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Funding Societies Raises $294 Million to Back South-East Asia’s SMEs
Small businesses suffer from the same problem: all too often they struggle to access the finance they need to grow. That requires new solutions – and in South-East Asia, Funding Societies thinks it can help.
- Categories
- Uncategorized
- Region
- South Asia
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Andalin Nets US $4 Million to Foray into Trade Financing, Cargo Insurance, SaaS Freight Management
Indonesian digital freight forwarder Andalin has said it secured US$4 million financing in a round led by Intudo Ventures.
- Categories
- Technology
- Region
- South Asia
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Thai Lender Siam Commercial Bank Invests $100 Million in Indonesia’s Akulaku
Thailand's Siam Commercial Bank Pcl announced a $100 million investment in Indonesian fintech startup Akulaku, as part the bank's expansion overseas and into technology.
- Categories
- Finance, Investing, Technology
- Region
- South Asia
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SatSure Raises $5 Million in Pre-Series A round from Baring PE India, ADB Ventures, Others
Bengaluru-based SatSure will use the capital towards expanding its footprint in Southeast Asia and accelerating its product development, including launching its proprietary payloads to Low Earth Orbit.
- Categories
- Finance
- Region
- South Asia
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Hyderabad based Agritech Startup Our Food Raises US $6 Million
Hyderabad City-based agritech startup Our Food has raised $6 million in a growth funding round led by existing investor 3Lines Venture Capital.
- Categories
- Agriculture, Technology
- Region
- South Asia
- Tags
- food security, startups
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Grab Acquires Jaya Grocer to Expand Its On-Demand Grocery Delivery in Malaysia
The deal enables Grab to bring more Jaya Grocer retail stores onto its marketplace and leverage Jaya Grocer's large supplier network further to expand its GrabSupermarket
- Categories
- Investing, Technology
- Region
- South Asia
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Indonesia’s Largest Private Bank To Pour $27.8 Million Into VC Arm
Indonesia’s Bank Central Asia (BCA) has allocated 400 billion rupiah to its VC arm, Central Capital Ventura, reported local news agency Antara, citing a statement from Jahja Setiaatmadja, the bank’s president director.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- e-commerce, startups
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Vietnam’s Con Cung Secures $90 Million Investment From Quadria Capital
The maternity and baby care retailer intends to use the proceeds to bolster its local footprint.
- Categories
- Health Care
- Region
- South Asia
- Tags
- youth