Featured
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Cradle Fund launches CIP300, to wean early-stage startups off grants and commercialise their products
The investment product CIP 300 from Malaysia’s early stage startup influencer Cradle Fund will focus on helping early-stage startups commercialize their products.
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MyEG in talks to acquire food review website Eat Drink KL
This talks of acquisition comes in the time when MyEG intends to diversify and increase its commercial business.
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RICE Media receives six-digit seed funding to grow brand across Southeast Asia
RICE Media publishes contents which are centered on cultural journalism with an Asia focus.
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Mekong Capital completes investment in Vietnamese logistics firm Nhat Tin
The value of Mekong Capital’s investment is not disclosed, but the fund typically focuses on investments ranging around US$6 million to US$15 million for a minority stake.
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Media Prima Labs partners 1337 Ventures in Alpha Startup program to fund game developers in Southeast Asia
Alpha Startups: Game Edition aims to transform game developers to entrepreneurs, providing them with the necessary business and marketing skills to propel their products.
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Star Media Group gains board’s approval for stake sale in Cityneon
With the approval, Star Media Group Bhd will sell its entire 52.2 percent stake in the service idea agency.
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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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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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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.