VC-backed Komli to sell India business to SVG
VC-backed digital media firm Komli Media has agreed to merge its India business with that of industry peer SVG Media. This follows the sale of Komli’s Southeast Asia unit to Malaysia-based Axiata Group.
The merger with SVG is expected to create India's largest mobile marketing company with a 60% share of digital ad spend and a reach of more than 150 million internet users, according to a statement. The...
More on Media
Latest News
Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.