Malaysia’s e-commerce startup Signature Market raises US$980k to scale regionally
RHL Ventures participated in Signature Market’s Series A, along with other investors such as the Axiata Digital Innovation Fund.
SoftBank to invest US$44 million funding in South Korean ride-sharing startup SoCar
SoCar plans to invest its proceedings in R&D to offer better mobility services through its platform.
KTB Securities files for Thai IPO to raise up to US$6.2 million
The IPO will comprise of 16.77 million shares at a par value of 10 baht each.
Indonesia’s Akulaku raises US$100 million Series D from Alibaba’s Ant Financial, others
The new funding will see Akulaku deepen its ties with Alibaba’s assets in Southeast Asia.
EZAdvance to acquire Indian digital payment startup Alconomy
Following the acquisition, Alconomy’s technology will help EZAdvance in providing digital banking services in the Philippines.
Singapore startup Pixibo secures follow-on funding from Indonesian investors
Pixibo plans to use the additional funding capital to do retail personalization space and expand its service into the footwear category.
Vietnam’s fitness platform WeFit.vn to raise US$1 million from CyberAgents, others
Vietnam gym class app raises US$1 million funding for new product development and to expand into new markets.
Online Investment Startup Ajaib secures US$2.1 million from SoftBank
Ajaib will launch this weekend after four months of testing.
Indonesia’s gadget portal Pricebook raises funding capital from Mirai Creation Fund II
Pricebook plans to use the fresh funding to further accelerate O2O Integration of its 1000+ offline sellers through its website and social media channels.
LankaPropertyWeb acquires local unit of property site Lamudi
Following the acquisition, LankaPropertyWeb claims that it will now host the largest collection of property listings in Sri Lanka.