Malaysia

The joint venture will be disbursing a total of  $680,185 (RM2.75 million). Each of the 11 companies will be receiving an investment of $68,144 (RM250,000) to help grow their businesses.

Black Lake plans to use its fresh capital to invest in product development, manpower, market expansion, and creating an open platform for third-party partners. The company also plans to leverage its latest partnership with the Singaporean Temasek Holdings to further penetrate the Southeast Asian market, specifically in Vietnam and Malaysia.

Global Sadaqah aims to provide high-tech solutions for corporate financial institutions, charitable organizations and other government entities involved and to be the nucleus of the Islamic social finance ecosystem.

iStore iSend currently operates in four countries: China, Malaysia, Indonesia, and Singapore. The company looks forward to bringing its services to other markets in Southeast Asia including Vietnam, Thailand, and the Philippines. Also, a part of the new funding will be utilized in marketing campaigns to attract more online-to-offline (O2O) clients in…

The fresh capital infusion will be used to expand its market reach for new potential investors and to work on its current tech to provide financing solutions for underserved SMEs

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 investments, Creador primarily targets companies in Malaysia, India, Indonesia, Vietnam, Singapore, and the Philippines.

TIME dotCom shelled out over $14.5 million to purchase a 60 percent controlling stake in the company.

In this interview, Eric Cheng, Carsome Co-Founder and Chief Executive Officer, shares his insights on the company's strategy in using data, innovations, and partnerships to address the industry pain points and expansion in Southeast Asia