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Indonesian laundry service provider Ahlijasa raises seed funding to expand in Greater Jakarta
Ahlijasa will use the capital to expand its on-demand laundry services within the Greater Jakarta area, before moving into other cities.
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RICE Media receives six-digit seed funding to grow brand across Southeast Asia
RICE Media publishes contents which are centered on cultural journalism with an Asia focus.
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GDP Ventures in talks to acquire Indonesian online travel agent Tiket.com
Venture capital firm GDP Ventures is currently in talks to acquire more than 50 percent of shares in Indonesian online travel agent Tiket.com. If successful, the investment into Tiket.com will be the second strategic investment…
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Myanmar’s Food2U secures six-digit funding from locales to expand operations
The startup will use the capital to forge partnerships with more restaurants and expand to the city of Mandalay.
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P2P lending platform Taralite raises US$6.3 million from Japan’s SBI Group
Taralite started out as a loan platform for personal life events such as weddings and Haji pilgrimage, but it now focuses on providing working capital for small businesses.
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Mekong Capital completes investment in Vietnamese logistics firm Nhat Tin
The value of Mekong Capital’s investment is not disclosed, but the fund typically focuses on investments ranging around US$6 million to US$15 million for a minority stake.
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Loc Troi Group enters joint ventures with Hunan Yuan in China
Loc Troi Group will set up two joint ventures with Hunan Yuan’s Science and Technology Developer to expand its market in China.
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Media Prima Labs partners 1337 Ventures in Alpha Startup program to fund game developers in Southeast Asia
Alpha Startups: Game Edition aims to transform game developers to entrepreneurs, providing them with the necessary business and marketing skills to propel their products.
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TNB completes acquisition of major solar power portfolio Vortex Solar in Britain
The acquisition has a total enterprise value of circa GBP 470 million.
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Star Media Group gains board’s approval for stake sale in Cityneon
With the approval, Star Media Group Bhd will sell its entire 52.2 percent stake in the service idea agency.
