SEA Digest: mobilityX, app Zipster shut down; Thunes partners Thai SCB
mobilityX’s partners include SMRT, Grab, Gojek, Anywheel, AXA, CapitaLand, among others.
Quadria, others pick stake worth $100m in Indian drugmaker Encube
PE firm Multiples Alternate Asset Management has exited the company.
India: E-commerce startup 10club raises $40m seed round led by Fireside Ventures
10club will use the fresh funds to expand its portfolio of brands, invest in building its technology stack, and for working capital purposes.
China’s Didi flags IPO share price at top of range or above
At the top of the range, the IPO would raise $4.03 billion which would value Didi at $67.2 billion.
AIA to acquire 25% stake in China Post Life Insurance for $1.9b
China Post Life is a subsidiary of China’s postal service operator, China Post Group Co. Ltd.
SG-based fintech firm Fairbanc secures funding and other SE Asia deals
DealStreetAsia has put together a table listing out major VC deals in Southeast Asia this week.
SG crypto research firm Nansen bags $12m in Series A round led by a16z
Skyfall Ventures, Coinbase Ventures, imToken Ventures, Mechanism Capital and QCP Capital joined the round.
Linklogis, Sunway said to jointly seek Malaysia digital bank licence
Sunway will hold a majority stake in the venture.