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Malaysian B2B E-Wholesaler Lapasar Lands US $1.8 Million in Funding
The startup targets to serve 10K grocery stores, restaurants and hawker stalls over the next 24 months with its new mobile app Lapasar-Borong
- Categories
- Technology
- Region
- South Asia
- Tags
- startups
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Timberland, Vans, The North Face to Develop Regenerative Rubber Supply Chain
The VF Corporation, which owns brands such as Timberland, Vans and The North Face, is partnering with a Thailand-based design consultancy to create the fashion industry's first regenerative rubber supply system.
- Categories
- Environment
- Region
- South Asia
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Bibit Raises Another Growth Round Led by Sequoia Capital India, This Time for $65 Million
Four months after leading a $30 million growth round in Bibit, Sequoia Capital India has doubled down on its investment in the Indonesian robo-advisor app.
- Categories
- Investing
- Region
- South Asia
- Tags
- impact investing
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Press Release: Convergence Awards Design Funding to Accelerate Sustainable Forestry and Ecosystem Restoration in Indonesia
Blended finance network Convergence awards a feasibility study grant to PT. Kandelia Alam (KLIA) to explore a blended finance solution in Indonesia focused on Sustainable Development Goal (SDG) 15 – Life on Land.
- Categories
- Environment
- Region
- South Asia
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Uploan Secures US $15 Million From Lendable to Expand Its Payroll Financial Services Beyond Philippines
Uploan, a Philippines-based fintech company providing payroll financial services, has raised a senior secured loan of up to US$15 million from debt financer Lendable.
- Categories
- Finance, Technology
- Region
- South Asia
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Asian Food Delivery Company ‘Grab’ to Go Public In $40 Billion U.S. SPAC Deal
Asian ride-hailing and food delivery company Grab Holdings is going public in a special purpose acquisition company (SPAC) deal valued at $40 billion U.S.
- Categories
- Technology
- Region
- South Asia
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Education Crisis in South Asia: COVID to Cause $1 Trillion Losses
The prolonged closure of schools is causing an education crisis that may cost Bangladesh and other South Asian countries over $1 trillion in lost earnings in the long run, according to a World Bank report.
- Categories
- Coronavirus, Education
- Region
- South Asia
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Big Brands Join $1 Billion Forest Conservation Push for Southeast Asia
Major household brands and palm-oil buyers Nestle and PepsiCo have backed a scheme that aims to invest $1 billion in forest conservation across Southeast Asia over 25 years.
- Categories
- Agriculture, Environment, Investing
- Region
- South Asia