Startups

Real estate technology across Southeast Asia is a growing focus for Gaw Capital. (Source photos by AP and screenshot from company website) 
DealStreetAsia

Gaw Capital eyes real estate opportunities in Southeast Asia

Hong Kong-based private equity company has $100m to invest in sector

15 August 2022
Indonesia's Venturra Capital went through several organizational changes between 2018 and 2020 due to the exit of many senior executives. (Source photos by Reuters and screenshot from Venturra's website) 
DealStreetAsia

Indonesia venture firm Venturra Capital plans 3rd fund next year

New fund set to invest in domestic market and beyond

12 August 2022
ProfilePrint allows growers, manufacturers and retailers to assess the quality and authenticity of raw ingredients online with a only small sample. (Photo by ProfilePrint)
Technology

Singapore's ProfilePrint to use AI to grade Asia food ingredients

Startup secures fresh funding from global giants such as U.S.-based Cargill

11 August 2022
Indonesia's Bank Mandiri is targeting a sizable stake in Surabaya-based lender Bank Prima Master, according to sources. (Photo by Shinya Sawai)
DealStreetAsia

Indonesia's Bank Mandiri in talks to buy stake in Bank Prima Master

Financial regulator has been encouraging consolidation in banking sector

10 August 2022
A robot serves meals at an "AI canteen" in Shanghai. (Photo by Noriyuki Doi)
China tech

China's new iron chefs: Robots and AI dish out $4 menus in Shanghai

Shanghai startup aims to answer restaurant labor shortage without losing flavor

10 August 2022
Reviving the fortunes of SoftBank's tech portfolio is a major test for CEO Masayoshi Son. (Photo by Ken Kobayashi)
SoftBank

SoftBank eyes Vision Fund layoffs after posting $23bn loss

Market turmoil pushes CEO Son toward 'significant cost reductions'

8 August 2022
The tourist sector is gathering pace again in India and other countries after it was hit hard by the COVID-19 pandemic.  (Photo by Kosaku Mimura)
DealStreetAsia

Indian travel tech startups in focus as tourism bounces back

Business, leisure travel picking up in wake of COVID-19 pandemic

8 August 2022
Telio is part of Vietnam's relatively new B2B e-commerce sector, which analysts say is attractive for investors as the nation is a key manufacturing hub. (Screenshot from Telio's website) 
DealStreetAsia

Vietnam B2B e-commerce startup Telio looks to raise as much as $60m

Company says it serves over 60,000 businesses in domestic market

5 August 2022
Chinese venture capital companies see Singapore as a springboard for regional investment.
DealStreetAsia

China's top venture capital companies flock to Singapore

Companies using city-state as base to target rest of Southeast Asia

4 August 2022
Thailand hopes to bolster competitiveness by introducing a long-term visa for skilled foreign workers and investors.
Economy

Thailand to introduce 10-year visa for skilled workers, investors

Country looks to attract 1 million people from advanced economies

4 August 2022
Industronics will set up a local investment bank in Malaysia, while SDIC will provide access to funding for asset management and capital market services. (Source photos from SDIC and Industronics websites)
DealStreetAsia

Malaysia's Industronics gets $1bn funding access from China's SDIC

Southeast Asian electronics company is diversifying into financial services

3 August 2022
A robot arm produced by JAKA Robotics. Collaborative robots are equipped with safety sensors to work next to humans on assembly lines. (Photo by Noriyuki Doi)
Technology

SoftBank-backed Chinese robot maker to build plant in Toyota's backyard

JAKA Robotics seeks Japanese production know-how for edge in home market

3 August 2022
Private equity company Affirma Capital has invested nearly $40 million in U.S.-based digital content producer Terapin Studios. (Source photos by screenshot from Affirma capital and Terapin studios websites) 
DealStreetAsia

Singapore's Affirma Capital invests $38m in U.S. 'webtoon' company

Terapin Studios will use funds to buy South Korean digital comic platform

2 August 2022
Bukalapak says its Mitra Bukalapak business, which helps digitalize the country's ubiquitous small retailers, has been thriving. (Photo by Yuki Kohara) 
Startups

Bukalapak makes $577m profit in first half, swinging from loss

Demand for digitalization of Indonesia's small retail shops boosts revenue

1 August 2022
Indika Energy President Arsjad Rasjid says making the Alva electric motorbike brand affordable is essential for attracting consumers. (Source photo by screenshot from ALVA auto's YouTube page) 
Automobiles

Indonesia's Indika Energy readies 'affordable' e-motorbike venture

President of coal miner also in talks with Foxconn for electric buses, trucks

1 August 2022
Indian rural fintech startup Jai Kisan offers a "buy now, pay later" service and other digital tools. (Photo by Yuki Kohara) 
DealStreetAsia

Indian rural fintech startup Jai Kisan raises $50m

Company offers financial tools, services to country's massive rural population

1 August 2022
Yinglan Tan, founding managing partner of Insignia Ventures Partners, eyes more aggressive investment in “next-decade sunrise sectors.” (Photo courtesy of Insignia Ventures Partners) 
Startups

Singapore's Insignia raises $516m for ASEAN startups, eyeing Web3

'Winners very obvious when tide goes out,' venture capital firm's founder says

1 August 2022
A Bang Bang Robotics smart wheelchair. The startup has so far acquired about 110 patents, including three international ones. (Photo courtesy of the company)
36Kr/KrASIA

Chinese smart wheelchair startup secures $14.8m in Series B round

Bang Bang Robotics to allocate funds for overseas expansion, new products

31 July 2022
99.co currently operates in Singapore and Indonesia but plans to expand into other parts of Southeast Asia. (Photo by Yuki Kohara)
DealStreetAsia

Gaw Capital leads $52m funding for Singapore property portal

Real estate website 99.co looking to expand in Southeast Asia

30 July 2022
Insignia Ventures joins a growing list of VC specialists targeting investment in Southeast Asia. (Source photos by AP and screenshot from Insignia Ventures Partners' website) 
DealStreetAsia

Singapore's Insignia Ventures Partners readies third venture fund

Firm could raise $250m, will target tech investments in Southeast Asia

28 July 2022
Chinese technology giant Alibaba is increasingly turning to Indonesia.
DealStreetAsia

Alibaba to invest over $100m in Indonesia-listed Smartfren Telecom

Chinese tech major facing intense regulatory scrutiny at home

28 July 2022
TNG Digital operates Malaysia’s largest e-wallet company, Touch 'n Go. (Screenshot from Touch 'n Go Facebook page)
DealStreetAsia

Malaysia's TNG Digital secures $168m in Lazada-led funding round

Nation's largest e-wallet company is looking to expand

26 July 2022
Observers in China are wondering whether a $1.2 billion fine against Didi Global may be a sign that Beijing will start easing its crackdown on tech giants. (Source photos by Reuters and AP) 
Startups

China startup funding plunges to 8-year low in Q2

Decline in VC investments narrows gap between India and Southeast Asia

26 July 2022
The venture capital arm of Thailand's Kasikornbank plans to raise $50 million to $100 million from its parent. (Screenshot from Beacon VC website)
DealStreetAsia

Thai bank's VC unit to boost capital pool by up to $100m

Beacon VC to invest funds from parent, KBank, in tech startups

25 July 2022
Electric cars, such as this concept vehicle from Tata Motors, lie at the heart of India's push for greener transport.
Automobiles

Indian electric car makers charge up to head off overseas rivals

Global auto giants have been speeding into nation's fledgling EV sector

25 July 2022