Following its acquisition, MyWork will continue to operate as an independent company.
Russia’s Yandex.Taxi may issue new shares in IPO, says top shareholder
Disney in talks to invest in Indonesia’s MNC Group unit
L Catterton Asia LPs mull third fund’s fate as spin-out triggers key man clause
OYO to set aside $100m for hiring, boosting infrastructure in China
Grab backs $8m Series A round for London-based Splyt Technologies
Myanmar’s Irrawaddy Green Towers on the block as PE investors seek exit
Sieu Viet Group acquires Vietnamese HR platform MyWork
Indonesian coffee startup Kopi Kenangan grabs $20m funding from Sequoia India
Indonesian P2P lender KoinWorks closes $12m Series B funding round
Temasek backs Sembcorp Industries’ $1.1b bond issue
The firm won the $1 million top prize at the 2019 Startup World Cup last month for its AI-powered route optimization and transport management platform
If Tiki reaches certain KPIs set by investors, it could even raise as much as $150 million in this round.
IPOs & Markets
Ministry of Health, which owns 65% in the firm, may resume the divestment plan soon.
Policy & Regulations
The Vietnam Competition and Customer Protection Authority (VCA) had earlier said that the acquisition had breached Vietnamese regulation.
Q & A
Last year, Sendo raised $51 million in a Series B round led by SBI Group.
Valhalla is targeting a $25-50 million fund but is aiming to hit a first close at $10 million.
Viettel Post seeks to cash in on its nationwide presence, ecosystem of payments and infrastructure.
PE investments in Vietnam in 2018 stood at $1.6 billion, up 285 per cent from 2017.
This marks the Series B investment round for Rever.
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