Startup
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Microfinance lender MFIL adds on US$1 million debt from Maybank
MFIL will use the proceeds from the US$1 million equivalent loan to expand its business and loan portfolio.
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Cashback site Dealcha! secures seed investment from 500 TuksTuks and others to accelerate growth
Despite global popularity, the cashback model has yet to take off in Thailand.
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IFC to invest US$10.2 million in Vietnam agribusiness PAN Farm
IFC’s investments in PAN Farm will support its expansion of seed production and new export of flower and vegetable operations.
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Kresna-backed M Cash Integrasi plans year-end IPO for business expansion
Last month, Kresna had acquired a 17.6 percent stake in digital kiosk firm M Cash Integrasi.
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Media startup Boombastis raises pre-Series A funding from Unistellar
Boombastis plans to introduce “a new kind of news”.
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Indonesia’s pastry shop chain, The Harvest secures eight-digit investment from Falcon House Partners
The Falcon House Partners typically invest in the US$15 to US$20 million range.
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Digital payments firm ONGO to boost Myanmar’s cashless transactions
National Bank of Canada has acquired 22 percent of the company’s shareholding last week.
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Rework opens second coworking space in Kuningan, South Jakarta
Rework is also launching a mobile app that will complement the whole coworking experience.
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Japanese job-matching platform for science students, LabBase secures US$425K seed funding
The capital raised will be used to strengthen the platform’s system development process.
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Solar power firm Jinko Malaysia receives US$60 million investment from IFC
The capital raised will be used to support the firm’s technology investment as well as to fund related working capital for its existing production facilities in Penang.
