News
News,Venture Capital,Philippines
US’s Chemonics invests $5M in Philippine venture builder Talino Venture Studios
United States consulting firm Chemonics International announced Monday that it has invested $5 million in Philippine venture builder Talino Venture Studios. Supported by the investment, the two firms will work together to build groundbreaking, impact-driven, scalable technology solutions for individuals and communities in emerging markets and beyond.
November 2, 2023
Indian venture capital firm Java Capital announces final close of fund at $6M
Java Capital, an India-based deep tech venture capital fund, has on Tuesday announced the final close of INR 50 crore ($6 million) fund. The fund has seen participation from established founders from the Indian startup ecosystem, high net worth individuals (HNIs) based in India, Middle East and the United States.
November 2, 2023
News,Asia,SEA,Mergers and Acquisitions
AirAsia parent Capital A to list brand management business on NASDAQ via SPAC deal
The proposed business combination will be at an indicative equity value of $1 billion based on an independent valuation of the AirAsia Brand.
November 2, 2023
Japan’s Mitsui invests $58M in ADA via Axiata Digital, valuing ADA at $550M
Following the investment, Mitsui’s stake in ADS will increase from 3.29 percent to 20 percent, resulting in an effective 12.69 percent stake in ADA.
November 2, 2023
Indonesian pet health and nutrition company secures new funding led by East Ventures
Compawnion, an Indonesian pet food company, has secured a new funding led by East Ventures, a sector-agnostic venture capital firm in Indonesia and Southeast Asia. The fund will be allocated to accelerate their distribution, research and development initiatives, broaden the company’s product portfolio, and effectively reach a larger demographic of pet…
November 2, 2023
Funding Societies raises $7.5M in debt from Norfund
Funding Societies | Modalku, the largest unified small and medium enterprises (SME) digital finance platform in Southeast Asia, has on Thursday announced that it has raised $7.5 million in debt from Norfund, a Development Financial Institution (DFI) which operates an investment fund owned by the Norwegian government for developing countries.
November 2, 2023
News,SEA,Features,Singapore,Mergers and Acquisitions
Singapore’s SPH Media to acquire tech media firm Tech in Asia
Financial terms of the transaction will not be disclosed.
November 2, 2023
News,Electric Vehicles & Mobility,Singapore
NTT DATA gets contract from Singaporean government to provide data platform for EV
NTT DATA Singapore (NTT DATA), a unit of the Japan-based telecommunications firm NTT Group, has announced a groundbreaking partnership with electric vehicle (EV) ecosystem orchestrator EV-Electric Charging Pte Ltd. (EVe), a subsidiary of the Land Transport Authority (LTA). NTT DATA will provide an innovative data platform, bolstering EVe's mission to deploy…
November 1, 2023
MoMo integrates payment solution into the Grab app
MoMo, Vietnam’s fintech unicorn, and Grab Vietnam have on Wednesday announced the integration of MoMo’s payment solution into the Grab app. This partnership aims to provide users with a secure and hasslefree cashless payment experience. Also, it allows the two brands to become more integrated in the everyday life of local consumers.
November 1, 2023
Singapore’s VE Technology raises $21.9M in funding led by Mox Capital
VE Technology Group, a Singapore-based enterprise tech ecosystem, has announced a SGD 30 million ($21.9 million) funding round led by alternative investments think-tank Mox Capital. The firm will be utilizing this fresh injection of funds to expand into neighboring Southeast Asian markets, in preparation for an upcoming initial public offering (IPO) listing…
November 1, 2023
Philippine government, Grab working to legalize motor taxis – report
February 22, 2024
Indonesia issues more tax incentives for EV sales – report
February 22, 2024
Singapore’s Blockhead secures funding led by Franklin Templeton
February 21, 2024
Philippine government, Grab working to legalize motor taxis – report
February 22, 2024
Indonesia issues more tax incentives for EV sales – report
February 22, 2024
Singapore’s Blockhead secures funding led by Franklin Templeton
February 21, 2024