Rigel Capital Management

🚀 Big News from Amilo! We're excited to announce that Amilo has successfully acquired Sivadon Logistics in Thailand as part of our ambitious growth strategy. This acquisition marks a major milestone in our mission to create a unified Southeast Asian market and expand our world-class logistics capabilities. Stay tuned as we continue to drive innovation and set new standards in the logistics industry. This is just the beginning of our journey to connect Southeast Asia to the world with unmatched reliability and sustainability. 🌍 #Amilo #Logistics #Acquisition #Growth #SEA #Innovation https://lnkd.in/g2D-Rtns

Thrilled to see our portfolio Amilo, a Singapore-born company, continue to expand its reach by entering Thailand through the strategic acquisition of Sivadon Logistics! This is a significant step in enhancing cross-border logistics and strengthening our presence in Southeast Asia. Exciting times ahead! 🌏 https://lnkd.in/gVfUYhV5 #Amilo #CrossBorder #Thailand #Logistics #Expansion

Singapore-Based Amilo has Acquired with Sivadon Logistics Amilo, a Singapore-based logistics #technology business, has purchased Sivadon Logistics, a Thai company, in order to #strengthen its network and operational capabilities. Amilo offers cross-border delivery services that enable access to warehouse, fulfillment, local transportation, delivery, and international expansion. It can be found in Singapore, Malaysia, Vietnam, and Thailand. Read more - https://lnkd.in/e9UeEj2t To share your startup story write us on - [email protected] #Amilo #Acquisition #SivadonLogistics #Startup

Yesterday, Volta Indonesia proudly hosted an event welcoming our esteemed partners, Gentari, to enhance EV fleet solutions and establish further battery swapping networks. At Rigel Capital Management, we are excited to further the mission of expanding Volta’s reach in Indonesia and Southeast Asia together with our partners: PETRONAS, Twin Towers Ventures (TTV), LX and SAIC. #rigelcapital #volta #gentari #petronas #southeastasia

We are happy to welcome AI Wisedrive | The Warranty Company into the Rigel Capital Management Ecosystem. Their approach to extended warranties aligns with our overall investment strategy - which includes AI, mobility, and sustainability. This investment supports our commitment to driving the AI revolution. https://lnkd.in/ggPhJGHT #wisedrive #rigel #india #southeastasia #AI

Rigel Capital is pleased to announce its investment in Wisedrive, India’s leading extended warranty technology company. Wisedrive is transforming the used car market with its unique AI-driven extended warranty offerings. This investment will bring Wisedrive’s innovative product and service offerings to markets in Southeast Asia. This strategic partnership underscores Rigel Capital’s commitment to fostering innovative solutions in the automotive technology and artificial intelligence verticals. Wisedrive’s advanced technology ensures warranty eligibility and boasts a claim rate of less than 1.5%, far below the industry average of 6-7%. By partnering with authorized service centers of brands like Honda, Hyundai, Maruti, Volkswagen, Skoda, Mahindra, Tata, and Toyota, as well as OEM workshops, Wisedrive provides a transparent and user-friendly warranty experience, addressing post-purchase concerns with unparalleled efficiency. Wisedrive is already a leading provider of warranties in Bengaluru (formerly Bangalore) with its unique extended warranty products for used car buyers. Kalyandhar, CEO of Wisedrive, expressed his excitement about the partnership, stating, “We are thrilled to partner with Rigel Capital to expand our pre-owned car warranty business to Southeast Asia. This collaboration will enable us to bring our innovative solutions to additional markets, enhancing the customer experience and ensuring peace of mind for car owners across the region.” Sebastian, CEO of Rigel Capital, also commented on the partnership, stating, “We’re pleased to be involved in Wisedrive’s international expansion, starting with Southeast Asia. Their approach to extended warranties aligns with our overall investment strategy - which includes AI, mobility, and sustainability. This investment supports our commitment to driving the AI revolution. We look forward to supporting their growth and success.” About Wisedrive: Wisedrive (WD) is India’s pioneering warranty tech company offering extended coverage for used cars whose original warranties have expired. Their AI-driven system ensures warranty eligibility and maintains a claim rate below 1.5%, significantly lower than the industry average of 6-7%. WD collaborates with OEM workshops for service and maintenance, providing a transparent and user-friendly warranty experience. Currently, WD faces minimal competition in the domestic market. The company aims to be the most trusted and customer-focused warranty provider and plans to expand its product offerings and operations in ASEAN countries, Australia, Japan, and New Zealand. For media inquiries, please contact: Rigel Capital [email protected] Wisedrive [email protected] #investments #startups #rigelcapital #venturecapital

