eCommerce

The Institute of Operations Research & Analytics (IORA) at the National University of Singapore and Pickupp, an on-demand delivery platform, have recently signed a Research Collaboration Agreement for a two-year project. The project aims to set a new benchmark in logistic and fulfilment efficiency.

We talked to Ula’s Co-Founder and Chief Technology Officer Alan Wong to learn more about the key barriers of adoption for digital tech in Indonesia outside of big metro areas, its plans and strategy after securing funding, among other issues.

AnyMind Group, an end-to-end commerce enablement company has announced on Tuesday that it has raised ¥4 billion (approximately $29.4 million) in its Series D funding round, with total funding to date approximating $91.7 million.

KitaBeli, the largest fast-moving consumer goods (FMCG) social commerce platform for consumers in Indonesia’s second-and third-tier cities, announced Monday that it has closed a $20 million funding round led by Glade Brook Capital Partners (Glade Brook), a global growth equity investment firm. Its existing investors, AC Ventures and GoVentures joined the…

ShopBack, Asia-Pacific’s leading shopping and rewards platform, has launched ShopBack PayLater, a Buy Now, Pay Later (BNPL) payment option. As the entry point to rewarding shopping for over 30 million shoppers across the Asia-Pacific, the Group aspires to now be the preferred checkout option for shoppers with PayLater.

Vegrow, India’s leading business to business (B2B) marketplace for fruits announced Monday it has secured funding of a $25 million Series B round led by Prosus Ventures. Marquee investors Matrix Partners India, Elevation Capital, Lightspeed and Ankur Capital participated in the round while prominent angel and agri veteran Sanjiv Rangrass continues to back…

Carousell, a classifieds group based in Singapore, has on Thursday officially announced its partnership with Zeek, the on-demand logistics technology platform, to launch a brand-new delivery option that provides a comprehensive and integrated shopping journey for Carousell users in Hong Kong.

Lendor, a Singapore-based circular tech startup has welcomed the appointment of Jo Olivia Lee as Chief Operating Officer who will be responsible for the continuous development of the app, platform services and infrastructure. She will be overseeing administrative and operations for both the Singapore office and the recent launch of Lendor Thailand.

The company had previously completed a $109 million Series B Peter Thiel’s Valar Ventures leads $75 million Series B in Bangladesh’s ShopUp">six months ago.