in Ekuinas CEO says lower startup valuations to spark M&A frenzy By www.dealstreetasia.com Published On :: Sun, 19 Apr 2020 23:02:42 +0000 Ekuinas CEO Syed Yasir said the current market volatility is an opportunity to acquire distressed assets. The post Ekuinas CEO says lower startup valuations to spark M&A frenzy appeared first on DealStreetAsia. Full Article Ekuinas
in Surge in food delivery demand amid COVID-19 lockdown whets appetite of new players By www.dealstreetasia.com Published On :: Wed, 22 Apr 2020 08:30:45 +0000 Lalamove is set to offer food delivery service at zero commission for food merchants in Singapore. The post Surge in food delivery demand amid COVID-19 lockdown whets appetite of new players appeared first on DealStreetAsia. Full Article Delivery Hero Gojek Grab lalamove Woowa Brothers Corp
in Malaysia’s Serba Dinamik to raise $53.5m for gearing, working capital By www.dealstreetasia.com Published On :: Thu, 23 Apr 2020 09:50:00 +0000 The firm is offering 5 per cent of its existing outstanding shares, priced at a discount between 1.49-1.52 ringgit per share. The post Malaysia’s Serba Dinamik to raise $53.5m for gearing, working capital appeared first on DealStreetAsia. Full Article Serba Dinamik Holdings Bhd
in Sunway Group to buy 51% stake in Credit Bureau Malaysia By www.dealstreetasia.com Published On :: Fri, 24 Apr 2020 05:36:44 +0000 The deal marks Sunway Berhad's foray into financial technology (fintech) space. The post Sunway Group to buy 51% stake in Credit Bureau Malaysia appeared first on DealStreetAsia. Full Article acquisition credit reporting agency Sunway Bhd Sunway Holdings
in V Capital teams up with Cross River Bank, eyes digital banking licence in Malaysia By www.dealstreetasia.com Published On :: Mon, 27 Apr 2020 07:32:32 +0000 V Capital has also become Cross River Bank's strategic partner in the Southeast Asia region. The post V Capital teams up with Cross River Bank, eyes digital banking licence in Malaysia appeared first on DealStreetAsia. Full Article Cross River Bank digital bank fintech V-Capital
in Japanese PE investor INCJ mulls stake sale in Axiata tower arm By www.dealstreetasia.com Published On :: Thu, 07 May 2020 21:37:38 +0000 INCJ bought the shares from Edotco parent Axiata for $400 million via a private placement in 2017. The post Japanese PE investor INCJ mulls stake sale in Axiata tower arm appeared first on DealStreetAsia. Full Article Axiata edotco INCJ
in SEA Digest: CloudEats bags seed funding; LinkAja launches sharia service By www.dealstreetasia.com Published On :: Thu, 16 Apr 2020 02:44:25 +0000 Philippines-based cloud kitchen startup CloudEats has secured $1.4 million in a seed funding round led by an undisclosed local family office. The post SEA Digest: CloudEats bags seed funding; LinkAja launches sharia service appeared first on DealStreetAsia. Full Article CloudEats LinkAja
in Gojek-Grab battle in Indonesia opens way for US mapping startup By www.dealstreetasia.com Published On :: Sun, 19 Apr 2020 14:34:37 +0000 StreetCred hopes super apps battling for dominance in Indonesia will find its data equally valuable. The post Gojek-Grab battle in Indonesia opens way for US mapping startup appeared first on DealStreetAsia. Full Article Gojek Grab
in Why Salim Group is no underdog in Indonesia’s startup scene By www.dealstreetasia.com Published On :: Sun, 19 Apr 2020 23:48:32 +0000 A big challenge for Salim Group and its investment ambitions could be its transition to a new generation. The post Why Salim Group is no underdog in Indonesia’s startup scene appeared first on DealStreetAsia. Full Article Family offices Indomaret PT IndoFood Sukses Makmur TBK Salim Group
in Southeast Asian startups tighten purse-strings as coronavirus hits revenue By www.dealstreetasia.com Published On :: Mon, 20 Apr 2020 04:21:01 +0000 Many startups are scrambling to cut costs - slicing payrolls and the wages of those still on the job. The post Southeast Asian startups tighten purse-strings as coronavirus hits revenue appeared first on DealStreetAsia. Full Article cash burn coronavirus FOMO Pay
