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Ecosystem Roundup: Singapore’s TakeApp, the Philippines’ edamama raise funding

Meta invests in Take App, a Singaporean startup that helps merchants sell via WhatsApp

At its core, Take App acts as an easy way for those with little technical know-how to create a simple website to facilitate online orders, complete with a shopping cart, payments and a direct connection to WhatsApp to manage and track the final order.

Alpha JWC leads Philippine e-commerce startup for parents in edamama’s US$20M Series A round

edamama will use the capital to expand its operations, including same-day and next-day delivery, to more locations in Metro Manila. It will also improve its content and community elements, launch its own offline stores and scale its private label portfolio.

The Vietnamese logistics company rebuilds the warehouse with investments of 6.4 million. USD

Boxme currently has two fulfillment centers in Vietnam that cover more than 12,000 square meters and can process over 50,000 orders per day. With the fresh capital, the company plans to expand these facilities to 30,000 square meters with a capacity of 150,000 orders.

Navis Capital Partners exits B Medical Systems, makes two new investments

With a global presence in over 150 countries, B Med is the world’s largest single supplier of vaccine cold chains. It provides storage and transport of temperature-sensitive vaccines to a significant portion of the global population.

Society Pass acquires Indonesian travel technology company NusaTrip

Founded in 2018, Society Pass focuses on acquiring Southeast Asian e-commerce players to build a loyalty and data marketing ecosystem.

Does Investing in Bitcoin Still Make Sense?

While the crypto crash has left many shaken, the fundamental case for investing in Bitcoin hasn’t changed one bit. It may actually be a good opportunity for investors to increase their exposure to Bitcoin, provided they have the ability to withstand significant volatility ahead.

How digital technology can transform the food and beverage industry

If the food and beverage sector is to achieve high growth, continued investment in technology must play a significant role. As an example of digitization in the guest experience, it is already difficult to imagine a world without the possibility of online ordering and delivery of food.

AC Ventures, BRI Ventures Back Indonesian SaaS Startups USD 10M Round

Founded in 2019 by Adi Wahyu Rahadi and Audia Harahap, Majoo offers solutions for SMEs, including an online checkout system, an online store dashboard, inventory management and accounting tools.

7 Drivers of Southeast Asia’s “Golden Hour of Opportunity” for Startup Founders and Investors

Southeast Asia’s startup ecosystem could grow tenfold amid global turbulence and uncertainty with the “golden hour of opportunity.” That’s why in this article we cover important, practical opportunities for both startup founders and early-stage investors to take advantage of.

Why ‘Indonesia only’ Intudo Ventures believes that SEA as one coherent market is a fallacy

Intudo Ventures believes that VC funds investing in SEA as one collective market underestimate the difficulties of fragmentation that such a strategy faces from jumping from market to market.

Singapore’s TakeApp, the Philippines’ edamama raise funding. Congratulations to the entire team. I wish you great success in this endeavour.

Shishir Gupta, Founder and CEO, StartupLanes

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