In May, Honestbee halted its food delivery service in Singapore and temporarily suspended its laundry services as part of a strategic review of the bu
The partnership aims to provide working capital to SMEs in an easier and streamlined manner.
The financing will also further expand Orum’s R&D labs in Korea and Boston.
iFlytek develops voice recognition technology for service robots that can react to human voice orders.
This marks one of the largest seed rounds in Southeast Asia.
The acquisition will enable Carelabs to expand its operations in Southeast Asia.
It is set to spend 530 billion dong ($22.7 million) to buy out other Bibica shareholders, including Korean conglomerate Lotte and individual investors
Smartly co-founder Veskivali will continue to support the company as a consultant and will work with VinaCapital on other tech ventures.
The funding was led by VC firm West Hill Capital.
The stake sale is likely to attract interest from Asian banks in markets such as Japan and South Korea, among others.
© 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
rapidly evolving cape. Our packages
come with exclusive access to archive
content, data, discount on summit tickets & more
Be a part of our growing community now.