Investment
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MyEG Capital makes US$1.5 million investment in Chinese edtech startup Jingle Magic
5/4/2019 – My E.G. Services Bhd, otherwise known as MyEG, through its wholly-owned unit MyEG Capital Sdn Bhd is investing 10 million yuan investment (about US$1.5 million) in Chinese education technology group Jingle Magic (Beijing)…
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Malaysian Based Startup TheLorry Successfully Raises Series B Fund
The funding would be used to support TheLorry’s regional expansion in its home country Malaysia and neighbouring countries Thailand, Singapore and Indonesia.
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Indoneisan Unicorn Go-Jek to seal investment deals in Rebel Foods, MPL
The move is aimed at improving Go-Jek’s food delivery business, GoFood to go up against competitor GrabFood.
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Singapore’s Tembusu Partners setups Chinese funds worth US$149 million in Guizhou
The funds launched would primarily be invested in tech, infrastructure, healthcare, tourism and impact-related projects in China.
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Singapore Based Zuzu Hospitality Solutions Raises US$3.7M For Series A
The fresh funds will be used to accelerate the company’s APAC expansion.
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Singapore edtech startup Kalpha receives investment from Vietnam’s Nest Tech
Kalpha plans to use the proceeds to grow the business, expand the team, and market its product.
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AirAsia Launched New Venture Capital Fund – RedBeat Capital
The US$60M fund will operate independently in securing worldwide deals.
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Cambodian Venture Capital Firm Ooctane Closes Debut Fund With US$55M
Ooctane is owned by the local logistic solutions giant WorldBridge Group.
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Singaporean Video Creation Platform Raises US$20M In Series B Funding
The series B funding for 90 Seconds is financed by new and existing investors.
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AI-based Marketing Tech Startup SilverPush receives US$5M Series B Funding
The funding round is led by Japanese advertisement solutions firm, FreakOut Holdings Inc.
