News
Clime Capital and Touchstone Partners back solar cleantech platform Stride in $2M seed round
Clime Capital and Touchstone Partners have on Wednesday announced a joint investment into Stride, an innovative cleantech company operating in Vietnam.
OCBC partners ADDX to launch tokenized equity-linked structured note
Singaporean bank OCBC Bank has partnered with the country's private market exchange ADDX to distribute its first tokenised equity-linked structured note to accredited investors.
UK’s Builder.ai raises $250M Series D funding led by QIA
Builder.ai, the global artificial intelligence (AI) powered composable software platform, has on Tuesday announced an investment of $250 million in a Series D funding. The new investment, led by Qatar Investment Authority (QIA) takes the total amount raised by the company to over $450 million with an up to 1.8 times increase in its valuation.
Malaysian PropTech firm LiveIn acquires property management firm KT Management
Malaysian PropTech firm LiveIn said Monday it has acquired a Malaysia-based property management firm KT Management. This merger makes LiveIn the market leader in the space and will provide KT Management’s thousands of tenants, LiveIn’s flexible community living solutions and a better online to offline (O2O) experience.
Indonesian D2C comestics brand Rosé All Day Cosmetics on track to achieve 6 times surge in revenue
Indonesian direct-to-consumer (D2C) cosmetics brand Rosé All Day Cosmetics (RADC) which has reported a four times increase in annual revenue in 2022, said it is on track to achieve a remarkable six times growth in revenue in 2023.
Superbank, Home Credit join forces to provide financing solutions for underbanked Indonesians
PT Super Bank Indonesia (Superbank) has announced a strategic partnership with PT Home Credit Indonesia (Home Credit) to expand access to inclusive financing for underbanked communities in Indonesia.
Princeton Digital acquires land from JLand to develop 150MW data center campus in Malaysia
Princeton Digital Group (PDG), a Singapore-based data center provider, has entered into a definitive agreement with JLand Group (JLG), Johor Corporation’s real estate and infrastructure arm, for the acquisition of 31 acres of land in Sedenak Tech Park (STeP), Johor, Malaysia, to build a 150 MW hyperscale campus.
ORIGIN Conference: Why is Southeast Asia Prime for the Next Decade?
The panellists discussed about the reasons why Southeast Asia is prime for the next decade and where they see opportunities within the region. They also discussed the challenges of investing and operating in the Southeast Asian region and had given some pieces of advice to investors and companies looking into this multi-cultural and diverse market.
Singapore’s TVM Capital Healthcare invests $10.82M in DEBx Medical
TVM Capital Healthcare, a global specialist healthcare private equity firm headquartered in Dubai and Singapore, has on Monday announced an investment, from its TVM Healthcare Afiyah Fund, of EUR 10 million ($10.82 million) into DEBx Medical, an Amsterdam-based medical devices company.
India’s PhonePe secures an additional $100M investment from General Atlantic
Indian financial technology firm PhonePe has on Monday announced that it has secured an additional $100 million investment from General Atlantic, a global growth equity firm, as part of its ongoing fundraise.
