Amazon Web Services launches Indonesia cloud region, to invest $5B in the region over next 15 years
Amazon Web Services (AWS), an Amazon.com, Inc. company, has launched the AWS Asia Pacific (Jakarta) Region, and is planning to invest an estimated $5 billion in the region over the next 15 years.
AWS said in a statement that the investment includes capital expenditures on the construction of data centers, operational expenses related to ongoing utilities and facility costs, and purchases of…
Brands have ‘one shot to impress’ with digital services or risk losing customers, says AppDynamics’ Joe Byrne [Q&A]
The pandemic has driven digitalizaton across industries, which has accelerated during the past 18 months. This is expected to continue in the post-pandemic environment. According to Joe Byrne, Vice President of Technology Strategy and Executive CTO at AppDynamics, "the majority of consumers will continue to rely on digital services even beyond COVID-19."
In a TechNode Global Q&A, Byrne…
Singapore live commerce enabler Upmesh raises $7.5M Pre-Series A funding led by Monk’s Hill Ventures
Upmesh, a Singapore-based live commerce enabler and community building platform, has raised a new round of Pre-Series A funding of $7.5 million led by Monk's Hill Ventures.
The new round of funding which comes two months after initial seed round, will be used to expand Upmesh’s regional presence in Southeast Asia and launch new products including a mobile version of its product, Upmesh said…
Smart Manufacturing: How industry 4.0 is shaping the future of manufacturing in Germany and China [BEYOND Virtual Panel recap]
Germany and China are two of the world’s powerhouses when it comes to manufacturing. They, however, have contrasting renown. They also play crucial roles in leading the way for smart manufacturing particularly the development of industry 4.0. Startups and established entrepreneurs alike have a lot to learn from the manufacturing advancements in these two giant economies.
This Beyond…
Philippine neobank Tonik secures $100M in consumer deposits
Tonik, the Philippines' first digital-only neobank, has surpassed PHP5 billion ($100 million) in consumer deposits, just eight months after its launch of commercial operations. Tonik had secured its first PHP1 billion in consumer deposits within a month of going live in March.
Tonik’s deposit achievement was supported by unique, accessible, flexible, and inclusive products, including…
Beyond The Billion partner funds invested over $600M in close to 800 female-founded startups in 2 years
Beyond The Billion, whose first pledge campaign (The Billion Dollar Fund for Women launched in 2018) mobilized a global consortium of venture capital funds (VC) and limited partner (LP) investors, has released Our First Billion Global Impact Report, which assesses the results of that two-year campaign.
The Billion Dollar Fund for Women (TBDF) aimed to address the gender venture funding gap,…
Thai proptech firm Lazudi raises $2M funding from Swedish venture capital firm PropTech Farm
Lazudi, a Thai cloud-based property agency, said Wednesday it has raised $2 million funding from Swedish venture capital company PropTech Farm.
Lazudi said in a statement the cash injection provides the firm with the capital it needs to deploy the technology to simplify the home buying and selling process, which comes at the right time as Thailand’s property market gets ready for growth…
Hong Kong logistics startup Pickupp raises $37M Series B funding led by Jardine Matheso
Hong Kong-based logistics startup Pickupp announced Wednesday it has raised another $37 million in Series B funding led by Hong Kong conglomerate Jardine Matheson.
Existing investors including Reefknot Investments, Cathay Venture Inc., PChome Online Inc., DRIVE Catalyst, and Swire Properties also joined the round, Pickupp said in a statement.
This third round of funding follows its initial…
Pakistan: Bridging the South and Southeast Asia startup and innovation ecosystems [BEYOND Virtual Panel recap]
Pakistan is the world’s fifth-largest country with a population of over 225 million. This large population has the advantage of being relatively young. Pakistan has a median age of 22.8 years, which means a large potential workforce to help drive the economy. Internet penetration in the country is also on the rise, with more than 100 million 3G and 4G users. Startups can take advantage of…
ORIGIN Innovation Awards 2021: Movers & Shakers – People’s Choice VC winners
We are thrilled to announce the People's Choice VC winners for the second edition of the ORIGIN Innovation Awards.
The ORIGIN Innovation Awards recognizes outstanding startups, corporate innovators, and movers and shakers in the Asia Pacific region poised for growth. The awards celebrate the spirit of innovation and entrepreneurship, and also seek to inspire the dreamer in all of us.
We’d…