Deals
Here’s your weekly recap of the most significant developments in Asian private markets in the week that went by.
Adani-EdgeConneX JV secures up to $1.4b financing to build data centres in India
Editor's take: The week that was — April 22-27
As new regulations take shape, will Indonesian investors' interest in crypto hold?
PE firm L Catterton buys into Italy's affordable cosmetics brand KIKO in $1.5b deal
Apple renews talks with OpenAI for iPhone generative AI features: report
More Stories
GoTo-backed digital lender Bank Jago’s profits surge 24% in Q1 2024
Editor’s take: The week that was — April 22-27
PE firm L Catterton buys into Italy’s affordable cosmetics brand KIKO in $1.5b deal
As new regulations take shape, will Indonesian investors’ interest in crypto hold?
Decarbonization Partners hits final close of debut fund at $1.4b, surpasses target
Private Equity
The BlackRock-Temasek JV fund had set a target of $1 billion.
Venture Capital
ShopBack is launching a mobile app and website tailored for New Zealand.
The three funds are dedicated to private credit, social infrastructure, and data centres.
In 2022, BillEase banked a $20m debt facility from Singapore debt investment firm Helicap Securities.
Vietnam-based edtech startup Prep has closed a Series A round.
Analysis
Regional startups raised a meagre $1 billion in private funding in Q1, the lowest quarterly haul in over five years.
People
Once hailed as a rising star from SE Asia, the startup had raised over $310m from marquee names.
The PE firm aims to raise $520 million for the sixth fund by the end of 2024.
“For us, impact is intricately linked with the financial performance of the business.”