Investment
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StanChart PE to join Loc Troi Group’s Board of Directors
Loc Troi Group is the leading distributor and manufacturer of crop protection chemicals (CPC) in Vietnam.
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Accion, DeepBlue upsize First Circle’s seed funding to US$2.5 million
First Circle said Wednesday that their first private equity funding was closed successfully after being upsized by more than 108 percent. Global venture capital firms Accion Venture Lab and DeepBlue VC provided the capital to…
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MAVCAP set to hit US$50 million first close for Meranti Fund and Global Islamic Economy Fund
Apart from the Meranti Fund and Global Islamic Economy Fund, MAVCAP is also working on a clean-tech fund.
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Panasonic launches new VC arm with US$100 million corpus
OneSmile app combines various features, existing platforms and functions in one app,
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Bangkok Bank announces International Fintech Accelerator in collaboration with Nest
Thailand’s largest commercial bank is on the hunt for startups with fresh ideas through the launch of a new accelerator programme in collaboration with early-stage VC Nest. Known as InnoHub FinTech Accelerator, the fintech accelerator…
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Life.SREDA, MDEC in strategic partnership to launch US$20 million joint fintech fund
Life.SREDA, a Singapore-based venture capital (VC) firm with Russian origins, made an announcement that it has entered into a strategic partnership with Malaysia Digital Economy Corporation (MDEC) to launch a joint fintech investment fund. The…
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Sequoia China, CMC Holdings to establish sports investment fund
Sequoia Capital China and China Media Capital (CMC) have jointly established a sports investment fund to back and consolidate global premium sports assets. The two VC firms said today, that the fund has completed its…
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Carlyle to launch new fund backed by IFC, targeting US$1 billion commitment to invest in India and China
The Carlyle Group, a US-based private equity firm is raising US$1 billion under its Asian growth fund to further expand its investment portfolio in China and India. Participating in the growth fund as one of…
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Darma Tech Labs, operator behind Makers Boot Camp accelerator to launch US$17.5 million investment fund with Kyoto Bank
Drama Tech Labs, the operator behind Makers Boot Camp has agreed to establish an investment fund with Kyoto Bank to support IoT startup.
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Baidu said to make US$100 million investment in Chinese electric car startup NextEV
Internet giant Baidu reportedly plans to invest about US$100 million in NextEV, a high-end electric car manufacturer founded in Shanghai in November 2014. The alliance is intended to boost Baidu’s faltering autonomous driving business.
