keertan
Stories by keertan
Deals Digest: Australia’s Leonardo.Ai raises $31m; Japan’s Gatcha Monsters bags $3m
Side Stage Ventures as well as US-based Smash Capital and TIRTA Ventures invested in Leonardo.Ai.
MY Digest: SC plans to ease rules for startup fundraising; Maybank names new SG chief
The Securities Commission is planning amendments to the Capital Markets and Services Act (CMSA).
Malaysian investors vouch for continued government support for VC ecosystem
Over 67% of venture capital in the country has come from government sources.
SEA Digest: Malaysia’s Qarbotech bags seed round; Box Vietnam raises fresh funding
Qarbotech's round included innovation grants from Temasek Foundation and Khazanah's Dana Impak.
MBK Partners launches offer for 20% stake in battery storage maker Hankook
The tender offer values Hankook at $1.45b.
Malaysian pension fund KWAP buys two properties from Singapore’s Centurion in $49m deal
Both properties are purpose-built workers' accommodation situated on freehold land in Penang & Johor.
SEA Digest: Mayani partners with GCash; Nomupay aquires Total Processing
The Mayani and GCash partnership will facilitate loans for organised farmers and fisherfolk in rural areas.
SEA Digest: Grab-led GXBank launches in Malaysia; FarmByte invests in SG agritech firm
GXBank is also planning to launch a credit card in partnership with Maybank.
SG-based cleantech startup Green Li-ion’s losses widen 66.5% despite nearly 5x jump in revenue
A huge jump in expenses and cost of sales contributed to the losses.
Bain Capital said to have raised $7.1b for latest Asia-Pacific buyout fund
Its predecessor fund, which closed in December 2018, raised $4.65b.
