s We are betting on the Indonesian consumer story: Northstar co-founder Walujo By www.dealstreetasia.com Published On :: Sun, 19 Jan 2020 17:56:57 +0000 The fund manager sees opportunities in sectors such as education and microfinance. The post We are betting on the Indonesian consumer story: Northstar co-founder Walujo appeared first on DealStreetAsia. Full Article Northstar Group
s If IPOs are the only exit route in SEA, there’s a problem, says CMIA managing partner By www.dealstreetasia.com Published On :: Mon, 20 Jan 2020 00:39:21 +0000 With global funds ramping up their focus on SEA, the scope for secondary deals go up in the region, said Lee Chong Min. The post If IPOs are the only exit route in SEA, there’s a problem, says CMIA managing partner appeared first on DealStreetAsia. Full Article CMIA Capital Partners
s China experience more relevant to India, Indonesia than US: Shunwei’s Tuck Lye Koh By www.dealstreetasia.com Published On :: Mon, 20 Jan 2020 00:40:56 +0000 Shunwei’s investments in this region are close adaptations of those found in China. The post China experience more relevant to India, Indonesia than US: Shunwei’s Tuck Lye Koh appeared first on DealStreetAsia. Full Article Shunwei Capital
s Grab to launch geo-mapping services in Indonesia this year amid EV push By www.dealstreetasia.com Published On :: Mon, 20 Jan 2020 08:20:12 +0000 Grab is in the midst of developing maps that are built with self-driving vehicles in mind. The post Grab to launch geo-mapping services in Indonesia this year amid EV push appeared first on DealStreetAsia. Full Article Grab
s Buyout funds will become the new conglomerates: EY’s Soni By www.dealstreetasia.com Published On :: Tue, 21 Jan 2020 00:31:22 +0000 Over time, buyout funds with multiple, scaled-up businesses in diverse sectors under their control, will begin to look similar to diversified conglomerates. The post Buyout funds will become the new conglomerates: EY’s Soni appeared first on DealStreetAsia. Full Article EY
s Industry needs more than vanity metrics, says Bukalapak’s Fajrin By www.dealstreetasia.com Published On :: Wed, 22 Jan 2020 00:04:49 +0000 Fajrin said 'unsubsidised' transactions for Bukalapak account for over half of its total sales. The post Industry needs more than vanity metrics, says Bukalapak’s Fajrin appeared first on DealStreetAsia. Full Article Bukalapak Muhamad Fajrin Rasyid
s Always open to exit OVO at the right valuation: Lippo Group’s John Riady By www.dealstreetasia.com Published On :: Thu, 23 Jan 2020 00:30:39 +0000 If on a risk-adjusted basis, I think it's a good time to get out, then I will get out, he says. The post Always open to exit OVO at the right valuation: Lippo Group’s John Riady appeared first on DealStreetAsia. Full Article cinemaxx Cinemaxx Global Pasifik First Media Gojek Grab Internux John riady Lippo Matahari Department Store Matahari Putra Prima mataharimall Mochtar Riady OUE Limited ovo PT Lippo Karawaci ruangguru Sociolla SoftBank Group Corp Tokopedia WeWork Zilingo
s M&A strong though Chinese buyers lacking: Citigroup’s Kalvaria By www.dealstreetasia.com Published On :: Fri, 24 Jan 2020 00:33:16 +0000 Geopolitical uncertainties are not deterring Citigroup clients from strategic deals but outbound Chinese buyers are lacking. The post M&A strong though Chinese buyers lacking: Citigroup’s Kalvaria appeared first on DealStreetAsia. Full Article Citigroup
s Ninja Van sets its sights on Indonesia’s mom-and-pop e-commerce plays By www.dealstreetasia.com Published On :: Mon, 27 Jan 2020 23:25:59 +0000 Ninja Van's country head Eric Saputra talks about the challenges and opportunities of operating in Indonesia. The post Ninja Van sets its sights on Indonesia’s mom-and-pop e-commerce plays appeared first on DealStreetAsia. Full Article Ninja van
s SG’s Nium eyes profitability by Q3 next year, NYSE listing by 2022 By www.dealstreetasia.com Published On :: Mon, 27 Jan 2020 23:34:35 +0000 The Vertex Venture-backed company wants to clock revenue of $75-100 million and achieve profitability by 2021. The post SG’s Nium eyes profitability by Q3 next year, NYSE listing by 2022 appeared first on DealStreetAsia. Full Article Nium
