Vietnam’s OnOnPay grabs six-digit investment from Captii Ventures

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Hanoi-based startup OnOnPay, which allows users to easily top up talk time via mobile, Thursday announced that it has secured a six-digit amount in seed funding from Captii Ventures. The round marks the first ever investment by the Singapore-based venture capital fund in Vietnam. The proceeds from the investment will… Read more »

GrabTaxi raises largest round yet, $350m from Coatue, CIC & Didi Kuaidi

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Southeast Asia’s largest taxi-hailing company, GrabTaxi Holdings Pte Ltd has raised its largest round of funding yet, a whopping $350 million, led by Coatue Management, LLC, China Investment Corporation (CIC) and Didi Kuaidi. With this funding, GrabTaxi’s total funding to-date has reached approximately $700 million, making it one of the… Read more »


P2P lending platform Capital Match raises S$1m Series A round led by Innosight Ventures

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Singapore-based peer-to-peer lending platform – Capital Match – has raised S$1 million in a series A round led by local venture capital firm Innosight Ventures. Existing investors Crystal Horse Investments and CE-Tech Invest also participated in this round, and the company said it would use the funds “for product development, marketing and… Read more »


Exclusive: Jungle Ventures files for $100m second fund with US Securities Regulator

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Singapore-based venture capital firm Jungle Ventures, has officially launched its second fund with a target of $100 million. The fund will be called – Jungle Ventures II, L.P – and the total offering amount is $100 million, the venture capital firm said in a filing with the US Securities Regulator. The… Read more »


Temasek leads $40m funding into invoice marketplace C2FO

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Singapore state fund Temasek Holdings has led a $40 million funding round into US-headquartered invoice marketplace startup C2FO, the company announced. Temasek joins a growing list of C2FO investors including Union Square Ventures, Summerhill Venture Partners, OPENAIR Equity Partners, Mithril Capital, and Tiger Global. C2FO, which is a fintech startup,… Read more »


East Ventures invests in Indonesian delivery venture Popbox

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Southeast Asian VC firm East Ventures has made an undisclosed seed investment in Jakarta-based PopBox, an Indonesian startup that produces automated parcel lockers for ‘last mile‘ e-commerce deliveries and is founded by Adrian Lim and Greta Bunawan. The capital from the seed round is expected to finance expansion of its locker network in… Read more »


Cradle, MBAN launch angel investment scheme, aims for 10 deals by year-end

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Malaysia’s early stage startup influencer Cradle Fund Sdn Bhd has launched an angel investment programme in partnership with the Malaysian Business Angel Network (MBAN) and in association with the London Business Angels (LBA). MBAN targets to have about 10 deals completed by the end of this year, with four to… Read more »


Series A investments in ASEAN tripled in 2014: Golden Gate Ventures

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Aggregated Series A investments in Southeast Asian (ASEAN) internet startups have almost tripled in the 2010-2014 period, from $29 million in 2010 to $87 million in 2014, according to a report  released by Golden Gate Ventures, a venture capital (VC) firm wirh investments spanning Southeast Asia (ASEAN) and Silicon Valley…. Read more »


Jungle Ventures clocks 50% commitment for its $80m-$100m second fund

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Singapore-based venture capital firm Jungle Ventures, which had recently roped in Ratan Tata, chairman emeritus of Tata Sons Ltd, as a special advisor, has clocked 50 per cent commitment to its second fund, DEALSTREETASIA has learnt. Jungle, which had also recently hired David Gowdey, the former operating partner at private equity firm… Read more »


Frontier Digital Ventures buys 32% in Moroccan automotive portal Moteur.ma

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Digital investment firm, Frontier Digital Ventures (FDV), has further consolidated its holdings in Africa, with its third investment in the region – acquisition of 32 per cent equity stake in Moteur.ma for an undisclosed amount. Moteur.ma is a leading automotive portal in Morocco that gathers about 530,000 visits and 4.5 million… Read more »