Investment

JG Summit sets up US$50 million JG DEV fund to invest...

JG Summit Holdings is diving further into the digital space, pouring US$50 million into a unit that will invest in digital ventures and emerging technologies in Southeast Asia.
Kejora-Intervest

Kejora, Intervest closes Southeast Asia fund at over US$100 million

Indonesia-based Kejora Ventures has reportedly raised over US$100 million for the final close of its Southeast Asia-focused venture fund raised in partnership with South Korean VC Intervest.
Lubna 2

East Ventures Funds Indonesian Robo Trading Platform Lubna

Funded by East Ventures, Lubna.io is an online finance advisory platform for both cryptocurrencies and stocks.

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

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

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.
Go-Jek

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.
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