Kawasaki ups stake in Modenas to 30 percent for US$9.7 million

DRB-Hicom group managing director Syed Faisal Albar believes that the new equity structure will benefit Modenas and its customers.
RHL Ventures

RHL Ventures set ups US$24 million fund for Malaysian startups, SMEs

This fund represents one of the first public and private collaborations between RHL Ventures and SME Corp Malaysia.
MDT Innovations

SBIF, COPE Private Equity invest US$14.25 million in Malaysia’s MDT Innovations

The funding capital will be used to support the startup’s research and development and enhance its product quality.
Ekrut 2

Indonesian Recruitment Platform Ekrut Closes Pre-Series A Fund

The pre-series A funding round was led by Venturra Discovery, the seed investment arm of Venturra Capital.

MyEG Capital makes US$1.5 million investment in Chinese edtech startup Jingle Magic

5/4/2019 - My E.G. Services Bhd, otherwise known as MyEG, through its wholly-owned unit MyEG Capital Sdn Bhd is investing 10 million yuan investment...
TheLorry 2

Malaysian Based Startup TheLorry Successfully Raises Series B Fund

The funding would be used to support TheLorry’s regional expansion in its home country Malaysia and neighbouring countries Thailand, Singapore and Indonesia.

Indoneisan Unicorn Go-Jek to seal investment deals in Rebel Foods, MPL

The move is aimed at improving Go-Jek’s food delivery business, GoFood to go up against competitor GrabFood.

Singapore’s Tembusu Partners setups Chinese funds worth US$149 million in Guizhou

The funds launched would primarily be invested in tech, infrastructure, healthcare, tourism and impact-related projects in China.
Zuzu 1

Singapore Based Zuzu Hospitality Solutions Raises US$3.7M For Series A

The fresh funds will be used to accelerate the company’s APAC expansion.
Kalpha team

Singapore edtech startup Kalpha receives investment from Vietnam’s Nest Tech

Kalpha plans to use the proceeds to grow the business, expand the team, and market its product.
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