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HappyFresh bags $20m in Series C round

22 April 2019

Indonesia-based online grocery platform HappyFresh raised US$20 million in a series C round led by South Korea’s Mirae Asset-Naver Growth Fund. The startup, founded in 2015, plans to use the fresh capital to expand further across Southeast Asia. It will also invest in developing its technology as well as scaling its data science and omnichannel tech teams. […]

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Binance’s Singapore Fiat-to-Bitcoin exchange is launching next week

17 April 2019

Cryptocurrency exchange giant Binance will launch its new fiat-to-crypto platform in Singapore next week, its chief financial officer said. CEO Changpeng “CZ” Zhao announced in early April that the Singapore fiat “on-ramp” would be coming sometime this month. But speaking to CoinDesk Wednesday from Paris, Binance CFO Wei Zhou gave a more precise timeframe. “Next week we […]

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How Licious is grabbing a big bite of the $30B Indian meat market

15 April 2019

India consumes meat worth around $30 billion every year and the demand is only expected to grow faster driven by economic growth, rising per capita income, urban trends, and a rise in the awareness of the nutrition provided by meat and related products. However, 90 percent of this demand has been primarily addressed by the unorganised […]

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InstaReM Drives 24% YOY Volume Growth in South Asia Corridor

09 April 2019

Transferring money back home to India is now easier than ever. During a recent South Asia-focused briefing for media and community leaders, Mr Vinoth Manoharan, Country Manager of InstaReM, one of Southeast-Asia’s leading digital cross-border payments companies with a growing presence in Australia, revealed that focusing on customer experience and convenience has been integral in the […]

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Warung Pintar’s co-founders listed on Forbes 30 Under 30 list

02 April 2019

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. […]

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GET’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 […]

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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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