Author: Christian Francisco
Explico, co-founded in 2020 by Ashutosh Shukla and Sandesh Setty, focuses on assessment using artificial intelligence and machine learning to help students identify their specific strengths and weaknesses to design a unique learning module.
PICKUP COFFEE rose to popularity as it offers premium coffee at affordable prices. On its website, the company said its coffee prices start from P50 and nothing above P100.
Sprout is a payroll and human resources platform founded in 2015 by husband and wife duo Patrick and Alex Gentry.
The planned fundraising comes as NextPay announced that it processed P3.2 billion in total digital transactions in 2022, a significant milestone since its 2020 launch.
In a statement, Advance said the fresh funding will be used to introduce more innovative financial products and services not only in the Philippines but also in Vietnam.
In a statement, Gobi-Core said its investment in Rise Group aligns with its overall mandate to help nurture and empower the technological ecosystem growth in the country.
Ridad, who was appointed acting CEO following the resignation of CEO and co-founder Francis Plaza in November, announced in her LinkedIn page that the new venture she is launching with her co-founders aims to “transform the way businesses across the globe access capital to fuel their growth.”
The new business units – SariMart and SariPay – will be operated separately from the Growsari platform. SariMart will be the B2B e-commerce business arm of Growsari, while SariPay will be its financial services company.
The round was anchored by global venture capital firm Mangrove Capital Partners, an early investor in communications giant Skype and website builder Wix. The deal also marks Mangrove Capital’s first foray in Southeast Asia.
Founded in 2014, Involve Asia connects businesses to content creators, influencers, developers, and affiliate partners to manage and track engagement and activity.
Cu joins two other new partners – Shahril Ibrahim and Saemin Ahn – in the leadership team of 500 Global, based across Southeast Asia. The appointment is part of the venture capital investor’s efforts to bolster its capabilities in the region.
The fresh funding will be used to expand the startup’s tech platform, scale its upper funnel marketing, and for operational purposes, according to Mediclick