SEA Ecosystem
Indonesia’s Traveloka begins South-East Asian voyage
Indonesia'sTraveloka has begun to venture into other South-East Asian (SEA) countries this year with the opening of regional offices in Malaysia, Thailand, Singapore, the Philippines and Vietnam.
HappyFresh raises fresh round of funding, more than US$12mil
Online grocery platform HappyFresh has successfully raised a fresh round of funding led Samena Capital, with existing investors Vertex Ventures, SinarMas Digital Ventures and Endeavor Catalyst also taking part.
KK Fund’s Fund II powered by continued Japanese interest in SEA
Singapore-based KK Fund has closed an undisclosed amount for its second venture fund, with the brother of Softbank founder Masayoshi Son being one the Japanese investors in the round, reports Karamjit Singh.
Week in Review: foodpanda’s focus on profitability is something to chew on
Having raised US$310mil over the four years of its existence, foodpanda’s focus on profitability has Karamjit Singh pondering, and wondering if Khailee Ng is wrong about his ‘feeding frenzy’ prediction.
Izmus aims to connect the ecosystems in Israel and Singapore
Izmus aims to connect Israeli startups and companies with Singapore investors so that these companies can use the Lion City as a regional launchpad.
Golden Gate Ventures secures US$60mil for Fund II
Singapore-headquartered Golden Gate Ventures has secured US$60 million for its second early stage venture fund; with founding partner Vinnie Lauria arguing that Vietnam is the most under-rated economy in SEA.
Week in Review: SEA ecosystem shrugs off MOL’s delisting
Despite months of down or flat funding rounds, the SEA ecosystem has shrugged off news of MOL Global’s delisting to power ahead with Ninja Van’s Series B funding, writes Karamjit Singh.
MOL delisting won’t hurt SEA startup ecosystem
The delisting of MOL Global Inc from Nasdaq is not expected to cast a dark cloud over the South-East Asia tech startup ecosystem, as the region still promises high growth potential.
SEA countries lax on IoT security: Intel study
A survey on South-East Asian IT leaders’ outlook on the Internet of Things and its impact on the security strategy of the business has found very low levels of awareness and concern.
Post-acquisition, it’s ‘business as usual’ for iPay88
Japan’s NTT Data sees its acquisition of a majority stake in Kuala Lumpur-based regional online payment systems provider iPay88 Sdn Bhd as marking its serious entry into South-East Asia, while it would be “business as usual” for the Malaysian company.
