Singapore-based programmatic advertising startup Adskom said it has raised S$1.06 million (US$850,000) in seed round funding from Tokyo-based Digital Garage, Singapore-headquartered East Ventures, and Jakarta-based Beenos Plaza and Skystar Capital.
FoodPanda, together with its affiliated brands HelloFood and Delivery Club, announced another financing round of US$60 million from a group of investors, including various existing investors, Falcon Edge Capital and Rocket Internet AG.
DNA founder Karamjit Singh thinks being in debt as a startup is not unusual and feels players in the ecosystem should be more supportive and positive of each other’s success.
Digital News Asia (DNA) continues 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 Digertai50, email [email protected]
Online investment firm Catcha Group has announced that REA Group, an affiliate of News Corp, has acquired a 17.22% stake in its portfolio company, iProperty Group.
Rocket Internet’s Easy Taxi, a mobile taxi app available in Latin America, Africa, the Middle East and Asia, said it has secured US$40 million in Series D funding led by the Russian Phenomen Ventures and with the participation of Tengelmann Ventures, the investment company of German retail giant Tengelmann Group.
Many VCs and angels in Malaysia still have ‘demanding’ expectations Skin in the game, maturity and good network among what angels look for
Entrepreneurs must be aware of the cultural and mindset difference between Malaysian and regional VCs, and just deal with it, writes DNA founder Karamjit Singh.
Nazrin Hassan frets over trend of startups raising money overseas Badlisham Ghazali leaves MDeC after 7 years to run airports business
Having raised money from Singapore, CatchThatBus, will be strengthening its position in Malaysia and Singapore this year, before proving that its business is scalable across South-East Asia in 2015. The founders also share their advice on when best to start engaging with VCs.