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$150 Million Asian Development Bank Loan to Support Green Recovery, Catalyze Financing Toward SDGs in Indonesia
The Asian Development Bank has approved a $150 million loan to support a facility aimed at accelerating Indonesia’s economic recovery from the coronavirus disease (COVID-19) pandemic and catalyzing public and private funds to support green and bankable infrastructure projects.
- Categories
- Coronavirus, Finance, Health Care
- Region
- South Asia
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Analysis: Indonesia’s Innovative Startups Are the Catalyst for Increasing Investment
In recent years, the explosive growth of Indonesia’s startup scene has grabbed global headlines. Its capital city, Jakarta, ranks third on Startup Genome’s 2021 “Emerging Ecosystems” with a combined startup valuation of USD 34 billion.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- innovation, startups
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Digital, Circular Economy Can Earn Thailand $3.4 Billion a Year Extra – World Bank
Digital and disruptive technologies and development of a circular economy can earn Thailand up to $3.4 billion each year in additional investments, savings and revenue, the World Bank said on Tuesday.
- Categories
- Technology, WASH
- Region
- South Asia
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GIC Invests $170 Million in TPG-Backed Health Firm
Singapore’s sovereign wealth fund GIC is investing $170 million (nearly Rs 1,300 crore) in TPG Growth-backed healthcare delivery platform Asia Healthcare Holdings (AHH), making it one of the largest PE deals in the hospital space in recent years.
- Categories
- Health Care
- Region
- South Asia
- Tags
- data
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Funding Societies Raises $294 Million to Back South-East Asia’s SMEs
Small businesses suffer from the same problem: all too often they struggle to access the finance they need to grow. That requires new solutions – and in South-East Asia, Funding Societies thinks it can help.
- Categories
- Uncategorized
- Region
- South Asia
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Andalin Nets US $4 Million to Foray into Trade Financing, Cargo Insurance, SaaS Freight Management
Indonesian digital freight forwarder Andalin has said it secured US$4 million financing in a round led by Intudo Ventures.
- Categories
- Technology
- Region
- South Asia
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Thai Lender Siam Commercial Bank Invests $100 Million in Indonesia’s Akulaku
Thailand's Siam Commercial Bank Pcl announced a $100 million investment in Indonesian fintech startup Akulaku, as part the bank's expansion overseas and into technology.
- Categories
- Finance, Investing, Technology
- Region
- South Asia
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SatSure Raises $5 Million in Pre-Series A round from Baring PE India, ADB Ventures, Others
Bengaluru-based SatSure will use the capital towards expanding its footprint in Southeast Asia and accelerating its product development, including launching its proprietary payloads to Low Earth Orbit.
- Categories
- Finance
- Region
- South Asia
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