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Indonesia e-commerce leader Tokopedia raises $1.1B from Alibaba and SoftBank’s Vision Fund

Indonesia e-commerce leader Tokopedia raises .1B from Alibaba and SoftBank’s Vision Fund Indonesia-based e-commerce firm Tokopedia is the latest startup to enter the Vision Fund after it raised $1.1 billion Series G round led by the SoftBank megafund and Alibaba. SoftBank and Alibaba are existing investors in the business — the Chinese […]

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Indonesian fintech startup Moka raises $24M led by Sequoia India

Indonesian fintech startup Moka raises M led by Sequoia India Indonesia’s Moka, a startup that helps SMEs and retailers manage payment and other business operations, has pulled in a $24 million Series B round for growth. The investment is led by Sequoia India and Southeast Asia — which recently announced a new […]

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Indonesia’s EV Hive raises $20M for its co-working business to rival WeWork

Indonesia’s EV Hive raises M for its co-working business to rival WeWork WeWork is setting its sights on Southeast Asia, but that isn’t stopping local rivals from building up there business. In Indonesia, EV Hive — a co-working brand first started by a VC firm — has pulled in $20 million for […]

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Southeast Asia’s Carro raises $60M for its automotive classifieds and car financing service

Southeast Asia’s Carro raises M for its automotive classifieds and car financing service Carro, an automotive classifieds service and car financing startup based in Singapore, has closed a $60 million Series B round to scale its business in Southeast Asia. The deal was co-led by SoftBank Ventures Korea, Insignia Ventures — the […]

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Southeast Asia’s ShopBack moves into personal finance with its first acquisition

Southeast Asia’s ShopBack moves into personal finance with its first acquisition Singapore-based e-commerce startup ShopBack came on the radar when it raised $25 million last November, and now the company is making its first acquisition. ShopBack said today it has picked up Seedly, a fellow Singaporean startup that offers a personal finance service, in […]

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