Investments
With BukuWarung securing its $60M Series A, the Indonesia FinTech industry becomes more competitive
Since its founding in 2019, BukuWarung has been helping MSMEs digitize their businesses by offering numerous accounting solutions to move onto the digital platform. The startup has more than 6.5 million registered partner merchants across 750 Indonesian cities and towns on its platform.
With $11M Series B, Intrepid empowers brands in executing their omnichannel e-commerce strategies [ORIGIN Innovation Awards Q&A]
Leveraging its proprietary technology stack across e-commerce, digital marketing, and analytics, and with a leadership team of industry veterans, Intrepid empowers brands in their omnichannel e-commerce approach, enabling all key aspects of driving a successful go-to-market.
Social entertainment startup Kumu to scale operations and roll out new features with Series B fundraise led by SIG and Openspace Ventures
Kumu will use the new infusion to scale its current operations, which has seen significant growth over the past year. To date, an estimated 11.2 million registered users around the world watch live streams up to 60 million times per month, with over 100,000 active streamers commanding about one hour of average daily usage for its mostly Gen-Z & Millennial…
With Flash Express entering Unicorn status, will we see more Southeast Asia Unicorns emerge?
The logistics startup plans to use the fresh funding to expand into more communities, introduce payments services, and support online merchants through loans. Earlier this year, the company launched in Laos, and it also plans to enter Cambodia, Myanmar, and Vietnam.
Indonesia HealthTech startup Alodokter secures fresh capital from MDI Ventures and Samsung Ventures
The investment from MDI Ventures and Samsung Ventures will be directed to further improve Alodokter's ecosystem ... Key focus areas going forward include technology innovation, increasing the talent pool, and adding new features and functionalities.
Philippines startup Great Deals E-Commerce secures $30M Series B led by Fast Group
Great Deals plans to use its Series B fund to build an automated fulfillment center that will concentrate on tech development. This will be a big help for the company to meet the growing demand for e-commerce in the Philippines.
Returning investor Telkomsel boosts Gojek investment by $300M to grow Indonesia’s digital lifestyle infrastructure
Gojek’s total funding now sits at $5.3 billion. Telkomsel has been working together as early as 2018 when they partnered to subsidize mobile data costs incurred by Gojek’s driver-partners. In November 2020, Telkomsel invested $150 million into the company to explore a “broad range of collaboration opportunities.”
Acronis secures $250M increasing valuation to $2.5B to increase technical capabilities and datacenter presence
Acronis plans to boost the manpower in engineering, sales, and technical support teams. Currently, the company has 1,600 employees worldwide, with roughly 1,000 of them in technical roles. It plans to double the number of technical employees in Bulgaria, Israel, Singapore, Switzerland, and Arizona within the next 2 to 3 years.
Una Brands raises $40M Seed fund to consolidate small e-commerce brands in APAC
Una Brands indicated intends to use the capital to purchase and scale e-commerce brands operating in the Asia-Pacific region. The company plans to buy businesses that sell their products on leading e-commerce sites including Amazon, Shopee, and Lazada.
