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Indonesia

TNB Aura closes $22.7M fund to bring PE-style investing to Southeast Asia’s startups – TechCrunch

TNB Aura, a recent arrival to Southeast Asia’s VC scene, announced today that it has closed a maiden fund at SG$31.1million, or around US$22.65 million, to bring a more private equity-like approach to investing in startups…

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Indonesia e-commerce leader Tokopedia raises $1.1B from Alibaba and SoftBank’s Vision Fund – TechCrunch

Indonesia-based e-commerce firm Tokopedia is the latest startup to enter the Vision Fund after it raised $1.1 billion Series G round led by the SoftBank megafund and Alibaba. SoftBank and Alibaba are existing investors in…


China’s JD.com teams up with Intel to develop ‘smart’ retail experiences – TechCrunch

Months after it landed a major $550 million investment from Google, China’s JD.com — the country’s second highest-profile investor behind Alibaba — has teamed up with another U.S. tech giant: Intel. JD and Intel said…


Netflix rival Iflix launches $5M search for up-and-coming filmmakers in Asia – TechCrunch

Netflix is increasing its efforts in Asia after it commissioned more local content and began testing more aggressive price points, but one local rival is hitting back with a program to spotlight promising creators in the region….


Experian leads $10M investment in Southeast Asia fintech startup Jirnexu – TechCrunch

Consumer credit giant Experian is continuing to back Asian fintech startups after it led a $10 million investment in Southeast Asia’s Jirnexu . Jirnexu, which is headquartered in Kuala Lumpur, operates financial comparison services in Malaysia…


Topica raises $50M for its online learning services in Southeast Asia – TechCrunch

Vietnam’s startup ecosystem is making forward progress. Just a week after 500 Startups’ local entity closed a $14 million fund for early-stage investments, one of the country’s elder statesmen of startups — educational service Topica…


Cross-border fintech startup Instarem raises $20M for global expansion – TechCrunch

Instarem, a Singapore-based startup that helps banks transfer money overseas cheaply, has raised a Series C round of over $20 million for global expansion. The round is led by MDI Ventures — the VC arm…



Nigerian data analytics company Terragon acquires Asian mobile ad firm Bizense – TechCrunch

More posts by this contributor Africa Roundup: Local VC funds surge, Naspers ramps up and fintech diversifies Tarform debuted new e-motorcycles but is there a U.S. market? Nigerian consumer data analytics firm Terragon Group has acquired Asian mobile…


Grab pulls in $250M from Hyundai as ongoing round reaches $2.7B – TechCrunch

Grab, the Singapore startup that bought Uber’s Southeast Asia business earlier this year, continues to announce strategic investors for its ongoing Series H funding round. The latest edition revealed today is Korean automotive firm Hyundai,…