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Navis Capital Partners sells its entire stake in Hong Kong tech business services provider QIMA
Navis Capital Partners (Navis) announced the sale of its entire interest in Pinnacle Inspection Ltd (QIMA). Caisse de dépôt et placement du Québec (CDPQ) , is the new equity investor for QIMA alongside the founder, Sebastien Breteau, and his senior management team.
The state of cyber risk in APAC underscores need to invest more in cybersecurity talent, capabilities, and resources
The inadequacy of cybersecurity skills covers the spectrum of cybersecurity professionals, from IT technicians to security engineers and chief information security officers.
Binance Asia Services invests in Singapore private securities exchange HG Exchange
Binance Asia Services, the blockchain ecosystem and cryptocurrency provider behind Binance Singapore, announced its post-money stake of 18 percent in Singapore private securities exchange Hg Exchange (HGX). Through this investment, Binance Singpoare seeks to work with HGX in enhancing offerings of products and services supported by blockchain technology.
Thai proptech firm Lazudi raises $2M funding from Swedish venture capital firm PropTech Farm
Lazudi has raised $2 million investment from PropTech Farm. The cash injection provides the firm with the capital it needs to deploy the technology to simplify the home buying and selling process, which comes at the right time as Thailand’s property market gets ready for growth following the easing of travel restrictions.
Hong Kong logistics startup Pickupp raises $37M Series B funding led by Jardine Matheso
Pickupp has raised another $37 million in Series B funding led by Hong Kong conglomerate Jardine Matheson. Existing investors including Reefknot Investments, Cathay Venture Inc., PChome Online Inc., DRIVE Catalyst, and Swire Properties also joined the round, Pickupp said in a statement. The funding will be used to deepen its presence in Asia and to…
Singapore digital banking firm Tyme raises $180M capital from Tencent and CDC Group
Tyme has successfully secured investments from Tencent and CDC to complete its $180 million Series B capital raise. Tyme, which has its roots in South Africa, is using the funding to grow TymeBank in South Africa and GOTyme in the Philippines.
For Anchanto’s Vaibhav Dabhade, digitalization requires a deep structural shift for companies getting into e-commerce [Q&A]
Technology today is omnipresent and plays an important part in the enablement of all the innovations when it comes to e-commerce. The industry has witnessed tremendous growth in the past few years, which has been bolstered by the recent pandemic.
GIC-backed VNG to raise funds ahead of US listing – report
The company is said to be seeking to raise $200 million to $300 million from new and existing backers.
Binance Labs leads $1.5M Seed Round for BBS Network
Binance Labs has led the $1.5 million seed round for Bulletin Board System (BBS) Network. The investment is part of Binance Labs' broader strategy to grow the global blockchain ecosystem.
Hong Kong’s WeLab acquires Bank Jasa Jakarta in Indonesia to launch second digital bank in Asia
WeLab announced Monday the acquisition of PT Bank Jasa Jakarta (BJJ), a commercial bank in Indonesia, with plans to launch its second digital bank in Asia further to the successful launch of WeLab Bank in Hong Kong. WeLab said it had drawn wide-spread interest from existing and new investors who have already contributed $240 million for this transaction,…
