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Indonesian unicorn Traveloka turns profitable in end-2020, looks to enter public market via SPAC
Traveloka is looking to list in the U.S. this year using a special purpose acquisition company or SPAC, according to CEO Ferry Unardi.
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Warung Pintar acquires supply chain platform Bizzy Digital for US$45 million
This deal will bring together Warung Pintar and Bizzy Digital to create a full-stack supply chain platform.
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Indian Edtech Unicorns continue acquisition spree in 2021
The shift from classroom learning to online learning led by the lockdown during pandemic has bolstered the online learning education scene in India.
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Thailand’s SCB 10X to establish US$50 million blockchain-focused fund
This new venture capital fund from SCB 10X aligns with its “Moonshot Mission” to push forth new growth and development for digital technology capabilities.
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Indonesia’s Bookkeeping Service Provider BukuWarung Secures Funding from Silicon-Valley investor Rocketship.vc
BukuWarung will use its latest funding to expand its technology and product team in Indonesia, Singapore, and India.