Also, India agritech startup Eggoz raises Rs 1.2 crores, Burpple releases premium membership platform, and more
GrabPay Credits officially rolls out in Malaysia – [press release]
Southeast Asian ride-hailing giant Grab has officially rolled out its mobile wallet in Malaysia, after it announced it was tying up with Maybank to launch.
It is now available in 8 cities in the country, namely Klang Valley, Penang, Johor Bahru, Ipoh, Melaka, Kota Kinabalu, Kuching and Kuantan. It is also accepted at over 500 F&B merchants. These include Tealive, TeoChew Chendul, Devi’s Corner, KGB Burgers and TedBoy Bakery, China House, Burps & Giggles, Kopi Ping, Big Bowl Ice and Coffee Gallery.
Fenox VC makes an investment in Vietnamese startup OnOnPay – [e27]
Renowned Silicon Valley VC Fenox has made its entry into Vietnam, via an investment in mobile wallet startup OnOnPay. The amount was undisclosed.
Fenox said it was particularly interested in growing the country’s fintech industry. The country’s 70 million unbanked population face serious challenges with regard to getting cashless payment in the day-to-day consumptions and Fenox believes fintech solutions like OnOnPay’s mobile wallet can address these issues.
Burpple releases premium membership platform – [press release]
Singapore and KL-based food discovery platform Burpple has launched its premium membership platform. Called Burpple Beyond, this service lets members enjoy special 1-for-1 deals at restaurants, cafes and bars.
It offers two plans: an all-day membership pass that costs S$12 (US$9) monthly and an off-peak membership pass that is S$4 (US$3). Currently, Burpple is offering a special launch price of S$9.90 (US$7.30) for the former; the latter is going for no-cost currently.
Eateries on its Burpple Beyond are selected based on positive reviews by the community, search data on the platform and curation by the company.
Indian agritech startup Eggoz raises Rs 1.2 crores – [press release]
Indian agritech startup Eggoz has raised RS 1.2 crores (US$180,000) from angel investors including angel investors including Narendra Sankar, Sunil Mishra, Vishal Sharma, Anurag Jhanwar and Mohini Jhanwar.
The company intends to use the capital to expand their business in Madhya Pradesh and Bihar. The funds will also be used to build a company-owned farm in Nalanda, Bihar which will act as a model farm to attract clients, and for research and development. The company aims to scale operations to 500,000 hen capacity by 2020 with focus on Northern states.
Eggoz is a full-stack egg producer using cutting-edge technology to produce high quality and nutrition-rich eggs. Eggoz farms are run with higher efficiency with smart technology and processes.
Singapore foodtech startup Eatsy raises seed funding – [e27]
Singapore-based foodtech startup Eatsy Technologies today announced that it has raised S$550,000 (US$404,000) in seed funding round led by Quest Ventures.
Investors such as The Lo & Behold Group founder Wee Teng Wen and RedMart co-founders Roger Egan III, Vikram Rupani, and Rajesh Lingappa also participated in the funding round.
Eatsy plans to use the new funding to further develop existing in-app functions and partner new merchants, in a bid to automate ordering and payment with their partner merchants.
Eatsy provides a mobile app that enables users to book meals for dine-in or takeaway. Using in-app menus, users can order food before they arrive at the location for pick-up, with the restaurant preparing the meals while they are on the way.
The post Today’s top tech news, June 26: GrabPay Credits officially rolls out in Malaysia, Fenox invests in OnOnPay appeared first on e27.