Funding

KL-born Nova Founders gets US$50mil from HK's Pacific Century Group
Internet investment firm Nova Founders Capital said it has secured a US$50-million investment from Pacific Century Group (PCG), which will be used to build and develop financial technology businesses in high-growth markets.
CEO Cheryl Yeoh lays out MaGIC’s ingredients
MaGIC CEO Cheryl Yeoh sits down with DNA to talk about boosting entrepreneurship in the country. In this, the second of two parts, she speaks of its three core activities and the initiatives in the pipeline, writes A. Asohan.
Equity crowdfunding: The good, and not so good
Industry players DNA spoke to share some of the pros and cons of the consultative paper Securities Commission Malaysia has put up for industry feedback on the impending launch of Malaysia’s equity crowdfunding platform.
SC seeks feedback on equity crowdfunding regulations
Alternative funding channels aim to facilitate growth of small-scale enterprises Deadline for comments is Sept 5
Advertising tech startup Adskom raises S$1 million, targets SEA
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 group raises US$60mil more, aimed at emerging markets
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.
Being in debt is par for the course
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. 
Digerati50: Not just an investor, but an enabler
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]
Catcha’s iProperty gets US$100mil funding from News Corp company
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.
Easy Taxi raises US$40mil from new investors
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.
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Digerati50 2018-2019

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