Tag: funding
Malaysia’s digital content market has grown substantially over the years, posting RM87.25 billion in revenue and RM11.18 billion in export sales, while creating gainful employment for some 11,154 Malaysians within this industry since 2011.
India – Venturi Partners has announced the launch of its second fund, targeting $225 million with a hard cap of $250 million, to support high-growth consumer brands in India and Southeast Asia. Building on its first fund, the new fund will continue Venturi’s strategy of investing in consumer brands that...
CARSOME secures RM100m in financing facility from AmBank Group to bolster capacity for future growth
This substantial funding will enable CARSOME to extend its reach, enhance its services, and drive sustained growth, reinforcing its commitment to delivering exceptional value across all facets of its operations.
Going into detail, Carro signed a US$75m multi-currency loan to fund the growth of its fintech arm, Genie Financial Services.
To date, Igloo has been on a strong growth trajectory having cemented partnerships with over 55 companies across 7 countries and over 15 products in its expanding product suite. It has facilitated over 300 million policies and increased gross written premiums by 30 times since 2019.
The new funding will aid in Modhaus’ vision of expanding Cosmo into “the K-pop equivalent of LinkedIn or Kickstarter.”
The World Bank’s board of executive directors approved a total of US$600m in funding to support the digitalization reforms in the Philippines through its First Digital Transformation Development Policy Loan (DPL).
The newly secured facility will further grow and expand its loan portfolio, demonstrating the confidence private investors have in them.
FOMO Pay will also use the funding to strengthen its research and development capabilities, as well as to bolster its geographical expansion.
Through the new funding, Bounty Media will continue its rollout across SEA and the rest of APAC through 2022 and 2023
