{"id":76,"date":"2021-04-09T00:00:00","date_gmt":"2021-04-09T00:00:00","guid":{"rendered":"https:\/\/markupbackup.wordpress.com\/2021\/07\/21\/durians-daily-230-this-weeks-top-stories-on-funding-news-from-glints-and-friz-xfers-major\/"},"modified":"2021-08-03T08:56:39","modified_gmt":"2021-08-03T08:56:39","slug":"durians-daily-230-this-weeks-top-stories-on-funding-news-from-glints-and-friz-xfers-major","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=76","title":{"rendered":"Daily Markup #230: This week\u2019s top stories on funding news from Glints and Friz, Xfers\u2019 major milestone with its tokenized currency, and more"},"content":{"rendered":"<figure class=\"wp-caption\"><img decoding=\"async\" data-width=\"1600\" data-height=\"1201\" src=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/img_60f7dacf1e9bd.jpg\"><figcaption class=\"wp-caption-text\">Credit: The Business\u00a0Times<\/figcaption><\/figure>\n<p><strong>This week\u2019s funding news:<\/strong><\/p>\n<ul>\n<li>Career platform <a href=\"https:\/\/glints.com\/\" target=\"_blank\" rel=\"noopener\">Glints<\/a> has <a href=\"https:\/\/techcrunch.com\/2021\/04\/05\/singapore-based-career-platform-glints-gets-22-5m-in-series-c-funding\/\" target=\"_blank\" rel=\"noopener\">raised US$22.5 million<\/a> 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 <a href=\"http:\/\/bit.ly\/duriansdaily228\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/li>\n<li><a href=\"https:\/\/usefriz.com\/\" target=\"_blank\" rel=\"noopener\">Friz<\/a>, a fintech startup focused on financial services for freelancers, has <a href=\"https:\/\/e27.co\/friz-raises-seed-funding-from-yc-500-durians-to-help-freelancers-better-manage-their-finances-20210405\/\" target=\"_blank\" rel=\"noopener\">raised an undisclosed amount<\/a> in pre-seed funding. More details <a href=\"http:\/\/bit.ly\/duriansdaily227\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/li>\n<\/ul>\n<p><strong>Major milestones:<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/www.xfers.com\/\" target=\"_blank\" rel=\"noopener\">Xfers<\/a>\u2019 tokenized Singapore dollar (XSGD), built on the Zilliqa blockchain, is the <a href=\"https:\/\/www.fxstreet.com\/cryptocurrencies\/news\/zilliqa-utility-hits-new-milestones-while-zil-price-prepares-for-45-blast-off-202103231119\" target=\"_blank\" rel=\"noopener\">third-largest tokenized currency<\/a> after the US dollar and the euro. Read more <a href=\"http:\/\/bit.ly\/duriansdaily226\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/li>\n<\/ul>\n<p><strong>Startups that team up:<\/strong><\/p>\n<ul>\n<li>e-commerce startup <a href=\"https:\/\/www.bukalapak.com\/\" target=\"_blank\" rel=\"noopener\">Bukalapak<\/a> announced a series of <a href=\"https:\/\/blog.bukalapak.com\/berita\/bukalapak-collaborates-with-market-leaders-in-fmcg-in-indonesia-114216\" target=\"_blank\" rel=\"noopener\">collaborations with multiple Indonesian FMCG companies<\/a>, 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 <a href=\"http:\/\/bit.ly\/duriansdaily226\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/li>\n<li>B2B e-commerce startup <a href=\"https:\/\/retailo.co\/\" target=\"_blank\" rel=\"noopener\">Retailo<\/a> has <a href=\"https:\/\/www.maersk.com\/news\/articles\/2021\/03\/31\/retailo-signs-up-strategic-partnership-with-maersk\" target=\"_blank\" rel=\"noopener\">partnered with Maersk<\/a>, a global logistics company, for warehousing services in Pakistan, enabling Retailo to rely on Maersk for its expanding business needs.