Budget accommodation platform RedDoorz has received an undisclosed amount in pre-Series A funding from Silicon Valley-based seed fund and startup accelerator 500 Startups to intensify its expansion plans in the South East Asia region, according to a statement. The new funding raised by RedDoorz complements its previous pre-Series A funding… Read more »
By Joji Thomas Philip
One of the longstanding reasons mentioned against increasing the amount of venture capital funding in SEA is that it is a region of six key countries—Singapore, Malaysia, Indonesia, Thailand, Philippines and Vietnam—a collection of markets, and not one uniform market.
Tata Power, India’s largest integrated power company, is identifying growth areas in the international geographies to further expand its presence and strengthen its portfolio globally, the company said in a statement. The company has prioritised four key regions for international play including Africa, South East Asia, Middle East and SAARC… Read more »
India has been ranked as the most attractive investment destination in the world for the next three years with 32% of global business leaders favouring the country, followed by China, South-East Asia and Brazil, according to a survey conducted by accounting firm EY. The survey was conducted during March and… Read more »
Japanese venture capital firm SHO-Zemi Innovation Ventures, which had recently partnered Singapore’s Incuvest to invest in US and Spain-based mobile startup Monkimun, is now looking at deals across South East Asia. As the first step towards targeting this region, SHO-Zemi Innovation Ventures will set up a base in Singapore, a top… Read more »
Russia’s economic slump is set to boost the fledgling financial services technology (Fintech) startup ecosystem in Singapore and South East Asia. Moscow-based venture capital firm Life.SREDA, that focuses exclusively on investments in Fintech mobile and internet projects, is pivoting to Asia, and moving its corporate headquarters to Singapore, executives aware… Read more »