KILDE nets US$350K to introduce new alternative investment products

KILDE, an investment platform regulated by the Monetary Authority of Singapore (MAS), has closed a US$350,000 bridge round.

The financing was joined by serial angel investors, including Murat Abdrakhmanov, Adil Nurgozhin (Co-Founder of UMAY Angels Network), and Olzhas Zhiyenkulov (Founder of Tesla Capital and CEO of Paladigm Capital).

KILDE will use the proceeds to pursue the strategy of becoming a private tech-enabled supermarket for alternative investments — any investments outside of traditional asset classes such as stocks, bonds, or cash.

KILDE will also focus on introducing new investment products that provide hands-off regular income to customers in Southeast Asia and beyond.

Also read: SEA tech founders playbook: A to Z of becoming a fundraising legend (Part 2)

Credit funds, family offices, and high net-worth individuals often use KILDE to discover and invest in high-yield income-generating assets, including private equity, venture capital, hedge funds, private debt, real estate, infrastructure or natural resources. 

Certain alternative assets better target environmental and sustainability goals by enabling access to credit and supporting specific green and socially inclusive projects.

KILDE claims to have recorded a rapid 10x growth in the last quarter of 2021. 

Riliv closes seed funding to expand mental health services in Indonesia

East Ventures has announced a seed investment in Riliv, a mental health service startup based in Indonesia.  

The co-investors are Benson Capital, Sankalpa Ventures, Teja Ventures, Telkom Indonesia (through the Indigo Acceleration programme), and Angel Investor Shweta Shrivastava. 

This investment will be used to expand Riliv’s mental health services to a broader range of sectors, such as the general public who need integrated health services and industries specific to providing access to mental health personnel for employees. 

Also read: How to tackle employee mental health to build a resilient workforce

Founded in 2015 by brothers Audrey Maximillian Herli (CEO) and Audy Christopher Herli, Riliv provides integrated mindfulness content and online counselling services through an application.

The startup claims its user base has grown by up to 400 per cent during the pandemic, both from workers and general users such as students and housewives.

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