News
Indonesian textile tech platform Wifkain raises a seed round led by Insignia Ventures Partners
Indonesian textile tech platform Wifkain said Wednesday it has raised a seed round led by Insignia Ventures Partners as it builds Indonesia’s first tech-enabled textile trading platform. Prominent angels including Atome’s Wawan Salum participated in this round. The funding will go towards expanding the suite of services provided to small and medium sized…
Indonesian content platform IDN Media launches $3.5M fund for livestreamers
Indonesia-based content platform IDN Media announced Tuesday that it has launched a 50 billion Rupiah ($3.5 million) IDN Live Streamer fund to build the streamers ecosystem in IDN Live. The fund is an initiative by IDN Live to give appreciation to the streamers and to empower them in their journey as live streamers.
Taiwan EV battery swap firm Gogoro debuts on Nasdaq
Gogoro Inc., a Taiwan-based technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, on Tuesday became a publicly listed company trading on the Nasdaq Global Select Market with its ordinary shares and warrants listed under the new ticker symbols "GGR" and "GGROW", respectively. The company completed the…
Singapore’s Gotrade raises $15.5M in Series A round led by Velocity Capital Fintech Ventures
Gotrade, a Singapore-based investing platform, said Tuesday it has raised $15.5 million in a Series A round led by Velocity Capital Fintech Ventures (Velocity). The round also saw participation from investors around the globe including Mitsubishi UFJ Financial Group (MUFG) from Japan, BeeNext from Singapore, Kibo Ventures from Spain, Picus Capital from…
Singapore’s Fairmart raises $1.5M seed round co-led by Quest Ventures and Entrepreneur First
Singapore-based e-Commerce marketplace Fairmart announced Wednesdya the closing of an oversubscribed S$2 million ($1.5 million) seed round co-led by Quest Ventures and Entrepreneur First, with participation from SOSV, Vectr Ventures and Hustle Fund.
Philippine e-commerce aggregator Armada Brands raises $1.3M Pre-Seed co-led by M Venture Partners and Foxmont Capital Partners
Armada Brands (Armada), a Philippine-based e-commerce aggregator, said Tuesday it has raised $1.3 million in pre-seed funding to invest in e-commerce entrepreneurs looking to scale their brands. The pre-seed funding round of $1.3 million was co-led by the venture capital firms M Venture Partners and Foxmont Capital Partners.
Indonesia’s CrediBook raises $8.1M Series A funding led by Monk’s Hill Ventures
CrediBook, an Indonesia-based bookkeeping app, announced Tuesday its $8.1 million Series A funding round led by Monk’s Hill Ventures with participation from existing investors such as Insignia Ventures Partners and Wavemaker Partners. This round of funding will be used to accelerate CrediBook’s nationwide expansion, product development, talent acquisition,…
Indonesia’s Alpha JWC Ventures deploys over $100M investments from its third fund
Indonesia-based venture capital firm Alpha JWC Ventures announced Tuesday a strong first quarter showing as the company witnessed record portfolio growth with 30 new signed deals from its Fund III - with over $100 million deployed.
Singapore’s Pace launches new digital card to simplify BNPL payments for consumers and merchants
Pace Enterprise (Pace), a Singapore-based fintech solutions company with a "Buy Now Pay Later" (BNPL) platform, announced Tuesday the launch of the first-ever virtual Pace Card, a unique payment solution designed to make BNPL payments even simpler and more secure in Asia. The Pace Card is now available in Singapore and will be rolled out to other new…
Indonesia’s GoTo sells majority stake in Philippines e-wallet Coins.ph – report
Gojek had acquired the stake in 2019 when it plans to expand into the Philippines.
