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Indonesia’s Flip Raises $55 Million in Second Series B Round Led by Tencent
Flip, an Indonesia-based consumer payments platform, announced a Series B funding round led by Tencent, with participation from Block, Inc. and existing investor Insight Partners.
- Categories
- Finance, Technology
- Region
- South Asia
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Indonesia E-commerce Logistic Solutions Startup Biteship Secures Seed Funding Co-led by East Ventures and Beenext
Biteship, an Indonesia-based e-commerce logistic solution startup with a focus on empowering small-medium enterprises (SMEs), announced it has secured seed funding co-led by East Ventures and Beenext.
- Categories
- Technology
- Region
- South Asia
- Tags
- e-commerce, startups
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Indonesian Exchange Pintu Raises $113 Million to Meet Country’s Crypto Boom
Indonesian cryptocurrency exchange Pintu has raised $113 million in a Series B funding round with investments from venture capital firms.
- Categories
- Technology
- Region
- South Asia
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The Philippine Fintech Market to Reach 44 BN USD Despite the Socio-Economic Hurdles
The largest growth occurred in the mobile wallets, online payments, and wire transfers segments.
- Categories
- Finance, Technology
- Region
- South Asia
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France’s Eurazeo Launches $215 Million Southeast Asia ‘Insurtech’ Fund
Investors are deepening their foothold in the region despite a market cool-down.
- Categories
- Technology
- Region
- South Asia
- Tags
- innovation, insurance, startups
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General Atlantic Intends to Invest $2 Billion In India, Southeast Asia: Reuters
A senior executive at global private equity company General Atlantic told Reuters that the firm plans to invest $2 billion in India and Southeast Asia.
- Categories
- Finance
- Region
- South Asia
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Tesla to Build EV and Battery Storage Factory in Indonesia
It would be Tesla’s third electric vehicle factory outside its home market, and would help to supply growing demand for electric vehicles in the South-East Asian and Pacific region.
- Categories
- Energy, Technology, Transportation
- Region
- South Asia
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Indonesian FinTech Firm Xendit Raises $300 Million Series D funding co-led by Coatue and Insight Partners
Xendit, an Indonesia-based payments infrastructure platform, announced Thursday it closed $300 million in Series D funding, taking the total amount raised to $538 million to power the world’s fastest-growing digital economy.
- Categories
- Finance, Technology
- Region
- South Asia
