Tech in Asia - Small stakes, giant leaps?

Read from your browser

Daily Newsletter

Hello there

When I was still in school, some of my more financially savvy friends urged me to invest my money instead of leaving it in a bank account. Knowing that I was essentially living from allowance to allowance, my friends suggested that I “start small” as it was more important to begin early. Alas, I did not follow through on their advice because I was too lazy to do research and my finances were stretched too thinly.

However, that’s not a mistake most businesses will make (hopefully). Even if the amount is small, backing the right ventures can often lead to outstanding rewards. In today’s story, we discuss how Modalku and Carro are doing just that with their investment in Jakarta-based Bank Index.

-- Jonathan
 
 

THE BIG STORY

Exclusive: Modalku, Carro invest in Indonesia’s Bank Index, sources say
Modalku joins a growing list of Indonesian startups that recently made moves in digital banking.
 
 

SINGAPORE EVENT


International Women's Day Luncheon 2022

Each year, Tech in Asia celebrates #IWD to promote equal representation and opportunities for women in the tech industry. On 8 March, we are inviting startup leaders to join an interactive and engaging 3- course luncheon in Singapore, to uncover actionable ways they can #breakthebias.

This is a small-group event, with Dione Song (CEO, Love, Bonito), Juliet Zhu (CFO, Carsome) as well as Tech in Asia’s COO Maria Li will be joining to share their experiences and stories. We will facilitate candid conversations on career, life and leadership, to help attendees make meaningful connections.

Limited seats available. RSVP now!



 

TRENDING NEWS

Grab rolls out home cleaning services in Singapore
The new service is available through the GrabMart platform.
YGG’s Axie Infinity assets grew to $25.5m in Q4 2021
Yield Guild Games said that its earnings from SLP – the in-game digital currency of Axie Infinity – generated US$1.3 million in revenue.
Patrick Grove co-founded platform partners with Indonesian rental firm
Instahome and Flokq aim to target around 14,000 Indonesian workers in Malaysia and 3,700 Malaysian students in Indonesia.
Alibaba shelves talks for Lazada’s $1b pre-IPO round
Alibaba may go ahead with spinning off Lazada as a separate company, Bloomberg reported.
Wavemaker, UNDP 🤝 to drive greentech startups in SEA
The three-year partnership will see both parties support the scaling of tech firms under the Sustainable Development Goals.
Indian VC firm nets $214m in first close of environment-focused fund
Firms receiving IvyCap funding should trace their objectives to at least one of the United Nations’ 17 sustainable development goals.


EVENTS HAPPENING


You can also check out a curated list of trending tech events over here.
  • *Event* [Workshop] Why startups should care about inflation on February 24th
    With global inflation rates being the highest they have been in decades, keeping profit margins healthy will be a challenge for startups.
    Join us on February 24 as Billy Naveed, the chief strategy officer at Smile Group, explains how startups should approach runway, burn, valuation, and fundraising in these times. Click here to reserve your seat.
  • International Women's Day Luncheon 2022 on March 8th
    Each year, Tech in Asia celebrates #IWD to promote equal representation and opportunities for women in the tech industry. On 8 March, we are inviting startup leaders to join an interactive and engaging 3- course luncheon in Singapore, to uncover actionable ways they can #breakthebias.
    This is a small-group event, with Dione Song (CEO, Love, Bonito), Juliet Zhu (CFO, Carsome) as well as Tech in Asia’s COO Maria Li will be joining to share their experiences and stories. We will facilitate candid conversations on career, life and leadership, to help attendees make meaningful connections.
    Limited seats available. RSVP now!
  • AWS SaaS Forum on March 8th
    Join the AWS SaaS Forum on March 8 to uncover opportunities and insights on SaaS trends, outlook for 2022 and how to build your business playbook. Attendance is complimentary.



WHO'S HIRING

You can post a job here or search for jobs here.

ADVERTISE | SUBSCRIBE

P.S. Don't miss out on the biggest tech news and analysis. Add newsletter@techinasia.com to your address book, contacts, or safe sender list. Or simply move us into your inbox.

Too many emails?
Switch to a different frequency or get new content through our preference center, or unsubscribe.

