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Lotto partners with Ace Turtle to accelerate omnichannel presence in India

24 March 2019

To consolidate its presence in India’s growing athleisure market, global sportswear brand, Lotto, will leverage Ace Turtle’s omnichannel technology platform to ramp up its digital presence in India, while expanding its physical presence through exclusive stores. In India, Lotto has an exclusive license agreement with SSIPL Lifestyle. Speaking on this, Amit Pahuja, brand head, Lotto […]

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TurnKey Lender enters Malaysia with office in Kuala Lumpur

20 March 2019

TURNKEY Lender announced the opening of a new office in the capital of Malaysia, Kuala Lumpur. Its main goal will be to physically represent TurnKey Lender and support the company’s operations in Asia. The company plans to involve local professionals to provide technical support to the clients, streamline local and global business development, and fuel […]

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InstaRem closes U$41m Series C

19 March 2019

Digital cross-border payments company InstaReM has bagged $52.4m (US$41m) in a series C funding round led by Singapore-based Vertex Growth Fund along with its new investor Atinum Investment, a venture capital firm from South Korea. According to an announcement, this latest round takes InstaReM’s total funds secured to US$59.5m, making the Singapore startup one of […]

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The key traits of good VCs: Venture Voices

Sitting through meetings. Doing intensive research. Staying ahead of the curve. It takes a lot to be a successful venture capitalist, and only a rare few manage to identify startups that will make it to the big leagues—or even define the standards of new industries. In the first instalment of KrAsia’s “Venture Voices“, the question: […]

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Turnkey Lender raises new round led by OSK

06 March 2019

Malaysian private equity firm OSK Ventures International has led an undisclosed sum Series A1 funding round in Singapore-based fintech company TurnKey Lender. Vertex Ventures’ fund for Southeast Asia and India and Western NIS Enterprise Fund also participated in the round. Vertex Ventures had invested $2 million in the startup in 2017. The investment will be […]

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Warung Pintar acquires LimaKilo

01 March 2019

Indonesian micro retail-tech company Warung Pintar has acquired local agtech startup Limakilo, a platform that simplifies the food supply chain by connecting farmers to food stalls and vendors. The acquisition will enable thousands of Warung Pintar stalls to have direct access to sell staple food items at their digital-based stalls, according to an announcement. “High […]

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