South/ Southeast Asia

VN startup banks on co-ops to defy agritech skeptics

When Vietnam-based agritech firm TechCoop dropped news of its US$70 million series A raise in February, eyebrows went up — after all, peers like eFishery and TaniHub hit rough waters recently. But investors appear to be rallying behind the three-year-old startup, which was founded in 2022 by Hao Diep, a…

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The AI party in Southeast Asia is just getting started

An AI bonanza is in full swing in Southeast Asia, and everyone’s trying to strike while the iron’s hot. It’s WAY cheaper to build and operate in the region compared to North America or Europe, thanks to lower land, labor and energy costs. For example, the electricity prices for business…

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wagely-app

Indonesia Fintech Wagely Makes Bank While Helping the Unbanked

Wagely, a fintech out of Indonesia, made a name for itself with earned wage access: a way for workers in Southeast Asian countries to get advances on their salaries without resorting to higher-interest loans. With half a million people now using the platform, the startup has expanded that business into…

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wagely-app

wagely Secures USD 23M in New Funding Round

Jakarta/Dhaka, March 4, 2024 – wagely, Asia’s leading financial wellbeing platform for workers, has secured USD 23 million in a new funding round. The funding round comprises a mix of equity and debt financing. Capria Ventures, a Global South specialist venture capital firm investing in applied Generative AI, led the…

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Alami

Watch how ALAMI is transforming Indonesia’s banking sector

We are back with the latest episode of SPOTLIGHT, where we catch up with Dima Djani, the founder and CEO of ALAMI, the world’s first sharia challenger bank based in Indonesia. Dima shares how ALAMI has disbursed over 50 million USD equivalent in Indonesian rupiah to more than 5000 SMEs….

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Dave Richards shares about Capria’s journey, future, and all things GenAI

Dave Richards, Managing Partner at Capria Ventures, has extensive experience in tech startups and global investments, particularly in emerging markets. In the latest episode Dave Richards, Managing Partner at Capria Ventures discusses how: Microfinance is now a profitable business, serving people who previously lacked access to banking and capital. Job…

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Unitus Ventures is now Capria India

Unitus Ventures, a leading venture capital firm in India, is joining forces with its US affiliate Capria Ventures, a Global South specialist, to operate with a unified global strategy under a single brand, Capria Ventures.