China fintech in Indonesia: Uncertainty bites
Indonesia’s fintech space represents an attractive market for Chinese start-ups looking to go cross-border. However, their reputation has been soured by misbehaving P2P lending platforms
Anonymous phone calls made to borrowers’ relatives demanding repayment; debt collectors asking that debtors strip naked and dance on trains; and a middle-aged Jakarta taxi driver committing suicide after...
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Salesforce invests $15m in India's Darwinbox
Salesforce Ventures has invested $15 million in Darwinbox as part of the Indian staff management technology providers latest growth round. It brings funds raised to date to about $35 million.
Prosus leads $30m Series C for India agtech start-up
Prosus Ventures, formerly a VC arm of South African media conglomerate Naspers, has led a $30 million Series C round for Indian agricultural technology provider DeHaat.
Fund focus: Endiya sees India’s early-stage upside
Having scaled up in fund size to $75 million for its second vintage, Endiya Partners is looking for opportunities in an increasingly attractive yet competitive Indian start-up ecosystem
Monument Group recruits Japan representative
Placement agent Monument Group has appointed Hiroshi Nishimuro, formerly of Morgan Stanley, as its Japan representative to lead fundraising efforts and manage GP relationships in the country.