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startup

Rural banking start-up secures extra $8.5 million from East Ventures
Tech 3 years ago

PREMIUM
Rural banking start-up secures extra $8.5 million from East Ventures

Surabaya-based Komunal, which focuses on digitizing lenders outside of Jakarta, has secured a funding top-up from Indonesia’s East Ventures.
Indonesia's Xendit expands to Malaysia with investment in Payex
Tech 3 years ago

PREMIUM
Indonesia's Xendit expands to Malaysia with investment in Payex

Financial technology start-up Xendit has established a foothold in Malaysia as it seeks to build a presence across Southeast Asia.
Four scenarios for digital start-ups to navigate uncertain years ahead
Academia 3 years ago

PREMIUM
Four scenarios for digital start-ups to navigate uncertain years ahead

Existing platform businesses, such as e-commerce, may need to face the hard truth of the need to continuously maintain cost efficiency in their current activities.
East Ventures disburses $211m of fund for startups throughout 2022
Companies 3 years ago

East Ventures disburses $211m of fund for startups throughout 2022

East Ventures closed a total of 105 deals in 2022, 85 of which are new portfolio, totaling around US$211 million of funds disbursed to startups in both early and growth stages.
Startups spring from ashes of Big Tech purge
Tech 3 years ago

Startups spring from ashes of Big Tech purge

While overall venture capital (VC) financing fell 33 percent globally to about $483 billion in 2022, early-stage funding was robust, with $37.4 billion raised in so-called angel or seed rounds, in line with the record level seen in 2021, according to data from research firm PitchBook.
A quarter of VC funding goes to climate tech: PwC
Tech 3 years ago

A quarter of VC funding goes to climate tech: PwC

More than a quarter of 2022’s venture capital (VC) funding went straight into climate-technology start-ups’ pockets, a new study finds, signifying a resilient trend in the archetype despite an overall slowdown in tech investment.
Yearender 2022: Revival of small start-ups amid downfall of tech giants
Tech 3 years ago

PREMIUM
Yearender 2022: Revival of small start-ups amid downfall of tech giants

Much of the tech industry had a rough year in 2022 as major companies went through axing sprees. However, smaller-scale start-ups experienced distinctly different fortunes as their fundraising improved.
12 crazy months of 2022: An Asian VC's perspective
Academia 3 years ago

12 crazy months of 2022: An Asian VC's perspective

Naturally, investors have different risk assessments of the global slowdown and inflationary environment. But overall, it feels like a relatively warm winter in our region. 
Yearender 2022: Stormy season for Asian tech behemoths
Tech 3 years ago

PREMIUM
Yearender 2022: Stormy season for Asian tech behemoths

The tech industry saw a handful of ups and downs that stretched to the extremes throughout 2022; from record-breaking initial public offerings (IPOs) to jaw-dropping shares nosedives and layoffs. 
Indonesia's ‘tech winter’ continues as Ajaib announces layoffs
Tech 3 years ago

PREMIUM
Indonesia's ‘tech winter’ continues as Ajaib announces layoffs

Ajaib has become the latest fintech firm to be swept by the wave of layoffs in the local industry, announcing it is reducing its workforce by 67 employees.
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