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TikTok ousts Google as world’s most popular domain in 2021
Kopi Kenangan joins unicorn club following a US$96M Series C fundraise
Investors include Tybourne Capital, Horizons Ventures, B Capital, and Falcon Edge; Kopi Kenangan claims to have served 40M cups of coffee in the last 12 months and is expected to do 5.5M cups per month in Q1 2022.
TikTok ousts Google as world’s most popular domain in 2021
The app ranked seventh on Cloudflare’s 2020 list; This year, the platform rose to no. 1 while Google and Facebook slid down to second and third place, respectively.
Vertex gets approval to list SPAC in Singapore
Vertex said on Friday it had submitted an application to the Singapore Exchange to list a company called Vertex Technology Acquisition Corporation as SPAC.
BRI Ventures launches second fund Sembrani Kiqani
It has managed to raise capital from corporates, local brands and family offices since July 2021; Sembrani Kiqani invests in D2C sector; The fund has already invested in blockchain-based gaming firm YGG.
A look back at 2021: Logistics startup Pickupp’s year in a nutshell
2021, although challenging, has created new opportunities for the firm; With the acceleration of digital transformation, Pickupp has a competitive advantage; Additionally, as a logistics company, it saw an unprecedented demand for its services and an increased openness towards adopting its technology.
Founder of Sequoia Surge-backed Pankhuri passes away
Pankhuri Shrivastava also co-founded GrabHouse, which was acquired by India’s leading online classifieds company Quikr in 2016; Kalaari Capital’s Vani Kola says she was a vivacious bright woman full of ideas and full of life.
SoftBank-backed Yummy Corp acquires social commerce app MyBrand
The deal will help the cloud kitchen firm to reach SMEs across Indonesia; MyBrand and Yummy Corp’s app, Yummyshop, have served a combined customer base of over 15,000 merchants across the country.
AirAsia cancels US$10M acquisition deal for Gojek Thailand’s fintech unit
It has however completed the acquisition deal for another business of Gojek Thailand, Velox Technology, for US$40M; Details as to why the deal for the Velox Fintech acquisition did not push through weren’t disclosed in its filings.
How Gunung Capital CEO puts sustainability agenda at the forefront of an age-old industry
Kimin Tanoto explains why he believes in finding the middle ground to move the sustainability agenda forward.
Indonesian keyboard app for social sellers bags seed funding
The investor is Indonesia Women Empowerment Fund, an impact fund jointly managed by Moonshot Ventures and YCAB Ventures; Keyta is a tool that can help social commerce sellers be more efficient in executing transactions via smartphones; It has features such as auto-text, delivery-fee checks, payment reminders, and e-invoices.
Mobility startup RushOwl raises US$650K in seed round
Investors are Silicon Solutions Partners, Seeds Capital, The Workplace Accelerator, and unnamed angels; RushOwl works with stakeholders in smart cities to provide solutions for mobility, offering on-demand and region-to-region routes.
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