Vietnam’s Finhay raises funding to help millennials make better financial decisions
Finhay, a wealth management platform in Vietnam, has raised an undisclosed funding from Jeffrey Cruttenden, Co-founder of American micro-investing platform Acorns, and Thien Viet Securities Company.
The startup, which helps millennials micro-invest in mutual funds in Vietnam starting from US$2.30, will use the money to expand market reach, enhance produce and for hiring.
Finhay also plans to invest in initiatives to provide Vietnamese people with the necessary knowledge on wealth management.
DailySocial.id launches fully online incubator DSLaunchpad with 100 startups
Indonesian tech news platform DailySocial.id has launched a fully online incubator called DSLaunchpad.
According to the company, it will incubate 100 tech startups completely remotely.
The programme will begin on April 20 and continue for four weeks until May 15.
The application submission is open from today until April 10 on Orchestra DSLaunch platform.
“We saw the imbalances between the events and tech education programme, as well as startups in Jakarta and other provinces. The main goal of DSLaunchpad is to give chance to every Indonesian to become startup founders,” said CEO Rama Mamuaya.
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The mentors are Kevin Aluwi (Co-CEO, Gojek), Fajrin Rasyid (President, Bukalapak), Izak Jenie (CEO, Jas Kapital), Dyota Marsudi (Executive Director, Vertex Ventures), Dondy Bappedyanto (CEO, Biznet Gio), and Andy Zain (Partner, Kejora Ventures).
East Ventures, BRI Ventures, and MDI Ventures will be the VC partners in DSLaunchpad.
Bollywood star Aamir Khan reportedly invests in furniture rental startup Furlenco
Furlenco, a Bengaluru-based startup that offers online subscription-based furniture rental service, has raised US$10 million in a new round of financing.
Investors in the round include Vivriti Capital, Lightbox and undisclosed high-net-worth individuals and family offices.
According to local media, Indian move star Aamir Khan also invested in the company.
With the new round of funding, the company targets a more sustainable growth with an expectation of being fully profitable in the next 12 to 18 months.
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Image Credit: Sharon McCutcheon, Daily Social, Furlenco
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