Southeast Asia
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STARTUPS
Grab raises up to $856M to boost payments business as rumors swirl of a merger with rival Gojek
Southeast Asian on-demand transport startup Gojek denies that it is involved in talks to merge with Grab but today Grab…
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Trends
Volocopter extends Series C funding to $94M with backing from logistics giant DB Schenker and others
Autonomous air mobility company Volocopter has added to the Series C funding round it announced in September 2019. The German…
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STARTUPS
Gojek reportedly buys 4.3% stake in Indonesian taxi company Blue Bird
Gojek has paid $30 million to take a minority stake in Blue Bird, one of the largest taxi operators in…
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STARTUPS
GGV Capital says mom-and-pop shops can boost e-commerce in emerging markets
Despite the rapid growth of e-commerce in India, Southeast Asia and other emerging markets, the vast majority of retail transactions…
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STARTUPS
Market research platform Milieu Insight raises $2.4 million to launch in more Southeast Asian countries
Milieu Insight, a Singapore-based market research and data platform, announced today that it has raised $2.4 million in pre-A funding.…
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STARTUPS
Southeast Asian real estate portal 99.co agrees to joint venture with iProperty, as their rival PropertyGuru prepares for IPO
Southeast Asian real estate portal 99.co has agreed to form a joint venture with iProperty. As part of the deal,…
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Finance
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…
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Trends
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.…
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Finance
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…
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