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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…
The startup will use the capital to forge partnerships with more restaurants and expand to the city of Mandalay.
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.
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.
Loc Troi Group will set up two joint ventures with Hunan Yuan’s Science and Technology Developer to expand its market in China.
