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  • Malaysia’s online used car platform Carsome secures US$19 million in Series B funding

    Malaysia’s online used car platform Carsome secures US$19 million in Series B funding

    vivian
    March 8, 2018

    Carsome’s Series B US$19 million funding was led by Burda Principal Investment.

  • Myanmar’s job distribution and search platform JobNet to raise seven-digit investment in dollars

    Myanmar’s job distribution and search platform JobNet to raise seven-digit investment in dollars

    vivian
    March 7, 2018

    7/3/2018 – Yangon-based jobs platform JobNet announced on Wednesday that it has raised a seven-digit US dollar funding round led by a London-based emerging markets-focused fund which remains unnamed. “With this major round of funding,…

  • Manila Water expands to Indonesia through 20 percent stake acquisition of bulk water supplier STU

    Manila Water expands to Indonesia through 20 percent stake acquisition of bulk water supplier STU

    vivian
    March 7, 2018

    If successful, the acquisition will expand the company’s footprint in Indonesia and become the largest direct foreign investor in Vietnam’s water sector.

  • Nawaplastic acquires additional stakes in Vietnam’s Binh Minh Plastic

    Nawaplastic acquires additional stakes in Vietnam’s Binh Minh Plastic

    vivian
    March 5, 2018

    Nawaplastic will be purchasing the stakes from the State Capital Investment Corporation (SCIC) at VND 2,3000 billion.

  • SGX to see first fintech listing on Catalist board with Ayondo IPO

    SGX to see first fintech listing on Catalist board with Ayondo IPO

    vivian
    February 28, 2018

    28/2/2018 – After a failed reverse takeover (RTO) involving Starland Holdings last year, European social-trading broker Ayondo Ltd has changed its course to become the first financial technology (fintech) enterprise to list on the Catalist…

  • Indonesian P2P firm UangTeman to raise up to US$20 million Series B

    Indonesian P2P firm UangTeman to raise up to US$20 million Series B

    vivian
    February 28, 2018

    28/2/2018 – Indonesian peer-to-peer lending platform UangTeman announced today that it is set to raise a Series B financing round by mid-2018, claiming that it would be one of the largest rounds for a fintech…

  • Dymon Asia PE to close second SE Asia fund at US$420 million

    Dymon Asia PE to close second SE Asia fund at US$420 million

    vivian
    February 27, 2018

    The Dymon Asia Private Equity fund invests in all sectors except real estate, resources, and technology startups.

  • Anthem Asia raises US$40 to US$50 million for Myanmar SME Venture Fund

    Anthem Asia raises US$40 to US$50 million for Myanmar SME Venture Fund

    vivian
    February 26, 2018

    International Finance Corporation, the investment arm of World Bank is also considering an investment of up to US$15 million in the fund.

  • Cerebro Labs launches startup challenge to discover innovative entrepreneurs in the Philippines

    Cerebro Labs launches startup challenge to discover innovative entrepreneurs in the Philippines

    vivian
    February 23, 2018

    Winners of the challenge will receive up to PHP500,000 (approximately US$10,000) in seed funding.

  • Malaysia’s Cloudaron to acquire realtors8 for US$3.2 million

    Malaysia’s Cloudaron to acquire realtors8 for US$3.2 million

    vivian
    February 22, 2018

    The transaction is expected to be completed by the second quarter of 2018.

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