Economy
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China establishes US$1.44 billion Asia Fintech Fund of Funds (FOF) focusing on M&A deals
Asia Fintech Fund of Funds (FOF), a foundation that targets financial and tech mergers and acquisition (M&A) in Asia has been established with funds of US$1.44 billion.
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Galaxy Holdings, Puji Capital announces joint venture platform to back foreign businesses in Shenzhen
Galaxy Holdings and Puji Capital has recently formed a strategic joint venture to provide investment capital and act as a business incubator for foreign companies entering the China market. They will invest in more than…
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Dasin Retail Trust seeks Singapore IPO to raise US$84.5 million
Chinese mall business, Dasin Retail Trust is looking to raise at least 586.4 million yuan (about US$84.5 million) in its initial public offering on the Singapore Exchange (SGX) mainboard.
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Healthcare startup, eBeeCare to expand into India and China in 2017
eBeeCare, a healthcare startup is leveraging the rise of MedTech in India and China.
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IdeaSpace launches 2017 Philippines startup competition
IdeaSpace formally launches its annual Philippine Startup Competition for the 5th time in 2017, now accepting innovative technology ideas.
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Three VC firms to launch US$375 million Biomedical Translation Fund
The Australian government has selected three venture capital (VC) fund managers, namely Brandon Capital Partners, OneVentures Management and BioScience Managers to manage its A$500 million (about US$375 million) Biomedical Translation Fund which is aimed to…
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China Merchants VC leads funding round in tech media platform 36Kr.com
Technology media platform and startup services provider 36Kr has received around RMB100 million ($14 million) strategic investment in a new funding round led by China Merchants Venture Capital Management.
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Malaysian Cradle Adds 6 New Partners And USD 3.26 Million To Fund Local Tech Startups
Malaysian Cradle held a press conference on Monday, announcing the addition of six new partners in their co-investment scheme as well as the reduction of funds allocated for 2017, from MYR 30 million to MYR…
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Seedcom-Backed Cau Dat Farm Brings Smart Technology Into Vietnam Agricultural Production
Seedcom-backed Cau Dat Farm aims to regulate and improve agricultural quality with the help of Internet of Things (IoT).
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DBS, Bank Of Singapore Seize Opportunities For More Acquisitions In Asian Wealth Mission
Singapore banks are scaling up with DBS Group Holdings Ltd and .Bank of Singapore, Asia’s largest home-grown private bank among those in the lead as they are considering for more acquisitions.