Southeast Asia
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STARTUPS
Indonesian startup Pomona raises $3 million to help brands increase engagement with cashback offers
Pomona, an Indonesian startup that creates omnichannel marketing and sales software for consumer brands, announced today it has raised a…
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STARTUPS
Streaming video service Iflix raises more than $50 million led by Fidelity International as it prepares to go public
Iflix, the streaming video service that competes with Netflix in Southeast Asia and other emerging markets, announced today that it…
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Trends
Waresix hauls in $14.5M to advance its push to digitize logistics in Indonesia
Waresix, one of a handful of startups aiming to modernize logistics in Indonesia — the world’s fourth most populous country…
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Finance
PayU, Naspers’ global fintech firm, enters Southeast Asia with acquisition of Red Dot Payment
PayU, the Naspers owned fintech firm that specializes in emerging markets, is broadening its global reach into Southeast Asia after…
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Finance
Warburg Pincus announces new $4.25 billion fund for China and Southeast Asia
Warburg Pincus, the private equity fund with over $60 billion under management, is doubling down on Asia after it announced…
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Splyt wants to connect the world’s ride-hailing apps for easy international roaming
The vision of a universal global ride-hailing service is over. Uber’s decision to exit markets like China, Southeast Asia and…
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Finance
Razer goes big on payments with Visa prepaid card
The latest pairing between a tech upstart and a financial titan is a digital prepaid card targeted at Southeast Asia’s…
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Finance
EV Growth closes $200M fund to cover Southeast Asia’s Series B funding gap
East Ventures has long been known as one of Indonesia’s longest-serving and most active seed-stage investors, but now it has…
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Trends
Zipline’s new $190 million funding means it’s the newest billion dollar contender in the game of drones
With a valuation of over $1 billion and $190 million in new financing, Zipline has become the latest contender to…
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