Sydney-based Cobra Group has agreed to invest US$1 million in Wine Talk's business for a 20% equity stake, the Malaysian online wine delivery service company said in a statement.
Digital News Asia (DNA) concludes a weekly series that profiles the top 50 influencers, movers and shakers who are helping shape Malaysia’s Digital Economy. These articles are from Digerati50, a special print publication released in January 2014. For information on customised reprints of Digerati50, email [email protected]
DNA founder Karamjit Singh sees a link to Malaysia’s Vision 2020 developed nation target in two of the stories DNA ran this week, both about efforts to plug specific gaps.
Singapore-based MatchMove Pay announced that it has completed an investment round, with Japan’s Credit Saison as the lead investor. The sum was undisclosed.
Latest US$56mil allocation for high tech to fill gaps Three cloud companies get open ended project funding
Annelutfen, an Istanbul-based e-commerce business for baby and mother products, announced that last month it completed a US$4-million investment round led by Elixir Capital’s ECM Straits Fund.
South-East Asia has some of the fastest growing markets, the most innovative tech companies, and the most active investors in spite of its fundamental weaknesses – and leapfrogging companies will pull in the investments, writes Golden Gate Ventures’ Justin Hall.
Entrepreneurs should go out to raise funds in the next six months as the window may soon close, with increasing signs of a possible global economic slowdown in the near-term.
The final DNA-TeAM Disrupt session of the year will be held on Dec 17 at the MaGIC office in Cyberjaya, with the topic of discussion being ‘The Highs and Lows of 2014.’ What are your personal picks?
Having raised around US$325 million (RM1.12 billion) to date, Anthony Tan now has to demonstrate his management and leadership chops after proving he has among the best sales skills of any startup founder in Asia, much less South-East Asia writes Karamjit Singh.