V Capital has also become Cross River Bank's strategic partner in the Southeast Asia region.

The post V Capital teams up with Cross River Bank, eyes digital banking licence in Malaysia appeared first on DealStreetAsia.

The 2022 target is a part of the fund's diversification strategy of its asset classes.

The post Malaysia’s PNB seeks to raise global exposure to 30% by 2022 appeared first on DealStreetAsia.

SC will facilitate the online distribution of capital market products such as unit trusts.

The post SC Malaysia allows distribution of capital market products via e-service platforms appeared first on DealStreetAsia.

INCJ bought the shares from Edotco parent Axiata for $400 million via a private placement in 2017.

The post Japanese PE investor INCJ mulls stake sale in Axiata tower arm appeared first on DealStreetAsia.

Philippines-based cloud kitchen startup CloudEats has secured $1.4 million in a seed funding round led by an undisclosed local family office.

The post SEA Digest: CloudEats bags seed funding; LinkAja launches sharia service appeared first on DealStreetAsia.

StreetCred hopes super apps battling for dominance in Indonesia will find its data equally valuable.

The post Gojek-Grab battle in Indonesia opens way for US mapping startup appeared first on DealStreetAsia.

A big challenge for Salim Group and its investment ambitions could be its transition to a new generation.

The post Why Salim Group is no underdog in Indonesia’s startup scene appeared first on DealStreetAsia.

Many startups are scrambling to cut costs - slicing payrolls and the wages of those still on the job. 

The post Southeast Asian startups tighten purse-strings as coronavirus hits revenue appeared first on DealStreetAsia.

The three firms are working with FB to apply for regulatory approval to launch the service in the country.

The post Facebook in talks with GoPay, OVO, LinkAja for mobile payments launch appeared first on DealStreetAsia.

HC Surgical will enter into a separate agreement to buy the remaining stake in GMHES at a later stage.

The post SE Asia Digest: Gojek completes Moka deal; HC Surgical to pick 51% in GMH appeared first on DealStreetAsia.

The purchase price values Permata at 1.63 times its book value as of March 31, down from 1.77.

The post StanChart, Astra agree to reduced sale price for stake in Bank Permata appeared first on DealStreetAsia.

The VC, however, has shelved its plans to launch its next fund that was slated to invest in B2B, among others.

The post Indonesian VC Everhaus backs goKampus, ReCharge; plans evergreen fund appeared first on DealStreetAsia.

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 first close represents one-third of the fund’s $800-million target.

The post PE firm Northstar makes first close of Indonesia-focused fifth fund appeared first on DealStreetAsia.

The number of deals touched 146 in the first quarter this year, compared to 127 in the same period last year.

The post Southeast Asia’s startups raised $2.9b in Jan-March, up 3% from Q1 last year 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.

RedDoorz said it was unable to fulfil its commitments on its contracts due to COVID-19 outbreak

The post [Updated] Hotel operator RedDoorz declares force majeure in Indonesia 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.

Prior to the pandemic, Stoqo was in the process of raising a fresh round to expand its business.

The post Indonesian culinary supply startup STOQO said to have shut down ops amid COVID-19 pressure appeared first on DealStreetAsia.

This brings the total funding of the company to $6 million to date.

The post Indonesian vitamin-maker YOU bags fresh funding from DSG Consumer, others appeared first on DealStreetAsia.

The Series A round has brought 360VUZ’s total funding amount to $7 million.

The post Asia Digest: Shorooq backs 360VUZ; Amartha CEO steps down 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.

The plan does not so far include insurers Jiwasraya and Asabri that have been rocked by management scandals.

The post Indonesia seeks to shore up public trust with insurer consolidation 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.

BukuKas has raised a seed funding round led by Sequoia Capital India through its startup programme Surge.

The post Indonesia Digest: East Ventures raises $609k for COVID-19 test kits; BukuKas bags seed funding 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.

MNC as well as Link Net’s shareholders could not reach an agreement by the end of April 2020.

The post Indonesia’s MNC Vision drops plans to acquire CVC-backed Link Net appeared first on DealStreetAsia.

SEA recorded a 54 per cent jump in online sales year-on-year between Jan 13 and April 5.

The post Grocery, food startups gain as online demand soars amid pandemic appeared first on DealStreetAsia.

Pasarpolis raised a Series A funding round from unicorns, Gojek, Traveloka and Tokopedia, in 2018.

The post IFC proposes $5m equity investment in Indonesian insurtech Pasarpolis appeared first on DealStreetAsia.

The decision to completely shut down its operations comes after significant downsizing by the company.

The post Traveloka-affiliated hotel startup Airy to shut down business amid virus pressure 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.

Cashlez will use the IPO proceeds to purchase a 61.31 per cent stake in IT solution provider Softorb Technology Indonesia (STI).

The post SEA digest: Indonesia’s Cashlez raises $5.8m in IPO; KB Kookmin Card to buy Thai firm 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.

"Troops resolve such issues mutually as per established protocols. Such an incident occurred after a long time," said a source.

While China had officially designated all areas of the country as low-risk last Thursday, the new cases according to data published on Sunday represent a jump from the single case reported for the day before. The number was lifted by a cluster of 11 in Shulan city in northeastern Jilin province.

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.

Over 200 people were still undergoing treatment in the KGH, but their condition was said to be stable. Visakhapatnam district in-charge Minister K Kanna Babu, who visited the hospital and spoke to some of the victims, said all the patients were fast recovering.

“Let shopkeepers sell their wares and provide services. Let construction workers return to building sites. Allow farmers to harvest their crops and to transport them to be sold on the open market,” the authors wrote, while arguing that restrictions should be placed only in clusters which report higher number of cases.

The nurses, who are from Aster DM Healthcare hospitals in the states of Kerala, Karnataka and Maharashtra, will be put under quarantine for 14 days after which they will be assigned to various field hospitals as per requirement, the Khaleej Times reported.

This is the first major bureaucratic rejig by the BJP-led state government since Shivraj Singh Chouhan became chief minister in March this year.

"I don't think a lot of rules and regulations will be changed, you can probably have an alternate for the usage of saliva - apart from that I don't think so many changes will happen," Gambhir told Star Sports.

His remarks came a day after Tamil Nadu moved the Supreme Court, seeking a stay against a Madras High Court order directing closure of liquor shops in the state.

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.