And, Indian real estate developer Lodha raised $ 225 million through the sale of bonds; SoftBank India has appointed Manoj Kohli as its head of business
India
Lodha, an Indian real estate developer, raised $ 225 million through the sale of bonds. According to ET, Lodha will use the funds to pay off its five-year bonds due in March. Due to tight market liquidity in the industry, newly issued bonds may cost more than existing bonds.
SoftBank India has appointed Manoj Kohli as its head of national operations. According to ET, Manoj Kohli, a former executive of Indian telecom operator Bharti Airtel, has more than 40 years of work experience and was the head of Airtel’s international business. Kohli will be responsible for supporting SoftBank, its Vision Fund and its portfolio companies in India.
Park +, an Indian supplier of automatic parking systems, has raised $ 11 million in financing. According to ET, this round of financing was led by Sequoia India and Jingwei India, and angel investors such as Ashish Hemrajani, CEO and founder of ticketing platform Bookmyshow, and CEO and co-founder of online travel company MakeMyTrip also participated. This round of investment. It is reported that Park + provides real-time parking search, reservation, payment and tracking for its individual and corporate users.
India may require traceability of information published on platforms such as Facebook and WhatsApp. According to TechCrunch, New Delhi will make recommendations to regulators asking social media companies and instant messaging application providers to help law enforcement agencies find users who post inappropriate or suspicious information. In recent months, dozens of companies and security experts have urged New Delhi to be transparent about the changes it plans to make. It is reported that India will submit relevant amendment proposals to the Supreme Court later this month.
The Indian rating agency has set India’s GDP growth rate at 5.5% in FY21. According to ET, the Indian rating agency has set India’s GDP growth rate at 5.5% in 2020-2021, which is higher than the 5% growth rate expected by the Indian Bureau of Statistics in 2019-2020. It is reported that the agency said it expects gross domestic product (GDP) to increase 5.5% in FY21, but downside risks remain.
Southeast Asia
Singapore native unicorn Grab, Indonesian gaming company Razer, AirAsia AirAsia, Malaysian telecommunications group Axiata, and Indonesian bank CIMB are all interested in bidding for digital banking licenses in Malaysia. DealStreetAsia reported that in December last year, the Central Bank of Malaysia announced plans to issue up to as many as new digital banks offering traditional or Islamic banking services in accordance with the proposed licensing framework (Note: to be finalized by the end of June). Five licenses. It is reported that according to Malaysia’s draft proposal, digital banks must provide products and services that can promote financial inclusion, and have an initial capital of 100 million ringgit (about 24.5 million US dollars).
The instant messaging application LINE has established a partnership with HappyFresh, an Indonesian fresh food e-commerce company. According to e27, LINEMAN, a platform established by LINE and HappyFresh, will provide users with grocery delivery services today. It is reported that this cooperation will help HappyFresh expand its user base and also meet the daily grocery needs of LINE users.
The Chinese B2B e-commerce company, Drow, joins the digital banking license competition in Singapore. According to DealStreetAsia, the company has been operating Z-Bank in China since it was awarded a Chinese virtual banking license in 2017. Earlier, the Monetary Authority of Singapore had received 21 applications, but only 5 had been issued.
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Mobile attribution and marketing analytics platform AppsFlyer extends its business to the $ 30 billion mobile application market in Asia. According to Tech in Asia, the company opened a new office in Jakarta with the completion of AppsFlyer’s $ 210 million Series D funding round. It is reported that in the past five years, the company has been working with Gojek, Tencent and other Asian brands.
Africa
Alipay partner African fintech company Flutterwave has raised $ 35 million in Series B financing. According to foreign media reports, on Tuesday, the African fintech company Flutterwave completed a US $ 35 million round of financing and announced that it was a European payment giant acquired by US financial services provider FIS for US $ 350 billion last March Worldpay cooperates to provide payment services for Africa.
Others
Tencent issues an all-cash acquisition offer to Norwegian game developer Funcom. Tencent has made an all-cash offer to acquire Norwegian game developer Funcom NV, valuing the latter at 1.33 billion Norwegian kroner ($ 148 million). Tencent acquired 29% of Funcom last year and has become the latter’s largest shareholder. Funcom said in a statement Wednesday that its management and board of directors unanimously recommended the 17 kroner per share offer. (Sina Finance)
文 | 杜俊 @ 出海
Edit | 赵小 纯 @ 出海
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