in Facebook in talks with GoPay, OVO, LinkAja for mobile payments launch By www.dealstreetasia.com Published On :: Mon, 20 Apr 2020 12:59:39 +0000 The three firms are working with FB to apply for regulatory approval to launch the service in the country. The post Facebook in talks with GoPay, OVO, LinkAja for mobile payments launch appeared first on DealStreetAsia. Full Article Facebook GoPay LinkAja ovo
in SE Asia Digest: Gojek completes Moka deal; HC Surgical to pick 51% in GMH By www.dealstreetasia.com Published On :: Mon, 20 Apr 2020 15:20:12 +0000 HC Surgical will enter into a separate agreement to buy the remaining stake in GMHES at a later stage. The post SE Asia Digest: Gojek completes Moka deal; HC Surgical to pick 51% in GMH appeared first on DealStreetAsia. Full Article Fullerton Healthcare Corporation GMH Endoscopy & Surgery Pte. Ltd HC Surgical Specialists Limited
in StanChart, Astra agree to reduced sale price for stake in Bank Permata By www.dealstreetasia.com Published On :: Mon, 20 Apr 2020 16:08:33 +0000 The purchase price values Permata at 1.63 times its book value as of March 31, down from 1.77. The post StanChart, Astra agree to reduced sale price for stake in Bank Permata appeared first on DealStreetAsia. Full Article Bank Permata StanChart
in Indonesian VC Everhaus backs goKampus, ReCharge; plans evergreen fund By www.dealstreetasia.com Published On :: Mon, 20 Apr 2020 23:28:57 +0000 The VC, however, has shelved its plans to launch its next fund that was slated to invest in B2B, among others. The post Indonesian VC Everhaus backs goKampus, ReCharge; plans evergreen fund appeared first on DealStreetAsia. Full Article EverHaus goKampus ReCharge
in PE firm Northstar makes first close of Indonesia-focused fifth fund By www.dealstreetasia.com Published On :: Wed, 22 Apr 2020 02:47:31 +0000 The first close represents one-third of the fund’s $800-million target. The post PE firm Northstar makes first close of Indonesia-focused fifth fund appeared first on DealStreetAsia. Full Article Northstar Group
in Southeast Asia’s startups raised $2.9b in Jan-March, up 3% from Q1 last year By www.dealstreetasia.com Published On :: Thu, 23 Apr 2020 00:58:49 +0000 The number of deals touched 146 in the first quarter this year, compared to 127 in the same period last year. The post Southeast Asia’s startups raised $2.9b in Jan-March, up 3% from Q1 last year appeared first on DealStreetAsia. Full Article
in Indonesia’s P2P lender Modalku raises $40m in Series C round By www.dealstreetasia.com Published On :: Thu, 23 Apr 2020 04:19:43 +0000 The funding will also be used to support MSMEs through restructuring options. The post Indonesia’s P2P lender Modalku raises $40m in Series C round appeared first on DealStreetAsia. Full Article Modalku
in [Updated] Hotel operator RedDoorz declares force majeure in Indonesia By www.dealstreetasia.com Published On :: Thu, 23 Apr 2020 08:27:55 +0000 RedDoorz said it was unable to fulfil its commitments on its contracts due to COVID-19 outbreak The post [Updated] Hotel operator RedDoorz declares force majeure in Indonesia appeared first on DealStreetAsia. Full Article RedDoorz
in [Updated] Global P2P platform Mintos suspends Indonesia’s Akulaku over late payments By www.dealstreetasia.com Published On :: Thu, 23 Apr 2020 13:30:11 +0000 Akulaku and Mintos are said to have reached an agreement on a restructured repayments schedule. The post [Updated] Global P2P platform Mintos suspends Indonesia’s Akulaku over late payments appeared first on DealStreetAsia. Full Article AFPI Akulaku Asetku Julo OJK
in Indonesian culinary supply startup STOQO said to have shut down ops amid COVID-19 pressure By www.dealstreetasia.com Published On :: Fri, 24 Apr 2020 23:33:35 +0000 Prior to the pandemic, Stoqo was in the process of raising a fresh round to expand its business. The post Indonesian culinary supply startup STOQO said to have shut down ops amid COVID-19 pressure appeared first on DealStreetAsia. Full Article Accel Partners India Monk's Hill Partners Stoqo
