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Indonesia’s retail tech startup Warung Pintar acquires Bizzy Digital for USD 45M

Indonesia's micro-retail startup Warung Pintar announced the acquisition of supply chain platform Bizzy Digital for USD 45M.


This deal brings together Warung Pintar’s front-end retail digitalisation capabilities and Bizzy’s supply chain strengths in FMCG.

24 Feb 2021
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RateS snags Series A to expand social commerce platform to tier 2, 3 cities in Indonesia

RateS, a social commerce platform operating in Indonesia, announced today it has closed an undisclosed amount in Series A round, co-led by Vertex Ventures and Genesis Alternative Ventures.


The fresh capital will go towards bankrolling RateS’s expansion into tier 2 and 3 markets in Indonesia by expanding the “density” of its reseller membership network, which the company claims to have surpassed half a million.

22 Feb 2021
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Vertex Portfolio Highlight: Mr. Nitin Chhabra Founder Ace Turtle

We set down with Nitin Chhabra, Founder of Ace Turtle, about his entrepreneurial journey and the challenges faced during the pandemic.

17 Feb 2021
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Interview with Warung Pintar CEO

In Indonesia, there are more than 2.5 million warungs (micro-businesses and kiosks that sell basic products) that account for more than 80% of total retail sales. However, these warungs are typically mom-and-pop owned and highly fragmented in both demand and supply.


Launched in 2017, Warung Pintar aims to empower warungs through digitalization. With its focus on e-commerce services and supply chain, the company has reduced warung transaction costs by 28% on average.

16 Feb 2021
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Technopreneurship | The Startup Journey

Startup founders often agree that the process of building something new and novel to serve a significant, unmet need can be immensely rewarding, even if it may not succeed at times.

Being prepared means gaining a thorough understanding of all aspects of the startup journey – even if that involves confronting some hard truths before taking that first step. This may make all the difference between success and failure.

16 Feb 2021
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Dr Shravan Verma, chief executive of digital health app Speedoc, which provides on-demand medical services at patients' homes.

Covid-19 pandemic a shot in the arm for digital health service Speedoc

The COVID-19 pandemic has taken a toll on many businesses but some Singapore firms continue to survive - and even thrive. In the last of a four-part series, The Straits Times looks at local enterprises that have seized opportunities to grow amid the economic downturn.

08 Feb 2021
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