Grab Philippines has acquired local motorcycle taxi firm MOVE IT’s business operations.
Indonesian MSME enabler Majoo raises $10m in Series A funding
India's Yulu Bikes in talks with Canada's Magna to raise funds for new battery entity
India, SE Asia are global bright spots for growth, says General Atlantic's Sandeep Naik
The LP View: PTT banks on its VC network for seamless due diligence
Bukalapak-backer Spiral Ventures targets to raise over $30m for fourth vehicle
JD-backed GigaCloud Technology trims US IPO target to $28m
Philippine e-commerce startup edamama pockets $20m Series A led by Alpha JWC
Sinar Mas invests $250m in e-wallet startup DANA, Lazada finalises deal too
Gaw Capital eyes real estate venture opportunities in Southeast Asia
Indonesian conglomerate Emtek mulls IPO for OTT platform Vidio
Mitsubishi Logistics has acquired 13.63% of the Vietnamese company
VinFast, a unit of Vietnam’s Vingroup, currently employs 6,000 people.
Telio had raised a total of $51 million by November last year.
Partech Partners, Tekton Ventures, KVision, IT Farma and Sketchnote Partners joined the round
“Ho Chi Minh City is emerging as a major startup tech hub in SE Asia,” says managing partner Dave Richards.
The number of users in Vietnam transacting on GoFood also increased 66% yoy
IPOs & Markets
Hung Thinh Land is backed by Dragon Capital and VinaCapital.
Lazada even posted a profit in the year ended March 2021, before returning to the red.
Max F. Scheichenost oversees the firm’s digital, technology and growth operations.