<\/li>\n<li>Digital signage startup <a href=\"https:\/\/www.enplug.com\/\" target=\"_blank\" rel=\"noopener\">Enplug<\/a> has been <a href=\"https:\/\/www.businesswire.com\/news\/home\/20210330005928\/en\/Spectrio-Acquires-Enplug\" target=\"_blank\" rel=\"noopener\">acquired by Spectrio<\/a>, a marketing solutions provider based in Florida, US. Get the details <a href=\"http:\/\/bit.ly\/duriansdaily227\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/li>\n<li>Supply chain startup <a href=\"https:\/\/www.escavox.com\/\" target=\"_blank\" rel=\"noopener\">Escavox<\/a> worked with Purfresh <a href=\"https:\/\/www.freshplaza.com\/article\/9305596\/combined-technologies-allow-customers-to-make-real-time-decisions-while-produce-is-on-land-or-water\/\" target=\"_blank\" rel=\"noopener\">on a solution<\/a> to create a true end-to-end farm to destination service by providing real-time cargo monitoring services. Read about the partnership <a href=\"http:\/\/bit.ly\/duriansdaily228\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/li>\n<\/ul>\n<p><strong>On knowledge sharing:<\/strong><\/p>\n<ul>\n<li>Recruitment platform <a href=\"https:\/\/glints.com\/\" target=\"_blank\" rel=\"noopener\">Glints<\/a> released a <a href=\"https:\/\/ebook.glints.com\/techtalentreport2021\/\" target=\"_blank\" rel=\"noopener\">Southeast Asia Tech Talent Compensation Report<\/a>, 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.<\/li>\n<\/ul>\n<p><strong>New beginnings:<\/strong><\/p>\n<ul>\n<li>Earlier this year, e-commerce startup <a href=\"http:\/\/carousell.com\" target=\"_blank\" rel=\"noopener\">Carousell<\/a> launched the <a href=\"https:\/\/mediagroup.carousell.com\/\" target=\"_blank\" rel=\"noopener\">Carousell Media Group<\/a>, a marketing platform for Carousell\u2019s brands. Read our summary of its feature in KrAsia <a href=\"http:\/\/bit.ly\/duriansdaily228\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/li>\n<\/ul>\n<p><strong>Other stories you may have missed:<\/strong><\/p>\n<ul>\n<li>Deeptech startup <a href=\"https:\/\/transcelestial.com\/\" target=\"_blank\" rel=\"noopener\">Transcelestial<\/a> and drone startup <a href=\"https:\/\/www.aerodyne.co\/\" target=\"_blank\" rel=\"noopener\">Aerodyne<\/a> have been selected to join Batch 3 of the <a href=\"https:\/\/www.plugandplayapac.com\/post\/smart-cities-batch-3-startup-showcase\" target=\"_blank\" rel=\"noopener\">Thailand Smart Cities Program<\/a>.<\/li>\n<li>Val Yap, founder and CEO of <a href=\"https:\/\/www.policypal.com\/\" target=\"_blank\" rel=\"noopener\">PolicyPal<\/a>, has been <a href=\"https:\/\/www.linkedin.com\/posts\/policypal_congratulations-to-our-newly-formed-executive-activity-6783286677810106368-locK\/\" target=\"_blank\" rel=\"noopener\">elected to form the new executive committee<\/a> at the Singapore Fintech Association.<\/li>\n<li>Aquaculture startup <a href=\"https:\/\/www.efishery.com\/\" target=\"_blank\" rel=\"noopener\">eFishery<\/a> collaborates with KawanCicil <a href=\"https:\/\/www.linkedin.com\/posts\/diajeng-reisa-manik-043820112_efishery-gandeng-kawancicil-kerja-sama-tokopedia-gojek-activity-6783688239724269568-ehhK\/\" target=\"_blank\" rel=\"noopener\">to support the growth of the aquaculture sector<\/a> in Indonesia in a strategic partnership valued at ~US$6.8 million.<\/li>\n<\/ul>\n<hr>\n<p><strong>Missed out the last Daily Markup? Go <\/strong><a href=\"https:\/\/dailymarkup.com\/\" target=\"_blank\" rel=\"noopener\"><strong>here<\/strong><\/a><strong> to check it out.<\/strong><\/p>\n<p><strong>You can also find us on <\/strong><a href=\"https:\/\/www.linkedin.com\/company\/500-durians\/\" target=\"_blank\" rel=\"noopener\"><strong>LinkedIn<\/strong><\/a><strong>, <\/strong><a href=\"https:\/\/www.facebook.com\/500durians\/\" target=\"_blank\" rel=\"noopener\"><strong>Facebook<\/strong><\/a><strong>, <\/strong><a href=\"https:\/\/twitter.com\/500Startups_SEA\" target=\"_blank\" rel=\"noopener\"><strong>Twitter<\/strong><\/a><strong>, and <\/strong><a href=\"https:\/\/www.instagram.com\/500durians\/?hl=en\" target=\"_blank\" rel=\"noopener\"><strong>Instagram<\/strong><\/a><strong>.