German early-stage tech investment firm Picus Capital eyes Asian focus starting 2021
Munich-based investment company Picus Capital is set to increase its investments across Asia. The company plans to invest up to $75 million in Asian startups in the next three to…
Indonesia plans to relax foreign investment policies for local tech startups
Indonesia is looking to give local startups a boost by exempting foreign investors from minimum investment requirements. This is seen as an opportunity to continue fostering…
Ant Group-backed Mynt targets unicorn status as it seeks additional funding after $175M investment
After closing a $175 million private equity funding from the New York-based Bow Wave Capital Management, Mynt, also known as Globe FinTech Innovations, seeks to raise more funds…
Tower Capital PE Fund I has first close at $250M, seeks mid-market investments in Southeast Asia by Q1 2021
The fund targets to invest in companies across consumer education, healthcare, manufacturing, and business services in Southeast Asia, with focus on Singapore
Malaysia private equity firm Creador plans $650M fifth fund by March 2021
Malaysian private equity firm Creador is reportedly planning to launch its fifth fund by March 2021 and is targeting a fund size of $650 million. Focusing on growth capital…
Legal management platform Lupl raises $14M, readies for Q2 launch with new appointments
Lupl is a privately-held company based in Washington, DC specializing in the management of large volumes of legal transactions. It has been increasing its presence in Asia as it…
Decentralized data delivery network Bluzelle to launch mainnet on February 3rd
Bluzelle says that customers who have already been using the company’s decentralized database service will find a seamless transition from the previous blockchain network. The…
Salesforce leads HRTech platform Darwinbox’s $15M Series C for Southeast Asia expansion
Darwinbox plans to use this fresh capital to scale its operations within India and Southeast Asian markets, as well as expand in other emerging markets in the Middle East and…
Nova Cofoundery launches second startup-building cohort in Southeast Asia
The startup program targets pre-Seed and Seed-stage startups. It provides mentorship, investments, as well as a full technical or non-technical team to partner startups. These can…
Sea makes major FinTech push as it acquires Indonesia’s Bank BKE
With this acquisition, Sea, which is regarded as Southeast Asia’s most valuable company, strengthens its foothold in the FinTech sector. The company is inching closer towards its…
Crypto.com announces partnership with Alchemy to enhance its developer platform
This collaboration expands the company’s chain support ecosystem as it takes another significant step towards its Mainnet launch. The partnership is set to give rise to a suite of…
