapore-based fintech that offers multicurrency wallet for consumers and business accounts with corporate cards for SMEs, has its eyes on growth throughout Southeast Asia after landing a...
View ArticleKorea Investment Partners is the latest Korean VC firm to launch a Southeast...
More South Korean investors are putting money into Southeast Korea startups, creating an “investment corridor” between the two regions. The latest one is KIPSEA. Short for Korea Investment Partners...
View ArticleSoutheast Asia funding at its lowest level in six years
Every year, Temasek teams up with Bain & Company on the e-Conomy SEA report. It covers Southeast Asia’s digital economy and is published by Google. This year’s report, published today, underscores...
View ArticleInflow connects small fashion brands with manufacturers in Vietnam
Textiles and garments contribute 16% of Vietnam’s total GPD, but it’s challenging for small garment brands to take advantage of the country’s manufacturing prowess. Inflow is stepping into the gap,...
View ArticleWind.app makes DeFi accessible to the average consumer
Hussain Elius is best known as the co-founder of Pathao, one of Bangladesh’s top ridesharing apps. For his latest startup, however, Elius is exploring the world of DeFi with Wind.app, a self-custodial,...
View ArticleBacked by East Ventures, Fr8Labs aims to digitize Asia’s logistics industry
In Western markets, freight forwarders are well into digitizing their operations, but the same doesn’t hold true in Southeast Asia, say the founders of Fr8Labs. The reasons for that include the lack of...
View ArticleGravel gets funding from NEA to support Indonesia’s booming construction...
Indonesia’s construction industry is growing quickly, driven by residential and industrial building, alongside infrastructure development plans by the government. Sourcing skilled labor is still a...
View ArticleIP analysis platform Patsnap launches CoPilot, its new AI assistant
Founded in 2007 to help IP and R&D professionals do their jobs more efficiently, Singapore-based Patsnap‘s first product was a global patent search database. Now it’s building out its suite of AI...
View ArticleAC Ventures closes its new $210M Indonesia-focused fund
In the middle of a long funding winter, AC Ventures’ latest news will give Southeast Asian startups hope. The Jakarta, Indonesia–based venture firm announced today it has raised $210 million, finishing...
View ArticlePeak XV takes startups on a Silicon Valley trip in AI push
Peak XV, the venture capital firm that split from Sequoia Capital last year, is taking its portfolio companies from India, Southeast Asia and Australia on an “immersion” trip to Silicon Valley this...
View ArticleAntler’s founder on its vertical AI bet in Southeast Asia
A growing roster of vertical AI startups is emerging in Southeast Asia to serve sectors ranging from seafood to finance. Singapore-based venture capital firm Antler recently made a bet on 37 of them,...
View ArticlePeak XV to launch perpetual fund backed by own partners, other leaders
Peak XV is creating an “evergreen” fund bankrolled by its investment partners and extended team, according to an internal memo and a source familiar with the matter. The venture firm seeks to become a...
View ArticleHD raises $5.6M to build a Sierra AI for healthcare in Southeast Asia
Chatbots have come a long way. For years, they were limited to responding with predetermined replies that followed a simple logic structure. But customers can have complex problems, and no tree-diagram...
View ArticleGrab acquires Singapore’s restaurant reservation platform Chope
Singapore’s ride-hailing and food delivery company Grab is expanding its services beyond ride and food delivery by doubling down on the competitive restaurant booking industry in Southeast Asia. Grab...
View ArticleAntler doubles down on Southeast Asia with $72M second startup fund
Antler, the Singapore VC that focuses on early-stage investments, just closed its second Southeast Asia fund. It’s raised $72 million to double down on startups in Singapore, Indonesia, Vietnam and...
View ArticleFintech Jupiter in talks to buy a stake in SBM Bank India
In the latest instance of an Indian fintech startup pursuing strategic partnerships with traditional banking institutions, neobank Jupiter is in talks to acquire a stake in SBM Bank India, three...
View ArticleIndia’s Swiggy defies weak market in largest 2024 tech IPO globally
Shares of Swiggy surged 7% to ₹440 on Wednesday as the food-delivery and quick-commerce startup concluded India's second-largest IPO this year. © 2024 TechCrunch. All rights reserved. For personal use...
View ArticleCarDekho SEA raises first-ever outside funding, co-founder says he’s...
CarDekho SEA, a Singapore-based auto financing service platform, has raised $60 million in equity, valuing the company at over $300 million, from Navis Capital Partners and Dragon Fund. This is its...
View Article‘We want to pay it forward’: Funding Societies raises $25M to boost capital...
Small and medium-sized enterprises (SMEs) account for nearly 50% of Southeast Asia’s GDP, contributing to job creation, innovation, and overall economic expansion. Nevertheless, as in other parts of...
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