Rest of Asia
Vietnam-based edtech startup Prep has closed a Series A round.
Data Vantage: Prep, Oobit, Rize, Staple and Atera Water in focus
Morgan Stanley PE Asia to carve out China team as CEO steps down
Anaemic Q1 fundraising casts pall over Southeast Asia's startup landscape
IFC proposes to invest up to $7m in Philippines fintech startup First Circle
We aren't going anywhere, says TikTok CEO after US restrictions
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Indonesian B2B commerce startup Sinbad set to merge with brand aggregator Tjufoo
More LPs are looking at structured approach to impact assessment, says ABC Impact exec
Healthcare funds looking to cash in on India’s ageing population, higher disposable income
TikTok’s push into Vietnamese e-commerce could face regulatory hurdles: expert
India
Dutch development bank FMO has also proposed to invest $75 million in the NBFC.
Philippines
Vietnamese food chain Homefarm is backed by Alibaba’s eWTP Technology and Innovation Fund.
The financing was also backed by investors like Aanya Ventures, Subrata Mitra, and Radhika Pandit among others.
Airtel is the largest shareholder in telecom infrastructure developer Indus Towers with a 47.95% stake.
Around 99% of the votes cast by Link shareholders were in favour of the bid.
Singapore
Qashier wants to expand its offerings across SE Asia and beyond the region.
Malaysia
The bank reportedly plans to launch a debit card by the end of this year.
Thai insurtech firm Sunday has issued additional shares to its largest shareholder.
Greater China
An agreement would be the latest in a string of Aramco deals with Chinese refiners.