Vertical

The last-mile delivery startup plans to use its fresh capital to invest in working on its current services and infrastructure, and it is also entertaining the possibility of expanding in other markets within the Southeast Asian region.

The company will be launching 2,000 units that meet Korean safety standards to test how the product will be used in Seoul. It plans to scale its operations and deploy more units in the city later in the year.

With the latest developments the technology brings to the market, retail investors will have unrestricted access to real estate investments.

Singaporean growth equity firm Asia Partners has closed its inaugural fund, Asia Partners I LP, at $384 million. This is the largest debut technology fund that will focus on investments in growth-stage startups in Southeast Asia.

With its Fund III, AppWorks is now stocking up on marketing securities to make more investments in sectors such as artificial intelligence, Internet of Things, blockchain, and decentralized finance.

It will be a full-service digital bank that will have its pilot launch in the Philippines with a target to expand across the region.

with Lendable’s support, Amartha can take their business a step further and help empower Indonesia’s 22 million female micro-entrepreneurs to develop or start their businesses as the company tries to help the country recover economically post-pandemic. 

Hubilo plans to use its Series A investment to continue expanding globally in both its existing market and possible new markets. It also plans to continue investing in product development as it works towards a version 2.0 that will give its clients a better overall experience for their events.

In this TechNode Global Q&A with Gourab Mukherjee, Co-Founder and Chief Executive Officer of Aktivolabs, we learn how a focus on data can change the dynamics of the insurance industry through a device-agnostic approach.