Southeast Asian e-commerce aggregation service iPrice has closed a $4 million Series A funding round led by existing investors Asia Venture Group (AVG) and Venturra Capital.
By Nguyen Thi Bich Ngoc
Victor Chua of Gobi Partners discusses consumer technology, Vietnam’s opportunities and their investment philosophy.
Under the partnership, Triip’s new booking practice will offer frequent travelers the lowest rate on hotel rooms, free international phone access through Flexiroam, as well as honouring travelers’ reward status achieved on other websites.
Malaysia startup YouthsToday.com has bagged $33,719 (MYR150,000) in grants and investments at the K-Startup Grand Challenge — an acceleration program for foreign startups by the Korean government.
Moving forward, the fintech startup is mulling overseas ops, with the first targets being Malaysia and the Philippines, Bui Sy Phong, founder and CEO of OnOnPay, told DEALSTREETASIA.
Malaysia-based beauty advisory platform Favful has bagged $500,000 in a seed funding round led by venture capital firm Gobi Partners, with the amount to be used for company’s marketing ramp-up and expansion plans into more countries in Southeast Asia.
Isitup closes seed funding from Gobi Partners, FlexM has closed seed funding from MatchMove and number of private investors, and MAS has invested in SoCash in the form of a grant.
The latest funding round, which will help IsItUp further extend its business operation across ASEAN countries, came only six months after the B2B platform raised a six-figure investment from 8Capita and 500 Startups.
Prometheus Capital and IDG Capital Partners have invested a combined RMB200 million ($30 million) in KR Space, a co-working space spinoff from technology media and entrepreneur services company 36Kr.
Ho Chi Minh City, the southern metropolis of Vietnam, will launch a VND1 trillion ($45 million) support package for young businesses, including tech startups, the city’s department of science and technology reportedly announced at a recent meeting.