Mobile/Internet – Vertex Ventures SE Asia & India

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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 […]

P2P lender Validus eyes Singapore banks as new partners

25 February 2019

Singapore’s largest peer-to-peer lending platform, Validus Capital, is confident of inking serious. Collaborations with Singapore banks by early next year. To tackle the pressing dearth of financing for small and medium enterprises (SMEs). Having been in talks with Singapore banks for some time now, Validus is seeing a shift in attitude toward partnerships as it […]

Tickled Media to expand into e-commerce

The venture, which currently operates “theAsianParent” and “theIndusParent” online platforms- which are the largest parenting website platforms in Asia, will launch its e-commerce venture with a focus on Asian mothers this year. When asked for details about the upcoming e-commerce venture, Ms Mahtani, CEO of Tickled Media, said: “If you put two and two together, […]

Sunday InsurTech startup raises Series A, aims to transform insurance

Sunday, an InsurTech startup has raised Series A funding of US$10 million, led by Vertex Ventures of Southeast Asia and India. The fundraising success has made Thailand-based InsurTech one of the emerging startups to keep an eye on. Sunday is a multi-line InsurTech with fully-integrated sales and services platforms designed to reinvent the entire insurance […]

InstaReM joins Visa’s fintech fast-track programme

01 February 2019

Cross-border payments firm InstaReM announced on Friday that it is joining Visa’s fintech fast-track programme in Asia Pacific. The programme aims to make it easier and quicker for fintech partners to build and deliver new solutions on Visa’s payments network. Visa and InstaRem will work together to build new solutions for moving money to and […]

Grab partners with Warung Pintar

26 January 2019

Grab announced yesterday that it has partnered with Indonesia-based Warung Pintar, a micro retail technology startup company, connected by ASEAN Impact Challenge partnership, in a bid to empower grassroots community in Indonesia to migrate to the digital economy. ASEAN Impact Challenge (AIC) is a regional platform specified to discover innovators and entrepreneurs from Southeast Asia. It […]

Housejoy acquires MyWash, laundry services startup

05 February 2016

Just hot off its USD$23 million fundraising lead by Amazon, with Vertex Ventures, Qualcomm and Ru-Net Technology Partners, Housejoy has acquired MyWash, an on-demand laundry services provider for an undisclosed amount. With this acquisition, MyWash and Housejoy combined are the largest laundry services provider in India. This would allow Housejoy to provide 10,000 laundry bookings […]

Housejoy raises USD$23 million in Series B funding led by Amazon

16 December 2015

India’s leading home services provider, Housejoy has announced a completion of INR 150 crores in series B round of funding from a consortium of investors. The round was led by Amazon and included new investors Vertex Ventures, Qualcomm and Ru-Net Technology Partners. Existing investors Matrix Partners India also participated. The funds will be used to […]

HappyFresh raises U$12 million led by Vertex

14 September 2015

Singapore, Jakarta – 14 September 2015. HappyFresh, Southeast Asia’s leading online grocery company, has today successfully completed a funding round led by Vertex Venture (Vertex), the venture arm of Temasek Holdings, and Sinar Mas Digital Ventures (SMDV), the venture arm of Sinar Mas Group of Indonesia. Other investors participating include Asia Venture Group, BEENEXT, Ardent […]

Category: Mobile/Internet