Indonesian mobile on-demand startup Go-Jek has raised US$550 million funding from a consortium of global investment firms, following an undisclosed amount it raised in October, 2015.
Bangkok-headquartered e-commerce solutions provider aCommerce said it has raised a “strategic venture round” worth an eight-figure sum in US dollars.
A new US$30mil venture fund targeting early stage startups is sure to warm the hearts of founders, while Karamjit Singh is also proud to announce the second volume of Digerati50 is available for download.
Singaporean fintech startup Jewel Paymentech said it has landed funding after being selected for US bank Wells Fargo’s accelerator programme.
After a significant pullback in funding in the fourth quarter (Q4) of 2015, mega-rounds lifted quarterly investment into VC-backed fintech companies globally by over 150%.
The South-East Asian startup scene is certainly booming but venture capitalists (VCs) in the region are just not keeping up, according to a report by Google Inc and Temasek Holdings.
Venture builder LaunchPad said it has secured US$6 million in funding to launch new tech ventures, invest in early-stage startups, and fund its existing startups.
Tagit said it has secured 'around S$12 million' in investment from the SRA Group, an IT company from Japan.
Global Rooms Ltd, which owns and operates the Nida Rooms hotel reservation system, announced it has secured equity investment of US$4.2 million, led by venture capital firms Convergence Ventures and CyberAgent Ventures.
All stakeholders in Indonesia’s digital economy – from corporates and the startup community, to the Government – need to embrace failure, urged Trade Minister Thomas Trikasih Lembong.