Venture News

Dentsu Aegis Network to acquire Indonesian digital marketing firm Valuklik

Dentsu Aegis Network, an international media group has forged a partnership with East Ventures to acquire the early stage venture firm’s interest stake...

InterVest, Kejora near to closing US$100 million venture fund

South Korean venture capital firm InterVest Co. and its Indonesian counterpart Kejora Ventures have recently announced the closing of its first round of funding...

WorldRemit raises US$40 million with plans to move into Indonesia

WorldRemit, a London-based money transfer startup is raising up to US$40 million in its Series C financing led by LeapFrog Investments, as it looks...

Rockstart Impact to kick off its first accelerator program in Myanmar

Rockstart Impact, an accelerator programme focused on developing countries is now planning to expand its footprint into Myanmar by searching for local entrepreneurs to...

Indonesia’s Telkom to buy Malaysian satellite VSAT operator TS Global Network for US$26 million

Indonesian state-owned telecom firm, Telekomunikasi Indonesia has recently announced its majority stake acquisition in Malaysian satellite operator TS Global Network (TSGN) for MYR 108.5...

Singapore’s SEA on rocky start at NYSE as IPO offering price skids

Sea chairman and CEO Forrest Li rings the opening bell to marks its IPO debutSEA Ltd. shares has fell for the third day in...

WatchBox receives investment by CMIA Capital Partners to extend international influence

Singapore-headquartered CMIA Capital Partners has led an initial investment round in WatchBox, an international ecommerce platform for the trading of luxury pre-owned timepieces. Financial...

Thai Gulf Energy to invest US$4.6 billion in Southeast Asia power plants

Gulf Energy Development Pcl’s founder Sarath Ratanavadi is planning to invest 150 billion baht (about US$4.6 million) in power plants over the next four...

IFC to invest US$12.8 million in Discovery World Corporation

World Bank’s private investment arm International Finance Corp (IFC) is investing up to 650 million pesos (about US$12.8 million) in Discovery World Corp, a...

MindChamps Preschool to raise US$34.3 million in Singapore Exchange listing

MindChamps Preschool, a franchisor of premium range preschool centers in Singapore has made its trading debut on Friday at the Mainboard of the Singapore...
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