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Accion Venture Lab launches $23M inclusive fintech startup fund

Accion Venture Lab—the seed-stage investment arm of non-profit Accion—has raised $23 million for a new inclusive fintech startup fund. The Accion Venture Lab Limited Partnership,...

Y Combinator-backed Trella brings transparency to Egypt’s trucking and shipping industry

Y Combinator has become one of the key ways that startups from emerging markets get the attention of American investors. And arguably no clutch...

Automotive marketplace Carro acquires Indonesia’s Jualo, extends Series B to $90M

Carro, an automotive marketplace and car financing startup based in Singapore, said it has raised $30 million to extend and close its $90 million...

SoftBank pumps $2B into Indonesia through Grab investment, putting it head...

Grab — the on-demand transportation app worth $14 billion that is the Uber of Southeast Asia — today announced how it would be using...

Indonesian startup Pomona raises $3 million to help brands increase engagement...

Pomona, an Indonesian startup that creates omnichannel marketing and sales software for consumer brands, announced today it has raised a Series A-2 of $3...

Streaming video service Iflix raises more than $50 million led by...

Iflix, the streaming video service that competes with Netflix in Southeast Asia and other emerging markets, announced today that it has raised a new...

Waresix hauls in $14.5M to advance its push to digitize logistics...

Waresix, one of a handful of startups aiming to modernize logistics in Indonesia — the world’s fourth most populous country — has pulled in...

PayU, Naspers’ global fintech firm, enters Southeast Asia with acquisition of...

PayU, the Naspers owned fintech firm that specializes in emerging markets, is broadening its global reach into Southeast Asia after it announced a deal...

Warburg Pincus announces new $4.25 billion fund for China and Southeast...

Warburg Pincus, the private equity fund with over $60 billion under management, is doubling down on Asia after it announced a $4.25 billion fund...

Splyt wants to connect the world’s ride-hailing apps for easy international...

The vision of a universal global ride-hailing service is over. Uber’s decision to exit markets like China, Southeast Asia and Russia coupled with the...