Business
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Indonesia’s GoTo Group Plans Fundraising Before IPO Launch In 2021
Last week, two of Indonesia’s largest startup companies, Gojek and Tokopedia confirmed that they will be merging to form GoTo Group with a deal of US$18 billion to US$22 billion. The merger is said to be…
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Tonik Raised USD17Mil for Neobank Services in Philippines
The Philippines ‘ first Neobank Tonik successfully raised USD 17 million in the pre-series B funding that brings its total funding to USD 44 million. This funding is led by Singaporean VC firm iGlobe Partners.…
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Singapore FinTech Startup Successfully Raised 1.6Mil US Dollar in Venture Capital
Participation from well-known venture capital firms, M Venture Partners and Hustle Fund, has raised $1.6 million in seed funding for a Singapore fintech startup, Few¢ents. Co-founded by Abhisek Dadoo and Dushyant Khare, the team in Few¢ents…
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AirAsia Thai Subsidiary To Undergo Restructuring Amidst $100.41mil Investment
Thai AirAsia, a subsidiary of Asia Aviation Public Company Ltd (AAV) under the low-cost airline AirAsia Group Bhd has approved its capital restructuring plan. The Thai unit of AirAsia will be seeing a $100.41 million (3.15billion…
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India’s Trifecta Capital Launching US$200 Million Equity Fund for Late-stage Startups
India-based startup financing platform Trifecta Capital seeks to Launch a US$200 million venture capital for startups that are most likely pursuing an IPO in the next 1 to 3 years. The firm will be launching…
