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East Ventures and SV Investment Inject $100m Fund to Supercharge Tech Startups in Southeast Asia

AsiaTechDaily

Register Indonesia-based venture capital firm East Ventures and Seoul-based venture capital firm SV Investment have joined forces to establish a new fund targeted at $100 million. Roderick Purwana, Managing Partner of East Ventures, expressed his satisfaction with the SV Investment partnership.

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20 Years of Investing in Startups

Paul G. Silva

From 2003-2022 the River Valley Investors operated as a traditional angel group, investing in nearly 100 startups. For posterity, here are some of the more recent investments… 2022 Hubly Surgical Hubly Surgical has an advanced drill, complete with auto-stop and visual feedback, to make medical drilling safe across underserved settings.

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3 new ways to empower your entrepreneurial community

Source Link

Racial wealth disparity is a major barrier to thriving communities and economic growth. However, it’s important to consider what barriers entrepreneurs of color face that may keep them from being able to benefit from investment and support resources. Living Cities’ Cities and Businesses of Color: A Guide to Economic Growth.

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Binance, Royal Group sign JV to expand Blockchain Ecosystem in Cambodia

AsiaTechDaily

Register Binance , the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider , entered into a joint venture (JV) agreement with Royal Group of Companies (Royal Group), Cambodia’s strategic investment holding company, to solidify the relationship of the two firms and to expand blockchain ecosystem in Cambodia.

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Capria Ventures raises $100m so far for tech-focused venture fund

AsiaTechDaily

Register Capria Ventures , a venture capital firm specializing in investments in the Global South , has announced the first close of its $100 million fund, which will focus on investing in 20 to 25 tech startups in key entrepreneurial hotspots across India, Southeast Asia, Latin America, the Middle East, and Africa.

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IFC launches new platform to bolster digital economy in Africa, Middle East, Central Asia, and Pakistan

AsiaTechDaily

This will be used to strengthen venture capital ecosystems and invest in early-stage companies in order to address development challenges through technological innovations in climate, health care, education, agriculture, e-commerce, and other sectors.

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Pepper Group to Launch Pepper Money: Fintech Startup for Indian Market

AsiaTechDaily

The company will invest $150 million over the next four years to establish its presence in India, targeting the untapped potential of smaller cities. Pepper Money aims to revolutionize consumer finance in Tier 2 and 3 cities, leveraging the country’s impressive economic growth and a young, tech-savvy population.