How this remittance startup is shaping up for its IPO

More: A new cloud kitchen unicorn and more cybersecurity investigations into big tech firms in China [Read from your browser]( Daily Newsletter Hi {NAME} Have you had friends who went on diets and exercise regimes in order to look good for their wedding? Suddenly, this guy or girl who’s never so much as found out how to pronounce “gym” is going to spin classes and eating a third of what they used to. As it turns out, companies need to do something similar to prepare for a public listing. Today’s premium article explores Nium’s efforts. -- Winston, Tech in Asia  --------------------------------------------------------------- THE BIG STORY [Remittance startup Nium shaves losses, more than doubles revenue in 2020]( The company generated US$16.7 million in revenue, more than 2x of what it logged the year before.  ---------------------------------------------------------------  TRENDING NEWS You can read all trending stories on Tech in Asia [here](. [Sequoia India leads $4.9m seed round of Philippine ecommerce logistics startup]( Locad offers an ecommerce fulfillment software that merchants can use across all selling platforms. [Report: Temasek co-leads $192m round of Indian meat delivery startup]( According to a Livemint report, a few early investors have exited Licious in this financing round as well. [Hong Kong logistics startup backed by Alibaba fund nets $15m in fresh funds]( Pickupp will also use the new funds to expand its dispatch network in Singapore. [Report: Temasek-owned Vertex eyes SPAC listing in Singapore]( According to a Bloomberg report, Vertex is awaiting SGX’s guidelines on blank-check company listings. [SoftBank leads $415m injection into Dubai-based cloud kitchen startup]( The investment pushes Kitopi’s valuation over US$1 billion. [Report: Facebook-backed Indian social commerce firm in talks to raise $100m]( According to an Entrackr report that cited sources, Meesho’s valuation could double to US$4 billion after the fresh fundraise. ---------------------------------------------------------------  LISTEN TO For years, HungryGoWhere was the go-to platform for anyone looking for grub and sustenance in Singapore. But last month, the site announced that it was ending its 15-year run, bidding loyal users - the few who were still around - farewell and thank you. On this episode of Deep Dive, Tech in Asia’s Melissa Goh discusses the events that led to HungryGoWhere’s shuttering, insider accounts about how the company was run, and a potential sale that could give the platform a second wind. Listen here: [Apple Podcast]( | [Spotify](  ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - Decoding Global Talent on July 9 - [RSVP]( - Accelerating your business with real-time data delivery on July 14 - [RSVP]( - Tech in Asia Conference: Southeast Asia Global Debut on October 12 to 14 - [Grab your early-bird tickets](  ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Marketing Executive]( at AiChat Singapore, Singapore - [Tester, Cybersecurity]( at Microsec Singapore, Singapore - [Software Development Engineer in Test]( at TaniHub Group Jakarta, Indonesia - [Software Engineer - Frontend Senior]( at iGrow Depok, Indonesia - [Human Capital Generalist]( at Ralali Jakarta, Indonesia - [QA Lead]( at LifePal Jakarta, Indonesia [ADVERTISE]( | [SUBSCRIBE]( P.S. Don't miss out on the biggest tech news and analysis. Add newsletter@techinasia.com to your address book, contacts, or safe sender list. Or simply move us into your inbox. Too many emails? Switch to a different frequency or get new content through our [preference center]( or [unsubscribe](. You can also break our hearts and remove yourself from all Tech in Asia emails over [here](  ---------------------------------------------------------------  Copyright © 2021 Tech in Asia, All rights reserved. 51 Bras Basah Rd, #05-5061, Singapore 189554