Tech Crunch : Focused on smaller cities, Vietnamese social commerce startup Mio raises $8M Series A

TechCrunch.com — Mio, the Vietnamese social commerce platform, has raised an $8 million Series A, less than a year after announcing its seed round. The funding was led by Jungle Ventures, Patamar Capital and Oliver Jung, with participation from returning investors GGV, Venturra, Hustle Fund, iSEED SEA and Gokul Rajaram. TechCrunch first covered Mio at theContinue reading “Tech Crunch : Focused on smaller cities, Vietnamese social commerce startup Mio raises $8M Series A”

Tech In Asia : Golden Gate Ventures co-leads $4m round of Indonesian healthtech firm

TechInAsia.com — Klinik Pintar, an Indonesia-based healthtech startup, raised over US$4.1 million in a series A round led by Golden Gate Ventures and PT Bundamedik, with participation from Skystar Ventures and Sequis Life. Founded by serial entrepreneur Harya Bimo in 2018, Klinik Pintar helps its users book teleconsultations, virtual health services, as well as in-clinic sessions. The companyContinue reading “Tech In Asia : Golden Gate Ventures co-leads $4m round of Indonesian healthtech firm”

Tech Crunch : Open banking startup Finverse wants to build the Asia-Pacific region’s Plaid

TechCrunch.com — Based in Hong Kong, Finverse’s ambitious goal is to enable open banking throughout the Asia-Pacific region. The startup recently came out of stealth mode with $1.8 million in seed funding, and is now live in four markets (Hong Kong, the Philippines, Singapore and Vietnam) with connections to 30 banks. Founder and chief executive officerContinue reading “Tech Crunch : Open banking startup Finverse wants to build the Asia-Pacific region’s Plaid”

Deal Street Asia : Hybrid Model Seen as Way Ahead for Vietnam’s Digital Health Firms Despite Pandemic Boom

DealStreetAsia.com — Even as a slew of healthtech startups in Vietnam has amassed capital from investors to expand their operations, it will take a while for them to carve out the right recipe for success as consumers are still biased towards traditional healthcare. “Healthtech in Vietnam continues to be a work-in-progress. To fully realize itsContinue reading “Deal Street Asia : Hybrid Model Seen as Way Ahead for Vietnam’s Digital Health Firms Despite Pandemic Boom”

Business Times : Offering access to education and a ticket to a better life

BusinessTimes.com.sg — RUANGGURU co-founder Iman Usman is a firm believer that access to education is a ticket to improving one’s quality of life. Hailing from Padang, a small city in West Sumatra far from Indonesia’s capital, Usman is the youngest of six children and the first in his family to graduate from college. “There is aContinue reading “Business Times : Offering access to education and a ticket to a better life”

CompassList : Southeast Asian startups to keep riding digitalization, IPO boom, investors say

CompassList.com — E-commerce and related verticals like payments and logistics will continue to net the bulk of funding in Southeast Asia for at least the next two years, VCs say, as more local consumers go online and businesses digitalize. Sectors that boomed during the Covid-19 pandemic, such as edtech and healthtech, are also seen gainingContinue reading “CompassList : Southeast Asian startups to keep riding digitalization, IPO boom, investors say”

VIR : Promise More Than Evident in Vietnam’s Edtech Fortunes

Over the past years, Vietnam’s edtech industry has experienced significant growth. Catalyzed by the pandemic, the blue ocean quickly filled by new players that understood the value of education and good online education quality. One of the players namely Marathon Education, aims to fill the gap by providing live online classes for better engagement and also ensuring that students understood and are able to study well.

Bloomberg : Naspers-Backed Crypto Luno Acquired by Digital Currency Group

Bloomberg.com — Naspers Ltd.-backed cryptocurrency exchange Luno has been acquired by New York-based digital asset investment firm Digital Currency Group, according to a company release seen by Bloomberg. Terms of the deal were not disclosed. DCG has backed more than 160 blockchain companies and is the parent of units including asset manager Grayscale Investments, crypto broker GenesisContinue reading “Bloomberg : Naspers-Backed Crypto Luno Acquired by Digital Currency Group”

BeritaSatu : Bundamedik Collaborates with Klinik Pintar to Develop Quality Health Services

BeritaSatu.com — PT Bundamedik Tbk (BMHS) together with Klinik Pintar signed a memorandum of understanding (MoU) of a partnership in an effort to develop the quality of health services at Klinik Pintar partners. This collaboration is in realizing various clinical development programs with clinical partners through the provision of laboratory services, hospital referrals, the formation ofContinue reading “BeritaSatu : Bundamedik Collaborates with Klinik Pintar to Develop Quality Health Services”

Business Times : Indonesia Startups Should Build on Home Turf, Say Panellists

John Riady, our Managing Partner joined Wilson Cuaca, Managing Partner at East Ventures, Jeffrey Seah, Partner for the Asia Fund at venture firm Quest Ventures, and Jonathan Sudharta, CE and Co-founder of Halodoc in a discussion about investing in Indonesia’s digital economy.