You can also break our hearts and remove yourself from all Tech in Asia emails over here
 
 
Copyright © 2022 Tech in Asia, All rights reserved.
63 Robinson Road, Singapore 068894

Older messages

A P2P edition: a troubled Capital Match and Funding Societies’ Vietnam push

Wednesday, February 23, 2022

The Top Up is Tech in Asia's free newsletter that breaks down the biggest stories and trends in fintech. Read from your browser The Top Up 💵 Welcome to The Top Up! Delivered every Wednesday via

As the world sinks, this startup floats a solution

Tuesday, February 22, 2022

More: Axie's US$4 billion milestone and the largest VC fund founded by Vietnamese investors Read from your browser Daily Newsletter Hello there When listicles titled “11 sinking cities around the

This VC is sowing many seeds in Indonesia

Monday, February 21, 2022

More: A Singapore-based AR firm nets seed funding while a Hong Kong fintech startup closes its series A round. Read from your browser Daily Newsletter Hello there , For the football fans out there, you

From Free Fire to free fall: Can Sea arrest share price decline?

Monday, February 21, 2022

Opening Bell 🔔 is Tech in Asia's free newsletter, which brings you the biggest news and latest trends around publicly listed Asian tech companies. Read from your browser Opening Bell 🔔 Welcome to

Will UangTeman’s investors see their money again?

Sunday, February 20, 2022

More: UangTeman's struggle to return investors their money, and an Indian social commerce unicorn that is looking to expand into Southeast Asia. Read from your browser Daily Newsletter Hello there

You Might Also Like

Software Testing Weekly - Issue 218

Friday, May 3, 2024

Unit, Integration and End-to-End Tests 🔧 View on the Web Archives ISSUE 218 May 4th 2024 COMMENT Welcome to the 218th issue! I loved going through this discussion among software engineers: What is your

gpt2-chatbot and OpenAI search engine - Weekly News Roundup - Issue #465

Friday, May 3, 2024

Plus: Med-Gemini; Vidu - Chinese answer to OpenAI's Sora; the first race of Abu Dhabi Autonomous Racing League; deepfaking celebrities to teach math and physics; and more! ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

NASA comes to the rescue of crowded rocket launch sites

Friday, May 3, 2024

Plus: Fisker's legal woes and Sprinklr lays off 100 View this email online in your browser By Christine Hall Friday, May 3, 2024 Good afternoon, and welcome to TechCrunch PM. We made it to Friday,

🎮 Forget the PS5 Pro, I Still Love My PS4 — The Best Lock Screen Widgets for iPhone

Friday, May 3, 2024

Also: Smart Home Mistakes to Avoid, and More! How-To Geek Logo May 3, 2024 Did You Know Half of the world's geysers are located in Yellowstone National Park. 🔑 More Passkeys Happy Friday! You can

JSK Daily for May 3, 2024

Friday, May 3, 2024

JSK Daily for May 3, 2024 View this email in your browser A community curated daily e-mail of JavaScript news The Power of React's Virtual DOM: A Comprehensive Explanation Modern JavaScript

Musk raises $6B for AI startup

Friday, May 3, 2024

Also, is TikTok dodging Apple's commissions? View this email online in your browser By Haje Jan Kamps Friday, May 3, 2024 Welcome to Startups Weekly — Haje's weekly recap of everything you can

SWLW #597: Seek first to understand, The "Iterative Adjacent Possible", and more.

Friday, May 3, 2024

Weekly articles & videos about people, culture and leadership: everything you need to design the org that makes the product. A weekly newsletter by Oren Ellenbogen with the best content I found

iOS Dev Weekly - Issue 659

Friday, May 3, 2024

Is Swift 6 hitting one of the REAL hard problems? Not generics, not data race safety, but naming things! 😬 View on the Web Archives ISSUE 659 May 3rd 2024 Comment Naming things is one of the two hard

Daily Coding Problem: Problem #1430 [Easy]

Friday, May 3, 2024

Daily Coding Problem Good morning! Here's your coding interview problem for today. This problem was asked by Facebook. You have a large array with most of the elements as zero. Use a more space-

Making sense of product management

Friday, May 3, 2024

​ Getting a sense of product sense Whenever I hear the term product sense, I think back to a Seinfeld episode about write-offs (with a little artistic license). Jerry: “You don't even know what