SOUTHEAST ASIA Volanews

South Korea's Hanwha Leads $300M Round in Grab's Financial Services Arm Southeast Asian ride-hailing and food delivery giant Grab said on Thursday it has raised more than $300 million from investors led by South Korea’s Hanwha Asset Management Co. Ltd for its fast-growing financial services business.

by Reuters

2021-01-14

SOUTHEAST ASIA VIETNAM E-WALLET

Vietnamese E-wallet MoMo Raises Series D Investment Led By Goodwater, Warburg M-Service, the company behind Vietnam’s largest e-wallet by users MoMo, has raised an undisclosed amount in a Series D fundraising, the company announced on Wednesday.

by DealStreetAsia

2021-01-13

SOUTHEAST ASIA PHILIPPINE MYNT AI

PH Payments App Mynt Raises $175M From Bow Wave Capital, Nears Unicorn Status Mynt, the Philippine payments app backed by Jack Ma’s Ant Financial, has raised $175 million in fresh capital from US investment firm Bow Wave Capital Management and existing shareholders.The fresh funding gives Mynt, the fintech arm of Globe Telecom and operator of mobile wallet GCash, a post-money valuation of close to $1 billion, Globe said in a statement Friday.

by DealStreetAsia

2021-01-11

SOUTHEAST ASIA INDONESIA RIDE-HAILING

Gojek In Advanced Discussions With Tokopedia Over $18B Merger, IPO Indonesia’s ride-hailing and payments giant Gojek is in advanced discussions about merging with local e-commerce pioneer PT Tokopedia, ahead of a planned initial public offering of the combined entity, according to people with knowledge of the matter.

by Bloomberg

2021-01-05

SINGAPORE BIOTECH FINANCING

TurtleTree Labs Closes US$6.2M Pre-Series A Round to Accelerate R&D of Cell-based Human Milk The funding comes fresh off TurtleTree's win at the Entrepreneurship World Cup, where it secured US$500K in cash prize

by e27.co

2020-12-18

SOUTHEAST ASIA INDUSTRY REPORT e-Conomy SEA Report

Online Travel Is Expected to Bounce Back to US$60B by 2025, Says E-Conomy SEA Report The total deal value declined slightly from US$7.7 billion to US$6.3 billion, over the same period, attributable to the slowdown in big-ticket unicorn investments.

by e27

2020-11-11

SOUTHEAST ASIA INDIA VC

Lightspeed Launches Extreme Entrepreneurs 3.0 for High Potential Startups in SEA, India Launched in 2018 with a mission to nurture industry-disrupting founders and companies, EE takes neither equity nor does it collect fees for the programme.

by e27

2020-11-09

CHINA GIANT PChome Online

Taiwan E-Commerce Group PChome Launches Service in Southeast Asia This alliance will boost the visibility of Taiwanese products, further differentiate our partners in the respective local markets, and create a mutually-benefiting Southeast Asian e-commerce ecology.

by KrAsia

2020-09-25

THAILAND IPO Market REPORT

Thailand Poised to Become Biggest IPO Market in Southeast Asia This Year Almost $3 billion has been raised from Thai IPOs so far in 2020, most of it from Central Retail Corp.’s $2.5 billion IPO in February before global markets saw the worst of the impact from the pandemic.

by DealStreetAsia

2020-09-23

SOUTHEAST ASIA Digital Consumers INDUSTRY REPORT

Southeast Asia to See 310m Digital Consumers by End-2020 That means almost 70% of the region's population that are 15 years old and older will go digital by end-2020, and the average online spending per person will triple from 2019 to $429 in 2025.

by DealStreetAsia

2020-08-07

SOUTHEAST ASIA VC East Ventures

East Ventures Forms New US$88M Seed Fund for Startups Weathering COVID-19, Announces First Close The sector-agnostic fund is designed for digital companies emerging in the post-lockdown aftermath of the COVID-19 pandemic.

by e27

2020-06-28

SOUTHEAST ASIA INDIA Startups

Sequoia India & SEA Announces Its Third Cohort of Early Stage Startups The programme combines $1 million to $2 million of capital for each startup, with company-building workshops and support from a community of exceptional mentors and founders from companies like Gojek, ONE Championship and Tokopedia.

by DealStreetAsia

2020-04-28

SOUTHEAST ASIA INDIA EVENT

【EVENT】India-Southeast Asia Investment Venture Summit Connecting innovators across the world.

by volanews

2020-04-22

SOUTHEAST ASIA Industry Healthcare

Coronavirus could wipe off $211b from Asia-Pacific economies: S&P S&P cut its 2020 growth forecast for China to 4.8% from previous estimate of 5.7%.

by DealStreetAsia

2020-03-09

SOUTHEAST ASIA SINGAPORE EVENT

Get Your Tickets Now: PingWest to Host SYNC SEA 2019 Summit in Singapore PingWest will be hosting its flagship tech summit SYNC in Singapore on Dec. 6, 2019 as part of its Southeast Asia expansion plan.

by Pingwest

2019-11-25

CHINA SOUTHEAST ASIA THAILAND

China Japan Korea—ASEAN Bank Alliance Was Set up in Thailand China Japan Korea—ASEN Bank Alliance was set up in Thailand. The set-up ceremony was co-hosted by the chairing banks of the Alliance—Kasikorn Bank and China Development Bank.

by Carol

2019-11-06

SOUTHEAST ASIA Industry FINTECH

3 promising fintech verticals in Southeast Asia Depending on where you are in the world, the term ‘fintech’ can conjure up lots of different mental images.

by e27

2019-10-29

US INVESTMENT Capria Ventures

Impact investor Capria Ventures to invest $20m in Southeast Asia US-based global impact investment firm Capria Ventures is investing up to $20 million in Southeast Asia in 2020 to further expand its emerging markets investment and network building footprint.

by DealStreetAsia

2019-10-25

SOUTHEAST ASIA INDONESIA STARTUP

【Exclusive】CoHive | Indonesia’s Intensely Contested Shared Workspace Market CoHive focuses on the Indonesian market, covering 31 regions in the country with over 9,000 members.

by Rachel

2019-10-15

Startups Finmas SOUTHEAST ASIA

Indonesian P2P lender Finmas secures fintech license Finmas is a collaborative venture by local conglomerate Sinar Mas and Hong Kong-based financial services provider Oriente, which also operates Philippine fintech firm Cashalo.

by techinasia

2019-10-15