Potential investors could include buyout firms and regional healthcare companies.
India: Facebook invests $25m in social commerce startup Meesho: Report
Singapore’s Trax acquires US-based retail rewards app Shopkick
Indonesian P2P lender KoinWorks closes $12m Series B funding round
Temasek co-leads $130m Series E in US-based lending platform Blend
India Dealbook: TCS raises stake in Japanese JV; Affle acquires RevX Inc
Sieu Viet Group acquires Vietnamese HR platform MyWork
Piramal Group in talks with SoftBank, GIC to raise up to $750m
Myanmar’s Irrawaddy Green Towers on the block as PE investors seek exit
SG’s Tin Men Capital raises $20.8m from 50 investors for first fund
Sinopharm, Cedarlake and SG’s Novena form $150m SE Asia healthcare fund
Ybanez, who started Micab in 2012, stepped down in May.
Ninja Van will invest $4 million in the Philippines by the fourth quarter of 2019.
Plano, launched in 2017, plans to use the funding to expand its operations.
Policy & Regulations
Grab Philippines said that the 8,000 TNVS drivers will be deactivated by June 10.
SMFG, like other Japanese lenders, has been stepping up overseas investments in the past few years as it continues to face razor-thin margins at home.
Navegar is seeking $150 million for the new fund.
BitMEX Ventures, the investment arm of Seychelles-based HDR Global Trading, has made an unspecified investment in Philippine Digital Asset Exchange (P
BPO Unibank will continue to own 85% of its rural banking arm.
Women-led businesses account for about 60 per cent of all MSMEs in Asia and the Pacific.
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