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  • Kuala Lumpur [Malaysia], May 22: Ashita Group, a rising leader in the B2B2C, e-commerce, and social commerce sectors, proudly announces a transformative commitment of growth capital investment up to USD 155 million by CPFam-LDA Asia Growth Fund and AEI Capital Group into Ashita Group, as it is gearing towards its upcoming public listing. This milestone follows a recent pre-listing strategic investment in Ashita Group at USD 1 billion valuation led by AEI Capital Group in partnership with 3 other institutional investors, namely (i) Vynn Capital, a top VC firm focused in SEA and backed by prominent sovereign wealth funds and conglomerates, (ii) VisionGain Capital, a prominent hedge fund firm focused in China and Asia, known for its active participation in China unicorn investments space, and (iii) the strategic investment arm of Fonixtree Technology, Alibaba Cloud's overseas associated company for global digitalisation business riding on AliCloud technologies. This investment underscores the strong market confidence in Ashita Group's vision to redefine digital commerce across Southeast Asia and beyond over the next 5 years.

  • Pune (Maharashtra) [India], May 22: Gold has always occupied a special place in Indian homes, representing wealth and security. Initially, such investments required purchasing physical gold as jewellery or coins, which presented challenges such as verification of purity, storage, and the need for larger up-front payments.

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