TLDR:
- Kaya Founders announces second close of two funds, reaching PHP 1.25 billion in total assets under management
- AnyMind Group to acquire Arche Digital in Malaysia to strengthen business-process-as-a-service capabilities
Kaya Founders, a Philippines-based venture capital firm, has announced the second close of its two latest funds, securing PHP 1 billion (USD 18 million) in commitments. The firm aims to eventually secure PHP 1.4 billion (USD 25 million) across the two funds. AnyMind Group, a Singapore-founded brand enablement company, has agreed to acquire Arche Digital, an e-commerce enabler, and fulfillment services provider in Malaysia in a strategic move to enhance its BPaaS capabilities for enterprises. Animoca Brands has invested in UAE-based Eesee, and several other funding deals have taken place in China and India, including investments in Ultrahuman, Pocket FM, Optimo Loan, and Liquidnitro Games.
