News & Trending | FI SENSE

November 27, 2020

Evergrande Property Services Group’s Hong Kong IPO priced at the lower end of expectations raises $1.8 billion the tepid demand underscoring concerns about the financial health of its debt-laden parent. Evergrande Property Services Group’s Hong Kong IPO priced at the lower end of expectations raises $1.8 billion the tepid demand underscoring concerns about the financial […]

November 27, 2020

Ascena Retail Group, which owns clothing brands such as Ann Taylor and Loft, said o it will be acquired by Premium Apparel LLC for $540 million on a cash-free and debt-free basis. Premium Apparel, a unit of private equity firm Sycamore Partners, has committed to retain a substantial portion of the retail stores and associates […]

November 26, 2020

VC arm of Indonesia’s state-owned Bank Rakyat BRI Ventures has announced the first close of its Sembrani Nusantara fund at IDR150 billion (US$10.62 million) in a press statement. Participating investors include Grab, Indonesian VC firm Celebes Capital, Fazz Financial Group, the fintech P2P platform Investree, and serial investor Pandu Sjahrir. According to the statement IDR150 […]

November 26, 2020

The corporate venture arm of state-owned Telkom Indonesia, MDI Ventures has partnered with fintech-focused VC firm Finch Capital to launch a new early-stage investment fund name Arise according to press statement. According to the statement, Arise fund will be run under a joint venture by the two founding firms and will aim to invest in […]

November 26, 2020

Philippine-based proptech startup AQWIRE has announced it has raised US$2.1 million in a Series A round of funding in a press release. The round of financing was led by Spiral Ventures. Other participating investors include Singapore-based Gentree, PropertyGuru’s original investor Vulpes, Hong Kong’s Betatron Venture, and Steve Melhuish, Co-founder of PropertyGuru. The newly acquired capital […]

November 25, 2020

Kredivo, an Indonesia-based digital credit platform, disclosed it has secured a credit line funding of US$100 million from US-based investment company Victory Park Capital (VPC). This credit line is the largest in Kredivo’s history and within the fintech industry in Southeast Asia, it said in a press note. The funding also marks VPC’s inaugural investment […]

November 25, 2020

Pulsifi, a Singapore and Malaysia-based HR tech startup, attracts US$1.8 million in an angel round. Investors such as Kairous Capital; Aaron Chen, Founder of KVC group of companies; and Rajesh Lingappa, Co-founder & Former CTO of RedMart, joined the round. As per a press release, this investment brings Pulsifi’s total funding to US$4 million. The […]

November 25, 2020

The-Wolfpack, an early-stage startup fund in the direct-to-consumer (D2C) sector, has announced its launch in Singapore. The VC firm will look to invest in startups in the consumer goods, leisure and media sectors, who require strategic capital to drive growth across SEA and Australia Christened ‘The Wolfpack Pioneer VCC’, the US$5 million debut fund is focussed on […]

November 24, 2020

Philippines-based IP E-Game Ventures’ subsidiary New Wave has signed announced it has signed an agreement with Malaysia’s boutique investment firm Emissary Capital to launch a US$50-million fund to invest in ASEAN startups in a press statement. The fund which has been dubbed Emissary Capital Growth Fund 1 aims to strengthen collaboration between startups in the […]

November 24, 2020

Saudi mobile wallet Stc Pay which is a subsidiary of Suadi Telecom (Stc) has raised $200 million from Western Union at a valuation of $1.33 billion (SAR 5 billion. The international money transfer giant has acquired a 15 percent stake in Stc Pay as a result of the deal. The valuation, Stc, said makes Stc […]

Category: News & Trending

Evergrande Property’s Hong Kong IPO raises $1.8b

Sycamore unit to acquire Ann Taylor, Loft, others for US$540m

BRI Ventures’s Sembrani Nusantara rounds up first close at US$10M

Finch Capital and MDI Ventures launch a US$40m pre-Series A fund

AQWIRE raises US$2.1M in Series A

Kredivo bags US$100M from Victory Park Capital Kredivo

Pulsifi secures US$1.8M angel round

The-Wolfpack debuts with US$5M fund targeting D2C startups in SEA

Emissary Capital to launch US$50M fund for ASEAN startups

Stc Pay raises US$200m from Western Union

Evergrande Property's Hong Kong IPO raises $1.8b

Sycamore unit to acquire Ann Taylor, Loft, others for US$540m

BRI Ventures's Sembrani Nusantara rounds up first close at US$10M

DOWNLOAD APP