Zilingo CEO Ankiti Bose
Voyager Innovations raises US$210M, turns unicorn
Investors include SIG Venture Capital, EDBI, First Pacific Company, PLDT, KKR, Tencent, and IFC; Voyager will continue to expand PayMaya’s offering with new products such as cryptocurrency, micro-investments, and insurance.
JULO raises US$80M from Credit Saison to further expand in Indonesia
JULO is one of the earliest in Indonesia to offer virtual credit card services; For Credit Saison, the investment is aimed to accelerate its expansion to the Indonesian market.
Zilingo reportedly suspends CEO amid probe into financials
Potential investors have reportedly launched an investigation into Zilingo’s financial practices, as the company’s auditor has questioned the firm’s accounting records; The probe centres around the business’ transactions and revenue across its platform.
US2.ai secures US$15M Series A to automate fight against heart disease
Investors include IHH Healthcare, Heal Partners, Pappas Capital, Sequoia India, EDBI, and Partech Ventures; US2.ai will use the funds to drive its growth targets for clinical implementation in the US, Europe and Asia.
Indonesia’s Xendit set to acquire 2 local financial firms
The firms are Globalindo Multi Finance and Emas Persada Finance; Payment gateway startup Xendit entered the unicorn club after raising US$150M from Tiger Global, Accel, Amasia, and Goat Capital in September 2021.
Animoca Brands to buy French blockchain game studio Darewise Entertainment
It will speed up game development and combine high-budget game production with blockchain, NFTs, and P2E elements; Co-founded by 2 ex-Ubisoft employees, Darewise Entertainment’s first game, Life Beyond, is in development.
These two Singapore startups lending a helping hand to Ukrainians displaced by Russian invasion
Ahrefs has managed to raise US$1.3M for people in the war-torn country whereas Xctuality offers jobs to techies affected by the conflict.
GoTo commissioner invests US$4.87M in AnterAja
Following this, Garibaldi Thohir owns 10 per cent stake in the express delivery firm; AnterAja is a subsidiary of and a major contributor to Indonesian logistics player ASSA.
Alpha JWC backs US$2M seed round of Vietnam’s Aemi
Aemi is an online social commerce platform that works with retailers of beauty and wellness goods, directly connecting social commerce entrepreneurs to Southeast Asian brands.
Singapore’s The Esports Players League taps YGG SEA for NFT gaming
Through the partnership, ESPL looks to generate over 300K gamers in the crypto space; It plans to achieve this by organising tournaments involving metaverse and NFT games, including Sky Mavis’ Axie Infinity.
Fomo Pay becomes first DPT licensee to add crypto support
Starting with luxury retailers, businesses can now accept cryptocurrencies with the new service; The service will have support for a range of different cryptocurrencies, including Bitcoin and Ethereum, and stablecoins such as USD Coin and Tether.
ESG startup GoImpact raises Series A funding
Investors include Oriental Watch Group; The company provides case-based, experiential learning courses, which are crafted and delivered by experts, aiming to drive the sustainability agenda.
Line launches NFT marketplace in Japan
Called Line NFT, available tokens on the platform include comedy works and character videos; Users can then keep their digital assets using Line Bitmax Wallet and trade them with contacts through the messenger app itself.
How Indonesian e-commerce players are attracting lower-tier customers?
Startups such as Mitra Bukalapak and GrabKios are trying to digitise local mom-and-pop stores, or social commerce players such as Chilibeli, RateS, and KitaBeli that utilise agents in the area to market their products.
DIBIZ aims to digitalise palm oil trading, prevent ‘greenwashing’ using a blockchain-powered marketplace
Every quantity of product on DIBIZ has immutable data to authenticate sustainability, conforming to many global standards, specifically NDPE.
SG
Diamond Protocol banks US$500K in fresh funds led by Tokocrypto, IVC
It is a codeless, modular vault protocol that aims to bridge the gap between traditional and crypto-native investors by providing them with a platform where traders can deploy their investment strategies with on-chain liquidity.
The post Ecosystem Roundup: Zilingo reportedly suspends CEO, PayMaya parent rakes in US$210M, JULO raises US$80M appeared first on e27.