Southeast Asia

Singapore’s Ora takes a vertically integrated approach to telehealth

According to the founder of Singapore-based telehealth platform Ora, 90% of its patients are less than 39 years old and have not been treated for their conditions offline. That puts the onus on Ora to

Jenfi raises more funding for its ‘growth capital as a service’ platform

Jenfi, a “growth-capital-as-a-service” platform, can provide online businesses with revenue-based financing in as little as a day. The Singapore-based startup announced today it has raised $6.6 mi

Backed by Sequoia Southeast Asia, SquareX protects web users with disposable browsers

Much of our computer time is spent in a web browser, where we check emails, create documents, transfer files, carry out online banking, shop or stream entertainment. This leaves us vulnerable to secur

Praktis lands $20M to help Indonesian D2C brands handle their supply chains

Small to medium-sized enterprises contribute 60% of Indonesia’s gross domestic product. But companies in the D2C space still struggle to compete against bigger brands. Praktis wants to put them on a

Mercu meets deskless workers where they are

Many employee engagement and retention tools were created with the assumption that workers spent most of their time at desks. But the majority of the global workforce is deskless, meaning that they ar

eBay appoints new head of emerging markets, covering regions like Southeast Asia and India

eBay announced today that it has appointed Vidmay Naini as its general manager for global emerging markets, a role that covers the company’s growth in Southeast Asia, India, Eastern Europe, Israel,

Muslims come into the frame in Southeast Asia’s fintech boom

Founded in 2014, Blossom Finance was first intended for Muslim entrepreneurs in the United States. The microfinancing platform connects investors with small businesses using mudarabah, a shariah-compl

ZEBOX, an incubator for supply chain startups, launches its Asia hub in Singapore

ZEBOX, an international accelerator network founded by shipping conglomerate CMA CGM to introduce more tech innovation into the supply chain industry, announced today the launch of its APAC headquarte

Betterdata uses synthetic data to keep real data safe

Betterdata, a Singapore-based startup that uses programmable synthetic data to keep real data secure, announced today it has raised $1.55 million. The seed round, which it says was oversubscribed, was

Edtech MindX wants to build ‘little Silicon Valleys’ across Vietnam

Founded in 2015, MindX was created to address the lack of coding in Vietnamese school curriculums. The startup’s goal is to create “small Silicon Valleys” across Vietnam, with educational center

Jakarta-based cloud kitchen startup Legit Group gets Series A to take over the rest of Indonesia

Legit Group, a cloud kitchen brand operator based in Jakarta, has its eyes on the rest of Indonesia after raising a $13.7 million Series A. The round was led by MDI Ventures, the venture capital arm o

Temasek’s Sheares Healthcare backs Asia-focused mental health startup Thoughtfull

Thoughtfull, a digital mental health platform focused on Asia, has raised $4 million in a pre-Series A round led by Sheares Healthcare Group.

Southeast Asian credit fintech Kredivo scores $270M Series D

The funding landscape in Southeast Asia is still wintery, but one fintech managed to land a major round. Kredivo Holdings, which offers credit services to underbanked consumers in Indonesia and Vietna

Indonesia’s Broom builds out automated asset-backed lending for used car dealers

The Indonesian used car market is on a course for growth fueled by a number of trends: the increasing digitization in used car sales; a larger variety of finance options; and the COVID-19 pandemic, w

Medigo’s app makes prescription deliveries available 24/7 in Vietnam

Over the last three years, Ho Chi Minh City-based Medigo has grown to 500,000 active users by providing 24/7 one-demand prescription delivery services. Now it’s planning to grow its telehealth ecosy

E-commerce aggregator Una Brands lands $30M just five months after its Series B 

Una Brands, a Singapore-based e-commerce aggregator, has raised $30 million in pre-Series C financing just five months after announcing its $30 million Series B funding that was raised in September o

Singapore-based Transcelestial uses lasers to build affordable internet networks

  Transcelestial is on a mission to make the internet more accessible by building a network of shoebox-sized devices that send lasers to one another, creating a fiber-like network. Today, the Sin

Singapore-based neobank Aspire raises $100M from Lightspeed and Sequoia SEA

Aspire, the Singapore-based neobank that wants to become the financial operating system for SMEs, has raised an oversubscribed $100 million Series C round. Investors included Lightspeed and Sequoia Ca

Sequoia Capital Southeast Asia backs cross-border payments startup Tazapay

The rise in open banking and payment services like India’s UPI and Singapore’s PayNow means lower costs for businesses, as well as new payment options for hundreds of millions of customers in emer

The solo GP behind iSeed SEA launches his second fund for Southeast Asia

If you follow Southeast Asia funding, you’re probably familiar with iSeed SEA. Some of the startups the fund has invested in since it launched in 2020 include Dat Bike, Skuad and Upmesh. What you mi
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