Lotte Accelerator to invest in more Vietnamese startups in 2018

5/2/2018 – Lotte Accelerator, a startup booster from South Korea is looking to expand and diversify its investment capital in the Vietnam ecosystem this year. Jin Sung Rhee, the CEO of Lotte Accelerator said, “We have completed our commitment to invest US$1 million in Vietnam’s startup ecosystem through a partnership with VSV called Vietnam Silicon … Read more

Creador-backed RedCap Pharmacy forms merger with BIG Pharmacy

8/2/2018 – Creador-owned Malaysian retail pharmacy chain RedCap Pharmacy has on Tuesday announced that it is merging with local pharma retailer BIG Pharmacy. Creador’s founder and chief executive Brahmal Vasudevan confirmed the deal and noted that the PE firm has a significant minority position in the combined entity. He, however, did not disclose the financial … Read more

Indonesia’s logistics startup Etobee secures US$3.5 million bridge funding

9/2/2018 – Etobee, a logistics solutions provider based in Jakarta has completed the bridge round of its Series A funding round up to US$3.5 million. Etobee Holdings Group CEO Sven Milder confirmed the latest funding, but did not disclosed the name of participating investors and other details of the transaction. The Indonesian firm’s last publicly … Read more

Thai financial startup Masii raises US$2.43 million series A round

12/2/2018 – Masii, a dot-com startup that provides an online comparison platform for financial products has today completed its series A round raising 77 million baht, that translates to about US$2.43 million. According to Masii’s co-founder and CEO Max Meyer, this funding round is led by Thai conglomerate B. Grimm, alongside the participation of new … Read more

Indonesian new retail startup Warung Pintar secures US$4 million from SMDV, East Ventures, and others

12/2/2018 – Indonesian retail tech startup Warung Pintar announced that it has secured a US$4 million seed funding from SMDV, East Ventures, Insignia Ventures Partner, Digital Garage, Triputra Group and various angel investors. Apart from fundings, Warung Pintar will also receive technological assistance by East Ventures’ portfolio companies including Moka POS, Jurnal, Kudo, Do-Cart, and … Read more

SGX-listed recruitment platform makes first startup investment in Glints

13/2/12018 – HRnetGroup Limited, a publicly-listed traditional recruitment company based in Singapore has made its first investment in a technology startup Glints, a job platform that is focused on young professionals and graduates. The investment is worth S$500 000, in which Glints will use to grow its networks of professionals across Asia. This also brings … Read more

PE Firm Creador to invest one-fifth of upcoming US$500 million fund in Vietnam

20/2/2018 – Creador, a private equity firm with investments in the South and Southeast Asia region is looking to invest up to 20 percent of its upcoming fund in Vietnam over the next 3 years, in addition to opening its first office in the country by June this year. “We are impressed by the strong, … Read more

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