in Indonesian vitamin-maker YOU bags fresh funding from DSG Consumer, others By www.dealstreetasia.com Published On :: Mon, 27 Apr 2020 04:09:29 +0000 This brings the total funding of the company to $6 million to date. The post Indonesian vitamin-maker YOU bags fresh funding from DSG Consumer, others appeared first on DealStreetAsia. Full Article DSG Consumer Partners you+
in SE Asian insurtech startup Qoala raises $13.5m led by Centauri Fund By www.dealstreetasia.com Published On :: Tue, 28 Apr 2020 00:58:56 +0000 MassMutual Ventures SEA, MDI Ventures and Central Capital Ventura also joined the round. The post SE Asian insurtech startup Qoala raises $13.5m led by Centauri Fund appeared first on DealStreetAsia. Full Article Centauri Fund Qoala
in Indonesia seeks to shore up public trust with insurer consolidation By www.dealstreetasia.com Published On :: Tue, 28 Apr 2020 00:59:11 +0000 The plan does not so far include insurers Jiwasraya and Asabri that have been rocked by management scandals. The post Indonesia seeks to shore up public trust with insurer consolidation appeared first on DealStreetAsia. Full Article
in Circulate Capital invests $6m in plastic recycling players in India, Indonesia By www.dealstreetasia.com Published On :: Tue, 28 Apr 2020 05:16:33 +0000 CCOF has made an equity investment in Mumbai-based Lucro and extended debt to Indonesia'sTridi Oasis. The post Circulate Capital invests $6m in plastic recycling players in India, Indonesia appeared first on DealStreetAsia. Full Article Circulate Capital
in Indonesia halts job creation bill targeting foreign investment By www.dealstreetasia.com Published On :: Tue, 28 Apr 2020 05:23:11 +0000 The omnibus bill on job creation limits increases in the minimum wage and eases conditions for firing employees. The post Indonesia halts job creation bill targeting foreign investment appeared first on DealStreetAsia. Full Article
in Indonesia to subsidise interest payments for virus-hit smaller firms By www.dealstreetasia.com Published On :: Wed, 29 Apr 2020 23:14:20 +0000 Small companies account for more than half of Indonesia's gross domestic product and provide many jobs in the country of more than 260 million people. The post Indonesia to subsidise interest payments for virus-hit smaller firms appeared first on DealStreetAsia. Full Article Sri Mulyani Indrawati
in Indonesia Digest: East Ventures raises $609k for COVID-19 test kits; BukuKas bags seed funding By www.dealstreetasia.com Published On :: Thu, 30 Apr 2020 04:18:01 +0000 BukuKas has raised a seed funding round led by Sequoia Capital India through its startup programme Surge. The post Indonesia Digest: East Ventures raises $609k for COVID-19 test kits; BukuKas bags seed funding appeared first on DealStreetAsia. Full Article BukuKas East Ventures
in Education deals in SEA put on the back burner amid virus crisis By www.dealstreetasia.com Published On :: Thu, 30 Apr 2020 23:31:09 +0000 Investors have shifted their focus and energy to stabilising their existing investment portfolio. The post Education deals in SEA put on the back burner amid virus crisis appeared first on DealStreetAsia. Full Article Actis Southern Capital Group Vietnam Investments Group (VI Group)
in Tokopedia says investigating alleged data leak of 91m users By www.dealstreetasia.com Published On :: Sun, 03 May 2020 16:41:33 +0000 A hacker has offered the details of its 91 million users for "$5,000 on the Darknet". The post Tokopedia says investigating alleged data leak of 91m users appeared first on DealStreetAsia. Full Article PT Tokopedia
in Italy’s Compass Banca drops plan to buy stake in Indonesia’s BFI Finance By www.dealstreetasia.com Published On :: Mon, 04 May 2020 07:28:16 +0000 BFI Finance is 45.7% owned by a consortium comprising private equity firms TPG and Northstar Group. The post Italy’s Compass Banca drops plan to buy stake in Indonesia’s BFI Finance appeared first on DealStreetAsia. Full Article Compass Banca PT BFI Finance Indonesia Tbk
