Daily Markup

Daily Markup #1063: Top stories in August on funding and acquisitions to improve the lives of the unbanked and SMEs in Indonesia and more

August 30, 2024 · 3 min read

More disruption is on Southeast Asia’s doorstep with big moves by Djoin raising seed funding and Komerce acquiring a logistics tech platform to cater to underserved Indonesians. Meanwhile, amid a ‘tech winter’, 500 Global Managing Partner Khailee Ng believes now is the best time to build a company in Malaysia.

Missed our last highlights issue? Check it out here.

Photo credit: Markus Winkler
  • Djoin raises seed funding to help microfinance institutions serve unbanked Indonesians in rural and remote areas
  • Komerce delivers more integrated solutions for e-commerce SMEs in Indonesia with acquisition of RajaOngkir
  • Grab makes dining out more enjoyable across Southeast Asia with expansion of restaurant booking service through acquisition of Chope
  • Tech founders in Malaysia may not find a better time to build their companies, here’s why and how
  • Laka pedals into France to deliver bicycle insurance with no long contracts, lightning-fast claims, and more
  • Halogen Capital aims to increase access to shahriah-compliant digital asset funds beyond Malaysia; eyes US$225M AUM goal
  • Kamarul is not afraid to pivot; from drones to data to AI, his courage and vision is leading Aerodyne’s success
  • CARSOME on track to hit US$20M EBITDA this year; focused on growing profitably and gearing up for future IPO
  • Dagangan’s ‘spider web’ captures the demand of rural Indonesia, multinational companies, and homegrown brands
  • 100+ investor rejections didn’t faze Azran Osman-Rani, and now his company Naluri is improving health & wellness in 5 countries
  • Boxgreen honored as Champion of Good, the highest ranking award for their impactful and holistic contributions in Singapore
  • Notti serves up delicious pet food to unleash the inner foodie and tip-top health in your furry friend
  • Pandai’s Khairul shares how their GenAI-powered study buddy prevents students from cheating and fosters smarter learning
  • Amity Solutions wins ‘The Sauciest Startup’ award for spicing up the Thai tech scene with local talent and creativity

Other stories you may have missed:

  • Grab partnered with TrueMoney in 3 key areas: seamlessly integrating their digital payment systems, offering joint exclusive benefits to their users, and exploring potential collaborations to expand their user bases
  • Naluri collaborated with Gamuda to launch the GLOW (Gamuda Lifestyle & Overall Wellness) programme to offer a range of wellness support services to all Gamuda employees
  • InvestaX and GreenX partnered to provide secondary trading opportunities for security tokens or other digital assets across both Exchange, as well as cross marketing for primary listing opportunities
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