With BukuWarung securing its $60M Series A, the Indonesia FinTech industry becomes more competitive
BukuWarung, a Jakarta-based startup focused on building bookkeeping, digital payments, and e-commerce solutions for micro, small, and medium enterprises (MSMEs), has announced that it has closed its Series A at an oversubscribed $60 million. The startup plans to use its fresh capital to invest in additional manpower and develop its products.
Chinmay Chauhan and Abhinay Peddisetty,…
Insights: From platforms to health
Asia’s Most Wanted – Digital Health Part I is part of a three-part HealthTech special series organised by BlueChilli healthtech and TechNode Global to shed light into burning topics and emerging developments in Asia’s healthcare industry.
How are platforms rising to the immense opportunities and challenges for healthcare in Asia?
To answer this question, I had the honour of…
Oyo’s Ritesh Agarwal starts VC firm in Singapore
26-year-old Indian tech billionaire Ritesh Agarwal, founder of fast-growing hotel chain startup Oyo, has turned to Singapore to set up a new venture capital firm.
With Aroa Ventures, he’s investing between $500,000 and $5 million in early-stage startups, reports Entrackr. According to the VC outfit’s website, it’s on the hunt for fledgling tech companies that make $1 million to $10 million…
Southeast Asia VC lifts lid on new $50m fund
The tech investors at Quest Ventures today debuted their second fund, worth $50 million.
Focused on making post-seed and series A investments, Quests’ Fund II is seeking out startups “across Southeast Asia and emerging Asia,” the team said in a statement today. That means the Singapore-based VC is eyeing investments in nations it has yet to explore, such as the Philippines and…