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EZAdvance to acquire Indian digital payment startup Alconomy
Following the acquisition, Alconomy’s technology will help EZAdvance in providing digital banking services in the Philippines.
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Singapore startup Pixibo secures follow-on funding from Indonesian investors
Pixibo plans to use the additional funding capital to do retail personalization space and expand its service into the footwear category.
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Vietnam’s fitness platform WeFit.vn to raise US$1 million from CyberAgents, others
Vietnam gym class app raises US$1 million funding for new product development and to expand into new markets.
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Online Investment Startup Ajaib secures US$2.1 million from SoftBank
Ajaib will launch this weekend after four months of testing.
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Indonesia’s gadget portal Pricebook raises funding capital from Mirai Creation Fund II
Pricebook plans to use the fresh funding to further accelerate O2O Integration of its 1000+ offline sellers through its website and social media channels.
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LankaPropertyWeb acquires local unit of property site Lamudi
Following the acquisition, LankaPropertyWeb claims that it will now host the largest collection of property listings in Sri Lanka.
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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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Vietnam’s Luxstay, an Airbnb-like startup secures US$3 million bridge round
Luxstay’s US$3 million bridge round received investments from CyberAgent Ventures, Y1 Ventures, and several other investors.
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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 EuroSports raises US$1.5 million to accelerate development of electric motorcycle EST-X model
The funds were provided by its parent company EuroSports Global (ESG), in addition to a commitment of an additional US$3 million if conditions are meet.
