The firm's portfolio companies in SEA include Grab, Berry Kitchen, and goKampus, among others.

The post Silicon Valley-based Sovereign’s Capital closes $60m fund for SEA push appeared first on DealStreetAsia.

The funding will also be used to support MSMEs through restructuring options.

The post Indonesia’s P2P lender Modalku raises $40m in Series C round appeared first on DealStreetAsia.

Akulaku and Mintos are said to have reached an agreement on a restructured repayments schedule.

The post [Updated] Global P2P platform Mintos suspends Indonesia’s Akulaku over late payments appeared first on DealStreetAsia.

MassMutual Ventures SEA, MDI Ventures and Central Capital Ventura also joined the round.

The post SE Asian insurtech startup Qoala raises $13.5m led by Centauri Fund appeared first on DealStreetAsia.

CCOF has made an equity investment in Mumbai-based Lucro and extended debt to Indonesia'sTridi Oasis.

The post Circulate Capital invests $6m in plastic recycling players in India, Indonesia appeared first on DealStreetAsia.

The omnibus bill on job creation limits increases in the minimum wage and eases conditions for firing employees.

The post Indonesia halts job creation bill targeting foreign investment appeared first on DealStreetAsia.

Small companies account for more than half of Indonesia's gross domestic product and provide many jobs in the country of more than 260 million people.

The post Indonesia to subsidise interest payments for virus-hit smaller firms appeared first on DealStreetAsia.

Investors have shifted their focus and energy to stabilising their existing investment portfolio.

The post Education deals in SEA put on the back burner amid virus crisis appeared first on DealStreetAsia.

A hacker has offered the details of its 91 million users for "$5,000 on the Darknet".

The post Tokopedia says investigating alleged data leak of 91m users appeared first on DealStreetAsia.

BFI Finance is 45.7% owned by a consortium comprising private equity firms TPG and Northstar Group.

The post Italy’s Compass Banca drops plan to buy stake in Indonesia’s BFI Finance appeared first on DealStreetAsia.

Existing backer Wavemaker Partners also participated in the funding round.

The post Indonesia’s GudangAda snags $25.4m led by Sequoia, Alpha JWC appeared first on DealStreetAsia.

There are several logistics deals in the pipeline that would likely be closed as early as by June.

The post Indonesia’s B2C logistics startups see deal traction as demand soars for last-mile services appeared first on DealStreetAsia.

​​Of the 34, 11 hail from Begusarai, seven each from Saharsa and Madhepura, five, including a woman, from Rohtas, two from Darbhanga and one each from Khagaria and Araria districts.

These five cities are important to contain the spread of the coronavirus and help India flatten the curve. The respective state governments should strengthen containment strategies and undertake rigourous testing and contact tracing to bring the situation under control.

The labourers, rendered jobless due to the coronavirus-enforced lockdown, had set off for their homes on foot along the rail tracks apparently to escape police attention. Sixteen migrant workers sleeping on rail tracks while returning to Madhya Pradesh were crushed to death by a goods train in Aurangabad district of Maharashtra in the early hours of Friday.

For a while, the international mission looked like it might have to be called off, as country after country went into lockdown because of the virus, scuppering plans to bring fresh supplies and crew to the German research vessel Polarstern that's been moored in the high Arctic since last year.

"In India for almost 50 years Azaan on the loud speak was Haraam. Then it became Halaal and so halaal that there is no end to it, but there should be an end to it. Azaan is fine but loud speaker does cause of discomfort for others. I hope that atleast this time they will do it themselves (sic)," Akhtar tweeted.

