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Singapore’s P2P Lending Startup Validus Capital secures US$15.2 Million in Series B Funding
Validus will invest the new funds in technology development and data analytics, focusing on artificial intelligence and machine learning.
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South Korea’s Woowa Brothers to buy food delivery startup Vietnammm
With the Vietnammm acquisition, Woowa Brothers will compete directly with rivals in Vietnam including GrabFood, Now by Foodie and Go-Viet’s Go-Food.
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Singapore Based Happy Marketer Group Acquired By Dentsu Aegis Network
The acquisition is a strategic step by Dentsu Aegis Network to accelerate their Asia Pacific expansion to the Southeast Asian Market.
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Image Search AI Startup ViSenze raises US$20 million Series C funding round
The capital proceeds will be used to further advance the adoption and impact of visual commerce for retailers and smartphone manufacturers.
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AI-based Marketing Tech Startup SilverPush receives US$5M Series B Funding
The funding round is led by Japanese advertisement solutions firm, FreakOut Holdings Inc.
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DollarsAndSense acquires Singapore financial planning startup fundMyLife
This acquisition aims to provide all-around financial advice for Singaporeans.
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Remittance startup SendFriend Raises US$1.7 Million Funding
Proceedings will go into building the team, focus on community engagement, and marketing efforts.
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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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Indonesian Auto Startup BeliMobilGue Raises US$10 Million in Series A Funding
The funding is led by its parent group Frontier Car Group and joined by Toyota Tunas Indonesia.
