Series B
Insuretech, PolicyStreet, raises US$15.3mil Series B with Khazanah as lead investor
Khazanah’s funding from US$1.3bil Dana Impak to spur competitiveness
Aims to serve 2.5mil gig workers & 300k SMEs within the next five years
With its US$31.5mil funding, Soft Space sets record as highest Series B raised by a Malaysian startup, eclipsing Aerodyne
Aims to expand global footprint, strengthen operations
Southern Capital led round with Malaysia’s Hibiscus Fund among investors
Thai Insurtech Roojai Raises US$42mil In Series B round
In 2022 Roojai’s premium income in Thailand grew by 25%
US$32mil from direct injection, US$10mil from secondary share transaction
Indonesia's iSeller Raises US$12 mil Series B
iSeller, Indonesia’s solutions platform for merchants, has closed a US$12 million Series B round led by Intudo Ventures, with participation from KVision (Kasikornbank), as well as existing investors Mandiri Capital Indonesia and Openspace Ventures.
MoneyMatch an equity partner in KAF Investment-led digital bank consortium, targets US$10mil Series B raise
Consortium to target underserved MSME segments neglected by incumbents
Ramp up investments in tech, upgraded financial infrastructure and biz dev
Igloo promotes Raunak Mehta to CEO, announces Series B
Regional insurtech firm Igloo announced the promotion of Raunak Mehta, previously chief commercial officer, as its new co-founder and CEO.
Sime Darby gets into startup game as investor into Socar Mobility Malaysia’s US$55mil Series B funding
Further expansion in SEA targeted following covenant-based investment
Tech enhancements & increase safety measures that will improve profitability
In Series B extension, Malaysian based iStore iSend receives funding from Yamato Holdings
e-fulfilment startup to expand to Thailand and Vietnam with funding injection
Funding part of extended Series B round from Jan 2021 that raised US$5.5mil
Indonesia's Pluang raises US$20 million in pre-series B round
Company to continue developing proprietary digital savings and investing products to give Indonesians more options to grow their money
Indonesian coffee startup Kopi Kenangan raises US$109mil Series B
Sequoia Capital-led funding will fuel the rapidly growing company’s international expansion, enhancement of staff training, and accelerating cloud kitchen development.