s Temasek-backed Reefknot eyes logistics-disrupting startups By www.dealstreetasia.com Published On :: Thu, 30 Jan 2020 20:06:19 +0000 The firm is particularly looking at those with differentiated technology, especially if it's scalable, says its MD Marc Dragon. The post Temasek-backed Reefknot eyes logistics-disrupting startups appeared first on DealStreetAsia. Full Article Kuehne + Nagel Reefknot Investments Temasek
s Malaysia’s Axiata Digital aims to apply for digital banking licence, says CEO By www.dealstreetasia.com Published On :: Mon, 03 Feb 2020 23:42:05 +0000 The company plans to place its application in the second or third quarter, said Mohd Khairil Abdullah. The post Malaysia’s Axiata Digital aims to apply for digital banking licence, says CEO appeared first on DealStreetAsia. Full Article Axiata Digital
s Nicko Widjaja seeks to emulate MDI success at new firm BRI Ventures By www.dealstreetasia.com Published On :: Wed, 05 Feb 2020 00:40:38 +0000 He led MDI Ventures to clock a record five exits in a single year in 2019. The post Nicko Widjaja seeks to emulate MDI success at new firm BRI Ventures appeared first on DealStreetAsia. Full Article BRI Ventures MDI Ventures
s ‘Availability of capital at the right time is key for startups’ By www.dealstreetasia.com Published On :: Mon, 10 Feb 2020 00:29:28 +0000 There are US-based venture firms, with no presence in India so far, who are now looking to invest here. The post ‘Availability of capital at the right time is key for startups’ appeared first on DealStreetAsia. Full Article bluestone Freshtohome IronPillar
s I’m a big believer in Masa Son, says BlackRock chief Larry Fink By www.dealstreetasia.com Published On :: Mon, 10 Feb 2020 03:00:31 +0000 Fink welcomed the recent number of failed IPOs, calling it a reset of a bubble. The post I’m a big believer in Masa Son, says BlackRock chief Larry Fink appeared first on DealStreetAsia. Full Article BlackRock Softbank
s This restructuring is a one-time project, says Oyo founder Ritesh Agarwal By www.dealstreetasia.com Published On :: Mon, 10 Feb 2020 11:17:40 +0000 Agarwal described the global restructuring process as "95% complete." The post This restructuring is a one-time project, says Oyo founder Ritesh Agarwal appeared first on DealStreetAsia. Full Article Oyo Hotels and Homes (OYO) Ritesh Agarwal
s Warburg-backed Circles.Life wins slice of telco pie, targeting incumbents’ legacy systems By www.dealstreetasia.com Published On :: Tue, 18 Feb 2020 00:25:21 +0000 The digital telco firm is also looking to enter new markets. The post Warburg-backed Circles.Life wins slice of telco pie, targeting incumbents’ legacy systems appeared first on DealStreetAsia. Full Article Circles.life
s Fave seeks funding to expand ops into more Southeast Asian countries By www.dealstreetasia.com Published On :: Mon, 24 Feb 2020 00:13:27 +0000 Fave, formerly Kfit, is understood to be looking at a corpus of $50 million in its Series C round. The post Fave seeks funding to expand ops into more Southeast Asian countries appeared first on DealStreetAsia. Full Article 500 Startups Axiata Digital Innovation Fund Fave SEGNEL Ventures Sequoia India SIG Asia Investment Venturra Capital
s SBI Holdings-backed e-commerce firm Wandou bullish on Sino-Japanese market By www.dealstreetasia.com Published On :: Tue, 25 Feb 2020 00:15:50 +0000 In January, Wandou raised $48-million Series B from SBI Holdings, Sugi Holdings, and XJ Holding. The post SBI Holdings-backed e-commerce firm Wandou bullish on Sino-Japanese market appeared first on DealStreetAsia. Full Article Citic Group Inagora Corporation Itochu Corporation SBI Holdings Sugi Holdings Wandou Gongzhu
s Grab Ventures bets on Vietnam with launch of accelerator By www.dealstreetasia.com Published On :: Mon, 02 Mar 2020 00:51:50 +0000 Grab Ventures chief Chris Yeo said the venture unit continues to see opportunities to partner with startups in SEA. The post Grab Ventures bets on Vietnam with launch of accelerator appeared first on DealStreetAsia. Full Article Chris Yeo Grab Grab Ventures
