Shopping will never be the same again. Right from one’s daily grocery buying habits to a sudden splurge on some fancy pet accessories, quite a lot of shopping happens online now. And the significance of this shift is most evident if you follow the money.

So, let’s look at who’s getting investor love.

  • In December 2021, 15-minute quick commerce startup Astro—started by former associate vice president of Tokopedia, Vincent Tjendra—raised a US$30 million Series A round led by Accel and Sequoia Capital.

AUTHOR

Sheila Chiang

Based in Singapore, Sheila began her career working in high-growth startups, including a venture-backed online fashion retailer. Fascinated by the startup culture and the rise of unicorns and IPOs in Southeast Asia, she seeks to tell compelling stories on their journeys from idea to exit. She was previously at DealStreetAsia reporting on startups and venture capital.

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