Greater China
The new fund brings the firm’s total AUM to almost 1 billion yuan ($138.4m).
ID Digest: HSBC reviewing 8 SE Asian firms for potential investment; Amar Bank partners eFishery
Xiaomi takes on Tesla in Chinese auto market with $29,870 electric car
Indian food delivery platform Swiggy records $200m in 9M 2023
Bankman-Fried sentenced to 20 years for $8b dollar FTX fraud
Taiwan's Shin Kong Life disposes of stake in Warburg Pincus, four other PE funds
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India: Former Premji Invest execs-led PE firm Trident Growth eyes $250m debut fund
Vietnam-based PE firm Mekong Capital testing new waters for future growth
HSBC launches $1b ASEAN growth debt fund and $150m SG venture debt fund
SE Asia-focused PE funds salvage 2023 performance with strong H2 fundraising
SG’s Fractional aims to deliver more brand bang for startup’s buck
India
The twin-strategy third fund aims to raise $250-300m in total.
Singapore
StealthMole raised $7m in a Series A round led by Korea Investment Partners.
Chunghwa Telecom led iKala’s funding round.
The deal marks HealthQuad’s fourth exit from its Fund I.
Shell Ventures was among the investors in the deal.
Indonesia
The round was co-anchored by PayPal Ventures and US-based insurer MassMutual.
Malaysia
500 Global anchored Applecrumby’s growth funding.
Philippines
Venturi invested out of its $180m debut consumer-focused fund.
Avendus PE also participated in the funding round of the educational loan provider.