From the Creators of TIGER CAGE

Tiger Cage, by Startup Dhaka, is Bangladesh’s first ever entrepreneurship based video series. This reality show finds and presents potential tech startups on stage to investors who can provide funding. Four startups were selected to present for the pilot season. There were four investors in the pilot season – Samad Miraly, Mustafizur R Khan, Fayaz Taher and Nazim
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BIDA plans to launch One Stop Service

Bangladesh Investment Development Authority is in discussion for launching a One Stop Service by the end of January to ease the activities of local and foreign investors. A meeting was held at BIDA office this Sunday with Prime Minister’s Principal Coordinator for SDGs Abul Kalam Azad as chief guest where BIDA Chairman Kazi M Aminul Islam chaired the meeting.
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Mizuho commits $20M for tech fund in China

Mizuho Securities, a subsidiary of Japan’s second-largest lender Mizuho Financial Group, will establish a technology investment fund in China in partnership with two local venture capital firms, according to a report by the Nikkei. Mizuho Securities is said to have made an initial $20-million commitment to the fund, which will be managed by Cybernaut Investment Group and New Frontier Capital Management (Hong
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travel activities App

Alibaba and Line invest in Travel activities startup KKday

Taiwan’s KKday, a startup in the increasingly competitive travel activities space, has pulled in an undisclosed funding round that adds two strategic investors to its business: Chinese e-commerce firm Alibaba and Japanese chat app company Line. KKday was founded in 2015 to help people who travel overseas find and book activities, ranging from tours to tourist attractions, transportation, museums and more. The company said it
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Tink Labs is raising $300M

Tink Labs, a Hong Kong startup that develops smartphones that hotels provide to their guests for free, is raising a new round of up to $300 million to further its international footprint. The startup is in the final stages of completing the deal that could give its six-year-old business a post-money valuation of at least $1.5 billion. It isn’t clear at this
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MassMutual Ventures launches US$50M Southeast Asia focused fund

Boston-based venture capital fund MassMutual Ventures today announced the establishment of its US$50 million Southeast Asia-focused fund MassMutual Ventures Southeast Asia (SEA).
“We made the decision just about a year ago to evaluate expanding into SEA and establishing a dedicated fund here. The primary rationale is just the tremendous opportunity that we see in the last several years, of entrepreneurs forming businesses and
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Aavishkaar to close South Asia focused $300M fund by 2019 end

India’s biggest homegrown impact investor by size of investments, Aavishkaar Group, plans to raise $300 million for its South Asia-focused fund early next year to invest across financial services, agriculture, energy and health, said a senior executive. The fund will be used for investments in Vietnam, Indonesia, Myanmar and Laos among others. “We are avoiding India and China, and looking more
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Huawei invests $23M to support incubating hub in Thailand and India

Huawei had announced the opening of its OpenLab in India with the focus on supporting Indian government rolls out its Smart Cities program and an overall digitization in the country using Huawei’s ICT capabilities. As reported by TechObserver.in, Huawei’s new center will function as an incubating hub for Huawei’s India and global market. A total of US$23 million is going
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Russian Direct Investment Fund to receive $500 million in capital commitments from the Public Investment Fund

CEO of the Russian Direct Investment Fund, Kirill Dmitriev, told Al Arabiya on the sidelines of the Future Investment Initiative that the conference will provide plenty of investment initiatives. Dmitriev said Russian-Saudi ties witnessed positive transformation after Saudi Prince Mohammed bin Salman visited Russia three years ago and met with Russian President Vladimir Putin during the St. Petersburg International Economic Forum
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