Ayala Corporation
Philippines venture builder, Ayala engineer health-tech merger
917Ventures, a corporate venture builder controlled by Philippines-based telecom operator Globe Group, has merged its KonsultaMD telehealth platform with assets held by Ayala Corporation to create a one-stop health super app.
Philippines fintech player Mynt gets $300m at $2b valuation
Warburg Pincus, Insight Capital, and Bow Wave Capital have led a $300 million round for Mynt, the Filipino financial technology company behind the mobile wallet GCash, at a valuation of $2 billion.
Philippines conglomerate Ayala to launch $150m VC fund
Philippines conglomerate Ayala Corporation has confirmed plans for a $150 million venture capital fund that will invest globally in new technologies. It will be managed by local VC firm Kickstart Ventures.
Corporates embrace VC to understand disruption - AVCJ Forum
Southeast Asian corporates are becoming increasingly involved in technology investment as they seek to understand how their traditional businesses might be disrupted, executives told the AVCJ Indonesia Forum.