The fund will feed into the target fund Ericsenz-K2 Global Unicorn Fund.
Stockbit is an Indonesian based stock investing app targeting millennials.
The startup has expanded into a 50-person team and processed a total amount of transactions of more than MYR450M ( ~US$109M).
The funding is led by Japanese venture capital, Showcase Capital.
Funds will be used to build the startup’s operational capabilities.
MFIL will use the proceeds from the US$1 million equivalent loan to expand its business and loan portfolio.
CIP has long been attempting to sell the shell company of LMG.
Sequoia Capital China and China Media Capital (CMC) have jointly established a sports investment fund to back and consolidate global premium sports assets. The two...
The Carlyle Group, a US-based private equity firm is raising US$1 billion under its Asian growth fund to further expand its investment portfolio in...
Formation Group has recently raised US$357 million of commitments for its Formation Group Fund 1 which will be investing in a concentrated number of early and growth stage companies.