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
Deals
With its electric vehicles, Vietnam’s Vingroup hopes to grab 1% of the overall US auto market.
To begin, the company intends to sell 15,000 electric vehicles in the United States next year.
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With its electric vehicles, Vietnam’s Vingroup hopes to grab 1% of the overall US auto market.
IFC proposes a debt investment of $250 million in India’s mortgage lender. HDFC
MTG, a Swedish company, has purchased PlaySimple, an Indian game developer, for $360 million.
Furlenco, an online furniture rental company based in India, has raised $140 million in a round led by Zinnia Global Fund.
B Capital invests in Hypersonix, and there are 36 more India deals to be announced.
More Accounts
Indonesia’s MNC Group wants to use its television viewers to promote a new digital banking business.
Emtek, a supporter of Bukalapak, is in talks to invest in Bank of India. In July, Indonesia SG’s Vertex Growth will complete the first closure of its $330 million second fund.
The COVID-19 controversy has caused a drop in startup valuations in Vietnam.
Creador, a Malaysian firm, expects to close two additional agreements by the end of August, putting its fourth fund to good use.
Deals IFC proposes a $250 million debt investment in HDFC, India’s mortgage lender.
The financing will be utilized to fund low-cost housing, including green low-cost housing.
Deals
MTG, a Swedish company, has purchased PlaySimple, an Indian game developer, for $360 million.
Elevation Capital and Chiratae Ventures, among others, are selling their holdings in the company.
Furlenco, an online furniture rental company, has raised $140 million in venture capital from Zinnia Global Fund.
Also present were Lightbox Ventures, CE-Ventures, and angel investor Saket Burman.
B Capital, a venture capital firm, invests in Hypersonix, and there are 36 more India deal updates.
Intel Capital, Firebolt Ventures, Magicus Ventures, and Gokul Rajaram were among the investors in the round.
Taiwan Life invests $32.3 million in TGVest Capital’s technology-focused fund.
TGVest Capital specializes in Taiwanese and Japanese investment opportunities.
Markets & Initial Public Offerings
Syngenta will invest the profits from its $10 billion Shanghai IPO in acquisitions and growth.
The Swiss corporation will be valued at around $60 billion after the IPO, including debt.
According to the CEO of SoftBank-backed Arm, a merger with Nvidia is a better choice than going public.
“We considered going public, but we realized the pressure would kill our ability to create.”
Regulations & Policy
In China, the DiDi app has been stopped due to allegations of unlawful data collecting from users.
Didi has announced that it would no longer be accepting new users.
Regulations & Policy
India’s new e-commerce guidelines, according to Amazon and Tata, will have a negative impact on their business models.
The proposed guidelines, among other things, limit flash sales, prohibit deceptive advertisements, and require a complaints system./n
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