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Daniel Rouquette · · 2 min read

Daily news roundup – February 17

This is the Daily News Roundup. Delivered everyday via email and through the Tech in Asia website for free, this newsletter lists the biggest tech stories and trends of the day. Get it in your inbox every day by signing up here. Premium subscribers get access to the more comprehensive Executive Brief where we break down the 2 biggest news of the day.

Hello readers,

In the 2001 film Bridget Jones’s Diary, the titular character tracks her calorie intake, her alcohol consumption, and how many cigarettes she’s smoked in her diary, penning these down along with her thoughts.

The film came out just over 20 years ago, and the world has changed tremendously since then. If we’re counting calories or tracking our drinking, there are a plethora of apps out in the market for that. From healthtech wearables to fitness apps, the way we understand and manage our health has transformed significantly – and India-based health startup Goqii is one of the up-and-coming players in this space.

— Stefanie


The Big Story

Exclusive: India’s Goqii bags $50m series C money for SEA launch

Exclusive: India’s Goqii bags $50m series C money for SEA launch
The company will soon expand its services to Singapore, Malaysia, and Indonesia. Read more.


Trending news

1. Wavemaker-backed GoZayaan buys 🇵🇰 traveltech startup
Through its acquisition of FindMyAdventure, GoZayaan has made its first foray into Pakistan.

2. SoftBank backs Funding Societies’ $294m funding round
Since its establishment, Funding Societies has disbursed more than US$2 billion through 4.9 million loan transactions.

3. Jeff Bezos’ second investment in Indonesia is SME-focused firm Lummo
In January, Lummo also became the first investment of CapitalG, Alphabet’s VC arm, in Southeast Asia.

4. Beenext co-leads SG 🌳 startup’s $3m round
RIMM Sustainability provides SMEs with simplified and affordable sustainability guidance and solutions.

5. ShopBack in talks for $150m fundraise
If successful, the funding will boost ShopBack’s valuation and push it towards unicorn status, sources told Bloomberg.

6. Didi to lay off 20% of employees
The layoffs will be carried out across all departments, reported Pandaily, citing information from Chinese media outlet LatePost.


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Community Writer

Daniel Rouquette

@TechinAsia School, advocate @Effect_Altruism, improv @TheImprovCo, runner