Funding

Indonesian startup Go-Jek lands US$550mil funding
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.
aCommerce lands ‘8-figure’ funding to boost regional expansion
Bangkok-headquartered e-commerce solutions provider aCommerce said it has raised a “strategic venture round” worth an eight-figure sum in US dollars.
Week in Review: More moolah for SEA startups, and Digerati50 2.0 is up!
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.
Fintech startup Jewel Paymentech lands undisclosed Wells Fargo funding
Singaporean fintech startup Jewel Paymentech said it has landed funding after being selected for US bank Wells Fargo’s accelerator programme.
VC-backed fintech funding roars back in Q1 2016: KPMG and CB Insights
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%.
SEA VCs are laggards, Singapore truly a startup hub: Google-Temasek report
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.
Malaysian ‘venture builder’ LaunchPad raises US$6mil
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.
Japan’s SRA invests US$9mil in Singapore’s Tagit
Tagit said it has secured 'around S$12 million' in investment from the SRA Group, an IT company from Japan.
Nida Rooms secures US$4.2mil equity investment
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.
Indonesia needs to embrace failure and competition: Trade Minister
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.
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Download Digerati50 2018-2019 PDF

Digerati50 2018-2019

Get and download a digital copy of Digerati50 2018-2019