Southeast Asia is a region in Southeast Asia.
Indonesia
Singapore\sMalaysia
Vietnam\sThailand
Philippines
Myanmar
India
Greater China is a term used to describe a
Asia’s rest
World
Internet Economy & E-Commerce
Technology
Infrastructure and Real Estate
Services in the Financial Sector
Infrastructure for Social Development
HiLife bags is a Singaporean startup. Shanghai 2345 Network has provided $6 million in Series A investment.
The funds will be used to expand the smart living solutions provider’s market and create new technology.
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HiLife, a Singapore business, has received $6 million in Series A funding from Shanghai 2345 Network.
Linus, a Boston-based digital brain health startup, has raised $55 million in a Series B round, while Janio, a Singapore-based logistics startup, has raised $8 million from finance firm Choco Up. PayPal Ventures and Bertelsmann have led $41.3 million in fundraising for Indian logistics startups. Gredu, an Indonesian edtech startup, raises $4 million and other Southeast Asian deals More Stories
Bukalapak, an Indonesian company, has raised its IPO aim to above $1 billion due to high demand.
Insignia Ventures Partners is looking to establish a third fund, with a target of $250 million.
After raising stakes, Emtek Group is in talks to join forces with Grab Indonesia.
Thai Union, CJ CheilJedang, and VisVires New Protein are among the investors in Aleph Farms’ $105 million funding round.
Bank Jago is preparing to introduce services on the Gojek platform in Indonesia.
VC (Venture Capital) is a
Linus, a digital brain health firm based in Boston, has raised $55 million in a Series B financing.
Morningside Ventures is said to have led the Series B financing.
Janio, a logistics startup based in Singapore, has raised $8 million from financial firm Choco Up.
The financing was joined by Innoven Capital and Janio’s existing shareholders.
PayPal Ventures and Bertelsmann lead a $41.3 million investment in Indian logistics firm Shiprocket.
The most recent round of fundraising brings Shiprocket’s total funding to $94.3 million.
Gredu, an Indonesian edtech startup, raises $4 million in venture capital, and other SE Asia transactions
This week’s key VC deals in Southeast Asia have been listed in a table by DealStreetAsia.
Analysis Data Vantage: Southeast Asia’s Venture Debt Opportunity
The yearly venture debt opportunity in Southeast Asia is estimated to be between $490 million and $980 million.
TE Asia, a Singapore family office, has invested $50 million in two cardiac facilities in Indonesia.
Altrui will invest 25% in both initiatives, marking the company’s first step into healthcare.
Expara Ventures, a Singapore-based venture capital firm, has announced the launch of a $30 million fund.
The move was ascribed to a shift in the VC’s strategy, according to the company’s founder.
Despite COVID, startups in India scooped over $3.8 billion from 152 PE-VC acquisitions in June.
In the last month, at least nine startups have raised $100 million or more.
Softbank-backed COVID-19 Oyo sees India’s recovery speeding up, but gives no timetable for an IPO.
The hotel aggregator has been hit by layoffs, cost cuts, and losses for months./n
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