Investment
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VC Firm Intudo Ventures Closes US$50 Million Second Fund
The firm currently focuses investing on Indonesian based companies only.
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Mapletree Industrial Trust secures US$129 million via private placement
MIT proposes a private placement of 90.44 million new units to raise a minimum gross proceeds of S$175 million (about US$129 million).
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Interior Design Marketplace Atap.co receives investment from RHL Ventures
Atap.co will use the fresh capital to solidify its market presence in Malaysia, which includes developing a physical experience centre in Petaling Jaya.
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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.
