Singapore’s edtech platform Geniebook achieves profitability; expands with acquisitions
Singapore-based edtech firm Geniebook has achieved three straight quarters of profitability and has expanded its hybrid strategy with two major acquisitions. The firm said in a statement on Thursday that the firm has reached a significant financial milestone by achieving positive cash flow over the past three quarters. This success is largely attributed to its online offering, which saw a record number of enrolments at the end of last year.
Pintarnya closes Seed fundraise at US$ 14.3 million; East Ventures and Vertex Ventures SEA & India join the round
Pintarnya, one-stop digital platform for blue collar workers to find employment opportunities in Indonesia, today announced it has raised $8 million from East Ventures and Vertex Ventures SEA & India (VVSEAI), bringing the total seed funding to US$14.3 million, one of the largest seed funding rounds in Southeast Asia to-date.