By:
On:
In: Funding

Ruangguru, the Indonesian educational technology startup with a focus on education-based services, confirmed on Thursday that it had raised US$150 million in a Series C financing round led by General Atlantic, a New York-headquartered private equity firm that manages approximately US$35 billion in assets globally, and GGV Capital, a California-based…Continue Reading

By:
On:
In: Funding

Two American celebrity-backed venture capital firms have participated in the extension of Kopi Kenangan’s US$20 million Series A funding round, the Indonesian coffee chain startup recently announced. Arrive, which is backed by American hip-hop artist Jay-Z’s Roc Nation, and Serena Ventures, the venture capital firm founded by American tennis champion…Continue Reading

By:
On:
In: Funding

Resdi, the Myanmar-based restaurant booking app startup, had recently gotten a US$25,000 investment from Phandeeyar Accelerator, the Yangon-based technology seed accelerator that offers training and funding for emerging startups. In an announcement by Phandeeyar, Resdi is just one of the many pre-seed and seed-stage Myanmar startups that the accelerator is…Continue Reading

By:
On:
In: Startups

As the world’s global population grows day by day, thus putting more strain on Earth’s depleting resources, new sustainable and ecological-minded solutions have to be found in order to meet the challenges of feeding and maintaining a global population that is expected to grow to 8.5 billion by 2030 from…Continue Reading

By:
On:
In: Funding

Vietnam-based business-to-business (B2B) e-commerce startup Telio recently announced that it had secured US$25 million in a Series A funding round led by investment firm Tiger Global, which was founded by Charles Coleman in 2001 and manages US$4.4 billion worth of assets to date. Other participants of the fundraise include global…Continue Reading

By:
On:
In: Funding

Early-stage venture capital firm Kinesys Group, which has a focus on the startup ecosystem of Indonesia, recently announced that it intends to establish a fund of US$20 million aimed at supporting early-stage startups in Indonesia’s startup landscape, especially those active in the consumer retail space. Besides the announcement of its…Continue Reading