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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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Indonesian startup Pomona raises $3 million to help brands increase engagement with cashback offers

Indonesian startup Pomona raises million to help brands increase engagement with cashback offers Pomona, an Indonesian startup that creates omnichannel marketing and sales software for consumer brands, announced today it has raised a Series A-2 of $3 million led by Vynn Capital. The round also included participation from new investors Ventech China […]

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Known for its electric scooters, Gogoro moves toward its future as a mobility platform

Known for its electric scooters, Gogoro moves toward its future as a mobility platform Since the launch of its first electric scooter in 2015, Gogoro co-founder and CEO Horace Luke has frequently been asked when the startup is going to expand beyond Taiwan. In its home country, Gogoro’s two-wheel vehicles, with their […]

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Streaming video service Iflix raises more than $50 million led by Fidelity International as it prepares to go public

Streaming video service Iflix raises more than million led by Fidelity International as it prepares to go public Iflix, the streaming video service that competes with Netflix in Southeast Asia and other emerging markets, announced today that it has raised a new round of funding led by Fidelity International, with participation from […]

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White Star Capital eyes Asia growth with new Hong Kong office

White Star Capital eyes Asia growth with new Hong Kong office For western startups looking to enter Asia and Asian startups expanding globally, more funding has become available as investors are increasingly looking to export local tech solutions to overseas markets. Globally based venture capital firm White Star Capital has set up […]

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How a Hong Kong startup gets caught up in US-China trade war

How a Hong Kong startup gets caught up in US-China trade war Taylor Host has been operating his artificial intelligence startup out of Hong Kong for more than two years. The American entrepreneur has clients from Europe, North America and Asia, but he settled in the city for its adjacency to Southeast […]

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Online community theAsianparent raises Series C to add e-commerce and expand into new markets

Online community theAsianparent raises Series C to add e-commerce and expand into new markets TheAsianparent, Southeast Asia’s largest online community and content platform for mothers with 23.5 million monthly active users, announced today that it has raised a Series C led by Fosun Group, the Chinese conglomerate. The amount was undisclosed, but […]

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