VCNN

Dronomy's drone-based solution that helps construction companies enhance their site management and project control by building knowledge into their projects succeed in securing an undisclosed investment led by Mitsui Fudosan's 31VENTURES.

Ruvento is announcing a new US$25 million seed fund for hardware startups in need of capital from Singapore China and the United States.

Temasek Holdings Pte, Singapore's state-owned investment fund, said it has become a limited partner in Oxford Science Innovation. The financial terms of the investment were undisclosed.

JP Morgan Asset Management invests Rs 200 crore (about US$ 30 million) in Assetz Property. The capital will be used to build an 18.5 acre residential project in north Bangalore.

PT Bumi Resources Tbk (BUMI) will issue new shares worth US$ 2 billion. The maneuver was carried out by Bumi Resources to repay its debt to China Investment Corporation along with eight other investors.

Senjō Group announced that it has partnered with Tjaara, investing US$1.2 million in the Singapore-based B2B marketplace that connects small to medium-sized wholesalers to a network of Mandarin-speaking manufacturers.

F&N owned by Thailand's richest man, Charoen Sirivadhanabhakdi is to acquire Vietnam Dairy Products JSC (Vinamilk) to expand its market share in Southeast Asia, against Coca-Cola and Pepsi.

Vehico, an automobile IoT startup has received an undisclosed amount of angel investment from Calcutta Angel Network and Appliyifi, an online platform for startup investments.