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With the fresh capital, the company will continue to democratize access for Indonesian retail investors to grow their wealth via its digital savings and investing products.

Carsome plans to introduce auto-financing for graduates in Indonesia and Thailand, as it targets a loan size of at least MYR 100M ($24.17M) for its auto-financing business in 2022.

The funding will be deployed to create an all-encompassing community-like shopping experience for the hobbyists.

Thailand's National Innovation Agency, in association with Maejo University, has issued the first-ever Thailand AgTech Startup Ecosystem Development White Paper based on research and analysis of information from stakeholders of all related sectors in order to formulate a concrete framework for action and explore the room for improvement to adjust the…

The funding aims to further develop SIRCLO’s technological capabilities and accelerate the retail digitalization for various businesses all across Indonesia.

Decisions on what products to buy or services to avail of as parents are often influenced by research, social proofing, and seeking out detailed reviews. We, therefore, think that shopping increasingly needs to be a discovery-led experience instead of a search-driven process. 

The funding injection will enable Neuroglee to launch virtual neurology clinics for patients diagnosed with mild cognitive impairment related to difficult-to-treat conditions such as Alzheimer’s disease, while also advancing the company’s DTx pipeline.

The company plans to use the net proceeds from the offerings for business expansion and other general corporate purposes, including potential strategic investments and acquisitions.