Lewis Hamilton laid down a important marker ahead of qualifying for the Italian Grand Prix, setting a quickest time of 1:22.498 to finish ahead of Sebastian Vettel and the Ferraris of Fernando Alonso and Felipe Massa on a glorious sunny morning at Monza

Fernando Alonso sent the assembled hordes of Tifosi delirious by taking pole position for the Italian Grand Prix

Red Bull drivers Mark Webber and Sebastian Vettel suffered mixed emotions during qualifying for the Italian Grand Prix after finishing fourth and sixth fastest respectively

Vitaly Petrov has been slapped with a five-place grid penalty for holding up Timo Glock during qualifying for the Italian Grand Prix

Fernando Alonso sent the Tifosi wild by winning the Italian Grand Prix from Jenson Button and team-mate Felipe Massa after taking the lead from the McLaren in the pit stops

Read what the teams and drivers had to say after the Italian Grand Prix at Monza

Fernando Alonso hailed first victory in the Italian Grand Prix for Ferrari as one of the greatest of his career, only comparable to wining his home grand prix in Barcelona

Jaime Alguersuari said he was more than a little surprised to receive a drive-through penalty for cutting a chicane during the Italian Grand Prix

Ferrari insists it is right back at the centre of the championship fight after Fernando Alonso's victory at the Italian Grand Prix

Jenson Button is expecting to have a strong race at the Brazilian Grand Prix this weekend, but is hoping for rain on Saturday to mix up the qualifying order

Lewis Hamilton admitted that his McLaren still needs a little more downforce after he finished fourth fastest behind the Red Bulls and Fernando Alonso's Ferrari in Friday free practice

Fernando Alonso said there had again been no major surprises after Friday's free practice session after he finished third fastest behind the Red Bulls of Sebastian Vettel and Mark Webber

Robert Kubica made the most of a drying circuit to top the timesheets during the final practice session for the Brazilian Grand Prix

Jenson Button blamed a poor balance in his McLaren for failing to make the final session of qualifying at the Brazilian Grand Prix and lining up 11th for Sunday's race

Fernando Alonso is relying on tyre strategy to limit the damage to his narrow championship lead at tomorrow's Brazilian Grand Prix

Sebastian Vettel led home team-mate Mark Webber for a Red Bull 1-2 as their team wrapped up the constructers' championship at the Brazilian Grand Prix

Sebastian Vettel was almost lost for words after winning the Brazilian Grand Prix and helping his Red Bull team clinch its first constructors' title after he lead home team-mate mark Webber for a dominant 1-2

Fernando Alonso said he is "extremely happy" to head to the final round of the championship in the lead of the drivers' championship after finishing third at the Brazilian Grand Prix

Michael Schumacher said that he let team-mate Nico Rosberg past because he was in a better position to challenge Jenson Button ahea

Mark Webber will not start from the front row of the grid at the Canadian Grand Prix, after Red Bull decided to change his gearbox on Sunday morning

Fernando Alonso admitted he was happy with a welcome return to form after finishing third in the Canadian Grand Prix although he said he could have won the race

Jenson Button said he was happy to finish second in the Canadian Grand Prix as team-mate Lewis Hamilton stormed to victory

Mark Webber was left in a philosophical frame of mind after finishing fifth in the Canadian Grand Prix

Michael Schumacher was not penalised for his part in colliding with Felipe Massa while racing for position towards the end of the Canadian Grand Prix

Virgin Racing technical director Nick Wirth was left reflecting on a 'worse-case scenario' of tyre degradation that hampered his team's chances at the Canadian Grand Prix

The organiser of the Canadian Grand Prix is happy with the way the track held up over the course of this year's race

Red Bull's Christian Horner admitted the mechanical failure which cost Sebastian Vettel a likely win at the Bahrain Grand Prix was "very frustrating" but said overall he was happy

Fernando Alonso has said "it's too early to talk about changing the rules" despite the criticism following the Bahrain Grand Prix

Nico Rosberg thinks the perfect strategy in Malaysia will involve getting as much out of one stint on the option tyre as possible during Sunday's race

A frustrated Sebastian Vettel said brake failure cost him victory in the Australian Grand Prix

Fernando Alonso praised his team and the car after coming from the back of the field to finish fourth at the Australian Grand Prix

Fernando Alonso has revealed that Michael Schumacher suspected he deliberately held up the German during qualifying in Melbourne