Donald Wihardja, co-founder of Indonesia-focused Convergence Ventures, has become CEO of MDI Ventures, the corporate VC arm of state-controlled telecommunications giant Telkom Indonesia.
Wihardja (pictured) confirmed the move – previously reported by local media – on LinkedIn. In April, Convergence announced it would merge with fellow Indonesian early-stage investor Agaeti Ventures...
MyGlamm, an online Indian cosmetics brand, has agreed to acquire POPxo, a women-focused content platform for an undisclosed sum. Both companies have several VC backers.
Japan’s MUFG Bank has set up a Singapore-based venture debt business alongside Israeli financial technology start-up Liquidity Capital. Its debut fund has been set up with an initial $80 million.
The economic fallout from COVID-19 will not spare any sector, but careful planning can ensure private equity firms can take advantage of India’s ambitious energy transition goals
China’s aggressive renewable energy development targets are creating opportunities for investors in various points along the supply chain, but inconsistent regulation remains a concern