Local services booking platform Kaodim raises US$7M led by Square Peg Capital, SIG

Kaodim, which operates as Gawin in the Philippines and Beres in Indonesia, will use the funds for product development and expansion into underserved markets in Southeast Asia 

Digital currency startup Luno raises US$9M Series B, further expands in Europe

Luno expanded to 35 new markets following its latest funding round led by Balderton Capital 

Indonesian edutech startup Ruangguru raises Series B round led by UOB Venture Management

Ruangguru has recently received a grant from global mobile operator trade body GSMA 

Auto marketplace Carro raises US$12M, embraces fintech with new app Genie Finance

While the lead investor is undisclosed, Carro said that investors from previous round have also participated in this one 

iprice raises US$4M Series A led by Asia Venture Group, Venturra Capital

CEO David Chmelar also claimed that iprice is on the way to reach break even and profitability 

With an aim to become a full-fledged O2O platform, KFit Group acquires Groupon Malaysia

Post-acquisition, Groupon Malaysia will transition into Fave and cover restaurants, beauty, wellness, gyms, studios, hotels, holidays, leisure, and entertainment 

Map of the Money 4.0 launches to help startups raise fund in Singapore

The map includes verified data from 65 active VC firms in Singapore 

Zilingo raises US$8M to bring you fashion and lifestyle products from small merchants in Thailand, Singapore

The money will be used to expand to Indonesia and gain market share in Singapore and Thailand, in addition to developing AI, AR and video content 

Singapore's Carro raises US$5.3M to help sell used cars

The company hopes to expand to Malaysia, Indonesia and Thailand by the end of the year 

In Indonesia, 12 VC firms join forces to set up investor association

Called Amvesindo, the association aims to help government in setting up regulation and programmes