Contract manufacturers are reconsidering their exposure to China in the light of trade tensions with the US. Southeast Asia stands to benefit, but companies will have to navigate an increasingly complicated landscape
Vertex Ventures leads a $41 million investment in Singapore's InstaRem to grow its global digital payments infrastructure
Hong Kong delivery start-up Lalamove recently raised $300 million in Series D funding. Blake Larson, head of the company’s international division, discusses business models, cross-border expansion, and vehicle sales
South Africa-based conglomerate Naspers plans to spin-off its internet businesses – which include stakes in Chinese giant Tencent Holdings and Indian food-ordering platform Swiggy – through a listing on Euronext in Amsterdam.
Singapore-based venture capital firm Golden Gate Ventures has partnered with South Korea's Hanwha Asset Management to invest in Series B rounds for Southeast Asian start-ups.
Dymon Asia Private Equity (DAPE) has submitted a take-private offer for Singapore-listed digital marketing services provider Challenger Technologies that values the company at about S$195 million ($145 million).
East Ventures has joined a Series A investment of undisclosed size in Indonesian car sales platform operator Mobilkamu.
Sequoia Capital India has led a $7.6 million round for Indonesian logistics services provider Kargo Technologies.
Malaysian government-backed private equity firm Ekuinas has acquired a 40% stake in domestic cloud services provider Exabytes Capital Group for MYR44 million ($10.8 million).
Singapore-based digital payments service provider InstaRem has closed its Series C round with $41 million from a group of investors including Vertex Growth Fund and South Korea’s Atinum Investment.
Tookitaki, a Singaporean technology provider that helps institutions develop regulatory compliance programs, has raised a $7.5 million Series A from a group of investors including Jungle Ventures.
Vietnam’s VinaCapital has made investments of undisclosed size in two local start-ups - financial technology provider Wee Digital and marketing services player UrBox.
VisVires New Protein, a Singapore-based VC firm specializing in food technology has led a $5 million round for Nutrition Innovation, a domestic start-up focused on healthier sugar production.
Singapore-based digital health start-up CXA Group has raised $25 million in funding from a string of strategic backers, including HSBC and the Asia investment arms of Singtel and Sumitomo Corporation.
Strategic investors are jockeying for position in Southeast Asia's blossoming technology space, hoping to gain a foothold with local start-ups before the market reaches a saturation point
Singapore-based 90 Seconds raises $20 million to expand its online video production networking marketplace
Google brings technological expertise as well as financial backing to its investment in Vietnam-based English education provider Elsa
Southeast Asian ride-hailing and online-to-offline (O2O) services platform Grab has secured a $1.46 billion investment from SoftBank Vision Fund. The commitment brings the capital raised in its ongoing Series H to over $4.5 billion.
Astra International, an Indonesian conglomerate that controls the country’s largest automotive distributor, has agreed to invest $100 million in the first tranche of a Series F round for ride-hailing and delivery platform Go-Jek.
Singapore-based United Overseas Bank (UOB) has led a $65 million Series B round for Indonesian healthcare technology provider Halodoc.
Malaysia’s AirAsia has launched a venture capital fund in partnership with US-based 500 Startups that will focus on digital Southeast Asian businesses in travel, logistics and financial technology.
Singapore-based investors Quantum Energy Asset Management and RE Lee International Capital have launched a fund targeting $100 million for early to growth-stage financial technology start-ups.
Gradient Ventures, a VC arm of Google focused on artificial intelligence (AI), has led a $7 million Series A round for Vietnam-based English language education technology provider Elsa.
Philippines private equity firm Navegar has launched its second growth fund focused exclusively on its home market with a target of $150 million.