in Indonesia’s GudangAda snags $25.4m led by Sequoia, Alpha JWC By www.dealstreetasia.com Published On :: Tue, 05 May 2020 06:07:29 +0000 Existing backer Wavemaker Partners also participated in the funding round. The post Indonesia’s GudangAda snags $25.4m led by Sequoia, Alpha JWC appeared first on DealStreetAsia. Full Article Alpha JWC GudangAda Sequoia India
in Indonesia’s MNC Vision drops plans to acquire CVC-backed Link Net By www.dealstreetasia.com Published On :: Tue, 05 May 2020 10:42:04 +0000 MNC as well as Link Net’s shareholders could not reach an agreement by the end of April 2020. The post Indonesia’s MNC Vision drops plans to acquire CVC-backed Link Net appeared first on DealStreetAsia. Full Article CVC Capital Partners PT Link Net Tbk PT MNC Vision Networks Tbk
in Grocery, food startups gain as online demand soars amid pandemic By www.dealstreetasia.com Published On :: Wed, 06 May 2020 00:40:32 +0000 SEA recorded a 54 per cent jump in online sales year-on-year between Jan 13 and April 5. The post Grocery, food startups gain as online demand soars amid pandemic appeared first on DealStreetAsia. Full Article Blibli Bukalapak Mbiz SayurBox Shopee Tokopedia Venturra
in IFC proposes $5m equity investment in Indonesian insurtech Pasarpolis By www.dealstreetasia.com Published On :: Wed, 06 May 2020 03:13:06 +0000 Pasarpolis raised a Series A funding round from unicorns, Gojek, Traveloka and Tokopedia, in 2018. The post IFC proposes $5m equity investment in Indonesian insurtech Pasarpolis appeared first on DealStreetAsia. Full Article International Finance Corporation (IFC) Pasarpolis
in Traveloka-affiliated hotel startup Airy to shut down business amid virus pressure By www.dealstreetasia.com Published On :: Thu, 07 May 2020 00:41:05 +0000 The decision to completely shut down its operations comes after significant downsizing by the company. The post Traveloka-affiliated hotel startup Airy to shut down business amid virus pressure appeared first on DealStreetAsia. Full Article Airy
in Indonesia’s B2C logistics startups see deal traction as demand soars for last-mile services By www.dealstreetasia.com Published On :: Thu, 07 May 2020 00:42:07 +0000 There are several logistics deals in the pipeline that would likely be closed as early as by June. The post Indonesia’s B2C logistics startups see deal traction as demand soars for last-mile services appeared first on DealStreetAsia. Full Article ACVentures KarGo Sicepat Ekspres Waresix
in SEA digest: Indonesia’s Cashlez raises $5.8m in IPO; KB Kookmin Card to buy Thai firm By www.dealstreetasia.com Published On :: Thu, 07 May 2020 05:42:16 +0000 Cashlez will use the IPO proceeds to purchase a 61.31 per cent stake in IT solution provider Softorb Technology Indonesia (STI). The post SEA digest: Indonesia’s Cashlez raises $5.8m in IPO; KB Kookmin Card to buy Thai firm appeared first on DealStreetAsia. Full Article Cashlezz j fintech JMART kb kookmin card
in Risk stratification using FLT3 and NPM1 in acute myeloid leukemia patients autografted in first complete remission By feeds.nature.com Published On :: 2020-05-10 Full Article
in 34 more test positive for COVID-19 in Bihar, total count 629 By economictimes.indiatimes.com Published On :: 2020-05-10T10:49:15+05:30 Of the 34, 11 hail from Begusarai, seven each from Saharsa and Madhepura, five, including a woman, from Rohtas, two from Darbhanga and one each from Khagaria and Araria districts. Full Article
in Indian, Chinese troops clash near Naku La in Sikkim sector By economictimes.indiatimes.com Published On :: 2020-05-10T10:54:02+05:30 "Troops resolve such issues mutually as per established protocols. Such an incident occurred after a long time," said a source. Full Article