s Quona Capital closes second fund at $203m to invest in fintech firms By www.dealstreetasia.com Published On :: Sat, 07 Mar 2020 00:24:14 +0000 With the close of the latest fund, Quona Capital’s AUM currently stands at $363 million. The post Quona Capital closes second fund at $203m to invest in fintech firms appeared first on DealStreetAsia. Full Article Accion Quona Inclusion Fund Quona Capital
s Indonesia’s Investree carves out strategy to expand ops in Vietnam, Philippines By www.dealstreetasia.com Published On :: Thu, 12 Mar 2020 00:08:12 +0000 Investree is currently in the process of raising a Series C round and is likely to close it by the end of this quarter. The post Indonesia’s Investree carves out strategy to expand ops in Vietnam, Philippines appeared first on DealStreetAsia. Full Article Investree OJK
s Coronavirus will compel govts to increase public health expenditure: Quadria Capital By www.dealstreetasia.com Published On :: Mon, 16 Mar 2020 00:00:57 +0000 Coronavirus may trigger positive investment sentiment in ancillary segments of healthcare, says its MD Sunil Thakur. The post Coronavirus will compel govts to increase public health expenditure: Quadria Capital appeared first on DealStreetAsia. Full Article Quadria Capital Sunil Thakur
s There’s dearth of quality seed deals in Singapore, says STRIVE By www.dealstreetasia.com Published On :: Tue, 17 Mar 2020 00:23:15 +0000 STRIVE has of late not seen too many strong startups in the city-state's B2B, SaaS and product-led sectors, says Nikhil Kapur. The post There’s dearth of quality seed deals in Singapore, says STRIVE appeared first on DealStreetAsia. Full Article Strive
s Vaping startup SNOWPLUS says unfazed by COVID-19, Beijing crackdown By www.dealstreetasia.com Published On :: Mon, 23 Mar 2020 00:50:08 +0000 SNOWPLUS, which recently raised $125 million, is seeking to grow in SE Asia, Europe and the US. The post Vaping startup SNOWPLUS says unfazed by COVID-19, Beijing crackdown appeared first on DealStreetAsia. Full Article Dereck Li e-cigarettes SNOWPLUS vaping
s Used car platform Carsome sees opportunities amid COVID-19 outbreak By www.dealstreetasia.com Published On :: Thu, 26 Mar 2020 00:48:10 +0000 Carsome is entering the slowdown with cash in hand, after raising $50 million in December. The post Used car platform Carsome sees opportunities amid COVID-19 outbreak appeared first on DealStreetAsia. Full Article Carsome
s China’s Cathay Capital eyes opportunities in digitalisation, life sciences By www.dealstreetasia.com Published On :: Fri, 03 Apr 2020 13:06:18 +0000 The firm is also looking at multiple strategies to deepen its activity in Southeast Asia. The post China’s Cathay Capital eyes opportunities in digitalisation, life sciences appeared first on DealStreetAsia. Full Article cathay capital Lanchun Duan
s Indonesia has room for multiple SaaS players targeting SMEs, says Mekari CEO Soh By www.dealstreetasia.com Published On :: Tue, 14 Apr 2020 00:49:28 +0000 Mekari, which was formed out of the merger of four startups, snagged Series B and C funding last year. The post Indonesia has room for multiple SaaS players targeting SMEs, says Mekari CEO Soh appeared first on DealStreetAsia. Full Article Mekari
s Financial services, gaming strategies to keep Paytm relevant in current times, says CEO By www.dealstreetasia.com Published On :: Wed, 15 Apr 2020 00:51:08 +0000 Paytm plans to double down on existing categories like payments, content and gaming and push usage in Tier 3 and 4 geographies. The post Financial services, gaming strategies to keep Paytm relevant in current times, says CEO appeared first on DealStreetAsia. Full Article Paytm
s Qiming partner Helen Wong eyes capturing ‘rare gems’ in market downturn By www.dealstreetasia.com Published On :: Sun, 19 Apr 2020 23:24:18 +0000 Qiming, which closed a $1.1 billion fund recently, will look for startups with "good fundamentals." The post Qiming partner Helen Wong eyes capturing ‘rare gems’ in market downturn appeared first on DealStreetAsia. Full Article Asia-Pacific COVID-19 Helen Wong Qiming Venture Partners
