SG’s Evergreen Assets Management Looks to Raise $73m for Indochina Expansion
Singapore-based Evergreen Assets Management is raising a $73 million (S$100 million), five-year, closed-end fund to finance the expansion of its business in Indochina and...
Google snubs WeWork, signs lease with coworking rival
Google has walked away from a potential Toronto lease with WeWork after months of negotiations, agreeing to take space from rival co-working firm IWG...
Airtel-Telkom Merger will leave over 500 Kenyan people jobless
The planned merger between Airtel and Telkom Kenya is taking shape with Telkom announcing a plan to send home most of its employees to...
First Peek At Indian Unicorn Zomato’s Key Financial Ratios Ahead Of...
Food delivery firm Zomato Ltd has filed a draft red herring prospectus (DRHP) for an initial public offering (IPO) of
its shares, enabling a closer...
Industry Report – Ernst & young released “2019 Global Financial Technology...
According to the “2019 Global Financial Technology Adoption Rates Index” reports released by Ernst & Young, the adoption rates of consumer fintech in both...
Tencent Invests in China’s Largest Animal Hospital Chain
Shenzhen-based New Ruipeng Pet Healthcare Group has closed a financing round led by Tencent (HKSE: 0700), bagging hundreds of millions of dollars.
Germany-based pharmaceutical company...
Softbank, Others Close to Investing $55-60m in Grofers
Japanese investment conglomerate SoftBank, along with other investors, is close to investing about $55-60 million in Grofers to help the latter build a war...
Eastern Bell Capital Raised $365 Million Funds
Eastern Bell Capital raised $365 million. It is its first us dollar fund in the past ten years. The investors include Sovereign Wealth, Insurance...
Chinese Industrial Smart Solution Service Provider HeroopSys Raised ¥50 million in...
Chinese industrial smart solution service provider HeroopSys raised ¥50 million in Series B round funding led by DHC and Qiansheng Venture Capital. The investment...
Lightspeed Launches Extreme Entrepreneurs 3.0 for High Potential Startups in SEA,...
Global multi-stage VC firm Lightspeed Venture Partners has announced the launch of the third edition of Extreme Entrepreneurs (EE), a learning programme designed to...
Indonesia’s Fishery Products Marketplace Aruna Raises US$5.5M, Claims 86x Growth Amidst...
Aruna, an online marketplace-cum-auction-platform for fishery products in Indonesia, announced today it has closed a fresh investment round to the tune of US$5.5 million...
China’s Medical Big Data Company Genowis Raised ¥60 Million in a...
China’s medical big data company Genowis raised ¥60 million in a series B round funding led by Huagai Capital and followed by Phoenix Tree...