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Grab invests $100M into India’s OYO to expand its budget hotel service in Southeast Asia – TechCrunch

Grab invests $100M into India’s OYO to expand its budget hotel service in Southeast Asia – TechCrunch Southeast Asian ride-hailing firm Grab has made its most ambitious investment to date after it backed India-headquartered budget hotel network OYO to the tune of $100 million. The investment was part of a …

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Philippines fintech business Voyager raises $215M in Tencent-led round – TechCrunch

Philippines fintech business Voyager raises $215M in Tencent-led round – TechCrunch One of the year’s largest fintech investments in Southeast Asia has closed after Philippines-based Voyager announced it raised $215 million. The bulk of the deal comes via a previously announced investment from Tencent which, alongside PE firm KKR, agreed to invest …

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Southeast Asia’s digital economy to triple to $240 billion by 2025 – TechCrunch

Southeast Asia’s digital economy to triple to $240 billion by 2025 – TechCrunch It may sit in the shade of China and India, but tech has real growth potential in Southeast Asia. Home to a cumulative 650 million people, the region’s digital economy is forecast to triple in size and …

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KKR’s latest Southeast Asia bet is a $144M investment in PropertyGuru – TechCrunch

KKR’s latest Southeast Asia bet is a $144M investment in PropertyGuru – TechCrunch Global investment giant KKR is warming up to Southeast Asia after it made a third high-profile investment. The firm — which has nearly $150 billion in assets under management — has cut a SG$200 million (US$144 million) check …

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Tencent backs fintech firm Voyager to set up battle with Alibaba in the Philippines – TechCrunch

Tencent backs fintech firm Voyager to set up battle with Alibaba in the Philippines – TechCrunch China’s internet battle is rapidly reproducing itself in Southeast Asia. One new hotspot is the Philippines, where Tencent just agreed to invest in Voyager, a fintech business started by telecom firm PLDT. The deal …

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Go-Jek is close to launching a ride-hailing service in Singapore – TechCrunch

Go-Jek is close to launching a ride-hailing service in Singapore – TechCrunch Indonesia’s ride-sharing startup Go-Jek plans to land in Singapore, its arch-rival Grab’s front lawn, as soon as this month as its regional expansion program gains speed, TechCrunch has come to understand. Go-Jek has grown to become a $5 …

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Middle East’s Careem is the latest ride-sharing unicorn to get an India-based tech team – TechCrunch

Middle East’s Careem is the latest ride-sharing unicorn to get an India-based tech team – TechCrunch India is the new tech outsourcing destination for ride-hailing companies. Southeast Asia’s Grab and Go-Jek both have sizable engineering teams in the country, and now that duo is joined by another billion-dollar company. Careem, …

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Ride-hailing startup Shohoz raises $15M to build the Grab of Bangladesh – TechCrunch

Ride-hailing startup Shohoz raises $15M to build the Grab of Bangladesh – TechCrunch Uber may be global but it is very much the alternative in some parts of the world. One such place is Bangladesh — the South Asian country that’s home to 160 million people — where local rival Pathao …

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Go-Jek plans to raise $2B more for Southeast Asia ride-hailing battle – TechCrunch

Go-Jek plans to raise $2B more for Southeast Asia ride-hailing battle – TechCrunch Indonesia’s Go-Jek is planning to raise $2 billion from investors to fuel its ride-hailing battle with Grab in Southeast Asia. Go-Jek raised $1.5 billion earlier this year from investors that include Chinese trio Tencent, Meituan and JD.com, …

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Golden Gate Ventures closes new $100M fund for Southeast Asia – TechCrunch

Golden Gate Ventures closes new $100M fund for Southeast Asia – TechCrunch Singapore’s Golden Gate Ventures has announced the close of its newest (and third) fund for Southeast Asia at a total of $100 million. The first hit a first close in the summer, as TechCrunch reported at the time, …

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