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Caregiving startup Homage raises $10 million Series B to enter new Asian markets

Caregiving startup Homage raises million Series B to enter new Asian markets In many countries, an aging population coupled with a low birth rate is increasing the demand for qualified caregivers. In Asia, the need is especially urgent because rapid demographic shifts and changing social structures means family members who traditionally cared […]

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Style Theory, a fashion rental startup in Southeast Asia, raises $15 million led by SoftBank Ventures Asia

Style Theory, a fashion rental startup in Southeast Asia, raises million led by SoftBank Ventures Asia Style Theory, a platform for renting designer apparel in Indonesia and Singapore, announced today it has raised $15 million in Series B funding. The startup says this is the first closing of the round. It was […]

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Market research platform Milieu Insight raises $2.4 million to launch in more Southeast Asian countries

Market research platform Milieu Insight raises .4 million to launch in more Southeast Asian countries Milieu Insight, a Singapore-based market research and data platform, announced today that it has raised $2.4 million in pre-A funding. The round, led by MassMutual Ventures Southeast Asia, will be used on product development and to launch […]

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Southeast Asian real estate portal 99.co agrees to joint venture with iProperty, as their rival PropertyGuru prepares for IPO

Southeast Asian real estate portal 99.co agrees to joint venture with iProperty, as their rival PropertyGuru prepares for IPO Southeast Asian real estate portal 99.co has agreed to form a joint venture with iProperty. As part of the deal, iProperty owner REA Group will invest $8 million of working capital into the […]

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U.S. security experts admit China’s 5G dominance, push for public investment

U.S. security experts admit China’s 5G dominance, push for public investment U.S. security experts are conceding that China has won the race to develop and deploy the 5G telecommunications infrastructure seen as underpinning the next generation of technological advancement and warn that the country and its allies must develop a response — […]

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Accion Venture Lab launches $23M inclusive fintech startup fund

Accion Venture Lab launches M inclusive fintech startup fund Accion Venture Lab—the seed-stage investment arm of non-profit Accion—has raised $23 million for a new inclusive fintech startup fund. The Accion Venture Lab Limited Partnership, as its called, will make seed-stage investments in inclusive fintech startups, defined as ventures that “that leverage technology […]

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YC-backed Eden Farm wants to cut out the middlemen between farmers and restaurants in Indonesia

YC-backed Eden Farm wants to cut out the middlemen between farmers and restaurants in Indonesia Eden Farm is a startup with the ambitious goal of building a food distribution network for Indonesia, where many restaurants currently rely on markets for fresh ingredients. But this means high markups and unreliable supplies for restaurant […]

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Y Combinator-backed Trella brings transparency to Egypt’s trucking and shipping industry

Y Combinator-backed Trella brings transparency to Egypt’s trucking and shipping industry Y Combinator has become one of the key ways that startups from emerging markets get the attention of American investors. And arguably no clutch of companies has benefitted more from Y Combinator’s attention than startups from emerging markets tackling the the […]

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Automotive marketplace Carro acquires Indonesia’s Jualo, extends Series B to $90M

Automotive marketplace Carro acquires Indonesia’s Jualo, extends Series B to M Carro, an automotive marketplace and car financing startup based in Singapore, said it has raised $30 million to extend and close its $90 million Series B financing round and acquired Indonesia-based marketplace Jualo as it looks to further scale its business […]

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SoftBank pumps $2B into Indonesia through new Grab investment, putting it head to head with Gojek

SoftBank pumps B into Indonesia through new Grab investment, putting it head to head with Gojek Grab — the on-demand transportation app that is the Uber of Southeast Asia — today announced yet another investment on top of the $7 billion that it has raised to date. SoftBank is putting another $2 billion […]

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