One of the most notable updates in the Southeast Asian tech startup ecosystem is the number of new funds and upcoming investments being announced throughout November.
On November 26, 37 VC firms announced their commitment to invest more than US$800 million over next three to five years in the...
PropertyGuru buys Malaysia’s largest online property data firm MyProperty Data; MyProperty Data provides property data analytics and insights leveraging over 6M unique records across sales, rentals, auctions, new development, and geospatial info along with proprietary datasets in demographics,...
Vietnam’s funding landscape flourishes in H2 2020; Despite the limited number of new investors entering Vietnam’s market in H1, H2 is witnessing a pickup in fundraising activities, keeping Vietnam ahead of Singapore; According to Do Ventures, 55% of investors preferred Vietnam as an investment...
Indonesian fintech company LinkAja has received a strategic investment from Grab as part of its Series B round.
Grab led the round as a minority investor, with participation from Telkomsel, BRI Ventures and Mandiri Capital.
As per a press release, LinkAja has received a total commitment of up to...
MDI Ventures team
MDI Ventures, the corporate venture capital (CVC) owned by Indonesia’s state-owned Telkom Group, has announced the launch of a new US$500 million tech fund.
The new fund aims to bolster the digital transformation agendas of the archipelago’s state-owned enterprises (SOEs) at...
When thinking about the payments landscape in Asia, there’s no doubt that its complexity is the first thing that springs to mind. Southeast Asia alone has over 1,000 local payment methods (LPMs) each fighting for their corner of the market.
But one country is shaping up to be the region’s next...
Last year, Reuters came out with an exclusive report about the Southeast Asian ride-hailing giant Grab’s plan to merge OVO, its e-wallet service with DANA– an Indonesia-focussed e-wallet platform run by a joint venture between Ant Financial and Emtek Group.
On Friday, Bloomberg reported that...
Strive’s team members
Business
Funding for proptech in Southeast Asia holds strong at US$72.9M
Southeast Asia poses the second highest number of deals and undisclosed funding across of Asia Pacific in 2019, showing a strong focus in proptech since 2017, reveals a JLL-TechInAsia study.
This is...