On location
Indonesia InsurTech platform PasarPolis raises $5 million in equity financing from The World Bank Group’s IFC
PasarPolis aims to increase insurance penetration and literacy across the region, with plans to scale its Vietnam and Thailand markets this year.
Bot MD secures $5M Series A amid pandemic-driven demand for MedTech
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.
Social finance platform Global Sadaqah’s flash-funding provides insights into Shariah-compliant crowdfunding
Global Sadaqah aims to provide high-tech solutions for corporate financial institutions, charitable organizations and other government entities involved and to be the nucleus of the Islamic social finance ecosystem.
Philippines startup accelerator IdeaSpace opens 2021 program with focus on agriculture, workplace, and sustainability technologies
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.
Indonesia digital ledger solution CrediBook secures $1.5M pre-Series A fund to grow SME base
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 and Future Health Asia launch accelerator program for MedTech startups
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.
[Updated] IMMedia secures Series A funding to scale its data-driven content marketing platform
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.
Personal loan platform Lendela gets $2M in pre-Series A financing to support business expansion
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.
Philippines-based Podcast Network Asia secures $750K Seed funding for regional expansion
The podcast agency intends to use its new investment to finance its expansion to other parts of Southeast Asia, particularly Malaysia, Indonesia, and Thailand. Part of the new investment will be used to improve the agency’s production and to enhance its performance analytics.
