B2B e-commerce platform Bizzy reportedly raises US$8M pre-Series B funding round

Bizzy has previously raised a US$2.5 million funding round led by Ardent Capital 

Online fashion marketplace Goxip raises US$5M to expand in Southeast Asia

Co-led by Meitu and Malaysian billionaire Vincent Tan's daughter Chryseis Tan, the round also saw participation from Mills Fabrica Fund, Stanley Ho, Angela Leong, and Iman Allana 

Helpster raises US$2.5M to help companies find temporary employees

The Helpster investment was led by Mojo Partners and Wavemaker Partners 

AI-powered analytics startup Snapcart raises US$10M to expand beyond Indonesia, Philippines

Snapcart also plans to launch a new platform that will tackle the unstructured trade information 

Indonesian B2B e-commerce platform Bizzy acquires Alpha, gets ex-Mbiz CEO as new CEO

Bizzy and Mbiz have been seen as direct competitors in Indonesia's budding B2B/G e-commerce sector 

Cashback app Snapcart closes US$3M Pre-Series A to boost analytics tech

The new funding round was led by Vickers Venture Partners, Wavemaker Partners, SPH Media Fund and angel investors 

Spaceship raises funding from YCH Group's Supply Chain Angels, aims to build new features

Prior to this investment, Spaceship has raised undisclosed seed funding from Ardent Capital 

Sexy no more: Indonesian online lingerie store Lolalola shuts down

While the startup will cease operations as of January 4, customers will still be able to continue shopping on Lolalola's social media platform 

Two weeks in the Philippines, Snapcart claims to have acquired 10,000 users

The Indonesian startup targets 50,000 users in the next three months 

Ardent Capital merges venture portfolio with Wavemaker; Ardent Labs to remain

Ardent Labs companies like aCommerce and Orami will remain under Ardent management, CEO Adrian Vanzyl to join Wavemaker