Funding

Japan’s SRA invests US$9mil in Singapore’s Tagit
Tagit said it has secured 'around S$12 million' in investment from the SRA Group, an IT company from Japan.
Nida Rooms secures US$4.2mil equity investment
Global Rooms Ltd, which owns and operates the Nida Rooms hotel reservation system, announced it has secured  equity investment of US$4.2 million, led by venture capital firms Convergence Ventures and CyberAgent Ventures.
Indonesia needs to embrace failure and competition: Trade Minister
All stakeholders in Indonesia’s digital economy – from corporates and the startup community, to the Government – need to embrace failure, urged Trade Minister Thomas Trikasih Lembong.
Week in Review: SEA ecosystem shrugs off MOL’s delisting
Despite months of down or flat funding rounds, the SEA ecosystem has shrugged off news of MOL Global’s delisting to power ahead with Ninja Van’s Series B funding, writes Karamjit Singh.
DNA on BFM: Indonesia’s Telkom on the offensive
On today’s DNA segment of the Tech Talk show on BFM Radio, Karamjit Singh cast a wide net, prodded on by radio presenter Freda Liu!
Week in Review: Malaysia’s Khazanah shows its risk appetite
With its latest investment into Singapore’s Garena, the Malaysian Government’s VC arm Khazanah Nasional is making bets on late stage startups, writes Karamjit Singh.
ServisHero secures US$2.7mil pre-Series A
KL-based on-demand services startup ServisHero has raised US$2.7 million in a pre-Series A round led by Singapore-headquartered Golden Gate Ventures, with participation from Cradle Seed Ventures.
Now Rupert Murdoch’s Sky gets into the iflix action
iflix announced the completion of a 'large new round of funding' led by Sky, with participation from Indonesian media giant Emtek Group through its subsidiary Surya Citra Media.
Dating app startup Paktor gets undisclosed funding from Indonesia’s MNC Media
Paktor Pte Ltd said that Indonesian media conglomerate MNC Media Group has invested an undisclosed amount in it, part of a larger investment round Paktor is currently closing.
Philippines fintech startup PawnHero secures pre-Series A
PawnHero said it has landed undisclosed pre-Series A funding in a round led by the SoftBank-affiliated, Philippines-focused Kaikaku Fund, with participation from 500 Startups and IMJ Investment Partners.
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