Ecosystem Roundup: Ascential acquires Intrepid Group; Grab, BRI Ventures launch startup accelerator

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Ecosystem Roundup: Ascential acquires Intrepid Group; Grab, BRI Ventures launch startup accelerator

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Astra subsidiary SMI set to pour US$259M into Bank Jasa Jakarta Once the deal pushes through, SMI will have 1.1M shares, or a 49.56% stake, in the local bank; At the same time, WeLab will also increase its ownership in the bank to 49.56%.

The trio behind the Singapore-based crypto hedge fund are said to have amassed several billions of dollars in crypto assets at their peak; Between them, they reportedly owns five upscale properties, luxury vehicles and yachts.

It comes 10 months after Toku raised US$10M in Series A led by Deliver Hero-backed DX Ventures; Toku has been providing cloud communications to Gojek, JCDecaux, foodpanda.

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Article Details

Author / Journalist: Sainul

Category: StartupsTechnology

Topics: BRI Ventures Capricorn Partners Go-Ventures Iterative Capital E27 Intrepid Group Zilliqa EduSpaze Y Combinator LingoTalk E27 Pro Finquest Grab Investments Paxel Astra International Pina Planetarium Labs Juragan Material AC Ventures SIG

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-05, 01:30:37

News Timezone: GMT +8:00

News Source URL:

Language: English

Reading Time: 3 minutes read

Article Length: 521 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 30055

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Update Frequency: 3 posts per day

Year Established: 2006

Headquarters: Singapore

News Last Updated: 21h ago

Coverage Areas: Singapore

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