Issue #073: Singapore insure-tech, India logistics-tech, Australia’s digital future…
Asia’s tech, startup and funding news in brief, drawn from South & SE Asia, Australia & NZ, with wider-world items for reference. Get the app here
Indonesia: Komunal gains $2.1M Series A with platform allowing rural banks to source 3rd-party funding and… — www.asiatechdaily.com
Indonesia has 1,500 BPRs across the archipelago. Although these BPRs are only allowed to channel credit in their respective provinces, they are allowed to source deposits nationwide — guaranteed by the…
India: Fyp fintech partners YES Bank and Visa for payments app and prepaid card for teenagers — www.businesstoday.in
Fyp said that the aim behind building the app is to help teenagers learn financial management and concepts at an early age. It added that this will give teenagers exposure to digital payments and…
Bangladesh’s Truck Lagbe raises $4M Series A, connecting people and corporates with over 80K owners… — futurestartup.com
Truck Lagbe provides short-haul and long-haul freight trips, with trucks of different sizes, across all 64 districts in Bangladesh. The company connects businesses with truck drivers and fleet owners…
India: Delhivery logistics, supply chain firm partners Startup Réseau, operator of industry-backed accelerators — www.techcircle.in
The lab will utilise the startup community in India to build logistics and supply-chain related solutions. Delhivery is now inviting applications for its inaugural cohort, expected to go live in November…
Singapore: bolttech insurtech startup extends Series A fundraise, backed in part by Economic Development Board — www.businesstimes.com.sg
Started in 2020 with PCG as its founding shareholder, bolttech operates a platform for insurers, distributors and customers to buy and sell insurance and protection products. It serves over 7.7M customers…
Australia: Rush Gold raises $3M Series A with app and platform allowing people to use gold like cash — www.startupdaily.net
Last year Rush Gold’s monthly transaction volumes soared by more than 1000%. The company also launched SMSF and company accounts as well as the Rush Mastercard, in partnership with EML. The…
India: Unocoin adds feature allowing users to top-up FASTag highway toll payment accounts using crypto — www.techcircle.in
Unocoin’s system will only allow Bitcoin payments for topping up FASTag accounts at the moment. The company said that users will be able to make minimum spends of Rs. 100 and maximum of…
Malaysian Global Innovation and Creativity Centre launches MaGICARE startup community care initiatives — www.digitalnewsasia.com
This includes deep support through professional counselling or therapy, convenient and confidential remote therapy sessions, offered by Naluri.
Download: ‘Preparing for Australia’s digital future — A strategic plan for information and communication science, engineering and technology’ — www.science.org.au
Future advances in areas such as data, the internet of things, virtual reality, e-health, automation and smart cities will provide great opportunities for new and existing businesses in Australia. The strategic…
“…bitcoin and other cryptocurrencies has enabled ransomware to become one of the most profitable…” — www.fintechfutures.com
Cyber extortion is a crime like any other, and a crime first and foremost. Enhanced international collaboration is required in law enforcement, as well as greater scrutiny of and better legislation around…
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