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

Tech Crunch : Vietnam After-school Learning Startup Marathon Raises $1.5M Pre-seed Round

Venturra Discovery participates in the Pre-seed funding of Marathon Education led by Forge Ventures. Marathon Education is a live online tutoring classes serving kindergarten to year 12 students in Vietnam.

Jakarta Globe : Indonesia’s IPO Rush to Start ‘A Golden Decade’ in Tech

Our own Raditya Pramana shares his thoughts on the new wave of Tech IPOs, ignited by Bukalapak’s IPO and soon to follow, GoTo and Traveloka. Will the IPOs affect Indonesia’s tech ecosystem? What happens after the IPO?

Deal Street Asia : Bullish Investors Spot Big Promise in Southeast Asia’s Earned Wage Access Startups

Earlier this year, Venturra participated in Nano Technologies (VUI App)’s $3 million Seed round, an earned wage access (EWA) startup focused in Vietnam alongside Golden Gate Ventures and other participating investors. The model allows workers to access their wage as soon as they have earned it. With this salary-on-demand model, workers do not have to wait until the end of the month for their pay cheques and struggle to make the ends meet. The model that has been long adopted in the US is now spreading across SEA with Indonesia’s own wagely, GajiGesa, Malaysia’s HariGaji, Singapore’s CircoPay, etc.

Tech Crunch : Vietnamese Investment App Infina Lands $2M Seed Round from Venturra Discovery, Saison Capital, 500 Startups and Other Investors

Infina is an investment app based in Vietnam that offers passive investing in various asset classes such as savings accounts, term deposits, fractionalized real estate and mutual funds. With Vietnam’s young population and new generation of retail investors, brings new opportunities for a new emerging market for Infina to explore.

Tech Crunch : Automotive Marketplace Carro Hits Unicorn Status with 360M Series C Led by Softbank Vision Fund 2

TECHCRUNCH.COM — Carro, one of the largest automotive marketplaces in Southeast Asia, announced it has hit unicorn valuation after raising a $360 million Series C led by SoftBank Vision Fund 2. Other participants include insurance giant MSIG and Indonesian-based funds like EV Growth. About 90% of vehicles sold through Carro are secondhand, and it offers services thatContinue reading “Tech Crunch : Automotive Marketplace Carro Hits Unicorn Status with 360M Series C Led by Softbank Vision Fund 2”

Tech Crunch : Siloam Hospital Group Joins MDI and TPFT in Prixa’s $3M funding

Prixa is a platform that offers AI health assistant, telemedicine consultations, pharmacy deliveries, and on-demand lab diagnostics. Prixa partners up with insurance providers and corporations to make a more cost efficient healthcare.