Deals
The company plans to raise a minimum of $100 million in its Series C round.
Analysis
The regulatory landscape for BNPL is yet to evolve in SE Asia.
Corun will pick up a 30% stake in Dingsheng, a lithium-ion battery materials developer located in southeastern China's Jiangxi Province.
Hyundai Oilbank makes third listing attempt, gains preliminary nod for IPO
Czech firm PPF seeks to divest consumer lending biz Home Credit in China
Geely-backed energy storage firm Corun to invest $168m in Chinese new materials business
More Stories
[Updated] Bangladesh B2B startup ShopUp nets $65m in Series B4 funding
SG’s Panthera Growth Partners secures first close of $250m Fund 2
Ascend Vietnam Ventures closes debut fund at over $50m
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Greater China
The exit comes five years after CDH invested in The Better Health Company.
Voyagers Capital was created earlier this month by founding partner Chen Bing
Vietnam
In 2019, DealStreetAsia reported that FV Hospital was reviewing exit options.
India
ADB and existing investor Premji Invest co-led the round.
Tony Xu, the founder of Doordash has also invested in the current round, making Arzooo his first India investment.
Semi-Tech raised $80.6 million across its Series A++ and Series B rounds.
The development comes less than a month after the company raised $50m as part of its Series C.
Indonesia
Singapore
PPF is also scouting for partners for its Home Credit operations in SE Asia
Rest of Asia
Hyundai Oilbank is an affiliate of shipbuilder Hyundai Heavy Industries.
Weilong may launch the IPO in the second half of 2022.
Thailand
The IPO will be sold to 18 domestic and international cornerstone investors
Companies supplied items to Russian "entities of concern", says Commerce Department.
Top Shine Global, an investor in an Evergrande unit , filed the petition.
Three Arrows failed to make the required payments on a loan of 15,250 BTC and $350 million USDC, said Voyager.
WhiteHatJr has handed the pink slip to around 300 employees.