Uncategorized
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Singapore Fintech Startup Salutat Successfully Raises Seed Funding
The amount raised for the customer relationship focused fintech startup’s seed round was undisclosed.
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Indonesian Agritech Startup TaniGroup Bags US$10M Series A Funding
This marks one of the biggest funding rounds in Indonesia’s mainly untapped agritech industry, especially an early-stage fund.
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Singapore Based Travellers E-Wallet Startup YouTrip Raises US$25.5M In Pre-Series A Funding
This marks the biggest funding round for a fintech company in the SEA region.
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Malaysia Based F&B Company Loob Holding Sdn. Plans For US$72M IPO Next Year
Loob Sdn. runs more than 200 F&B outlets in Malaysia alone, including brands such as Tealive, Gindaco, and Ko Ko Kai.
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Malaysian State-Owned Oil & Gas Company Petronas Acquires Singaporean Energy Firm Amplus
The acquisition is expected to be completed in later this month.
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Philippine Based Edtech Startup Edukasyon Acquires Academic Directory Site
The acquisition deal value was not disclosed by both parties.
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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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Line Thailand And Line Ventures Allocated US$20M To Thai Startup Scene
The company is aiming to build the first Thai unicorn startup in 3 to 5 years.
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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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Advantage Partners to acquire Malaysian metal solution provider EKO
Post acquisition, Advantage Partners will be working closely with EKO management to upgrade the company’s structure and resources.