Welcoming LX and SAIC to Volta Group. Tackling global climate challenges is increasingly important, and having these partners, along with Petronas TTV, is vital to our mission. Together, we aim to reduce carbon emissions and deliver innovative solutions. Rigel, our partners, and Volta Group are poised to make a meaningful impact in this critical area.

Manna Agribio Pte. Ltd proudly introduces the latest innovation in agriculture: Manna Probiotic Organic Fertilizer, utilizing patented Rapid Fermentation Technology. This technology enables the production of high-quality probiotic organic fertilizer in a significantly shorter time. This innovation is based on over  five years of research and development, resulting in a fertilizer rich in NPK and beneficial microbes, offering an economical and environmentally friendly solution. Event Details: - Event Name: Panen Sejahtera - Date: June 12, 2024 - Location: Jatiluwih, Bali Key Highlights: - Introduction of Manna Probiotic Organic Fertilizer: The innovative fertilizer uses patented Rapid Fermentation Technology, producing high-quality fertilizer in a shorter time, rich in NPK and beneficial microbes. - Addressing Global Demand: With rising awareness of environmental sustainability, the global demand for organic fertilizers is at an all-time high. Long-term use of chemical fertilizers has damaged soil ecosystems, leading to declining agricultural productivity. Manna’s solution is crucial for Indonesia, heavily reliant on agriculture and facing a shortage of domestic NPK fertilizer production. - Revolutionizing Agriculture: Manna Probiotic Organic Fertilizer aims to revolutionize organic fertilizer production in Indonesia and beyond, significantly impacting global sustainable agriculture and food security. This  focus on regenerative organic farming aligns with government efforts to address the 72% of degraded agricultural land in Indonesia. Demonstration Plot Launch: At the Panen Sejahtera event in Jatiluwih Village, we are introducing a Demplot (Demonstration Plot) in collaboration with local farmers. This plot aims to demonstrate the superior qualities of our Manna Probiotic Organic Fertilizer directly in the field. Our fertilizer has proven to: - Increase soil fertility and improve soil structure. - Provide high-quality natural nutrients gradually. - Enhance the availability of macro and micro nutrients. - Reduce environmental pollution. - Sustainably boost crop productivity. Manna Probiotic Organic Fertilizer, the Farmer’s Friend for healthier and more sustainable agriculture. About Manna Agribio Pte. Ltd: Manna Agribio Pte. Ltd is a leading agricultural technology company committed to providing innovative solutions that support sustainable and environmentally friendly farming practices. Their  products and initiatives are designed to enhance crop yields, promote good agricultural practices, and support the growth of the agricultural sector in Indonesia and globally. Earlier this year, Rigel Capital announced as the lead investor in Manna Agribio Pte. Ltd in Indonesia through its Rigel Star Fund LP. For more information about Manna Probiotic Organic Fertilizer or to schedule an interview, please contact: Email Address: [email protected] Phone Number: +62-21 634 7338

Earlier this week, we were delighted to host our friends from Start2 Group , Hi Incubator , and a few startups from Germany. We showcased our ecosystem and highlighted the factors that make Southeast Asia an attractive market for their business' expansion or investments. We extend our best wishes to our friends and look forward to meeting them again soon.