Vietnam
HK-based Strategic Year Holdings also invested in the $5m round.
Berkshire Hathaway sells $59m worth of shares in Chinese EV maker BYD
Japan's SMBC, Incubate Fund launch new vehicle in SG for fintech investments
S Korean e-grocery platform Kurly raises $91m from existing investors Aspex, Anchor
Chinese automaker BYD to manufacture EVs in Vietnam
Sequoia-backed Indian edtech firm Cuemath lays off 100 employees
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Indonesian coffee chain Kopi Kenangan brews ambitious global expansion plans
Vietnam’s Sapo Technology in talks to raise $20m in new funding round
Taylor’s Education Group owners mull sale of Malaysia, Vietnam universities: Report
SEA Digest: CAV closes first fund, MoneyLion exits digital Islamic bank consortium; Salim Group backs Mimin
Climate investor TRIREC to raise $100m third fund, to close predecessor at $80m
Singapore
CEO Forrest Li announced a 5% pay increase for Sea’s staff.
India
The firm said it aims to invest in early-stage startups with larger cheque sizes.
Philippines
The online stock broker, DragonFi, could officially launch this week.
The startup is in talks with both PE and VC players for funding
Greater China
The proposed debt financing is in the form of long-term project loans to the subsidiaries of ALBA Group Asia.
The investment would value the Accel-backed firm at close to $500 million.
Thailand is Asia’s fourth-largest autos assembly and export hub for carmakers like Toyota and Honda.
Filter Capital and Edelweiss Discovery Fund Series – I led the round.
Ant Bank (Hong Kong) Ltd is in talks with potential investors to bolster operations