Naluri is also in the midst of expanding its operations to Indonesia, Singapore and the Philippines.
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
The startup is also backed by China’s Morningside Ventures and US-based marquee startup accelerator Y Combinator.
The investments into e-commerce firm Tiki and shared workplace UP mark Innoven's debut deals in Vietnam.
Rest of Asia
SoftBank has put more than $10 billion into WeWork and is a key financier of businesses in the gig economy.
Amistad Ventures has invested an undisclosed amount in existing portfolio company EasyEcom.
It is currently raising its second fund, which has a $150 million hard cap.
The Vertex Growth Fund will invest $10-15 million per company.
The announcement confirms an earlier report by DealStreetAsia in July.
Vynn Capital and OPTI will collaborate to bolster the ecosystem for early-stage companies in Japan and Southeast Asia.
SoftBank Capital NY is a technology investment firm founded by Japanese banking giant Softbank Group Corp.
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