Newsletter | August 2022

Ee Leen will focus on upscaling Gobi’s human resources strategy – from recruiting talent, to improving gender diversity and inclusivity as well as ensuring a safe, ethical and fair workplace. Welcome to Gobi!

The firm successfully became one of the country’s leading B2C eCommerce players after posting an impressive 500% YoY revenue growth.

Collectively, MAVCAP’s new COO, Noor Amy Ismail and its new CIO, Paramjit Singh Gill bring some 37 years of experience across diverse industries such as regional corporate investment banking, structured finance and private equity.

The Malaysian tech unicorn has grown into the region’s largest used car e-commerce platform in Southeast Asia, selling over 18,000 cars per month totalling more than US$1.7 B annualised value.

This acquisition will allow Cartlow to further dominate the global reverse logistics market, which is projected to reach US$958 B in 2028.

First rolled out in April, leading FinTech platform Airwallex saw more than 450 of its SME customers benefit from the initiative.

Six Hong Kong-based startups (Atom Semiconductor, Fano Labs, Gense Technologies, AQUMON, OneDegree and ViAct) and two Singapore-based startups (Etaily and Workmate) are addressing real-world challenges with fresh thinking and innovative products and services. 

The Pakistan-based financial wellness platform strives to help businesses and consumers with real-time, Shariah-compliant financing and digitising manual payment processes.

Our hearts and sorrow go out to the family and friends of Luqman Adris, co-founder and CEO of AVANA. Our condolences to all who he left behind, especially to his wife and AVANA co-founder, Yienyee Soh during this difficult time. He was a visionary and a shining light in the local startup scene.

And it’s a wrap for Alibaba Netpreneur Training 2022 Philippines! This year’s event is especially significant as it attracted the highest number of attendees, with over 300 exciting founders/entrepreneurs joining the training.

Thank you to the Alibaba Global Initiatives, Alibaba Cloud, JCI Manila and QBO Innovation Hub for the continuous support. And to our team on the ground, Gobi-Core Philippine Fund – well done!

The next cohort application starts now!

She Loves Tech (‘SLT’) is the world’s largest startup competition for women and technology, currently being held in over 70 countries across the globe.

Gobi is proud to organise She Loves Tech: Thailand, Vietnam, and Cambodia for the fourth year straight, seeking to accelerate the best entrepreneurs and technologies while closing the funding gap for women entrepreneurs in the region. 

Which startups from Thailand, Vietnam, or Cambodia will advance to the global stage? Please join us for the Pitch Finals to meet the top 10 startups with our distinguished judges from SCB10X, Openspace Ventures, Ascend Ventures Vietnam, and Seeva Capital!

When: September 13, 2022 from 4pm – 6pm GMT +7
Where: Zoom

Wishing all Malaysians far and wide a wonderful 65th Merdeka Day. #KeluargaMalaysia, kita Teguh Bersama!

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