PE firm bullish on SaaS in the region despite few buyout opportunities
Global Founders Capital and Wavemaker Partners co-anchored the funding round
Inflection Point Ventures, Venture Catalysts and HNIs also participated
IPOs & Markets
Agility Ventures co-leads funding in Vanity Wagon and India deals worth $222m
Indonesian aquatech startup eFishery raises $33m loan facility from Bank DBS
Ex-Gojek exec's SaaS startup raises $2m pre-seed funding and other SE Asia deals
Indonesian tech giant GoTo takes a three-pronged path to profitability
Startup funding in Singapore grew 45% annually to reach S$14.7b in 2021: EnterpriseSG
Big opportunity to localise models from China & India to SE Asia: Warburg Pincus
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The fund exceeded an original target of $550m
Vietnam is the firm's third largest market in Asia after China and India.
RTAF has made its first investment in MyMandi, a B2B marketplace for cart-pushers
Startups in China's sensitive, hard-tech sectors have never considered an overseas listing, said Tang.
It is betting big on markets such as Singapore and Vietnam
The startup plans to use the money to expand its services in Indonesia
Xalts offers asset management, issuance platforms and treasury solutions
Rest of Asia
The Vision Fund revolutionised startup investing. But, what's next for the group?
Nomura wants to hire experienced hands in advanced autos, supply chains, and transportation.
Apollo, Sixth Street and other investors were looking to commit over $1b.
Many analysts are sceptical about the timing of the IPO amid rising interest rates.
Use cases are being examined for an e-rupee in a way that there is minimal or no disruption to the financial system: RBI
The move could assuage the worst fears of South Korean memory chipmakers
Pentagon added 13 new companies to the list on Wednesday
The firm has proposed a $20b solar power export project