LITHUANIA > US based, Arxan Technologies, is set to open a new branch in Vilnius, Lithuania hiring 40 people

arxan technologies logo A US based Cybersecurity Company, Arxan Technologies, is set to open a new branch in Vilnius aiming to hire around 40 highly skilled people. Arxan offers guarding solutions injected directly into the client’s binary code and also plans to contribute to building of Lithuania’s cybersecurity community. According to Andrew Whaley, Arxan’s SVP Head of Engineering: “We currently have offices in More …

USA > US based ClassPass raises $85 million in VC financing led by Singapore’s Temasek and Connecticut, USA based PE firm L Catterton’s Growth Fund

classpass logo Focusing on expansion, ClassPass has raised $85 million in the latest funding round. ClassPass aims to expand to 10 new American cities and 20 new countries by the end of 2019. The funds were raised in series D venture capital financing that was led by Singapore-based investment company Temasek, with participation from Connecticut-based private equity firm L Catterton’s Growth Fund, More …

THAILAND > Singapore based Co-working space firm – JustCo – to spend more than $100 million to add 100 locations in 13 Asian markets

justco logo According to JustCo founder and chief executive officer, Kong Wan Sing, JustCo is set to spend more than $100 million in 100 locations in 13 Asian markets including Thailand. Besides Thailand, co working spaces will be set in India, Vietnam, Taiwan, Japan, South Korea, the Philippines, Hong Kong, mainland China, Australia, Singapore, Indonesia and Malaysia. Bangkok will see five new More …

UK > London based Asian Entrepreneur Magazine raises $3.8 million for international expansion

Asian Entrepreneur Already covering markets such as Singapore, Malaysia, India, China, Thailand, Japan, Indonesia, South Korea, Hong Kong, United States, United Kingdom, Australia and Vietnam, Asian Entrepreneur Magazine is set to expand internationally by raising $3.8 million. Asian Entrepreneur is a London based business Media Company and the latest round of investment were led by Cavendish Capital, Sharp Capital Grp. and AJS More …

INDIA > Japan based Kawasaki is to expand its existing Chakan Facility in India

Kawasaki Kawasaki is set to expand its manufacturing unit in Chakan, India to serve as a hub for both domestic and international markets. The Chakan facility will manufacture motorcycles for export to markets such as Africa and Latin America and will make price reduction for popular models such as  Z250 and Ninja ZX-10R due to localized production in India. According to More …

NIGERIA > China Offshore Oil Company (CNOOC) is set to invest additional $3 billion in Nigerian operations

CNOOC logo China Offshore Oil Company (CNOOC) is set to invest additional US $3 billion in Nigerian operations making it the most strategically important overseas business for CNOOC. Beijing based CNOOC’s Chief Executive Officer, Yuan Guangyu said that CNOOC had already invested $14 billion in Nigerian operations while leading a team of CNOOC top executives to the corporate headquarters of the Nigerian More …

BANGLADESH > Japan Tobacco Inc. to acquire Bangladesh based United Dhaka Tobacco business, a subsidiary of Akij Group for $1.47 billion

Japan tobacco logo Japan Tobacco Inc. is set to invest $1.47 billion to acquire United Dhaka Tobacco business, a subsidiary of Akij Group, the single biggest FDI in Bangladesh. United Dhaka Tobacco Company Limited holds about 20 percent market share of Bangladesh’s cigarette market only behind British American Tobacco. $1.09 billion will be utilized to buy shares of Dhaka Tobacco and $386 million More …

BRAZIL > Canada based Alberta Investment Management Corporation and Brazil based IG4 Capital are set to invest R$ 400 Million ($107 million) in Brazil based Iguá Saneamento S.A.

Aimco logo Canada based Alberta Investment Management Corporation and Brazil based IG4 Capital are set to invest R$ 400 Million ($107 million) in Brazil based Iguá Saneamento S.A. The transaction which is expected to close within 50 days is subject to customary closing conditions and the investment will ensure to explore new opportunities in the Brazilian water and sewage sector. IG4 Capital More …