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Morning News Roundup: Singapore’s VC firm Reapra backs Thai edutech startup Quest

 

Singaporean VC firm Reapra backs Thai edutech startup Quest

Quest, a Thailand-based coding education platform, has just received backing from a Singapore-based VC firm Reapra and angel investors, according to TechInAsia. The amount raised is a six-digit undisclosed seed amount.

The newly-added capital will be used to further enhance its platform to create a full-stack automated teaching curriculum which will be using blockchain.

The startup has already had a history of receiving US$80,000 in grants from Depa and TED funds for its app.

Quest is looking to raise more funds from Reapra, Depa, and another investor by Q4 2020.

Indian on-demand mobility startup Vogo raises US$20 million for regional expansion

Vogo, an on-demand mobility startup announced today that it has raised US$20 million from Matrix Partners India, Kalaari Capital and Stellaris Venture Partners according to Economic Times.

The fresh funds will be used by the startup to expand regionally and strengthen its IoT technology. The company which provides on-demand scooter rentals claims to have more than 2.5 million users across India.

Also Read: How agritech is transforming life of Indonesian farmers

“There is a large opportunity to disrupt the market with the right offering and a sustainable model. Our growth has been on the back of our unique strengths of having a dock-based model… using IoT tech,” said Anand Ayyadurai, CEO of Vogo.

Image Credit:  Aaron Burden

 

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