APAC Digest: Horizons Ventures backs Lofelt; Quadrant buys Timezone; NTT deal

APAC Digest: Horizons Ventures backs Lofelt; Quadrant buys Timezone; NTT deal

Tourists pose for photographs on a viewing terrace at Victoria Peak in Hong Kong, China, on Monday, Sept. 11, 2017. Hong Kong stocks fluctuated on Sept. 12 as automakers extended gains driven by China's plan to phase out fossil-fuel vehicles, while banks and property companies weighed on the benchmark index. Photographer: Billy H.C. Kwok/Bloomberg

In multiple developments in the Apac region, Horizons Ventures has backed Lofelt’s Series A round and Quadrant has acquired 50 per cent stake in Timezone while NTT Communications has bought Secure-24.

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