{"id":3251,"date":"2022-06-02T15:07:20","date_gmt":"2022-06-02T07:07:20","guid":{"rendered":"https:\/\/dailymarkup.com\/?p=3251"},"modified":"2022-06-02T15:07:21","modified_gmt":"2022-06-02T07:07:21","slug":"daily-markup-515-ringkas-raises-us2-3m-for-the-housing-problem-imotorbike-rides-the-trend-of-preloved-motorbikes-espl-launches-p2e-tournament","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=3251","title":{"rendered":"Daily Markup #515: Ringkas raises US$2.3M for the housing problem; iMotorbike rides the trend of preloved motorbikes; ESPL launches P2E tournament"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/QJ1xHbYWmUeU1MsuH3s0r_xI0-NmgPcZn2sM4sYw5nZi1n50PARifO2arx-Pei2szA-8FBb6KqzqmaY1gvLlcVdSLlVb8KWMsRU3fIGMMBXzC9lIvBTF3H2MscMpWm7CG313VEiMSqcB4t_zaw\" alt=\"\" \/><figcaption>Credit: Ringkas<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Home is where the heart is<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>500-backed <a href=\"https:\/\/ringkas.co.id\/\">Ringkas<\/a>, a digital mortgage platform aiming to solve the housing problem, raised US$2.3M in pre-seed funding. It targets to bring together a community of millions of home seekers, 12,000+ developers, and 1,200+ banks and financial institutions in Indonesia.<\/li><li>How? \u201cThe secret sauce to unlocking this opportunity is to leverage technology to connect all the players in the industry in a simple, fast, and customer-obsessed way,\u201d said Co-founder Ilya Kravtsov.<\/li><li>Khailee Ng, Managing Partner at 500 Global, commented, \u201cShelter is a basic physiological need that every person should have access to. It unlocks the pursuit of entrepreneurship, career ambition, family, education, and more. Homeownership has been a building block for the advancement of economies, and this is why we believe Ringkas\u2019 application of financial technology to homeownership has the potential to be a multi-billion dollar journey with massive social impact.\u201d<\/li><li>Ringkas will use the fresh funds to launch its platform in collaboration with Ciputra Group, the largest property developer in Indonesia. Over the next 6-12 months, the company plans to onboard 10,000 home seekers.<\/li><li>Congratulations to the Ringkas team!<\/li><li>Read the full story on <a href=\"https:\/\/e27.co\/ringkas-raises-us2-3m-pre-seed-round-to-create-100m-new-homeowners-in-sea-20220531\/\">e27<\/a>.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/aCIh7SCI3aNIGHnSBL3zIjH4_qDquB6bsgUzbwsRcQ3ET25bT_vUHL94kU6L0mMwfdqWQxkF7aArFhPsg6g6QH_ahYizu8B308qzIBeoD2zjIgndm0pruIQ74D32mXguGmeZbMZ5Jj0puVUcmA\" alt=\"\" \/><figcaption>Credit: <a href=\"https:\/\/unsplash.com\/es\/@joshrh19?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\">Joshua Rawson-Harris<\/a> on<a href=\"https:\/\/unsplash.com\/s\/photos\/motorbikes-asia?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\"> Unsplash<\/a><\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Riding the preloved trend<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The states of Penang, Johor, and Kelantan in Malaysia are seeing an uptick in the buying and selling of motorbikes online. 500-backed <a href=\"https:\/\/imotorbike.my\/en\/\">iMotorbike<\/a> is riding the trend and <a href=\"https:\/\/www.nama.com.my\/VIDEO\/TVCLIP\/MAGI\/20220511_T60_TV3-0530PM_5.MP4\">plans to open 10 inspection centers<\/a> in these states over the next 12 months.<\/li><li>At these centers, motorbikes will undergo 170 inspection points to ensure that pre-loved motorcycles are roadworthy.<\/li><li>\u201cWe also want to give more job opportunities with the availability of these service centers as we need more mechanics and inspection officers,\u201d said Co-founder &amp; CMO Sharmeen Looi.<\/li><li>Recently, the company saw a 70x month-to-month growth in transactions. \u201cIn 3 years, we expect to see a 20% growth in preloved motorbike sales via our platform. Overall in Malaysia, we expect to see 8% annual growth,\u201d <a href=\"https:\/\/www.nama.com.my\/VIDEO\/TVCLIP\/MAGI\/20220506_T60_TV3-0530PM_1.MP4\">Sharmeen commented<\/a>.<\/li><li>Watch the full interview on <a href=\"https:\/\/www.nama.com.my\/VIDEO\/TVCLIP\/MAGI\/20220511_T60_TV3-0530PM_5.MP4\">TV3<\/a>.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/G5lXr0fX6y4YjAVKaNW9z0bbcEHa21JjHa3c4URNOJGPIqAGzTmrHBGYY74qtRO_uYyXrluu7viGcckD7pxnJUTObeRs8nrajwZmpfVK0-oCN6EH6zjBW8nlTF6HvwvIW2nYOo4XITy_Nyx-iQ\" alt=\"\" \/><figcaption>Credit: GLYFE<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Press start to play<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>It\u2019s time for fun, games, and big prizes! 500-backed <a href=\"https:\/\/espl.co\/\">Esports Players League (ESPL) <\/a>launched Malaysia Infinity Nationals 2022 in collaboration with Yield Guild Games Southeast Asia (YGG SEA).<\/li><li>Targeting over 500 participants, the two companies said that the Axie Infinity tournament will be a stepping stone for the Play-2-Earn (P2E) community to expand into cryptocurrency.<\/li><li>The event also aims to bring forth a new era of competitive gaming in the Malaysian e-sports ecosystem and P2E community.<\/li><li>In addition to providing a platform to foster new connections, ESPL and YGG SEA said the tournament will allow everyone to create more value for the investments made through in-game activities, and gain rewards like additional cryptocurrency or Non-Fungible Tokens (NFTs).<\/li><li>Read the full article <a href=\"https:\/\/gaminglyfe.com\/malaysia-infinity-nationals-2022-tournament-revealed\/\">here<\/a>.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Home is where the heart is 500-backed Ringkas, a digital mortgage platform aiming to solve the housing problem, raised US$2.3M in pre-seed funding. It targets to bring together a community of millions of home seekers, 12,000+ developers, and 1,200+ banks and financial institutions in Indonesia. How? \u201cThe secret sauce to unlocking this opportunity is to [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":3252,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[344,331,527],"class_list":["post-3251","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-espl","tag-imotorbike","tag-ringkas"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Markup #515: Ringkas raises US$2.3M for the housing problem; iMotorbike rides the trend of preloved motorbikes; ESPL launches P2E tournament - Markup<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailymarkup.com\/?p=3251\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Markup #515: Ringkas raises US$2.3M for the housing problem; iMotorbike rides the trend of preloved motorbikes; ESPL launches P2E tournament - Markup\" \/>\n<meta property=\"og:description\" content=\"Home is where the heart is 500-backed Ringkas, a digital mortgage platform aiming to solve the housing problem, raised US$2.3M in pre-seed funding. 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