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Today β€” 23 December 2024Main stream
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β€˜We want to pay it forward’: Funding Societies raises $25M to boost capital for SMEs in Southeast Asia

By: Kate Park
18 December 2024 at 17:00

Small and medium-sized enterprises (SMEs) account for nearly 50% of Southeast Asia’s GDP, contributing to job creation, innovation, and overall economic expansion. Nevertheless, as in other parts of the world, SMEs in Southeast Asia face challenges when it comes to sufficient working capital. In a nutshell, SMEs are typically deemed too risky for traditional banks […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

CarDekho SEA raises first-ever outside funding, co-founder says he’s interested in acquisitions

By: Kate Park
10 December 2024 at 08:22

CarDekho SEA, a Singapore-based auto financing service platform, has raised $60 million in equity, valuing the company at over $300 million, from Navis Capital Partners and Dragon Fund. This is its first round of external funding, following a previous investment of $40 million from its parent company, CarDekho Group. The company, the Southeast Asia unit […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

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