Newsletter | July 2022

1 August 2022



JULY 2022


Indonesian Conglomerate Set to Pour US$259 million Into WeLab-backed Digibank

The funding deal from Astra International to WeLab-backed Bank Jasa Jakarta is understood to be part of Astra’s strategy to double down on Indonesia’s lucrative digital banking sector. 

SuperAtom Raised US$22 Million in Series C Round

Through the fresh injection of funds, the startup plans to continue its expansion in Indonesia and replicate similar models in other countries in Southeast Asia and Latin America.

SleekFlow Secures US$8 Million to Help Businesses Track and Retain Potential Sales Leads

The startup will continue to develop products within fintech and analytics to uncover emerging trends on popular social media platforms across all dimensions.

DealCart Raises US$4.5 Million to Focus on Price-conscious Pakistani Consumers

Founded by Haider Raza and Ammar Naveed, DealCart wants to address the low usage of e-commerce among middle and lower-income segments in Pakistan.


Carsome Appoints King Cantona as Brand Ambassador

As one of the greatest footballers of his generation, both Cantona and Carsome share a common drive in their relentless spirit to go above and beyond for their fans and consumers.

TikTok Appoints Etaily as Philippine Tiktok Shop Enabler

The partnership with TikTok will allow Etaily to capitalise and build its brand presence by delivering end-to-end e-commerce solutions such as video production, live streaming, collaborations with content creators, store management, warehousing and fulfilment.

Thai SmartCity Startup 5G Catalyst Technologies Receives United Nations Sustainability Honours

Founded by Gobi’s advisor Shannon Kalayanamitr, the Smart City solutions provider is the first Thai Startup to receive the honour. 5GCT is currently working with three cities in Thailand and aims to expand to 10 cities by 2024.
Kontena Nasional Joins iStore iSend’s Fulfilment Partner Network
Through this partnership, Kontena Nasional will provide a network of warehouses that are capable of doing e-fulfilment while iStore iSend will provide the warehouse layout design, its ODIN system and e-fulfilment knowledge sharing.


20 Years, 20 Questions: Getting Candid with Margaret Srijaya

This edition of 20 Questions features Margaret Srijaya, Founding Partner at Ozora Yatrapaktaja as well as Gobi’s Indonesia-based partner. Margaret shares her passion for advancing women-centric initiatives in the VC industry, why it matters and why we should do it now.
Why Gobi Partners Believes It is the Right Time to Invest in Pakistan
Gobi Partners Vice President Taraec Hussein uncovers why Pakistan could offer a golden opportunity for VCs to tap into its largely untapped startup sector, even through volatile times.
Women in Tech: How These VCs Are Helping to Close Gender Gap in Southeast Asia
Southeast Asia has started strong in gender representation in tech, surpassing even some mature Western markets like the UK and US. Read about these VCs’ efforts to close the gender gap in the very much male-dominated tech startup ecosystem.
Deliveree’s Tom Kim on Solving Logistics Industry Challenges Through Big Data and Predictive Analysis
Deliveree discusses how innovations are addressing the inefficiencies that have plagued the logistics industry, and how the firm is playing a part in addressing these challenges through data, analytics and smart technologies.
Jirnexu and PolicyStreet Ranked as Top 10 Emerging Giants in Malaysia by KPMG
KMPG’s report identifies two of Gobi’s invested companies as emerging giants in Asia Pacific.
Entrepreneurs Are Still in the Throes of Resetting Their Funding Expectations, Says Chibo Tang
Managing Partner of Gobi Greater Bay Area Chibo Tang discusses companies’ new reality in fundraising.
Users Feeling the Squeeze, as Time of Reckoning Comes Early for Disruptors to Show Investors the Money
While external inflationary pressures are pushing up the prices of almost everything in Singapore, it has not gone unnoticed that services once hailed as industry disruptors offering cheaper alternatives for consumers and merchants have become increasingly costly.


The Surabaya City Government (Pemerintah Kota Surabaya), together with Ozora Yatrapaktaja, Gobi Partners and GK Plug And Play Indonesia is officially launching the Surabaya Startup Festival 1.0 on a national scale, catalyzing innovation and supporting local entrepreneurs in Surabaya — the second largest city in Indonesia.

The festival welcomes the enrolment of all startups across Indonesia, where 10 startups will be selected for 12 weeks of intensive coaching from experienced mentors in the startup industry. Three finalists are then chosen to pitch their ideas in front of judges. 

Registration closes on the 8th of August 2022 and selected startups will be announced on 15th of August. 
Apply Now
Get the funding, resources, and visibility you deserve now with up to US$100,000 direct investments from She Loves Tech, US$15,000 Cash Prize from Teja Ventures, US$10,000 Cash Prize from ADB Ventures, special media coverage, mentorship from the best, fast track access to programs and resources, in-house advisory services, and unparalleled global community of founders and investors.

Apply before August 14 for Asia rounds (excl. Middle East) and September 12 for the Rest of the World.
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