in China reports first coronavirus case in Wuhan since April 3 By economictimes.indiatimes.com Published On :: 2020-05-10T10:57:39+05:30 While China had officially designated all areas of the country as low-risk last Thursday, the new cases according to data published on Sunday represent a jump from the single case reported for the day before. The number was lifted by a cluster of 11 in Shulan city in northeastern Jilin province. Full Article
in Five cities that contribute nearly 50% of total cases key to India's Covid success By economictimes.indiatimes.com Published On :: 2020-05-10T11:02:16+05:30 These five cities are important to contain the spread of the coronavirus and help India flatten the curve. The respective state governments should strengthen containment strategies and undertake rigourous testing and contact tracing to bring the situation under control. Full Article
in Gas leak and after: The misery continues for some By economictimes.indiatimes.com Published On :: 2020-05-10T11:52:31+05:30 Over 200 people were still undergoing treatment in the KGH, but their condition was said to be stable. Visakhapatnam district in-charge Minister K Kanna Babu, who visited the hospital and spoke to some of the victims, said all the patients were fast recovering. Full Article
in Lockdowns do no help much in lower & middle income countries, important to let people work: Lancet Paper By economictimes.indiatimes.com Published On :: 2020-05-10T12:07:15+05:30 “Let shopkeepers sell their wares and provide services. Let construction workers return to building sites. Allow farmers to harvest their crops and to transport them to be sold on the open market,” the authors wrote, while arguing that restrictions should be placed only in clusters which report higher number of cases. Full Article
in First batch of 88 nurses from India arrive in UAE By economictimes.indiatimes.com Published On :: 2020-05-10T12:16:17+05:30 The nurses, who are from Aster DM Healthcare hospitals in the states of Kerala, Karnataka and Maharashtra, will be put under quarantine for 14 days after which they will be assigned to various field hospitals as per requirement, the Khaleej Times reported. Full Article
in Rajinikanth warns ruling AIADMK against reopening liquor outlets By economictimes.indiatimes.com Published On :: 2020-05-10T12:25:16+05:30 His remarks came a day after Tamil Nadu moved the Supreme Court, seeking a stay against a Madras High Court order directing closure of liquor shops in the state. Full Article
in We had to be careful to ensure athletes remain free from COVID-19: Rijiju By economictimes.indiatimes.com Published On :: 2020-05-10T12:47:41+05:30 Rijiju had already said that his ministry was devising a plan for a phased resumption of national camps for Olympic-bound athletes, starting with the athletes currently based at NIS Patiala and SAI Centre in Bengaluru by the end of this month. Full Article
in Evolución de las relaciones públicas en España. Artículo de revisión // Evolution of public relations in Spain. Review article By eprints.rclis.org Published On :: Sun, 10 May 2020 05:42:37 +0200 Caldevilla-Domínguez, David and Barrientos-Báez, Almudena and Fombona-Cadavieco, Javier Evolución de las relaciones públicas en España. Artículo de revisión // Evolution of public relations in Spain. Review article. El profesional de la información, 2020, vol. 29, n. 3. [Journal article (Unpaginated)] Full Article
in Hamilton lays down a marker ahead of qualifying By en.espnf1.com Published On :: Sat, 11 Sep 2010 10:28:07 GMT Lewis Hamilton laid down a important marker ahead of qualifying for the Italian Grand Prix, setting a quickest time of 1:22.498 to finish ahead of Sebastian Vettel and the Ferraris of Fernando Alonso and Felipe Massa on a glorious sunny morning at Monza Full Article
in Mixed emotions for Red Bull drivers after qualifying By en.espnf1.com Published On :: Sat, 11 Sep 2010 14:01:26 GMT Red Bull drivers Mark Webber and Sebastian Vettel suffered mixed emotions during qualifying for the Italian Grand Prix after finishing fourth and sixth fastest respectively Full Article