News worth knowing

An analysis of recent changes in the market reveals four factors that are set to catalyze consolidation in Southeast Asia in the near future.

With the acquisition of ezeDox, BetterPlace's integrated solution stack is strengthened further to manage the entire lifecycle of the workforce

Through this acquisition, BetterPlace will aim to provide opportunities for India’s 90 million strong gig-workforce by enhancing ‘BetterPlace Select,’ the company’s short-term, long-term and task-based workforce management offering.

Turtlemint, a leading Indian insurtech company, has launched its first office in Dubai with an aim to unlock the market opportunity in a fast-developing Mena region.

Jungle announces a $600Mn fundraise, crosses $1Bn in AUM to become the first independent, Singapore-headquartered VC firm that invests across Southeast Asia and India, to reach this milestone

Fund IV totals $600 million, with $450 million for new investments and $150 million earmarked for follow-up investments in its portfolio companies. The fund’s close brings Jungle Ventures’ total assets under management to over $1 billion, which it says makes it the first independent, Singapore-headquartered venture firm that invests across Southeast Asia and India to hit this milestone.