Alpha JWC is the investor behind Kredivo, Funding Societies, and Kopi Kenangan. NewsJakarta-based VC firm Alpha JWC closes oversubscribed second fund at USD 123 million2 mins read
Senior vice president and CFO of Legend Holdings Ning Min is expected to be the successor. NewsLenovo’s founder and Legend Holdings Chairman Liu Chuanzhi steps down after over 30 years in charge2 mins read
The acquisition will enable Zilingo to access previously untapped markets by adopting nCinga’s Manufacturing Execution System (MES) software. NewsSingapore-based Zilingo acquires Sri Lankan SaaS firm nCinga for USD 15.5 million2 mins read
Vertex Growth raised USD 290 million in September this year. NewsSingapore’s Vertex Growth leads USD 30 million round in Indian O2O meat startup Licious (Update)2 mins read
Growth equity in the USD 20–100 million segment will be instrumental for unlocking the region’s new generation of tech companies. InsightsAsia Partners dissects Southeast Asia’s funding gap and its search for “rhinos”7 mins read
Wearable band shipments have grown 65% year-on-year worldwide, with Chinese vendors as key drivers. NewsXiaomi remains the king in the wearable band market but Huawei is growing faster2 mins read
If the deal materializes, the Zomato-UberEats entity will emerge as India’s largest food-tech company, leaving Swiggy behind. NewsZomato and UberEats are cooking a new merger deal4 mins read
While first-tier tech giants are retreating, Xiaomi and Meituan Dianping are testing the waters in the new energy vehicle sector via investments. InsightsAfter Baidu, Alibaba, and Tencent retreat, who will be the savior of Chinese EV makers?7 mins read
Lending is one of OVO’s main target in 2020. NewsOVO introduces SME-focused financing platform DanaTara2 mins read
The Series D round was worth USD 300 million. NewsE-commerce platform Baibu closes largest ever investment for textile-focused startups in China1 min read
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