eCommerce
Indonesia’s HappyFresh raises $65M in Series D funding led by Naver Financial Corp & Gafina B.V.
The team plans to improve service offerings such as more payment methods, better user experience and assortment, bringing its service to more families in each country across the region.
Tale of the (used car) tape: Putting Carsome and Carro head-to-head
Carsome vs Carro: Who wins Southeast Asia’s used car fight?
Singapore’s Partipost bags $5M extended funding on Series A led by Quest Ventures
The funds raised will further develop Partipost’s tech platform and accelerate business expansion into Vietnam, as well as strengthen current operations in Singapore, Indonesia, Taiwan, Malaysia, and the Philippines.
Indonesia’s Desty raises $3.2M pre-Series A funding led by Xiaomi investor 5Y Capital
Desty will utilize the new funding primarily for team expansion and user acquisition. This move also marks 5Y Capital's first investment in Indonesia.
Malaysia online baby store Babydash raises $300K bridge round via equity crowdfunding
Babydash is now doubling down on key targeted activities to aggressively expand its customer and product base. The company aims to drive up revenue per transaction while expanding its footprint in ASEAN targeting to double the size of the company in the next 12 to 18 months.
Digital transformation has accelerated the warung ecosystem in Indonesia, says Warung Pintar’s Agung Bezharie Hadinegoro [Q&A]
Agung discusses how the pandemic accelerated digital transformation in Indonesia, and how MSMEs–or warungs in particular–are able to benefit with the aim to “accelerate Indonesia’s growth in the midst of a post-pandemic economic boom by empowering micro-retail businesses.”
For these three Vietnamese startups, COVID-19 is an opportunity amid the crisis
In face of adversity, that’s when the DNA of entrepreneurs comes into play. And the resurgence of COVID-19 is another opportunity for entrepreneurs to display their grit, tenacity, and flexibility to adapt to an evolving situation. For some high-potential Vietnamese startups, this is not the time to stand still and just plan for survival.
Mom-focused e-commerce platform Edamama raises $5M pre-Series A for automation, logistics & product development
The company was established amid the pandemic by its founder Bela Gupta D’Souza, who saw the pain points of mothers as consumers when purchasing online. She said that it is common for mothers to spend many hours in search of the best products for their children only to end up with inferior quality products from untrusted sources.
Carsome partners Catcha to create SEA’s largest digital automotive marketplace via $200M acquisition of iCar Asia
Catcha Group will become a shareholder of the Carsome Group in exchange for the sale of its shares in iCar Asia to Carsome.
Singapore end-to-end e-commerce logistics firm Janio raises $8M from Choco Up to accelerate regional expansion
Choco Up's investment is part of a wider closed round bridge investment, which also includes funding from Singapore-based Innoven Capital and Janio’s existing shareholders.
