Oct 9, 2014 | India, News, South & Central Asia, Southeast Asia
MUMBAI, Oct 9 (Reuters) Temasek Holdings has agreed to invest 5 billion rupees ($82 million) to buy a stake in Devyani International, operator of KFC, Pizza Hut and Costa Coffee chains in India, three sources with direct knowledge of the matter said. The sources said...
Aug 28, 2014 | East Asia, News, Southeast Asia
TechCrunch KKBOX, a Taiwan-based company that has provided streaming music services in Asia since before Spotify was founded, announced (link in Chinese) that it has raised $104 million from Singapore GIC (formerly known as the Government of Singapore Investment...
Aug 15, 2014 | Brazil, Latin America, News, Southeast Asia
SINGAPORE, Aug 15 (Reuters) – Singapore sovereign wealth fund GIC said on Friday it has acquired an 18.5 percent stake in Brazilian education services company Abril Educacao SA. GIC did not say how much it paid for the stake in Abril, a leading player in...
Jun 11, 2014 | Central & Eastern Europe, News, Russia, Southeast Asia
East-West Digital News Over the past months Russian seed-stage fund SpinUp Partners has invested in two Asian startup accelerators – a pioneering move among Russian funds, which usually consider California the prime destination in their global investment strategy. In...
Jun 9, 2014 | News, Southeast Asia
TechCrunch June 9, 2014 aCommerce, a regional end-to-end e-commerce logistics and service provider for Southeast Asia, has closed a Series A funding round of $10.7 million. According to the company, this is the largest Series A for a Thailand-based startup and one of...
May 29, 2014 | News, Southeast Asia
TechCrunch May 29, 2014 GrabTaxi, the taxi-calling app that claims to be the largest in Southeast Asia, said today that it has raised a $15 million Series B led by GGV Capital with participation from Qunar and returning investor Vertex Venture Holdings. The latter led...