s JD.com-backed second hand goods platform Aihuishou spots big opportunity in trade-in market By www.dealstreetasia.com Published On :: Mon, 20 Apr 2020 23:51:33 +0000 In 2019, JD.com merged its secondhand commodity trading platform Paipai.com with Aihuishou. The post JD.com-backed second hand goods platform Aihuishou spots big opportunity in trade-in market appeared first on DealStreetAsia. Full Article Aihuishou JD.com
s Critical to conserve cash and ride out the storm, says GrowthStory’s K Ganesh By www.dealstreetasia.com Published On :: Tue, 21 Apr 2020 00:59:30 +0000 The BigBasket and Portea Medical promoter expects to see venture debt rising as an asset class in India. The post Critical to conserve cash and ride out the storm, says GrowthStory’s K Ganesh appeared first on DealStreetAsia. Full Article BigBasket.com Growthstory HungerBox K Ganesh Portea Medical
s Venture debt in the times of COVID-19: Your questions answered By www.dealstreetasia.com Published On :: Wed, 22 Apr 2020 00:14:30 +0000 InnoVen's Chin Chao, Alteria's Vinod Murali and Simmonds Stewart's Chris Wilson answer your questions. The post Venture debt in the times of COVID-19: Your questions answered appeared first on DealStreetAsia. Full Article Alteria Capital InnoVen Capital
s India: PhonePe aims to be profitable by 2022, go public in 2023 By www.dealstreetasia.com Published On :: Thu, 23 Apr 2020 02:15:03 +0000 The firm's CEO Sameer Nigam speaks about turning profitable, synergies with Flipkart and operations during pandemic. The post India: PhonePe aims to be profitable by 2022, go public in 2023 appeared first on DealStreetAsia. Full Article PhonePe
s China’s Trip.com CEO says primary challenge is to ensure cash flows this year By www.dealstreetasia.com Published On :: Mon, 27 Apr 2020 00:30:24 +0000 The industry in China has begun to show signs of a pickup with a rise in bookings, Trip.com CEO Jane Jie Sun added. The post China’s Trip.com CEO says primary challenge is to ensure cash flows this year appeared first on DealStreetAsia. Full Article Trip.com Group Tripadvisor
s Billionaire investor Ray Dalio says pandemic to usher in new world order with China on top By www.dealstreetasia.com Published On :: Wed, 06 May 2020 23:51:37 +0000 Dalio sees societies being torn by conflicts over wealth and power in the aftermath of the disruption. The post Billionaire investor Ray Dalio says pandemic to usher in new world order with China on top appeared first on DealStreetAsia. Full Article Bridgewater Associates
s Investor interest in PE funds to heighten in post-virus world: Moonfare APAC head By www.dealstreetasia.com Published On :: Fri, 08 May 2020 00:50:32 +0000 Moonfare platform allows family offices, bankers and HNIs to access a curated range of private equity funds. The post Investor interest in PE funds to heighten in post-virus world: Moonfare APAC head appeared first on DealStreetAsia. Full Article Mathieu Forcioli Moonfare
s Mandiri Capital CEO calls e-payments a ‘cash-burning exercise’ By www.dealstreetasia.com Published On :: Tue, 26 Nov 2019 09:47:38 +0000 The race for customers in Indonesia is so intensive that e-payment firms are offer steep discounts. The post Mandiri Capital CEO calls e-payments a ‘cash-burning exercise’ appeared first on DealStreetAsia. Full Article GoPay LinkAja Mandiri Capital ovo
s SBI Cards betting on millennial-driven growth story in upcoming share sale By www.dealstreetasia.com Published On :: Sun, 01 Dec 2019 15:56:41 +0000 Is India’s first IPO of a credit card issuer an opportunity with boundless prospects or a victim of arrested development? The post SBI Cards betting on millennial-driven growth story in upcoming share sale appeared first on DealStreetAsia. Full Article SBI Cards
s SoftBank’s Son may still have the last laugh on WeWork deal: Bernstein By www.dealstreetasia.com Published On :: Fri, 06 Dec 2019 12:31:22 +0000 Chris Lane of Sanford C. Bernstein says WeWork can have a bright future if SoftBank overhauls the business plan. The post SoftBank’s Son may still have the last laugh on WeWork deal: Bernstein appeared first on DealStreetAsia. Full Article Softbank WeWork
