Asia’s tech news #137: Vietnam blockchain VC, Indonesian SME e-commerce, Singapore’s AI insuretech…

In this issue: Getting Indonesia’s small merchants online, artificial intelligence in insurance, Taiwan’s electric vehicle battery-swapping, India’s Chips to Startup Programme, funding for blockchain tech startups in Vietnam…

Indonesia: Lummo raises $80M with Shopify-like platform helping small merchants get onlinewww.bloomberg.com

Indonesian software startup Lummo, formerly known as BukuKas, raised $80 million in a round led by Tiger Global and Sequoia Capital India to expand its…

Philippines: BillEase raises $11M Series B with buy-now-pay-later servicestechcrunch.com

Buy now, pay later (BNPL) startups are proliferating around the world and the Philippines is no exception. Today, one of the country’s biggest BNPL providers, BillEase, announced it has raised an $11 million…

Singapore’s Protos Labs takes Asia Star award with AI-assessed insurance-techkr-asia.com
Meet Protos Labs, the Asia Star of the Alibaba Cloud x KrASIA Global Startup Accelerator joint Singapore-Thailand Demo Day.

Taiwan’s Gogoro and EV batteries: “…our system is really like a vending machine…”www.phnompenhpost.com

Now eyeing regional expansion and a New York listing, Gogoro has more than 2,300 stations outside convenience stores or in car parks across Taiwan, where e-moped riders stop to exchange…

Singapore: Web3Auth secures $13M, leveraging social accounts to simplify crypto onboardingtechcrunch.com

Web3 is seen as the future of the internet because it allows people to control their own data and digital assets, but crypto developers have been…

Cisco Global Problem Solver Challenge 2022 / applications open now
Cisco Global Problem Solver Challenge 2022 / applications open now

Singapore: Haulio raises $7M in Series A round with on-demand platform for ‘first mile’ logisticsvulcanpost.com

Last June, Haulio also partnered with shipping and logistics global leader CMA CGM to move its containers on the major inland corridor of Laem Chabang and Lat Krabang, thus significantly…

India: Ministry opens Chips to Startup Programme, aiming to train 85K engineerswww.news18.com
C-DAC (Centre for Development of Advanced Computing), a scientific society operating under MeitY, will serve as the nodal agency for the programme.

Australia: Zetifi, aiming to deliver farm-wide wi-fi using tractors, trucks and passenger vehicleswww.beefcentral.com

A university research collaboration with Australian agtech start-up Zetifi is aiming to deliver farm-wide wi-fi using tractors, trucks and passenger vehicles as roaming access points within 18 months…

Vietnam: Funverse Capital unveils first $10M investment fund for blockchain-focused tech startupswww.yahoo.com

Funverse Capital announced its first $10 million-sized investment fund for blockchain-focused tech startups capable of driving profound impact on the fintech and gaming industry. The capital fund…

Music opportunity in gaming: “…34% hear music in a game and then look it up online to stream or buy…”www2.deloitte.com
For younger gamers, music is a big part of the experience. This opens up more opportunities for partnerships between music and gaming companies.

PwC Annual Global Crypto Tax Report 2021 (pdf)
PwC Annual Global Crypto Tax Report 2021 (pdf)

Today: Twitter / LinkedIn / Facebook / App

Connect: On LinkedIn // Past editions // Like it? Buy me a coffee

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
WK Wright

All things tech, startup & funding: Short form for the time-poor at Startup News Asia