GENERAL

RPG Commerce Raises RM127 Million in Series B Funding Round Led by East Ventures

 |  Monday, 27 June 2022 16:39  |  Published in GENERAL

Above (L-R); Celine Choo, Melvin Chee, Nelson Ting, Elvin Chee, and Josh Lee, Co-founders of RPG Commerce 

Kuala Lumpur, Malaysia, 27 June 2022 - RPG Commerce, South East Asia’s leading Direct-To-Consumer (DTC) social e-commerce company, has secured RM127 million in a Series B funding round led by East Ventures,  UOB Venture Management, Vertex Ventures SEA & India (VVSEAI), and RHL Ventures. VVSEAI previously led RPG Commerce’s Series A funding and has continued to invest in this current round.

The funds raised will be channeled into future-proofing the company’s technology and development processes, as well as developing and expanding RPG’s world-class brand-portfolio to create revolutionary consumer products. RPG currently hosts a suite of 10+ in-house international brands, including apparel & homeware brands Thousand Miles, Bottoms Lab, Montigo, Cosmic Cookware & more. 

First Ever VC Microfund by Emissary Capital Successfully Funded & Closed on Fundnel Malaysia’s ECF Platform.

 |  Monday, 27 June 2022 16:35  |  Published in GENERAL

Kuala Lumpur, Malaysia - 27th June 2022 - For the first time ever, equity crowdfunding (ECF) investors in Malaysia were given the exclusive chance to invest into a venture capital (VC) fund, made possible on Fundnel Malaysia’s ECF platform. Emissary set aside an allocation in  Emissary Capital Growth Fund I’s total fund size of US$47.6 million (MYR200 million) to offer this microfund investment opportunity to ECF sophisticated and angel investors through Fundnel Malaysia specifically with the purpose of providing access to venture capital funds.

“We are thrilled to have completed such a successful campaign thanks to our fundraising facilitators, Fundnel. With this success, we are proud to create history as the first PE/VC fund in the region to raise capital via a crowdfunding platform. We hope that we can continue to further democratise the PE/VC investment landscape in Asia by giving every investor, big or small, equal access to the best private investment deals as institutional investors have." -Juhn Teo, Managing, Partner at Emissary.

ManageEngine Named a Leader in the IDC MarketScape for Unified Endpoint Management

 |  Monday, 27 June 2022 16:31  |  Published in GENERAL

Malaysia, 27 June 2022 – ManageEngine, the enterprise IT management division of Zoho Corporation, today announced that Endpoint Central, its Unified Endpoint Management (UEM) offering, has been recognized as a Leader in the IDC MarketScape: Worldwide Unified Endpoint Management Software 2022 Vendor Assessment (doc #US48325122, May 2022), the IDC MarketScape: Worldwide Unified Endpoint Management Software for Apple Devices 2022 Vendor Assessment (doc #US48325222, May 2022) and the IDC MarketScape: Worldwide Unified Endpoint Management Software for Small and Medium-Sized Businesses 2022 Vendor Assessment (doc #US48325522, May 2022).

It has also been positioned as a Major Player in the IDC MarketScape: Worldwide UEM Software for Ruggedized/Internet of Things Device Deployments 2022 Vendor Assessment (doc #US48325322, May 2022).


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