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Deals in brief: AC Ventures raises USD 210 million at final close of fifth fund, Sony scraps merger with India's Zee, nine China deals, and more - Vimarsana News

Deals in brief: AC Ventures raises USD 210 million at final close of fifth fund, Sony scraps merger with India's Zee, nine China deals, and more

Bringing you the latest news briefs on fundraising activities in the Asia Pacific.

Indonesia's Ayoconnect lays off 10% staff to meet profitability target - Vimarsana News

Indonesia's Ayoconnect lays off 10% staff to meet profitability target

Ayoconnect did not reveal the number of employees impacted but DealStreetAsia has learnt that it employed more than 200 personnel previously.

People Digest: Advanced MedTech, Indonesia's Ayoconnect make senior hires - Vimarsana News

People Digest: Advanced MedTech, Indonesia's Ayoconnect make senior hires

Advanced MedTech has named Greg Miller as its new CFO.

Indonesia's Ayoconnect closes $15m Series B round led by Tiger Global - Vimarsana News

Indonesia's Ayoconnect closes $15m Series B round led by Tiger Global

Ayoconnect plans to use the proceeds to launch new products, increase its capacity, and kick off regional expansion.