s Bangkok Bank’s bid for Permata reflects Thailand’s overseas M&A ambition By www.dealstreetasia.com Published On :: Sun, 15 Dec 2019 14:09:42 +0000 Since 2010, Thai firms have led or taken part in $83 billion of overseas M&A, including 18 deals of $1 billion or more. The post Bangkok Bank’s bid for Permata reflects Thailand’s overseas M&A ambition appeared first on DealStreetAsia. Full Article Bangkok Bank permata
s How unicorns can no longer expand in perpetuity with others’ money By www.dealstreetasia.com Published On :: Fri, 20 Dec 2019 06:31:32 +0000 Startups will be judged by what they are doing rather than what they might accomplish in a starry future. The post How unicorns can no longer expand in perpetuity with others’ money appeared first on DealStreetAsia. Full Article Lyft Inc Pinterest Inc Snap Inc. WeWork
s Vietnam 2020: Soaring valuations, weak SME deal flow may cloud prospects By www.dealstreetasia.com Published On :: Fri, 03 Jan 2020 00:44:33 +0000 The market might take one or two years to see the next batch of SMEs emerge. The post Vietnam 2020: Soaring valuations, weak SME deal flow may cloud prospects appeared first on DealStreetAsia. Full Article ESP Capital Mekong Capital Propzy rever VinaCapital
s Indonesia 2020: Tougher funding environment to trigger consolidation By www.dealstreetasia.com Published On :: Fri, 03 Jan 2020 00:45:23 +0000 Fundraising conversations will increasingly be centred around business models and sustainability. The post Indonesia 2020: Tougher funding environment to trigger consolidation appeared first on DealStreetAsia. Full Article DANA ovo Tokopedia
s Hong Kong exchange chief warns of economic ‘devastation’ from protests By www.dealstreetasia.com Published On :: Fri, 10 Jan 2020 00:03:09 +0000 The warning came as HK-based companies are expected to show the scars of the protests that forced businesses to shut over the next few weeks. The post Hong Kong exchange chief warns of economic ‘devastation’ from protests appeared first on DealStreetAsia. Full Article HKEx
s Four top takeaways from Indonesia PE-VC Summit 2020 By www.dealstreetasia.com Published On :: Thu, 16 Jan 2020 03:40:41 +0000 Startups and investors are pushing for a shift to a “sustainable growth” model. The post Four top takeaways from Indonesia PE-VC Summit 2020 appeared first on DealStreetAsia. Full Article DSG consumer Lippo Vertex
s Financial discipline focus for startups in Indonesia in 2020 By www.dealstreetasia.com Published On :: Thu, 16 Jan 2020 23:40:49 +0000 The tougher scrutiny could dampen investment flows into the region. The post Financial discipline focus for startups in Indonesia in 2020 appeared first on DealStreetAsia. Full Article
s Amazon $1b investment in India not a favor, trade minister says By www.dealstreetasia.com Published On :: Fri, 17 Jan 2020 00:04:28 +0000 The comments came in the midst of Amazon founder Jeff Bezos’s India visit. The post Amazon $1b investment in India not a favor, trade minister says appeared first on DealStreetAsia. Full Article Amazon
s For Indonesian startups, strong foothold in local market is first priority By www.dealstreetasia.com Published On :: Sat, 18 Jan 2020 00:10:16 +0000 A solid foothold in Indonesia is one of the important prerequisites for overseas expansion. The post For Indonesian startups, strong foothold in local market is first priority appeared first on DealStreetAsia. Full Article General Atlantic IDN Media Indonesia PE-VC Summit 2020 Sorabel Traveloka
s Gen Z is rewriting the Indonesian consumer sector story By www.dealstreetasia.com Published On :: Tue, 21 Jan 2020 00:00:37 +0000 Generation Z, or people born in the mid-to-late 90s or later, make up 30% of the population in the archipelago. The post Gen Z is rewriting the Indonesian consumer sector story appeared first on DealStreetAsia. Full Article DSG Consumer Partners EverHaus Kopi Kenangan