Malaysia: iPrice Group raises fresh round from LINE Ventures, existing investors


Last December, the Malaysia-based platform closed a $4-million Series A funding round led by existing investors Asia Venture Group and Venturra Capital.

Malaysian Newsprint stakeholders to sell stake to HK’s Asia Honour

Media Prima’s subsidiary New Straits Times has proposed to sell its 21.36% stake in Malaysian Newsprint for a cash consideration of RM14.15 million ($3.59 million). 

Malaysia regulator asks VCs to apply for $250m pooled fund

The fund will invest in early to late stage firms in sectors such as ICT and biotech

Malaysian SWF Khazanah arm leads $60m round in Rapid Micro Biosystems

Khazanah arm Xeraya Capital is a private equity and venture capital firm focused exclusively on lifescience investments.

Asia-focused HR platform Swingvy raises funds from insurer Aviva’s VC arm

The latest funding round comes almost a year after it raised $1.1 million in seed funding in April 2017.

Malaysia’s HealthMetrics raises $1m from Spiral, Cradle and RHL Ventures

HealthMetrics plans to expand its services to other healthcare verticals to provide a more comprehensive employee medical benefits platform for corporates.

Malaysia’s largest fast-food operator QSR Brands mulls $500m IPO

The listing would be the largest IPO in Malaysia since Lotte Chemical Titan’s $878-million listing last year.

More VCs in SE Asia to bet on deep tech, say 500 Startups, Wavemaker

500 Startups’ Southeast Asia arm is looking at investing more into deep tech companies in the next four years after investing in e-commerce platforms and marketplaces in the last four years.

Gobi says Muslim market, women-led startups offer exciting opportunities

Gobi says Muslim market, women entrepreneurs are underserved by VCs.

Malaysia’s MAVCAP to close two new funds by year-end

The firm plans to raise up to $200 million for a clean-tech fund, while the e-commerce fund is expected to be around RM 100 million (around $25 million).