<\/strong><\/p>\n<figure><img decoding=\"async\" data-width=\"400\" data-height=\"400\" src=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/img_60f7dacf731ae.jpg\"><\/figure>\n<p>500 Startups is a venture capital firm on a mission to discover and back the world\u2019s most talented entrepreneurs, help them create successful companies at scale, and build thriving global ecosystems. In Southeast Asia, 500 Startups invests through the pioneering 500 Southeast Asia family of funds. The 500 Southeast Asia funds have backed over 240 companies across multiple sectors from internet to consumer to deep technology. It continues to connect founders with capital, expertise and powerful regional and global networks to help them succeed.<\/p>\n<p><em>This post is intended solely for general informational or educational purposes only. 500 Startups Management Company, L.L.C. and its affiliates (collectively \u201c500 Startups\u201d) makes no representation as to the accuracy or information in this post and while reasonable steps have been taken to ensure that the information herein is accurate and up-to-date, no liability can be accepted for any error or omissions. All third party links in this post have not been independently verified by 500 Startups and the inclusion of such links should not be interpreted as an endorsement or confirmation of the content within. Information about portfolio companies\u2019 markets, competitors, performance, and fundraising has been provided by those companies\u2019 founders and has not been independently verified. Under no circumstances should any content in this post be construed as investment, legal, tax or accounting advice by 500 Startups, or an offer to provide any investment advisory service with regard to securities by 500 Startups. No content or information in this post should be construed as an offer to sell or solicitation of interest to purchase any securities advised by 500 Startups. Prospective investors considering an investment into any 500 Startups fund should not consider or construe this content as fund marketing material. The views expressed herein are as at the date of this post and are subject to change without notice. One or more 500 Startups fund may have a financial interest in one or more of the companies discussed.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Credit: The Business\u00a0Times This week\u2019s 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 [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":2034,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[319],"tags":[334,354,45,351,385,353,377,346,357,363,397,386],"class_list":["post-76","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-weekly-roundup","tag-aerodyne","tag-bukalapak","tag-carousell","tag-efishery","tag-enplug","tag-escavox","tag-friz","tag-glints","tag-policypal","tag-retailo","tag-transcelestial","tag-xfers"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Markup #230: This week\u2019s top stories on funding news from Glints and Friz, Xfers\u2019 major milestone with its tokenized currency, and more - 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=76\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Markup #230: This week\u2019s top stories on funding news from Glints and Friz, Xfers\u2019 major milestone with its tokenized currency, and more - Markup\" \/>\n<meta property=\"og:description\" content=\"Credit: The Business\u00a0Times This week\u2019s 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. 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