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Singapore’s Venturi Partners invests $25M in Indian footwear brand JQR
Venturi Partners, a Singapore-based consumer fund, has announced a $25 million investment in Just Quick Run (JQR), an India-based emerging brand in the affordable footwear segment.
Malaysia’s Payd secures $400,000 seed extension funding from A2D Ventures, Orbit Startups, AngelSpark
Payd, a Malaysian fintech company specializing in earned wage access (EWA) solutions, has successfully raised a $400,000 seed extension round from A2D Ventures, Orbit Startups, and AngelSpark.
Digital 2025: nearly two thirds of Southeast Asia’s population are on social media
Nearly two thirds (61.5 percent) of Southeast Asia’s population are on social media making up 10.2 percent of the global share of social media identities, Meltwater and We Are Social said Monday.
MUFG’s JACCS takes 49% stake in Carsome Capital to boost auto financing
Carsome Group, Southeast Asia’s (SEA) largest integrated car e-commerce platform, and JACCS Co., Ltd., a Japan-based consumer credit service firm of the Mitsubishi UFJ Financial Group (MUFG), have announced a strategic partnership via Carsome Capital Sdn. Bhd., the financing arm of Carsome.
Partners in synergy: How SariSuki is keeping things fresh in tackling food insecurity
Rising cost, lack of accessibility, inefficient distribution, and a very weak supply chain have made the Philippines the country with the most severely food-insecure people in #SoutheastAsia. Helping to close these hunger gaps and providing a future for many of these marginalized is SariSuki, one of the largest online groceries in the #Philippines which…
East Ventures, SV Investment announce first close of $100M Southeast Asia-South Korea investment corridor fund
East Ventures, a venture capital firm in Indonesia and Southeast Asia, and SV Investment, a publicly listed venture capital and private equity firm headquartered in South Korea, have on Monday announced the first close of their $100 million Southeast Asia fund.
IFC announces first sustainability-linked loan in Indonesia to decarbonize retail properties and support green building development
To support sustainable development and advance Indonesia’s journey to a low-carbon future, the International Finance Corporation (IFC) has announced its first sustainability-linked loan in the country, which will be used to expand green building certification of the portfolio of PT Nirvana Wastu Pratama (NWP), a leading retail and logistics property…
Hong Kong-based cryptocurrency custodian Hex Trust secures strategic investment from Morgan Creek
Hex Trust, a Hong Kong-based digital assets financial service provider specializing in custody, staking, and market services, has successfully secured a strategic funding round led by Morgan Creek Digital with participation from global investors including Injective.
Malaysia’s MEASAT partners China’s SPACESAIL to advance LEO satellite services
Malaysian satellite solutions provider MEASAT Global has partnered Chinese low earth orbit (LEO) satellite operator Shanghai Spacesail Technologies (formerly Shanghai Spacecom Satellite Technology) to advance LEO satellite services.
Bank Islam partners RELDYN to set up TechFin entity to provide finance-related digital technology products, services
Malaysian lender Bank Islam Malaysia Berhad announced Thursday it has partnered Malaysian cloud technology firm RELDYN Tech Sdn Bhd to set up a technology finance (TechFin) entity to provide finance-related digital technology products, services.
