SEA Digest: Wavemaker backs AOne; AdaKerja bags $1m from Beenext

Malaysia edtech firm AOne has secured $500,000 in seed funding. In a separate development, AdaKerja, an Indonesia-based online blue-collar jobs marketplace, has raised $1 million from Singapore-based VC firm Beenext.

AOne raises $500K seed round

Malaysia edtech firm AOne has secured as much as $500,000 in a seed funding round led by early-stage VC firm Wavemaker Partners, according to an announcement.

The edtech startup plans to use the funding to drive market expansion across Southeast Asia, as well as enhance its current product offerings in the education sector.

Earlier in April 2020, AOne received MYR 200,000 from ScaleUp Ventures Malaysia as well as an MYR 300,000 grant from Cradle Fund Sdn Bhd, a government agency that helps promising tech startups in Malaysia to commercialize their business plans.

Founded in 2015, AOne brings together a B2C marketplace and B2B backend management software for all kinds of local enrichment lessons across Southeast Asia.

AOne claims to serve over 800 enrichment centres, managing over 50,000 lessons and more than 100,000 learners and educators across multiple cities, with the majority of them located in Malaysia and Singapore.

AdaKerja bags $1m from Beenext

AdaKerja, an Indonesia-based online blue-collar jobs marketplace, has secured $1 million from Singapore-based VC firm Beenext, e27 reported.

With this, the total funding raised by the startup stands at $1.4 million to date. The fresh funding will be used to further develop AdaKerja’s technology and product offerings.

Founded last year, AdaKerja is an HR platform, connecting blue-collar workers with micro small medium enterprises (MSMEs) in the archipelago.

It claims to have over 600,000 complete job-seeker profiles and 10,000 businesses on its platform to date.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.