It’s happening: Gojek and Tokopedia finalize merger to form GoTo Group
After the buzz about a possible merger in early January, Indonesia’s leading tech companies Gojek and Tokopedia have officially announced their merger. The new entity that comes out of this deal is called GoTo Group, and is set to become the biggest technology business group in Southeast Asia’s largest economy.
Gojek published a blog post to inform the public about the merger, confirming many…
How Parcel Perform is reimagining the logistics experience for businesses and end-users [ORIGIN Innovation Awards Q&A]
Editor’s note: This interview is part of a Q&A series with winners of the ORIGIN Innovation Awards 2020. Parcel Perform is a winner in the category Startup Awards–Logistics & LMF.
The logistics market in Southeast Asia is expected to reach $55.7 billion by 2025, at a CAGR of 5.5 percent. Some of the key catalysts in this market include the rapid growth of e-commerce, enhanced trade…
Returning investor Telkomsel boosts Gojek investment by $300M to grow Indonesia’s digital lifestyle infrastructure
Indonesian unicorn Gojek has secured $300 million in additional funding from Telkomsel, a brand name of GSM and IMTS Mobile phone network owned by Telkom. The digital telco company’s investment follows an existing collaboration between the two companies. The increased investment will help Gojek ramp up its digital services and generate new and innovative solutions.
Gojek’s total funding now…
JustKitchen’s cloud kitchen model uses data and logistics optimizations to ensure quality of hot food delivery [Q&A with Kent Wu]
A lot goes into the food that you order from an app or through a phone call. From the logistics of raw materials and ingredients to ensuring just the right amount of delivered ingredients to minimize spoilage to the actual preparation, packaging, and delivery.
The F&B sector can definitely benefit from optimizations in data and logistics. This is just what JustKitchen is accomplishing…
Former execs from Carousell, OVO & Airbnb launch Rainforest with $36M Seed fund to consolidate APAC Amazon Sellers
Rainforest, the Singapore-based e-commerce brand aggregator, has announced that it is launching with a $36 million Seed fund led by Nordstar Partners and participated by Insignia Ventures Partners. The startup will be using its seed fund to acquire Amazon FBA (Fulfillment by Amazon) brands, invest in technology, and bolster the company’s efforts in recruitment.
The company’s seed funding round…
Singapore-based agrifoodtech catalyst GROW launches the second cohort of its flagship accelerator program
GROW, the Southeast Asia agrifoodtech accelerator based in Singapore, seeks to advance sustainable agriculture in the region and the rest of the world with the sophomore cohort of its Impact Accelerator program.
The agriculture investor has recently completed its selection of a new batch of funding recipients, which represent some of the most notable innovations from the agricultural and food…
A beginner’s guide to customer acquisition
Increasing your customer base is the quickest way to grow. Therefore, customer acquisition is considered to be the most obvious way to achieve your revenue goals. Let's start with an inspiring customer acquisition story.
Arguably, Instagram is the most popular social media platform in 2021 with having 1.074 billion active users worldwide. However, they were not always super famous from their…
HK logistics platform Buyandship partners with local merchants for overseas market expansion, with partner Yoho seeing 1,000% surge
Hong Kong-based global shipping platform Buyandship has announced that it will be partnering with local merchants to facilitate their expansion into the overseas markets. The company’s first partner will be Yoho, an online shopping platform for electronic products in Hong Kong. Partnerships with Buyandship will help local businesses open up a new channel for their sales and it will help consumers…
Indonesian P2P FinTech startup Amartha secures $28M investment led by Women’s World Banking fund
Amartha, a Jakarta-based fintech company that connects micro and SME business partners with investors, has received a $28 million investment from the Women’s World Banking fund (Women’s World Banking Capital Partners II) and MDI Ventures. The fundraising was also participated in by existing investors Mandiri Capital and UOB Venture Management.
The investment comes in shortly after the P2P…
Innovating for the future: Meet the engineers, developers, and product managers of e27 Luminaries
Editor's note: This contributed series features the e27 Luminaries--the unsung heroes of the startup ecosystem. These are individuals whom companies have nominated as having done a remarkable job in spearheading innovations. The author, Anisa Menur Maulani, is the Editor and my former colleague at e27. This article was originally published on e27.
This initiative highlights the unsung…