VDS aims to have 26 million subscribers under the VDS ecosystem and 600,000 payment service points by 2025.
Vungle helps mobile application developers monetise their apps through innovative in-app ad experiences.
The investment will also see FPT deepen its presence in Southeast Asia’s smart home market.
The sale drew interest from potential buyers who ultimately baulked at the franchise's NZ$120-million ($80.26 million) price tag.
The firm is said to target $300 million for a USD-denominated portion of the fund.
The two investors have also agreed to buy an additional 14 hectares of land for the estate.
The social selling solutions startup Ecomobi is in the process of raising $4-5 million from new investors.
The aviation sector entry plans come after Vingroup raised $1-billion investment from SK Group.
The deal marks the first investment from the private equity firm's tenth vehicle, Quadrant Growth Fund.
In addition to physical products and conventional services such as bill payments, it plans to offer everything from insurance packages to the latest a
© Copyright DEALSTREETASIA 2014-2019 All rights reserved.
Forgot your password?
We will never share your information with third parties.
Already have an account? Sign in here
If you don’t already have an account click the button below to create your account.
Unlock your competitive advantage in a
rapidly evolving landscape. Our packages
come with exclusive access to archive
content, data, discount on summit tickets & more.
Be a part of our growing community now.