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CVC to Explore US$1.8 Billion Sales of Malaysia-based Funeral Group Nirvana Asia
The deal for Asia’s largest funeral service provider is said to be worth between US$1.5 to US$2 billion.
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500 Startups Vietnam to launch US$100K investment accelerator programme in partnership with South Korean GS Shop
The new accelerator programme for 2019 has a total investment of US$100K, which will be used to support three batches of Vietnam-connected startups.
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Indonesia’s travel tech unicorn Traveloka acquires three regional rivals
Traveloka has reportedly paid US$66.8 million to acquire three online travel agencies through a shell company named Jet Tech.
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Rebranded GreatDay HR, Indonesian Human Resource Platform raises US$2.5 million in pre-Series A funding round
GreatDay HR was previously known as SunFish Go, which was launched by DataOn (PT. Indodev Niaga Internet) in 1999.
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Indonesian hospitality company ARTOTEL secures strategic funding from Intudo
13/12/2018 – ARTOTEL Group, an Indonesian hospitality company has today secured a strategic investment led by sole investor Intudo ventures. ARTOTEL is set up in 2013 by siblings Erastus and Christine Radjimin. The group specializes…
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Singapore’s ICT Fund to launch US$100 million second vehicle in 2019
ICT Fund II will add another 12 to 14 enterprise technology firms across Southeast Asia into its portfolio.
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AUM Biosciences secures US$1.5 million seed funding to develop affordable oncology drugs
AUM did not reveal the names of the participating investors or any other financial details.
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Philippines Live Streaming startup Kumu grabs US$1.2 million from Summit Media
Part of the funds will be allocated to supporting live streamers with their creative process.
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Singapore’s EDBI joins US$90 million funding round in US startup Pindrop
Pindrop said it would use the latest funding to boost its European expansion plans and its drive into IoT.
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WeWork’s biggest Southeast Asia co-working space debuts in Malaysia
WeWork’s Malaysian debut is slated in the first quarter of 2019.
