Indonesia

Vynn Capital, a new entrant to Southeast Asia’s startup ecosystem, is gearing up to close its maiden fund after it landed an undisclosed sum from Malaysia Venture Capital Management Bhd (MAVCAP)

Chinese e-commerce company JD.com is taking its drone delivery system to Japan. Rakuten, the Japanese e-commerce giant, just announced a partnership with JD that will see its drones and unmanned vehic

Lalamove, a Hong Kong-based on-demand logistics startup, has closed a $300 million Series D round as it seeks expansion across Asia. In doing so, the company has officially entered the unicorn club. F

Allianz X, the venture capital arm attached to German insurance giant Allianz, has increased the size of its fund to €1 billion, around $1.1 billion, according to an announcement made today. The fun

Twitter has announced it’s expanding checks on political advertisers outside the U.S. to also cover Australia, India and all the member states of the European Union. This means anyone wanting to

Kenyan communications hardware company BRCK has acquired the assets of Nairobi-based internet provider Surf and its U.S. parent EveryLayer in a deal of an undisclosed amount.

Intudo Ventures, a VC firm focused on Indonesia, has closed a new $50 million fund. This is Intudo’s second fund to date following its $20 million debut last year. The firm is a relative newc

BeliMobilGue, a used car sales platform in Indonesia, has fueled up with a $10 million Series round for the race to dominate the automotive market in Southeast Asia’s largest economy. The compan

If you’re looking for the next unicorn in Southeast Asia, Zilingo might just be it. The 3.5-year-old e-commerce company announced today that it has raised a Series D round worth $226 million to

Japanese messaging app company Line is pumping 20 billion JPY ($182 million) into its mobile payment business as it tries to turn things around following a challenging year in 2018. The company announ

Asia’s venture capital-backed startups are gunning for Starbucks . In China, the U.S. coffee giant is being pushed by Luckin Coffee, a $2.2 billion challenger surfing China’s on-demand wav

Facebook said today it has removed hundreds of Facebook and Instagram accounts with links to an organization that peddled fake news. The world’s fourth largest country with a population of more

Go-Jek, the Indonesia-based ride-hailing company that is challenging Grab in Southeast Asia, has announced the first close of its Series F round, as TechCrunch reported last week. The company isn&#821

Grab’s fundraising push continues unabated after the Southeast Asian ride-hailing firm announced that it has raised $200 million from Central Group, a retail conglomerate based in Thailand. Cen

Grab is Southeast Asia’s top ride-hailing firm thanks to its acquisition of Uber’s local business last year. Its biggest competitor gone, the company is on a push to go beyond transport an

Southeast Asia-based ridesharing firm Go-Jek is making progress with its plan to raise up to $2 billion in fresh capital to fund its battle with close rival Grab. Indonesia-headquartered Go-Jek has cl

Singapore’s digital fintech companies are attracting investor attention and dollars in 2019. Fresh from Singapore Life — a digital-only insurer — raising $33 million across two recen

The new year is well underway and, before January is out, we polled VCs in Southeast Asia to get their thoughts on what to expect in 2019. The number of VCs in the region has increased massively in re

We hear a lot about drones having the potential to revolutionize delivery and logistics. It’s easy to be dismissive — in many cases, a robot may take what would be a human’s job &#82

The digital revolution in Indonesia, Southeast Asia’s largest economy, continues to attract big money from investors. Hot on the heels of a $50 million round for Bukalapak, a billion-dollar comp