DealStreetAsia

Topica attracted funding from various investors such as Northstar and Cyberagent Capital, fueled by the growth of the education industry due to COVID.
DealStreetAsia

Vietnamese edtech Topica CEO departs for 'personal' reasons

Investors to launch new online learning platform in restructuring effort

5 December 2020
GIC's chief investment officer says the sovereign wealth fund is trying to ensure that its portfolio companies are prepared for the transition to sustainable growth.
DealStreetAsia

Singapore's GIC boosts investor engagement on climate change

Sovereign wealth fund seeks to ensure transition to sustainable growth

3 December 2020
Singapore-based venture capital firm Vickers Venture Partners has led the $13.2-million Series B funding in SiSaf. (Source photos from SiSaf's website)
DealStreetAsia

Singapore Vickers Venture leads $13.2m funding in UK biotech

SiSaf intends to accelerate RNA therapeutics program with proprietary tech

28 November 2020
Sensorem caters mostly to government, construction, utility companies and research and development agencies. (Photo courtesy of Aerodyne)
DealStreetAsia

Malaysia's Aerodyne takes stake in Australian drone inspector

Wide-ranging startup banks on Sensorem for boost in mining and other sectors

26 November 2020
Founded in 2018, Kollective Group was an early shareholder in Wish, Jenfi, Ender, ClearMD and Zenrooms.
DealStreetAsia

Singapore's Kollective seeks distressed tech assets amid COVID

Investment company eyes e-commerce, insurtech, platforms and media

23 November 2020
Indonesian startup Hangry has forged partnerships with GrabFood.
DealStreetAsia

Indonesian cloud-kitchen startup hungers for $15m Series A round

Hangry to expand marketing and services to meet COVID-related demand

22 November 2020
One Championship's Facebook page says it has more than 25 million followers and 5 billion platform video views.
DealStreetAsia

Facebook partners with Singapore's One Championship

Custom shows, gaming channel and VR content planned for martial arts organization

21 November 2020
Rata is offering Indonesians cheap, clear aligners that it produces in-house. 
DealStreetAsia

Indonesian dental startup in talks for pre-Series A funding

Rata to provide online dentistry services and cheap aligners amid COVID crisis

19 November 2020
Delta Capital Myanmar's managing partner believes the pandemic is a good time to invest in the country, as opportunities are opening up in sectors such as health care and logistics.
DealStreetAsia

Delta Capital Myanmar plans to raise $100m for third fund

Investor eyes deals in telecom, finance, logistics and health care sectors

18 November 2020
Employees of parent Biocon work inside the company's research and development facility in Bangalore, India.
13 November 2020
According to Singapore's statistics agency, Southeast Asia has 363 million school-age children and youth in need of online learning.
DealStreetAsia

Singaporean Chinese-teaching edtech raises $6m led by Sequoia

LingoAce sees stay-home-driven growth in Asia amid COVID pandemic

10 November 2020
The SociaBuzz marketplace is populated by around 72,000 influencers, creators and other talented folks, along with 1,350 active users.
DealStreetAsia

Myanmar UMG group invests in Indonesia's SocialBuzz

Startup's online marketplace connects businesses and influencers

4 November 2020
 A vendor tends his stall in Kuala Lumpur's Chinatown amid the coronavirus pandemic in August.
DealStreetAsia

Malaysia's travel tech Tourplus secures $1m amid pandemic

Startup focuses on domestic travelers as international travel bans bite

3 November 2020
The JW Marriott hotel in Hanoi stands next to the National Convention Center.
DealStreetAsia

Grab partners with Marriott for hospitality business

Asian 'superapp' operator unites services with hotel chain, will provide rewards

30 October 2020
A Muslim family pray inside their restaurant during the holy month of Ramadan, amid the coronavirus disease outbreak, in Selayang, Malaysia April 27, 2020. 
DealStreetAsia

Taiwan app buys Malaysia restaurant reservations platform

FunNow hopes integration of Tableapp will draw more users by offering discounts

29 October 2020
 A nurse cares for a COVID-19 patient in the intensive care unit at King Chulalongkorn Memorial Hospital in Bangkok on April 23, 2020.
DealStreetAsia

Singapore Hummingbird to start COVID antibody therapy trial

SK-backed startup receives approval from local authorities

28 October 2020
Zomato recently raised $62 million from Singapore state investment arm Temasek Holdings at a valuation of $3.25 billion.
DealStreetAsia

Indian foodtech Zomato ends premium service in Indonesia

About 100,000 bars and restaurants have closed in the country

24 October 2020
EVOS Esports has 80 e-sports players divided into 13 teams in Indonesia, Vietnam, Thailand, Singapore and Malaysia. 
DealStreetAsia

Singapore EVOS Esports receives $12m from South Korea investors

Funds to strengthen player skills and promote merchandise in Southeast Asia

19 October 2020
Bahrain-based ASMA Capital has shareholders including Bahrain’s Ministry of Finance, the Islamic Development Bank of Saudi Arabia, Saudi Arabia’s Public Pension Agency, Saudi Arabia’s Public Investment Fund and Brunei’s Ministry of Finance.
DealStreetAsia

Bahrain ASMA's Asia-focused arm files for $200m IPO

Firm seeks acquisitions in South and Southeast Asia, Middle East, and Africa

17 October 2020
After making its acquisitions, FDV will have full or partial stakes in 15 online marketplaces active across Latin America, Africa and developing Asia.
DealStreetAsia

Malaysia's Frontier Digital Ventures raises $67m

Online classifieds provider to fund 3 acquisitions with cash from Norway's Adevinta

14 October 2020
Despite the pandemic-triggered global economic downturn, the residential real estate markets in Singapore and other cities have been heating up.
DealStreetAsia

Singapore-based PropertyGuru's shareholding structure changed

Indonesian media group Emtek divests as TPG and KKR keep money in online realtor

12 October 2020
China's Joynext serves major foreign automakers like Volkswagen. 
DealStreetAsia

China developer of smart car solutions Joynext secures $107m

Volkswagen supplier accelerates development of next-generation vehicles

11 October 2020
Thai Union's venture fund focuses on three strategic areas -- alternative protein, functional nutrition and new technologies along the food value chain. (Photo by Ken Kobayashi)
DealStreetAsia

Thai Union invests in Singapore and US foodtech startups

Seafood producer's venture fund focuses on alternative protein and value chain

10 October 2020
Mekong Timber is backed by the New Forests Tropical Asia Forest Fund, a sustainable forestry investment fund managed by Australian asset manager New Forests.
DealStreetAsia

$5m Laos forestry investment offered by Dutch bank FMO

Mekong Timber to build integrated saw log, veneer and chipping mill

7 October 2020
Bykea has a motorcycle taxi fleet of over 30,000 providing on-demand delivery for e-commerce, logistics, food and payments across Karachi, Rawalpindi and Lahore.
DealStreetAsia

Pakistan motorcycle ride-hailing startup Bykea raises $13m

Firm wants to expand services in smaller cities where Uber has struggled

5 October 2020