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
Krafton, the producer of the PUBG video game, has lowered its IPO aim by a quarter.
The offering would raise 4.3 trillion won ($3.8 billion) at the top end of the range.
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Krafton, the producer of the PUBG video game, has lowered its IPO aim by a quarter.
The Future Fund of Australia is ranked first among sovereign investors in terms of governance.
Malaysia-listed Vivocom and Strattner Group have agreed to invest $350 million in each other.
India: Flipkart has launched the Shopsy app for small businesses.
MAVCAP appoints new chairman; QIC chief to step down in 2022
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Adrian Cheng’s C Ventures invests in CASETiFY, a tech accessories business aimed at Gen Z, while Velocity Ventures closes its first $20 million SE round. Hospitality and tourism fund with a focus on Asia
WeMaintain raises $36 million in Series B fundraising for worldwide development and establishes a Singapore office, according to HarbourVest WeMaintain raises $36 million in Series B funding for global expansion and opens a Singapore office.
Alpha JWC of Indonesia has filed for a $300 million third venture capital fund.
Deals
The Future Fund of Australia is ranked first among sovereign investors in terms of governance.
The NZ Super Fund, Norges Bank Investment Management, and CDPQ were the next best performers.
Vivocom, a Malaysian company, has signed a $350 million investment agreement with Strattner Group.
Strattner has agreed to buy up to 9% of Vivocom’s shares for a total of 1.45 billion Malaysian ringgit.
Flipkart has launched the Shopsy app for small businesses in India.
Users can start their online entrepreneurial career by registering on the app with their phone numbers.
MAVCAP appoints a new chairman, and the QIC CEO will go down in 2022.
From 2018 to February of this year, Alizakri was the CEO of Malaysia’s Employees Provident Fund (EPF).
Deals
Tiki, a Vietnamese e-commerce company, is claimed to have received $100 million in the first Series E tranche.
According to insiders, the second tranche will raise up to $100 million in the coming months.
Grab-Singtel JV joins fight for Malaysian digital bank licenses
BigPay, the fintech arm of budget airline AirAsia, has also applied for the license.
People
Khalid al-Dabbagh, Aramco’s CFO, is expected to resign this week.
Al-Dabbagh will be replaced by Ziad Al-Murshed.
Southeast Asia acquisitions and private equity agreements fuel Asia’s M&A frenzy in the first half of the year.
In the first half of 2021, Southeast Asia agreements increased by 83 percent to a new high of $124.8 billion.
Boltech, a Singapore-based insurtech business, has raised $180 million at a valuation of over $1 billion.
Activant Capital Group, a private investment entity, led the capital round./n
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