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Indonesian financial e-commerce provider Cermati closes its Series A extension from Orange Growth Capital

Cermati, a financial e-commerce provider based in Indonesia has today obtained a seven digit funding in dollars from Orange Growth Capital (OGC).

Japanese Xtreme Design raises pre-Series A worth US$620k led by Freebit Investment

Japanese Xtreme Design raises its pre-Series A round worth US$620k to go beyond virtual supercomputer on-demand through UI/UX enhancement.

Travel site Ixigo secures US$15 million funding round participated by Fosun, Sequoia Capital

This deal marks the Chinese investment conglomerate, Fosun's first venture transaction in India, a year after it has set up a local team in India.

Indonesian Indo Komoditi to acquire Sinar Cahaya Cemerlang, Zonergy’s local unit for US$33 million

Indonesian rubber producer, Indo Komoditi has acquired Sinar Cahaya Cemerlang (SCC), a local unit of Zonergy for US$33 million which will be supplied by major shareholders Alam Tulus Abadi (ATA) and Sinoasia. The shareholders' approval for transaction is slated on March 2, 2017.

Thai consumer products firm Neo Corp secures US$6.73 million investment from Finansa Fund

Neo Corporate - a Thai manufacturer and distributor of house brand consumer products which includes Fineline and Eversense has recently raised a US$6.73 million investment from Finansa Fund Management.
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