Analysis
Singapore fintech startups accounted for more than half of the funds raised in the first quarter.
India's IIFL Finance faces liquidity crunch after RBI curbs on its gold loans business: report
Quadria Capital picks up minority stake in Indian dialysis chain NephroPlus for $102m
KKR to buy Indian medical devices firm Healthium Medtech from Apax
Australia Digest: AI startup Brainfish raises funding; Optus names new CEO
Triple P, IFC consortium acquires non-life insurer MAA General Assurance Philippines
More Stories
Singapore’s EDBI in talks to invest in Indian startup unicorn Mohalla Tech
The LP View: Hamilton Lane sees LP-GP alignment as key concern amid rising infra fund mergers
Indonesian conglomerate Astra eyes aggressive EV push in next two years
EQT to acquire digital consultancy firm Perficient for about $3b
Fintech deals surge in Q1 but concerns persist over long-term momentum
Automakers plan local productions to crack market dominated by Japanese players.
Jago Coffee and Janji Jiwa also offer beverages at low price points.
Astra is confident of competing in the EV market riding on its strong ecosystem.
Deals
Backed by 500 Global, Edukita closed its last funding round in Nov 2022.
Earnings and Results
Blibli’s take rate increased to 6.3% in Q1 2024, compared with 4.9% in Q1 2023.
Pet supplies company Vetreska received a capital injection from VC firm Quest Ventures this week.
Warburg, through Adventure Holdings, is the largest and majority shareholder of NWP Property with a 53% stake.
Venture Capital
Argor Capital and Vertex Ventures invested in the round.
Bukalapak is targeting solid top-line growth till the end of this year supported by the O2O segment.