Indonesia’s used car industry is currently seeing digital disruption from several local and regional players.
WeWork’s Adam Neumann picks Nasdaq over NYSE for listing
SoftBank said to double stake in Brazilian fintech Banco Inter
Indonesian used car market large enough for over 2 leaders: BeliMobilGue new CEO
Malaysian health tech startup Naluri Hidup eyes up to $5m in Series A funding next year
SoftBank Vision Fund sells 4.9m shares of high-flying portfolio firm Guardant Health
Innoven Capital clocks maiden deals in Vietnam, backs Tiki and UP Co-working
Indonesian startup Base bags seed funding co-led by East Ventures, Skystar Capital
Top SoftBank deals slammed from Wall Street to California
Grab Financial to launch Singapore-Philippines remittance corridor by year-end
SG’s Vertex adds $290m venture fund to ramp up tech investments
Factors such as ‘differentiation,’ ‘scalability,’ and ‘brand recall' are key to the road to profitability, says Ambareesh Murty.
The $14-million micro fund is targeting up to 100 investments in Vietnamese startups.
SGInnovate has invested over $40 million in more than 60 deep tech startups since its inception in 2017.
Most consumer startups and fintechs do not have an NBFC licence and depend on their banking or NBFC partners for repayment of loans.
As more global firms are raising Asia-focused funds, competition in the region is intensifying, says ShawKwei Partners founder and managing partner Ky
Sorabel President Jeffrey Yuwono says the company has closed “some commitments” for its new round.
The venture capitalist has recently made its first close of the second fund at over $20 million.
Concurrently, the firm has reached the first close of its second annex fund, DSGCP Buildout II, at $35 million.
Naspers has invested in food delivery firm Swiggy, ed-tech company Byju’s and most recently social commerce firm Meesho.
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