News

BukuWarung plans to use its fresh capital to expand its tech and product teams in Indonesia, Singapore, and India. It will concentrate on becoming more self-sustaining by working on its payments solution and releasing new monetization products.

PasarPolis aims to increase insurance penetration and literacy across the region, with plans to scale its Vietnam and Thailand markets this year.

Fresh capital will be used to expand in other Asia-Pacific countries such as Indonesia, Malaysia, India, and the Philippines and improve the platform to include new features based on accelerated demand driven by the pandemic. 

Grab plans to use the loan to strengthen its position as the leading super app in Southeast Asia, through stronger liquidity and diversified financing.

IdeaSpace will be accepting new applicants for its 2021 program. It is currently considering local startups in HealthTech, MedTech, AgriTech, FoodTech, EdTech FinTech, e-commerce and logistics, media and entertainment, and business-to-business operations. 

CrediBook is a digital ledger that allows business owners to manage and track their expenses, accounts receivables, and receipts through a mobile platform. It mainly offers solutions for SMEs to better track their financials

Brinc’s partnership with Future Health Asia will bolster the value that is provided to selected MedTech startups through the integration of both their networks, expertise and jointly created educational content.

The platform creates new audience engagement metrics with actionable recommendations and predictions to increase the effectiveness of content across multiple complex markets, enabling IMMediate to deliver maximum audience engagement, conversions, leads and long-term ROI.

With this capital infusion, Lendela intends to fund expansion activities. Operating in Singapore and Hong Kong, the FinTech’s growth plan focuses on gaining more customers and broadening its reach in its existing markets.