Venture Capital
OPTIX has closed an oversubscribed pre-Series A round led by Primavera Venture Partners.
Asia Digest: Spacetech startup Emposat, XR developer OPTIX raise fresh capital
Indonesian startups Tjufoo, Sinbad announce merger, creation of new holding entity
Piling dry powder signals end to Indian startup funding winter
Octopus Energy's valuation rises to $9b after CPPIB, Generation Investment raise stake
PE firms weigh potential buyout of NY-based fitness company Peloton
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Deals
DealStreetAsia first broke the story of their merger plans in April.
Analysis
“Assets built with strong unit economics and large market potential will get backing,” says Omnivore partner Subhadeep Sanyal.
UK-based firm has raised more than $2b so far from global investors.
Private Equity
The company has had talks with at least one firm in recent months as it considers going private.
Greater China
CICC is planning to reduce its investment banking headcount by at least 10% this year.
World
Kaplan will give strategic advice to the Wall Street giant’s clients globally.
India
Other investors in Superplum include Mark Siegel, Dan Rose, Steve Jurvetson, and Binny Bansal, among others.
The round roped in four strategic investors including CCB Investment and Changshu Jingkai Guofa Fund.
Singapore
The investment adds to the S$11.5b the company has already invested in APAC till 2023.