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Golden Gate Ventures Opens KL Office, Commits US$18 million for Malaysian Startups
Golden Gate Ventures (GGV) made the move to expand and solidify its regional footprint in Malaysia
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Khazanah to sell stake in IHH Healthcare to Mitsui for US$2 billion
The proceeds raised will be used for new investments and capital requirements.
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Singapore Gamification Startup The Praxis Company secures US$3 million from Triple P Capital
The investment will fuel development in the Praxis Company’s existing markets of the Philippines, Singapore, and Thailand as well as expansion into Vietnam and Malaysia.
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Pawn Shop Chain F88 bags new investment from European Investor Granite Oak
Financial details of the investment were not disclosed but F88 said the fund valued the firm at nearly VND1 trillion (about US$43.5 million).
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Robinsons Retail completes US$343 million acquisition of Rustan Supercenters
Hong Kong-based retailer Dairy Farm will own 18.25 percent of Gokongwei-owned retail firm in exchange for the full acquisition of Rustans Supercenters Inc.
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SGInnovate announces three new investments in deep tech
The three deep tech startups invested are Horizon Quantum Computing, Involt, and Portcast.
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Malaysian Travel Platform LokaLocal raises funding from BonAngels
Connecting travellers to more than 800 unique tours and workshop, LokaLocal is the largest experienced-based platform in Malaysia.
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Singapore’s Sendhelper secures US$444K seed funding led by Captii Ventures
The funding will be used to launch Sendjobs, a new business-to-business jobs matching service that will further improve the labor matching process
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Singapore’s Procurri Corporation makes US$22 million acquisition in Rockland Congruity
This acquisition makes Procurri Corporation’s US-based joint venture Rockland Congruity its wholly-owned subsidiary.
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Indonesian fintech CashCash bags Series A funding led by Creation Partner Capital
CashCash plans to use its Series A funding to enhance its platform system while increasing traction and data accumulation by expanding into the credit card, banking, and insurance sectors.
