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The VC money trail in Southeast Asia and India

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techinasia.com

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newsletter@techinasia.com

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Thu, Mar 9, 2023 11:33 PM

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We explore the VC funds with cash to deploy and look at GoPayLater’s repayment ratio. Daily New

We explore the VC funds with cash to deploy and look at GoPayLater’s repayment ratio. [Read from your browser]( Daily Newsletter --------------------------------------------------------------- Welcome to Tech in Asia's free Daily Newsletter! Get full access to our subscribers-only Daily Newsletter and other insightful analysis on the big and messy topics of Asia’s tech and startup community by [registering here](. --------------------------------------------------------------- Hello {NAME} “Ah, all the things I could do / If I had a little money,” is a lyric from Money, Money, Money, the hit song from pop group ABBA. It’s a relatable sentiment - I’d certainly be able to enjoy life a little more if I had more cash in the bank. Startups are often in a similar position. They need cash in order to do all the great things they want to do: Build new products, hire great talent, and pursue growth to reach new heights. In the current economic environment, it’s more crucial than ever for companies to find VCs that can support them - financially and otherwise. A good place to start looking is at investors that have just amassed cash. After all, this means they’ve got millions of dollars that need to be deployed somewhere - if startups play their cards right, they may be that somewhere. In today’s premium story, we literally follow the money and track the VCs that have raised some funds. -- Stefanie  ---------------------------------------------------------------  THE BIG STORY [VC funds tracker: B Capital commits $500m for healthcare]( Fundraising is difficult. To make things easier, we have compiled a detailed list of the most recent VC funds for our subscribers. --------------------------------------------------------------- TRENDING NEWS [Grab CFO sells $1.1m in shares]( Grab said that Peter Oey made the move only to cover his tax obligations and he remains committed to the firm. [Indonesia’s LinkAja posts 30% revenue jump in 2022]( The fintech major also saw its EBITDA loss narrow by more than 60% last year. [Shopee conducts new layoffs in Indonesia]( Tech in Asia has learned that the job cuts mostly affected its customer services team in the country. [Zalo remains Vietnam’s most used messaging app in 2022]( Market research firm Decision Lab attributes Zalo’s success to its ability to maintain and enhance localized features for Vietnamese users. [Apple reshuffles global sales management to refocus on India]( The development follows Apple supplier Foxconn’s commitment to invest US$700 million to build a new plant in the country, Bloomberg reported. [SG-based Web3 carbon credit firm secures $3m]( The GrowHub’s platform also helps users keep track of their products across the supply chain. ---------------------------------------------------------------  TECH IN ASIA'S PRODUCT DEVELOPMENT CONFERENCE 2023 Last 3 days to secure your early bird tickets! Good things should be shared, and what better to share about than Tech in Asia’s upcoming Product Development Conference? We’ve partnered with the likes of AWS, SEEK, and Sendbird, among others, to bring you an exciting event in Jakarta this year. We’ve currently got a limited-time early bird offer going on - March 12 will be the last day to secure this offer, so click [here]( to get your tickets now! ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - [Tech in Asia’s Product Development Conference 2023]( from May 16 to May 17 Tech in Asia’s Product Development Conference is back! This year’s edition, which will be held in person in Jakarta, will feature over 20 industry leaders, experts, and innovators sharing the latest trends and strategies that can accelerate product development growth. [Register now]( and you can get 50% off. This early bird promo is available for a limited time only, though, so don’t miss out! ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Java Developer]( at Spurr Jakarta, Indonesia - [Technical Quality Assurance]( at Jublia Jakarta, Indonesia - [Data Analytics Engineer]( at Gokomodo Jakarta, Indonesia - [Fresh Graduate Management Training Program]( at Female Daily Network Jakarta, Indonesia - [IT Auditor]( at PT Xapiens Teknologi Indonesia Tangerang, Indonesia - [Pre-Sales Support Executive]( at KeyReply Kuala Lumpur, Malaysia [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 © 2023 Tech in Asia, All rights reserved. 63 Robinson Road, Singapore 068894

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