Durians Daily #310: This week’s stories on FinAccel’s US$2.5B SPAC deal, Seppure’s ~US$1.5M awards & more
This week’s top news: FinAccel, parent company of ‘buy now, pay later’ platform Kredivo, plans to go public via a SPAC deal that is valued at US$2.5 billion. In healthcare, Prenetics partners with Hong Kong’s largest non-medical healthcare group with ambitious plans ahead. mClinica runs a campaign with the Bill and Melinda Gates Foundation, resulting in a 20% boost in contraceptive knowledge among pharmacists in Southeast Asia.
Missed the last weekly roundup? Check it out here.
- FinAccel to go public via SPAC deal valued at US$2.5B
- Seppure awarded ~US$1.5M in Singapore & Canada this year
- Prenetics partners healthcare group to create the future of medicine
- Carsome mulls M&A deals, double ahead of its closest competitor
- mClinica boosts contraceptive knowledge in Southeast Asia by 20%
- Impact Credit Solutions makes loan recommendations for SMEs in milliseconds
- Laka now provides rider cover for commercial companies
- Grab Singapore commits to full hybrid & electric fleets by 2030
- Boxgreen’s healthy snacks give former inmates a second chance at life
- Carousell wins silver for quick response to the pandemic
- RedDoorz on its value to hotel owners amid COVID-19
- How celebrity endorsements influence these Southeast Asian countries
Other stories you may have missed:
- Hospitalized pediatric patients use OhmniLabs’ robots to ‘run the bases’ as part of a high-tech, virtual experience.
- Kelvin Teo, Chief Operating Officer of RedDoorz, shares how the team is building RedDoorz to be the largest new age hospitality tech company in Southeast Asia in a Robert Walters podcast.
- abillion and its founder, Vikas Garg, was featured in a Vulcan Post piece on how the startup is supporting the sustainability movement.
Missed out the last Durians Daily? Go here to check it out.
You can also find us on LinkedIn, Facebook, Twitter, and Instagram.
500 Startups is a venture capital firm on a mission to discover and back the world’s most talented entrepreneurs, help them create successful companies at scale, and build thriving global ecosystems. In Southeast Asia, 500 Startups invests through the pioneering 500 Southeast Asia family of funds. The 500 Southeast Asia funds have backed over 240 companies across multiple sectors from internet to consumer to deep technology. It continues to connect founders with capital, expertise and powerful regional and global networks to help them succeed.
This post is intended solely for general informational or educational purposes only. 500 Startups Management Company, L.L.C. and its affiliates (collectively “500 Startups”) makes no representation as to the accuracy or information in this post and while reasonable steps have been taken to ensure that the information herein is accurate and up-to-date, no liability can be accepted for any error or omissions. All third party links in this post have not been independently verified by 500 Startups and the inclusion of such links should not be interpreted as an endorsement or confirmation of the content within. Information about portfolio companies’ markets, competitors, performance, and fundraising has been provided by those companies’ founders and has not been independently verified. Under no circumstances should any content in this post be construed as investment, legal, tax or accounting advice by 500 Startups, or an offer to provide any investment advisory service with regard to securities by 500 Startups. No content or information in this post should be construed as an offer to sell or solicitation of interest to purchase any securities advised by 500 Startups. Prospective investors considering an investment into any 500 Startups fund should not consider or construe this content as fund marketing material. The views expressed herein are as at the date of this post and are subject to change without notice. One or more 500 Startups fund may have a financial interest in one or more of the companies discussed.