SEA Digest: EV maker ALVA raises $10m; activpayroll buys Propay Partners

SEA Digest: EV maker ALVA raises $10m; activpayroll buys Propay Partners

FILE PHOTO: A battery charger sign for electric cars is painted on the ground of a parking ground near the soccer stadium in Wolfsburg, Germany, April 6, 2016. REUTERS/Kai Pfaffenbach/File Photo

ALVA, an Indonesian electric vehicle (EV) manufacturer that is part of IDX-listed energy firm Indika Energy, has raised $10 million from Standard Chartered Indonesia. Meanwhile, UK-based human resources tech firm activpayroll has acquired Malaysia-based Propay Partners.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter