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
Markets & Initial Public Offerings
Following Beijing’s crackdown, Chinese medical data firm LinkDoc has canceled its planned IPO in the United States.
It is the first known Chinese company to postpone an IPO since the crackdown began last week.
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Following Beijing’s crackdown, Chinese medical data firm LinkDoc has canceled its planned IPO in the United States.
Telenor sells its Myanmar operations to M1 Group for $105 million. AirAsia’s fintech unit BigPay will join the Thai market following the acquisition of GoPay.
MiRXES, a Singapore business, has raised $77 million in a Series C round headed by CR-CP Life Science Fund. HiLife, a Singapore startup, has received $6 million in Series A funding from Shanghai 2345 Network.
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Bukalapak, an Indonesian company, has raised its IPO aim to above $1 billion due to high demand.
Insignia Ventures Partners is looking to raise 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 launch services on the Gojek platform in Indonesia.
Deals
Telenor sells its Myanmar assets to M1 Group for $105 million.
Telenor booked a loss of $752 million Norwegian crowns in May when it wrote off the value of its Myanmar unit.
After acquiring GoPay, AirAsia’s fintech business BigPay will join the Thai market.
While GoPay’s operations in Thailand come to an end, both parties will work with the Bank of Thailand to ensure a smooth transition.
MiRXES, a venture capital firm based in Singapore, has raised $77 million in a Series C round led by CR-CP Life Science Fund.
The CR-CP Life Science Fund is a joint venture between China Resources and the Charoen Pokphand Group of Thailand.
HiLife bags is a Singaporean startup. Shanghai 2345 Network has provided $6 million in Series A funding.
The funds will be used to expand the smart living solutions provider’s market and develop new technology.
VC (Venture Capital) is a
Linus, a digital brain health startup based in Boston, has raised $55 million in a Series B round.
Morningside Ventures is said to have led the Series B round.
Janio, a logistics startup based in Singapore, has raised $8 million from fintech firm Choco Up.
The round was joined by Innoven Capital and Janio’s existing shareholders.
PayPal Ventures and Bertelsmann lead a $41.3 million investment in Indian logistics startup Shiprocket.
The most recent round of funding brings Shiprocket’s total funding to $94.3 million.
Gredu, an Indonesian edtech startup, raises $4 million in venture capital, and other SE Asia deals
This week’s major 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./n
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