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Indonesia’s Evermos Raises $39 Million Funding Led by IFC to Fuel Business Expansion
Evermos said it will channel this latest funding towards strengthening its reseller network.
- Categories
- Investing
- Region
- South Asia
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Asian Development Bank Investing $25 Million in Private Equity Fund to Grow Middle-Market Companies in Southeast Asia
The multilateral lender signed a $25 million equity investment in the private equity fund managed by Singapore-headquartered investment firm Exacta.
- Categories
- Education, Finance, Health Care, Investing
- Region
- South Asia
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Indonesia Tax Cut Drives Electric Car Sales for Hyundai, Wuling
Sales of electric cars in Indonesia jumped last month after the government launched a tax incentive.
- Categories
- Energy, Technology, Transportation
- Region
- South Asia
- Tags
- corporations, e-mobility
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New Tech Partnership to Boost Seaweed Farming in Southeast Asia
Oceanfarmr and Coast 4C – a social enterprise focused on regenerative seaweed farming – have announced a collaboration to develop mobile technologies to help improve the livelihoods of small-scale seaweed producers in Southeast Asia.
- Categories
- Social Enterprise, Technology
- Region
- South Asia
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Mastercard Launches New Data and Services Hub in Malaysia to Serve the Asia Pacific Region
The new office in Kuala Lumpur will serve clients across the Asia Pacific region with a suite of offerings beyond transactions.
- Categories
- Technology
- Region
- South Asia
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Apple Is Making Another Bet on an Emerging Market in Asia
The iPhone maker is seeking growth among younger, mobile-first populations.
- Categories
- Technology, Telecommunications
- Region
- South Asia
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London’s Sturgeon Capital Launches $35 Million Fund Aimed At Emerging Startups in Central Asia
Sturgeon Capital, a London-based VC, plans to invest in early-stage startups in the emerging markets of Central Asia and South Asia (excluding India).
- Categories
- Technology
- Region
- South Asia
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Chinese Automaker BYD to Make EVs in Vietnam
Chinese automaker BYD plans to expand into electric vehicles manufacturing and assembly in Vietnam.
- Categories
- Transportation
- Region
- South Asia
- Tags
- e-mobility, manufacturing
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