gojek’s senior management donates 25 per cent of annual salary to pandemic affected partners

Indonesia’s ride-hailing company gojek has announced a support fund for drivers, merchants and other partners, who have been adversely affected by economic slump caused by the COVID-19 pandemic.

The capital in the support fund will come from 25 per cent of the senior management and co- CEOs’ annual salary, annual salary increase budget, and corporate partners.

“This fund will support drivers who are the lifeblood of our business and have become a vital part of how cities will cope under reduced movement. What is clear is that all companies have a responsibility to offer support where they can, and this is something we can do to help the world through this extraordinary period,” said co-CEOs Andre Soelistyo and Kevin Aluwi, in a joint statement.

Blue Planet, a tech-driven waste management firm, raises US$25M funding

Singapore-based waste management company Blue Planet Environmental Solution, which converts organic waste into energy and compost, has raised US$25 million from Japanese financial group Nomura, according to Dealstreet Asia.

The new capital will be used to develop its technology solutions further.

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“Together, we aim to deliver our vision of ‘zero waste to landfill’, which is a long-term ambition to eliminate waste from business activities, downstream consumption and waste handling processes,” said Madhujeet Chimni, Co-founder of Blue Planet.

Singapore’s UNL raises US$2M from SG Innovate, others for its universal addressing system

Singapore-headquartered firm UNL today said that it has raised US$2 million, co-led by Here Technologies and VC firm Elev8, according to KrAsia. SGInnovate, SOSV’s Mobile Only Accelerator (MOX), and Amsterdam-based VentureRock also participated in the round.

The capital will be used to develop its technology further and for expansion in Asia. The company is currently building local teams in Singapore, Indonesia, India, and Japan.

UNL aims to give a unique universal address to individuals in rural areas, urban, indoor spaces, underground and airspace.

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“UNL is a whole new way to think about locations. It’s about the economic impact and unlocking places to become the gravity points for location-based services. And it’s about economic inclusion: bringing 4 billion unaddressed people into the global digital economy,” CEO and Founder Xander van der Heijden said.

Image Credit: gojek


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