Contract management is a time- and money-sucking endeavor for enterprises, regardless of their size or industry. According to a 2016 survey conducted by Apptus, 39% of legal departments are forced to rely on non-lawyers to manage their contracts, while 50% take a week or longer to turn out documents like non-disclosure agreements. Moreover, only 40% of legal departments say they…
FinAccel Pte, which extends credit to online shoppers in Indonesia under the Kredivo brand, has raised $90 million of expansion capital in a fundraising round valuing the company at almost $500 million. South Korea’s Mirae Asset-Naver Asia Growth Fund and Australian venture capital firm Square Peg co-led the Series C financing, according to FinAccel Chief Executive Officer Akshay Garg. Other…
With digital transformation going deeper and wider in the education sector, several edtech startups are launching innovative teaching and learning technologies that create positive student outcomes. Recently, three Indian startups—Eckovation, Kings Learning and PlayAblo —have joined Amazon Web Services’ (AWS) startup programme which assists entrepreneurs with building the next generation of online learning, analytics, and campus management solutions on the…
Insignia Ventures Partners, a Singapore-based firm founded by a former venture partner of Sequoia Capital, has closed its second Southeast Asian fund at $200 million. The new fund underscores a growing interest in Southeast Asia’s startup scene. A number of VC firms, including Temasek Holdings Pte.’s Vertex Ventures and Vulcan Capital, the investment house of late Microsoft Corp. co-founder Paul…