chalida
Correspondent, Thailand Email: chalida@dealstreetasia.com
Stories by chalida
Krungsri Finnovate invests $2m in Singapore startup Silot’s Series A
This marks the fourth direct deal of Krungsri Finnovate, following its investments in Omise, Finnomena and Baania.
Thai Digest: BreadTalk buys out partner stake; ZEN secures $31.35m via IPO
Zen Corporation, a holding company that operates restaurants and food services, has mobilised $31.35 million via an initial public offering.
Thai marketing platform Tellscore raising Series A for Indonesia push
The startup will deploy around 20 per cent of the proceeds to support its expansion to Indonesia.
UK-based CDC Group extends $15m loan to Nepal’s NMB Bank
The financing marks CDC's first direct investment in Nepal and the second debt investment in the Nepalese banking sector.
Beacon VC leads $6.5m pre-Series A round for Thai wealthtech startup Jitta
Jitta, founded in January 2014, uses Big Data to analyze business financials and automate portfolio management.
Japanese e-commerce major Rakuten invests in US mobile tech firm Altiostar
The deal is subject to approval by the Committee on Foreign Investment in the United States.
Thai lenders TMB, Thanachart to ink MoU to merge operations by month-end
The finance ministry holds a 25.9 per cent stake in TMB, followed by ING which owns 25 per cent.
Thai eSports startup Infofed grabs funding from KK Fund, Event Pop
According to local media reports, the investors have acquired a 25 per cent stake in the startup.
Krungsri Finnovate to double its fund size to back startups, VC funds
Launched in 2017, Krungsri Finnovate was set up with a corpus of $30 million, which should be entirely deployed by the end of 2019.
Thailand’s Banpu picks 21.5% stake in Japanese EV maker FOMM Corp
The investment will allow it to further expand its clean energy business in the Asia-Pacific region.
