Analysis
The deal value of martech startups in the region has steadily increased between 2020 and 2023.
PE-VC firms encashed $22.4b in 2023, a 21.6% jump from 2022.
Deals
Indonesia-based digital staffing platform Staffinc has received a fresh capital infusion from its existing investors.
Private Equity
IPOs & Markets
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SE Asia's marketing tech players climb the charts despite funding chill, stiff competition
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Our reporters track deals with a focus on Private Equity, Venture Capital and M&As across Southeast Asia, India and China, and bring it to your inbox every day.
India
Startups founded or co-founded by women in India bagged $1.08 billion in funding in 2023, accounting for a 9.25% share of all private capital raised by startups in the country.
Southeast Asia
Startups with at least one female founder in Southeast Asia raised $1.41 billion in equity funding in 2023, or 18.3% of the total private capital secured during the year.
Rest of Asia
It committed $300m each to CVC Capital Partners Asia VI and Bain Capital Asia V.
Singapore
The Riyadh-headquartered fund manager will also be opening an office in Singapore.
Malaysia
The pension fund will make the investments through Gobi Partners.
Cedar Capital is looking to invest in 15 early-stage banktech-focused startups in seed-Series A rounds.
A91 Partners is currently investing from its second fund, which has a total corpus of $550m.
Greater China
Recently, Animoca signed an MoU with Riyadh's King Abdulaziz City for Science and Technology.
Perfios has a presence in India, Southeast Asia, the Middle East, and Africa.
Indonesia
Vietnam
The stake was worth around 836 million euros ($910 million) on Monday.
World
Negotiations are on about licensing Gemini for some new features coming to the iPhone software this year.
Modal Rakyat provides productive loans for micro, small, and medium enterprises.
Foreign investors gravitate toward fast-growing economy as China risks mount.
TikTok achieved record sales in the US in 2023, according to FT.
IPO applications will be strictly vetted to prevent companies from excessive fundraising.
China's increasingly deregulated market has already lured global quant giants including Man Group, Two Sigma, and Winton.
Longi's website says the company had 60,601 employees as of April 2023.