This week’s funding news:
- Career platform Glints has raised US$22.5 million in a Series C funding in what its co-founder and CEO Oswald Yeo says is the largest funding round to date for a talent platform in Southeast Asia. Read the full story on Daily Markup here.
- Friz, a fintech startup focused on financial services for freelancers, has raised an undisclosed amount in pre-seed funding. More details here.
- Xfers’ tokenized Singapore dollar (XSGD), built on the Zilliqa blockchain, is the third-largest tokenized currency after the US dollar and the euro. Read more here.
Startups that team up:
- e-commerce startup Bukalapak announced a series of collaborations with multiple Indonesian FMCG companies, including Unilever, Danone, and Coca-Cola Amatil, in a commitment to focusing on distribution services and stock availability for Mitra Bukalapak partners. Details on the collaborations here.
- B2B e-commerce startup Retailo has partnered with Maersk, a global logistics company, for warehousing services in Pakistan, enabling Retailo to rely on Maersk for its expanding business needs.
- Digital signage startup Enplug has been acquired by Spectrio, a marketing solutions provider based in Florida, US. Get the details here.
- Supply chain startup Escavox worked with Purfresh on a solution to create a true end-to-end farm to destination service by providing real-time cargo monitoring services. Read about the partnership here.
On knowledge sharing:
- Recruitment platform Glints released a Southeast Asia Tech Talent Compensation Report, from an analysis of over 1,000 data points, survey of 175 employees, and interviews with more than 20 founders in Singapore, Indonesia, and Vietnam.
- Earlier this year, e-commerce startup Carousell launched the Carousell Media Group, a marketing platform for Carousell’s brands. Read our summary of its feature in KrAsia here.
Other stories you may have missed:
- Deeptech startup Transcelestial and drone startup Aerodyne have been selected to join Batch 3 of the Thailand Smart Cities Program.
- Val Yap, founder and CEO of PolicyPal, has been elected to form the new executive committee at the Singapore Fintech Association.
- Aquaculture startup eFishery collaborates with KawanCicil to support the growth of the aquaculture sector in Indonesia in a strategic partnership valued at ~US$6.8 million.
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