Rest of Asia
Machdock Ventures, Black Sheep Capital, and angel investors also backed Brainfish’s funding round.
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
Hong Kong Exchange Fund posts investment income of $6.95b in Q1
EQT to acquire digital consultancy firm Perficient for about $3b
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The LP View: Hamilton Lane sees LP-GP alignment as key concern amid rising infra fund mergers
Indonesian coffee unicorn Kopi Kenangan serves up new brand for mass market
Singapore’s EDBI in talks to invest in Indian startup unicorn Mohalla Tech
Vietnam’s Galaxy Education eyes up to $20m fundraising to expand footprint
Greater China
The new financing marks the fifth funding round raised by Volant since its inception in June 2021.
Vietnam
Other participating investors included Touchstone Partners, East Ventures, and Saison Capital.
The new funding will finance the establishment of Fano Labs’s new office in Singapore as part of its APAC expansion plans.
India
The total corpus raised by AiDash to date stands at $91.5 million.
Indonesia
Backed by 500 Global, Edukita closed its last funding round in Nov 2022.
The Indian government-backed NIIF recently bought a majority stake in iBUS for $200 million.
Argor Capital and Vertex Ventures invested in the round.
Beacon VC has partnered Indonesia’s SUN Group to invest in Thai startup ION Energy’s $3-million Series A round.
The fund plans to invest in about 25 companies at the Series A stage.