Search Results for:Antonia Timmerman

Lippo Group’s Ovo enters co-branded partnership with GrabPay in Indonesia

Grab and Ovo have another common link: The Riady family. The Riady family, which owns the Lippo Group, has invested in Grab through Venturra.

Indonesia Digest: Grab-Kudo joins hands with PayTren; M-Cash launches partnership program for SMEs

The latest developments in the consumer internet space in Indonesia has seen ride-hailing transportation app Grab and its Indonesian unit Kudo form a strategic partnership with mobile payment and transaction app PayTren to further penetrate the country’s middle-class market segment, while digital solutions provider M Cash Integrasi has launched a partnership program… Read more »

KKR injects additional capital in UAE-based Joulon to back acquisitions

The company’s business model is based on acquiring businesses in the oil and gas MRO space.

Temasek’s Accuron MedTech leads $1.9m pre-series A in Singapore startup Advent Access

Advent Access, a medtech startup spinoff from A*STAR, aims  to reduce dialysis cost and restore quality of life for kidney failure patients, while tapping into a $90 billion worldwide market.

Indonesia: Azure Ventures leads seed round in SaaS startup MailTarget

Proceeds from the funding round were earmarked for product development and talent acquisition.

Australia’s PE major Quadrant closes latest fund at $864m

Capital for the latest fund came exclusively from Quadrant’s existing investors in Australia and overseas. The sixth fund comes only a year after it raised $746 million – A$980 million – for its fifth fund, its largest at that time, in August 2016. With the latest fund set to be a larger one, Quadrant maintains its record of having every fund larger than its predecessor.

UK money transfer startup WorldRemit raises $40m for Indonesia push

The APAC region now accounts for 25% of WorldRemit’s total revenue. Indonesia makes up about 40 per cent of WorldRemit’s transfers to the region.

China Digest: No Panda Culture gets $10.6m; SoupMaster secures series A

Shanghai-based entertainment and culture agency No Panda Culture (Bukongwenhua) has received $10.6 million from private equity firm Hg Capital and, while Chinese restaurant chain SoupMaster has secured “tens of millions of RMB” in a series A round led by Lightspeed China Partners. Hg Capital backs No Panda Culture Both… Read more »

China Digest: Fosun RZ invests in T2 Cloud; raises $15m series A

Cloud solutions provider T2 Cloud has raised $16.4 million in a series B round while Hangzhou-based cloud computing technology company has grabbed $15 million in a series A financing. Fosun RZ Capital backs T2 Cloud Venture capital firm Fosun RZ Capital has led a $16.4 million series B+ round… Read more »

Indonesia to curate 100 startups to showcase to global investors, aims to have 5th unicorn by 2019

The idea is to enable startups to secure late stages of series A, series B and above funding.