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Ayala buys 49 percent stake in Zalora
The deal will help Ayala group provide innovative solutions to the evolving market.
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AI firm Appier secures US$33 million in Series C to set up R&D unit in Singapore
Appier is one of Sequoia’s early investment in AI deep tech.
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Synergo gets seed funding from East Ventures to develop HR software
Synergo also targets further funding at the end of this year to expand the team.
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Manila Innovation Hub Launchgarage to raise maiden VC fund next year
Launchgarage is looking to fill the gap of funding required by startups who just graduated from a seed stage.
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ADM raises US$94.6 million to increase stake in Singapore’s Wilmar
Archer Daniels Midland (ADM) has increased its share in Wilmar International from 24.3% from 24.9%.
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Japanese startup Ambient Intelligence raises funding to develop submersible underwater drone
From aerial exploration used in construction sites to the commercial use of taking high-ground selfies, drones have been cited for its many applications up in the air until the arrival of this Japanese startup enter…
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Trendlines and Shoushan Wealth form joint venture to pave way for medical and agricultural company in China
Trendlines will hold a 51 percent interest in the joint venture, with Shoushan holding the remaining 49 percent.
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Filipino Startup Pawnhero scores partnership with PLDT fintech arm and US$9.7 million in funding
According to the central bank, 86 percent of Filipino households do not have a bank account and only about two percent of households have credit cards.
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Myanmar Strategic Holdings headed for London listing to raise US$4.3M
The IPO could value Myanmar Strategic Holdings at an estimated market capitalization of US$22.7 million, with its ticker symbol being SHWE.
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Indonesian Laku6 to raise US$3 million in series A for trading used phones
Laku6 is an Indonesia startup that provides phone trading services.
