SEA startups with the most funding dollars

Every day, 100k+ smart people read our newsletter. You can sign up here.

Hello readers,

🎵 “All the things I could do, if I had a little money.” 🎵

Many of us relate to this line from the song Money, Money, Money by Swedish group ABBA. After all, having cash does open up a whole world of opportunity.

Well, the companies on our list of top-funded startups in Southeast Asia are certainly in an enviable position, as they’ve gotten more than a little money from investors.

Find out who’s got the region’s funding dollars in the link above or scroll down for a summary.

But first, your quick bytes for today:

1️⃣ Ant Group files for its stock market debut

Ant Group, the company behind Chinese payments platform Alipay, has filed for its IPOs in the Hong Kong stock exchange and in Shanghai’s Star Market. Ant reportedly plans to raise more than US$20 billion from the dual listing, which could bring the company’s valuation to over US$200 billion.

2️⃣ Didi goes north

China’s biggest ride-hailing platform, Didi Chuxing, marked its entry into Europe by launching its services in the Tatarstan Republic, part of the Russian Federation. This expansion is part of the company’s ambitious three-year growth plan, which includes a target of 100 million daily trips and 800 million monthly active users.

3️⃣ JurisTech acquires financial comparison site iMoney

Malaysian fintech company JurisTech, which specializes in enterprise-level software solutions, has acquired iMoney, a personal finance management platform, for an undisclosed amount. The two businesses envision building a platform to offer solutions for both business-to-business and business-to-consumer partners in the finance and banking industry.

4️⃣ Uber launches car rentals in India

The Southeast Asian funding pie

Bringing transparency to the packaging industry