NewsKKR invests USD 40 million in Tencent-backed community group buying platform Xingsheng SelectedIt makes use of WeChat’s mobile internet ecosystem. 1 min read
Investors include Apple, Microsoft, and Japan’s top three national banks. NewsSoftBank launches USD 108 billion second fund to invest in AI1 min read
More Indonesian banking institutions are entering the venture capital business. NewsIndonesia’s BNI prepares USD 49 million VC fund to support local startups1 min read
It is the largest proptech-focused VC in the industry. NewsFifth Wall to invest in Asian startups with its new property fund2 mins read
The firm aims to invest in 30 enterprise tech startups in Southeast Asia. NewsCocoon Capital launches USD 22 million fund for enterprise tech startups2 mins read
Stake in Chinese tech giant won’t stop generating cash. InsightsSoftBank’s magic lamp keeps sending the Alibaba genie3 mins read
The acquisition positions VinaCapital to take advantage of the potential in robo-advisory services in Southeast Asia. NewsVinaCapital acquires Singapore robo-advisory investment platform Smartly1 min read
The fund will target companies in the consumer goods and services sectors. NewsJapan’s second largest securities brokerage firm establishes USD 30 million Myanmar fund1 min read
Vietnamese capital Hanoi wants to support the development of 500 startups by 2025. NewsHanoi earmarks USD 21.5 million for startup development1 min read
NewsDeals in brief: Wavemaker Impact backs Virdalis, MetaComp and dtcpay raise funding, PixVerse reaches unicorn status, and more
