We are happy to announce Warung Pintar’s co-founders, Agung Bezharie, Harya Putra and Sofian Hadiwijaya, have been listed on Forbes 30 Under 30 list under the Asian Retail and Ecommerce category. The founders believe micro businesses will drive Indonesia’s economic growth for the foreseeable future, and have created over 1200 kiosks across the country which are operated […]
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Payfazz co-founders listed on Forbes 30 Under 30 list
We are pleased to announce Payfazz co-founders, Hendra Kwik, Jefriyanto and Ricky Winata, have been listed on Forbes 30 under 30 list, under the Asian finance and venture capital category. In 2016 Hendra Kwik, Jefriyanto and Ricky Winata cofounded Payfazz, a fintech platform that aims to to achieve financial inclusion for unbanked residents in rural Indonesia. […]
Continue ReadingGET’s founder, Daniel Liang listed on Forbes 30 Under 30 list
We are pleased to announce Get’s co-founder, Daniel Liang, has been listed on Forbes 30 Under 30 list in the Asian Consumer Technology category. Originally branded as Qnect when it was founded in 2016, Get is a purchase-sharing social networking service with the capability of digital payment. In October 2018, Get raised $2.5 million in […]
Continue ReadingLotto 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 […]
Continue ReadingTurnKey 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 […]
Continue ReadingInstaRem 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 […]
Continue ReadingThe 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: […]
Continue ReadingTurnkey 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 […]
Continue ReadingWarung 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 […]
Continue ReadingValidus raises S$20.5m in Series B funding
27 February 2019
Singapore-based peer-to-peer lending platform Validus Capital has secured S$20.5 million in a Series B funding round led by Dutch development bank FMO. According to media reports, Validus plans to utilise the new funding for product development and in new technologies including artificial intelligence. Additionally, the company plans to expand its services to Indonesia and Vietnam. […]
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