The startup announced the first close of its Series A round last month.
J.D. Power’s China-backed PE owner puts company up for sale
CVC-backed sanitary product maker Softex Indonesia mulls $500m IPO
Singapore VC Majuven joins Myanmar-focused Daung Capital’s Series A
Chinese regulator to take over Baoshang Bank due to credit risks
Huawei seeks $1b in first big funding test after US blacklist
IFC mulls $3m investment in Dubai-based logistics startup TruKKer
Vietnam’s Vingroup acquires e-wallet platform MonPay
Singapore O2O platform Fave buys CutQ, FoodTime in SE Asia push
Policy & Regulations
China Construction Bank will be asked to handle the operations of the small lender.
Allianz has appointed Gany Subramaniam as CEO of Allianz Lanka.
Financial details of the transaction were not disclosed.
The firm is backed by the Sassoon family office and Indonesia's Bank CIMB Niaga.
The deal with Nippon Life is critical for Ambani as he tries to bolster the finances of Reliance Capital.
Public markets around the world are becoming less liquid.
Authorities in at least six countries are investigating alleged graft and money laundering at 1MDB.
DCT Gdańsk is one of the fastest growing container ports in Europe with a capacity of up to 23,000 TEUs.
Helix, Mind Fund, True Global Ventures, Blocore, ThunderCore and Alexis Bonte also participated in the round.
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