Indonesian VC fund raises US$75 million from investors including Temasek

JAKARTA: Jakarta-based venture capital firm East Ventures said on Wednesday (Aug 21) it raised US$75 million for its sixth fund, backed by prominent Asian businessmen, to invest in early-stage startups in Southeast Asia’s largest economy. The list of investors included Facebook co-founder Eduardo Saverin, family offices of Alibaba Group’s co-founder Eddie Wu, Chief Executive Officer of […]

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Police ban ‘all activities’ involving preacher Zakir Naik across Malaysia

KUALA LUMPUR: Malaysia’s police have imposed a country-wide ban on “all activities” linked to controversial Indian preacher Zakir Naik for security reasons. The order was issued as such events can create a tense atmosphere in the multiracial society of Malaysia, said the police’s head of corporate communications Asmawati Ahmad on Tuesday (Aug 20). Advertisement Advertisement “All […]

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