Servify and Bfab have closed investments while CommIT Capital, the corporate venture arm of Rostelecom, has made an investment into the RDP.RU Group
By Shiwen Yap
Events management startup PouchNATION has closed an investment from Malaysia’s Cradle Seed Ventures.
Moving forward, the fintech startup is mulling overseas ops, with the first targets being Malaysia and the Philippines, Bui Sy Phong, founder and CEO of OnOnPay, told DEALSTREETASIA.
AVANA, formerly Square.my, a digital merchants solution, has secured $498,274 from Cradle Seed Ventures (CSV) and Captii Ventures, a multi-stage Southeast Asian investment firm.
Kuala Lumpur-based beauty and wellness marketplace Bfab has raised an undisclosed seed round of funding led by KK Fund, followed by 500 Startups and Captii Ventures. Founder and chief executive Pawel Netreba said the funding is to fuel Bfab’s pre-launch plans – to build the platform, launch its product and build… Read more »
E-commerce is seen as an inevitable business driver in Vietnam, home to some 90 million people, who have quickly adopted the power of Internet. A report by the e-commerce association and research institutes, with the sponsorship of tech giant Google, highlights top trends in Vietnam’s internet-led business landscape, which is seeing… Read more »
Hanoi-based startup OnOnPay, which allows users to easily top up talk time via mobile, Thursday announced that it has secured a six-digit amount in seed funding from Captii Ventures. The round marks the first ever investment by the Singapore-based venture capital fund in Vietnam. The proceeds from the investment will… Read more »
Digital loyalty rewards app startup Pouch has bagged $520,000 seed funding from Malaysia-based Captii Ventures, to launch its payment wristband in the Southeast Asia region. Captii Ventures, the venture investments arm of Singapore stock exchange-listed Captii Group, said in a statement that the firm was impressed with Pouch’s progress so far with its… Read more »
Cradle Fund Sdn Bhd’s strategy to become less of a government grant provider and more of an equity investor is steadily taking shape, with its second batch of equity co-investment partners announced yesterday. The Malaysian early stage startup influencer now has 9 co-investment partners on board. These investors are not entirely… Read more »
Early stage ecosystem influencer Cradle Fund Sdn Bhd has doubled its co-investment value with another batch of partners. The total value raised now stands at MYR56.7 million ($15.97 million). The five new partners are Captii Ventures Pte Ltd, Kathrein Ventures Pte Ltd, KK Fund, Start Up Nation Sdn Bhd and Mercatus… Read more »