Investment
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The Fit Company Secures Seed Investment from East Ventures
The wellness tech startup plans to use the proceedings to expand its on-demand fitness platform infrastructure that integrates all business lines belonging to The Fit Company.
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MAPCO, CITIC Construction sets up US$500 million agriventure
MAPCO will develop a rice project in Myanmar together with the Chinese construction group.
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Malaysian PE firm Ekuinas launches fourth fund at US$240 million
Ekuinas will use the funds to continue accelerate the growth of local and high potential businesses.
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BEENEXT targets at least six investments in Indonesia in 2019
The venture capital firm is looking to tap new opportunities and entrepreneurial talent in the market.
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Singapore’s Thakral Corp enters JV Deal with UK Online Beauty Retailer CurrentBody
Thakral Corporation’s joint venture (JV) with Current Body is aimed at expanding its market in China.
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ESP Capital, Nextrans makes investment in social selling platform Ecomobi
Social selling platform Ecomobi has completed its second funding round from Vietnamese ESP Capital and South Korean Nextrans.
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Play Ventures raises US$22 million fund targeting gaming startups
Play Ventures is looking to invest both in game development studios and in startups that create tools related to video games.
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CVC to Explore US$1.8 Billion Sales of Malaysia-based Funeral Group Nirvana Asia
The deal for Asia’s largest funeral service provider is said to be worth between US$1.5 to US$2 billion.
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500 Startups Vietnam to launch US$100K investment accelerator programme in partnership with South Korean GS Shop
The new accelerator programme for 2019 has a total investment of US$100K, which will be used to support three batches of Vietnam-connected startups.
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Singapore’s ICT Fund to launch US$100 million second vehicle in 2019
ICT Fund II will add another 12 to 14 enterprise technology firms across Southeast Asia into its portfolio.
