Deals
This edition presents a recap of top developments from investors and startups in Asia.
SE Asia's marketing tech players climb the charts despite funding chill, stiff competition
Indonesian P2P lender Modal Rakyat business model faces scrutiny as lender files lawsuit
India: PE-VC firms get a breather as exit routes open up
Fosun open to sale of Portuguese bank stake
India IPO market gains steam, with scooter maker Ola on deck
More Stories
The LP View: Singlife’s investment arm charts private equity course for Asia
IFC weighs $100m investment for responsAbility’s Asia-focused climate fund
Charticle: First-time VC fund managers in SE Asia had one of their toughest years in 2023
Indonesia-listed Saratoga likely to acquire Brawijaya Hospital from PE firm Falcon House
Singapore’s PCG in talks to reopen fund for luxury Japan ski resort as weak yen beckons
Singapore-headquartered digital banking group Tyme Group has received a fresh capital injection from a PE firm.
Private Equity
KKR’s investment strategy includes the development and acquisition of around 2,000 towers more.
Proptech firm Rukita has issued new shares to investors, including MPower Partners and Openspace Ventures.
Q & A
“Meeting female investors was a game-changer for us,” said Jessica de Mesa.
The PH-based firm is in talks to exit XDE Logistics and TeamQuest Technology.
People
Female-founded startups secured 18.3% of all equity funding secured during the year.
Venture Capital
ADB Ventures’s first $60m fund was closed in 2020.
India-based neobank Freo issued new shares to Money Forward, RTP Global and others this week.
Regional VCs closed 25 funds last year, a drop of over 32% from 2022’s historical peak.