eCommerce

B2B is the next frontier in e-commerce, says GudangAda’s JJ Ang [Q&A]

JJ Ang relates how the company has focused on the marketplace approach, priding itself in how trust has been at the core of relationships with its business users. He cites how this platform approach provides a way for businesses to achieve "higher sales volume, faster turnover, reduced operational cost, and lower prices."

ORIGIN Innovation Awards 2021: Startup Winners – AI, E-commerce, FinTech & RegTech

We are thrilled to announce the Startup Winners - AI, E-commerce, FinTech & RegTech for the second edition of the ORIGIN Innovation Awards.

Striking while the iron is hot: The Philippine venture scene is heating up and getting hotter

TechNode Global’s series on the Philippines will delve into why Filipino entrepreneurs and founders are attracting venture capital (VC) money in droves. In this second part, we explore the rise in Series B (and now, C) fundraising rounds out of the Philippines in 2021, and what it signals for the startup ecosystem as a whole. Seven founders share how much…

Indonesia e-commerce solution platform Desty raises $5M in an extended pre-series A round from East Ventures

Desty, an Indonesia-based E-Commerce solution platform startup, announced Friday that it has secured $5 million of extended pre-series A round led by East Ventures (growth fund) with participation from Jungle Ventures and returning investors Fosun RZ and January Capital.

ORIGIN Innovation Awards 2021: Announcing the Startup Finalists – AI, E-commerce, FinTech & RegTech

We are thrilled to announce the finalists of the Startup Finalists - AI, E-commerce, FinTech & RegTech for the second edition of the ORIGIN Innovation Awards.

India fintech startup Velocity raises $20M Series A funding led by Peter Thiel’s Valar Ventures

Velocity has raised $20 million in Series A funding led by Peter Thiel’s Valar Ventures. Other investors who participated in the round include Presight Capital, Utsav Somani’s iSeed, Maninder Gulati (Oyo), Zac Prince (BlockFi) and Philippe De Mota (Hedosophia). Armed with capital, the start-up has set its sights high and aims to deploy over Rs.1,000 Crores…

Vietnam’s Society Pass eyes M&A opportunities in Indonesia, Philippines after share price jumps more than 400% on NASDAQ

The firm is keen to pursue acquisitions in categories that augment its loyalty point ecosystem, as well as e-Commerce and online travel.

Philippines BNPL startup Plentina raises additional $2.2M in TMV-led funding round

Proceeds of the funding will be used by Plentina to accelerate the company’s growth in the Philippines, to offer new product expansions, and to begin exploring other markets in Southeast Asia, such as Vietnam. This seed round will also help propel its growth as it targets Series A funding next year with senior talent joining the firm between now and then,…

Indonesia e-commerce marketplace Ula secures an additional $23.1M in Series B from Tiger Global

Ula has secured an additional $23.1 million funding from Tiger Global. With a total Series B funding of $110 Million, Ula will continue to invest in geographic, product, and team expansion, with a special focus on supporting underserved retailer communities through technology in Tier 2 to 4 cities.

Indonesia influencer platform KaryaKarsa raises $500K Seed round led by Accelerating Asia, Sketchnote Partners

KaryaKarsa has collaborated with more than 40K creators and served 300K users, enabling creators to promote their digital content or service offerings, such as books, comics, audio, video, and other digital goods, directly to their audience without going through middlemen. The seed round will support the company’s growth in the Southeast Asia market and…